April 21, 2025

#132 - What Does It Take To Build a Good Business with Anant Nyshadham

53 minutes

For years, many companies have viewed worker wellbeing as an expense, but what if this mindset is holding them back from true success? According to Anant Nyshadham, Co-Founder and Chief Strategy Officer at Good Business Lab (GBL) and Associate Professor at the University of Michigan, building a good business is more than just the profits - it's about creating meaningful change for both workers and companies.

Anant Nyshadham has spent his career proving that this vision isn't just possible, but crucial. His groundbreaking research is challenging long-held beliefs that worker well-being is merely a cost, and instead, he's demonstrating how it's a key driver of business success.

On this episode of The Workplace Communication Podcast, we're talking with Anant about how businesses can go beyond profits and actively invest in the wellbeing of their workers. Drawing from his extensive research, Anant delves into projects like soft skills training, worker voice technologies, and organizational policies that have driven better productivity and workplace dynamics. Join us as we learn how small changes in workplace practices can lead to big returns for both workers and businesses.

Leadership tips you won't want to miss:

🎙️ Reframing worker well-being as an investment rather than a cost

🎙️ Implementing soft skills training to enhance worker engagement

🎙️ Promoting organizational policies and structures that foster equity and opportunity for frontline workers

🎙️ Encouraging cross-sector collaboration to boost business productivity and workers' lives

🎙 Addressing cultural, gender, and hierarchical barriers to foster better communication and collaboration

Anant Nyshadham is the Co-Founder and Chief Strategy Officer at Good Business Lab (GBL), a nonprofit labor innovation lab that focuses on improving the lives of low-income workers, by using rigorous research to help businesses align their interests with workers' wellbeing. Anant is also an Associate Professor (with tenure) in the Business Economics and Public Policy Area of the Ross School of Business at the University of Michigan.

If you're looking to build a business that's not just good but also transformative, then this episode is for you!

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🎧 Listen to the episode here: https://lindsaylapaquette.com/podcast/

For a full written transcript of the episode, please see the show notes at the link above.

Anant Nyshadham's contact information:

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Lindsay's contact information:

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