Industrial-organizational psychology: Efficiency through analysis
Using psychological analysis in work settings can help companies get to the heart of many in-office issues. The employees are the essence of a business, meaning that there is significant value in the regimented study of their emotional well-being.
Business News Daily explained that this psychological sub-discipline has received a formal name: industrial-organizational (I/O) psychology. (Aug.21, Bowers) It's really two fields in one, with the industrial and organizational sides of the divide serving different needs within companies.
Industrial psychology is designed to get specific. Psychologists advise leaders on which types of employees to fire, how best to train them and what internal policies will maximize productivity. These are matters of company culture, finding a business' ideal form and designing a workforce that will help it reach its goals.
Organizational psychology aims at making sweeping changes that will improve businesses' overall performance in areas such as strategy and teamwork. Instead of pointing to singular traits that define good employees, organizational psychologists suggest programs that will lessen stress and improve work-life balance across the firm.
With company culture more vital than ever, psychology is one way to add some scientific rigor to the study of business dynamics. That said, such studies should be carried out by professionals to ensure they are being accurately interpreted and responsibly implemented.
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