From the course: Awakening Compassion at Work (Blinkist Summary)

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Compassion can be a source of innovation

Compassion can be a source of innovation

From the course: Awakening Compassion at Work (Blinkist Summary)

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Compassion can be a source of innovation

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- [Presenter] Blink number two. Compassion assists in companies' performance and can be a source of innovation. Business people are tough and tend to take hard-nosed approaches, but sometimes showing compassion to workers isn't just good for them as individuals, the business can ultimately reap the benefits. Simply put, companies that value compassion will perform better. In 2004, administrative science expert, Ken Cameron, published his research on the effects of what he termed virtuousness on business revenues. Cameron found that workplaces that were more compassionate were more productive and of course, more productive workers meant that companies' finances were healthier. What's more, his research showed that compassionate companies were better at retaining both clients and employees. Studies like Cameron's are rare, but his work has been verified by research in related fields. These, too, indicated the power…

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