TED Talks Daily The surprising ingredient that makes businesses work better | Marco Alverà
Aug 19, 2019
Marco Alverà, a businessman championing workplace fairness, explores the profound impact of perceived unfairness on both personal and professional life. He illustrates how addressing unfairness can lead to happier employees and enhanced organizational performance. Alverà emphasizes the importance of creating a culture that prioritizes fairness and diversity, highlighting how this fosters creativity and collaboration in the workplace. His insights reveal how tapping into our innate sense of justice can transform businesses for the better.
AI Snips
Chapters
Transcript
Episode notes
Personal Anecdotes on Unfairness
- Marco Alverà shares anecdotes about unfairness, like not being invited to a wedding.
- His daughters argue over a back massager, highlighting how even small unfairness triggers strong reactions.
The Impact of Unfairness
- Unfairness evokes strong emotional responses, hindering rational thought and creating suspicion.
- In the workplace, unfairness leads to disengagement, costing companies billions annually.
Italian Oil Company Experience
- Alverà initially believed in risk-reward systems to motivate employees, but his experience at an Italian oil company challenged this.
- Despite fixed salaries and lifelong jobs, some teams, particularly in exploration, achieved remarkable success.