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Marcel Schwantes: Toxic Work Culture

Marcel Schwantes: Toxic Work Culture

FromLove in Action


Marcel Schwantes: Toxic Work Culture

FromLove in Action

ratings:
Length:
6 minutes
Released:
Aug 3, 2023
Format:
Podcast episode

Description

“A toxic work culture was found to be 10.4 times greater than compensation in predicting a company's attrition rate relative to its industry average.” [1:23] Marcel explains the not so shocking reason why workers left jobs in droves in the 2021 Great Resignation. “When leaders lack empathy, fail to communicate clearly, or prioritize their own interests over the well-being of their employees, it can lead to a toxic environment.”[2:13] As Marcel says, toxic work culture is not built overnight, it happens with consistently poor behavior in leadership that seeps into every aspect of the organization. “It is about bringing our deepest sense of right, authentic caring, and highest ideals to business. It is about achieving success beyond success, measured in the flourishing of human lives.” [4:41] Marcel quotes  CEO of Barry-Wehmiller, Bob Chapman, to emphasize his point on the importance of prioritizing people over profit.Mentioned in this episode:Marcel Schwantes
Released:
Aug 3, 2023
Format:
Podcast episode

Titles in the series (100)

Join host Marcel Schwantes and the world's top business thought-leaders, authors, executives, and leadership experts as they reimagine the conditions necessary for creating caring, humane, and human-centered workplaces that result in high-performing cultures and bottom-line impact. The future of leadership is "love in action." Join the movement!