Written by Brooke Donald.
The Center for Compassion and Altruism Research and Education at Stanford brought together leaders in business and academia to talk about the role of compassion in business.
The latest research suggests that a more compassionate workplace, where helpfulness and forgiveness are part of the business model, is a more productive, efficient and happy place to work.
In businesses where compassion is emphasized, employees are less stressed and more satisfied with their jobs, and turnover is lower, researchers say.
Compassionate organizations also have more employee loyalty and engagement, according to researchers.
“Compassion, fundamentally, defines our humanity,” said James Doty, the founder and director of the Center for Compassion and Altruism Research and Education at Stanford.
Doty made his remarks at the center’s recent Compassion and Business Conference, where researchers and business leaders presented their findings and highlighted best practices related to compassion, helping and social entrepreneurship.
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