Why Employees Don’t Care About Profit—And How To Fix It

11 Feb 2024 · 1 min
1:11

Michael Erath argues that organizations often train employees only on day-to-day tasks without showing how their work affects other teams, the company’s flywheel, and financial outcomes. He recommends building financial literacy so employees understand profit versus cash, link their work to successful outcomes, and thereby help create a healthier, sustainable organization that can pay top compensation and better pursue its purpose.

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