3min snip

The TED Interview cover image

Why true success goes beyond profit with Chobani founder Hamdi Ulukaya

The TED Interview

NOTE

Investing in People for Business Success

Investing in people is crucial for business success as it leads to better performance and impacts the business positively. Paying employees fairly, training them well, providing autonomy, and involving them in decision-making create a sense of belonging and loyalty. Employees' emotions, attention to detail, and dedication in industries like food significantly influence the quality of products and services. Ensuring employees have secure jobs and can sustain a good standard of living without financial worries contributes to a successful business. The speaker's approach is to avoid having partners to retain full control over business decisions and alignment with human values. Careful selection of investors and partners plays a vital role in maintaining the business's human-centric values and facilitating growth without compromising the core principles.

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