Behind The Scenes: Outthinkers Podcast #122
Stephan Meier: Employee-Centricity as a Competitive Advantage
Stephan Meier is Chair of the Management Division and the James P. Gorman Professor of Business Strategy at Columbia Business School whose work lies at the intersection of behavioral economics, business strategy, and the future of work.
Customer-centricity has long been at the forefront of conversations that involve optimizing profit, with the idea that happy customers lead to increased revenues. But a new theory is quickly gaining traction—that employee-centricity is just as important.
Stephen is a big advocate for the idea that happy employees not only boost company morale, but have a clear direct correlation on the bottom line. In his upcoming October 2024 book, The Employee Advantage: How Putting Workers First Helps Business Thrive, he collects fascinating case studies and insights from his research to showcase how businesses that invest in employee experience often outperform others.
In this conversation, we discuss key points from his book, including:
How you can adapt customer-centricity frameworks and tools to improve your employee experience
The four key motivators in the workplace beyond compensation that have an enormous impact on performance
How technology can both help and hinder the workplace—and how you can use it to optimize the employee experience