Happiness and Management
Bruno Frey
Chapter Chapter 11 in Economics of Happiness, 2018, pp 55-58 from Springer
Abstract:
Abstract Happy people have higher intrinsic motivation to work, which raises their productivity. Some firms exploit happiness to attract more customers. Such business policy exploits happiness in an instrumental way; this flies in the face of true happiness. In what kind of happiness can business organizations engage? A firm should offer all its stakeholders the possibility to achieve happiness. Firms should create a work atmosphere that supports employees’ autonomy and creativity and foster valuable social relationships. Individuals can then pursue their quest for happiness in the way best for themselves.
Keywords: Instrumental use; Productivity; Intrinsic motivation; Managers; Customers; Shareholders; Stakeholders; Work atmosphere; Employee satisfaction; Creativity; Social relationships (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-319-75807-7_11
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DOI: 10.1007/978-3-319-75807-7_11
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