Business stalwart Norman Aquilina has taken to social media to express his thoughts on how to measure the success of a business. At times, companies tend to turn to their financial statements for such answers, however, according to Mr Aquilina, one needs to shift perspective.
“Measuring company success is not simply about financials,” he asserts. “Indeed, success starts with having the right workforce, ensuring they are recognised, appreciated and rewarded when delivering the desired results,” Mr Aquilina writes.
The Group Chief Executive wrote these comments in relation to #CauseforApplause employee awards night which took place on Friday 9th September. During this event Farsons celebrated their employees and presented various awards and recognitions in different fields, such as wellness and quality, among others.
In his post, Mr Aquilina goes on to explain how, when a company has its priorities in order, financial success will follow. He emphasizes the importance of having a motivated and engaged workforce by saying that “the correct chronological order for strong financial results starts from a highly motivated workforce.”
“The financial results remain a consequence and that is what distinguishes a truly successful company from the many,” he concludes.
BOV announces new Chief Risk Officer and Chief People & Culture Officer
'We have taken these steps with our long-term strategy and stakeholders’ trust in mind,' BOV CEO says.
‘Private credit steps in when banks step back’: Apollo executive Jonathan Orr
He highlights how alternative lenders are increasingly filling financing gaps left by traditional banks, particularly during periods of market volatility.
Ras Al Khaimah is natural partner for db Group projects – Robert Debono
db Group’s family office SDH Capital opened a new office in Ras Al Khaimah.
‘AI doesn’t reduce bias, it scales it’ – Gege Gatt
The EBO.ai CEO said that the real opportunity in workplace artificial intelligence is not automation, but augmentation.
