Blog: Know your staff, love your staff
Dean Best | 8 October 2008
It's not often that you hear the words of Mother Teresa at a food industry event.
Okay, so they were second hand but the phrase “know your staff, love your staff” is something that could come in useful, especially in this turbulent economic climate.
Last night (7 October) in London, executives from many industries – including food – gathered to hear the latest work from a programme called Business In The Community (BITC).
The event was held to mark the first anniversary of the BITC's “Business Action on Health Campaign”, an initiative that aims to promote the health and well-being of employees across businesses of all shapes and sizes.
Now, investment behind schemes like this – and on many other corporate and social responsibility issues – is likely to be squeezed in the current economic climate but we were reminded – not least through Mother Teresa's words – of how important looking after your staff is.
Indeed, when money is tight, it pays to look after your workforce. The reduction in cost of managing sick days more effectively or the reduction in insurance costs should health and safety practices be carried out effectively is enough to make any under-pressure finance director sit up and take notice of the importance of such schemes.
There is a concern that, as more focus is given to the bottom line, less time will be spent on issues like workplace well-being. There is the danger that such issues will be seen as a bit woolly.
But the ethical case – and more pertinently – the business case remains for knowing and loving your staff.
The UK's competition regulator has given the all-clear to Hain Celestial's bid to buy UK food and beverage group Orchard House Foods, nine months after the US group announced the deal....
Hershey made an unusual announcement today (20 September), sharing its own sales data for the last four weeks to assuage any possible investor concern over figures released by Nielsen....
As the UK starts to ponder what kind of a relationship it wants with the European Union post-Brexit, EU leaders have been lining up to warn that Britain will not be allowed to "cherry pick" deals and ...
Low food prices continue to hold back inflation rates in the UK as the supermarket price war continues in the face of rising import costs. ...
- Interview: Mondelez eyes sweet success in China
- The benefits of engaging staff in sustainability
- How food companies involve staff in sustainability
- Why Danone is withdrawing Dumex from Vietnam
- Why May's Brexit comments give reason for optimism
- 2 Sisters chief Boparan buys Bernard Matthews
- Fonterra says value-added strategy paying off
- B&G Foods acquires ABF's US spice business
- General Mills profit falls as sales disappoint
- Ahold Delhaize resolves Kraft Heinz delisting spat
- The Big 15: Strategies and Priorities of Top Packaged Food Players in Comparison
- Global Chocolate Confectionery Overview: Challenges, Opportunities and Risks
- Global Foodservice Market 2016-2020
- Global Food and Drinks Closures: Performance and Opportunities
- Fast Food Restaurants in the US - Industry Market Research Report