Ashish KothariMake flourishing your competitive edge

The Approaches to Work-life Integration with Ashish Kothari and Scott Shute #shorts

14 May 2024 · 1 min

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0:57

A brief YouTube short in which a speaker (attributed to Ashish Kothari) argues that compassion should shape every part of business—product design, sales, marketing, service, internal policies—and that moving from a "me" (shareholder-only) mindset to a "we" approach that balances customers, employees, and shareholders yields better outcomes. The speaker states that creating balance for all stakeholders leads to improved company performance and greater profitability, and references unspecified research supporting this claim.

Chapters

Compassion is how we interact with other people. Well, that means every single thing we do as a business, compassion can play a part in how do we build products, how do we sell products, how do we market them, how do we service them, how do we treat each other, what are the policies that we use to treat each other, treat our customers, treat our shareholders? And so it's everything. Well, everything is a big place to boil down to. So for me, the root of compassion is when we move from me to we, when we move from only thinking about money and shareholders to thinking about creating balance for the whole, all of the stakeholders, including our customers, providing value for customers, including our employees, providing a great environment so they can be fulfilled and do their best work. And yes, shareholders too, because it's their money. We want to be respectful of it. But when we create balance for all of that, the research shows that companies actually do better. They actually make more money when they solve for the whole versus only thinking about finances.