Value People, Not Just Profits

US businesses often prioritize short-term shareholder value, frequently resulting in labor cost cuts. This approach is misguided, as it overlooks the importance of skilled workers in driving innovation and customer relationships. While reducing labor costs may yield immediate financial gains, it can cause significant long-term damage to the company, including a loss of essential knowledge and expertise. The current focus on short-term profits can lead to a disconnection from labor, diminishing the overall value that skilled employees bring to a business.