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Focus on bottom line not employees

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Verified by Psychology Today. Cutting-Edge Leadership. Which businesses are failing? Let's look at today's headlines. Goldman Sachs is being sued by the SEC and its reputation and stock are plummeting. British Petroleum is responsible for what could be one of the world's greatest ecological disasters.
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The danger of focusing on performance

The world of business is filled with a variety of terms, jargons, and odd phrases along with an ample supply of acronyms. The term bottom line is often used and refers to the profitability of a business after all expenses are deducted from revenues. Bottom line profits are net profits after all the costs of the business have been accounted for. The remainder is either a positive or negative figure. The phrase has also morphed into everyday business usage in conversations where someone is attempting to communicate a final conclusion, outcome, or recommendation.
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Supervisors driven by bottom line fail to get top performance from employees

Good pay is no substitute for a non-hostile work environment. There is no work-life balance if you have children, nor is there any accomodation for non-hourly employee chronic illness eg. DO NOT put store managers in charge over pharmacists, they are not familiar with laws, inventory, work flow, or off-site immunization and clia-waived lab procedures, NOR do they CARE to learn or listen to their pharmacists on such issues.
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When business owners strategize ways to increase profits, their energy is usually focused on how they can attract more customers to generate additional sales. However, working smarter — not harder — is the key to boosting the bottom line. Improving net earnings is directly linked to controlling costs, increasing productivity, marketing resourcefully and tightening credit terms. Well-trained employees who know the scope of their jobs and are held accountable for their productivity can save companies thousands of dollars each year. The time and money invested in training employees to be savvy customer service representatives, enthusiastic brand ambassadors and productive team members are returned in higher-quality products, increased output, happier customers and better retention rates.
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