We’re often told that having happy employees is the key to creating high-performance teams, but many companies are unsure of exactly what this means and how to do it. New book Happy Economics by renowned businessman Mark Price offers the key to understanding this and putting those plans into action.
The book closely examines how leaders can achieve the financial and cultural benefits of happy workplaces through tried-and-tested techniques, with insights from companies who have championed happiness at work and statistics that showcase the economics of doing so. What business leader wouldn’t want to see improvements in productivity, retention and employee engagement? All of which the book shows is possible through rethinking how we treat, reward and develop happiness in our teams.
Mark’s extensive background as one of the UK’s top business leaders is evident within the pages. With anecdotes from his time heading up one of the UK’s biggest retailers to the groundbreaking research from his company WorkL, who work with over 1,000 businesses globally to improve the happiness and engagement of their teams, it’s full of proven strategies designed by someone who has made it their mission to make the world happier at work.
There is a hugely practical side to the Happy Economics framework which readers and business leaders will love. Whether it’s re-engaging with a flight-risk employee or investing in wellbeing strategies that encompass physical, emotional and financial support, there are steps that every organisation can take to drive happiness and see the results. The book also shares details of a corporate happiness plan that leaders can put into action at every stage of their growth, showing the opportunity of investing in happiness is one that no business can afford to miss.
Mark Price is the former Managing Director of Waitrose and former Deputy Chair of the John Lewis Partnership – having worked his way up from a graduate trainee position in 1982. He is the founder of WorkL for Business and WorkL, Chair of The Fair Trade Foundation, NED of Coca-Cola, Chair of Business in the Community, former President of the Charted Management Institute and former Minister of State for Trade and Investment for the British government. He has written a number of books on employee engagement including Six Steps to Workplace Happiness and Fairness for All.
Happy Economics: Why the Happiest Workplaces are the Most Successful by Mark Price is published by Kogan Page on 3rd September 2024, £14.99.
