In the world of business, respect is important for maintaining a pleasant work environment and maximizing worker productivity levels to reach company goals. Respect can foster good relationships between employees at the same level, and can strengthen bonds between managers and those in subordinate positions as well.
Respect, as with many human characteristics, requires a bit of effort by all involved to be successful. Respect in the workplace can be generated by several different means, which are achieved through open communication. Authenticity is one component of respect, as is allowing others to receive full credit for their thoughts and ideas, otherwise called ownership. Managers can generate respect by creating a positive environment and be willing to make personal sacrifices to benefit the company.