1. The 80s and 90s began the extensive outsourcing of jobs from the US to other countries for cheap labor, especially in manufacturing. Employees were treated like numbers work more and earn less with limited or no benefits.For the same reasons, Companies including IBM laid-off employees and even closed manufacturing plants in the USA. Wholefoods, on the contrary, adopted the people-centered strategy of treating their employees right, including their suppliers was able to attain tremendous success.From your readings and work experience, how can managers use the concept of people-centered” organizations and conscious capitalism to create value in organizations?

1. Response to the paragraph above: 

2. individual on a group or the overall organization is ignored. For example, a staff member asks for a raise because she did market research and concluded that her compensation was not competitive with someone with her experience and education. If a manager looks solely at the individual, he or she may authorize a raise to keep that staff member happy and keep her from leaving. But without looking at the impacts to the group or organization, that raise may have significant negative impacts in other areas of the organization. Word could get out that she received a raise, and that could upset the team since they didn’t receive similar rate increases. And if the manager pacifies the group by providing raises across the board to all staff, then the financial impact of that could affect the organization’s profitability and cause the organization to cease being in business.

The benefit of understanding all three perspectives is the knowledge that all three are interrelated and as a result, changes to one most likely causes changes to the others. Understanding that each perspective has their own equities, priorities and risks helps a manager conduct the requisite tradeoff analyses required to manage each perspective. The ability to balance the needs and wants of each perspective is a key aspect to a good manager. My experience is that conducting a comprehensive evaluation of any issue is necessary to ensure that individual staff members’ needs are met, the performance of the team is analyzed and the impact to the overall organization is assessed prior to enacting a strategy. A favorite (albeit dated) analogy is when you push down on one side of the waterbed, the other side goes up. And recognizing that in advance, can save time, money and interpersonal conflict.