The 10th Yale Philanthropy Conference, held at Yale SOM’s Edward P. Evans Hall on February 13, focused on what the student organizers called a “virtuous cycle” for philanthropic organizations: reflection on past efforts, leading to innovation and then to an impact on the world—which, in turn, prompts another round of reflection.
“Happy employees are productive employees.” Sounds like a phrase from a cheesy motivational poster, right? And yes, studies have shown this to be true in a general sense. But how about the hard numbers? Can employee engagement really translate to higher sales figures?
The placebo effect has always been a bit of a mystery to science. Give patients a pill filled with sugar or in an injection of saline but tell them it's medicine, and a percentage of them will report feeling better.