“We are only as good as our people” used to be a corporate cliché. Today, progressive companies realize that attracting and retaining the best talent is the life blood of an organization and is essential to the existence and success of companies. However, solely focusing on competitive compensation may be an ineffective approach that doesn’t yield the best talent and may hurt the company’s bottom line.
As a product development and distributor of consumer goods to retailers around the world, FSG’s core competency is to provide our customers with innovation, continued product development and quality control. Since we are based in Shenzhen China, China’s “Silicon Valley”, we are in fierce competition with premier companies such as Tencent (WeChat), Huawei and BYD for young and mobile talent. There is ample research that shows that good working environments foster positive work cultures that in turn drive productivity. However, sometimes it is difficult to make the leap between research and the real corporate world. I wanted to share with you how our company made the leap to update our offices, studios, labs and showroom, and the initial positive results we are experiencing. My hope is that this will help other companies who are considering investing in improving and optimizing their working environments.
Providing associates with a great working environment can deliver equal or greater results than merely adjusting pay scales. At FSG we combined our focus on driving efficiencies with improving the vibe of the workplace to deliver a clean, attractive and comfortable work environment for our team. In a brief period we are noticing a significant difference in corporate interaction and exhibition of individual and team excellence, productivity and camaraderie. Word of mouth has hit the street that FSG is the place to work and we are seeing the volume of high quality applicants rise. The acquisition and retention of new talent is manifesting itself in innovative designs and product lines, which in turn is beginning to show its way to the P&L. Taking care of your team is always a good business decision. #fsg #fourstargroup #work #business #photooftheday #office