In today’s business world, many companies are discovering that it takes a lot of ingenuity to attain and maintain success. Additionally, the achievements made are measured much more complexly than by profitability alone. Although, how lucrative a company becomes is important, it is usually accomplished through a means. Therefore, recruitment of highly qualified individuals is paramount to a company’s success. Traditionally, the procurement of this level of talent was achieved through competitive salaries. However, as time has evolved so, has the standards of the present generation. This paper will provide an example of how one company has focused on improvement to quality of work and life, in order to grow profits and drive motivation.
New
…show more content…
Does value placed on the conditions of work and life improve the outcome for productivity and profitability? Contested, Datadog sits amongst several other companies, which provide a similar service to users looking to simplify enormous amounts of data to meet their business goals. In fact, the data solutions sector of this industry is growing at such a dynamic pace, that the supply and demand for manpower is integral to its growth and prosperity (Barjain, 2016, Data centers). Hence, Datadog has grown through this progression to become a viable leader in the technology industry. The CEO for Datadog, Oliver Pomel, highlights that the company in 2016 had generated revenues in the amount of $125.5 million, tripling the amount produced in 2015, and announced that investors allocated a generous $94.5 million to fund further endeavors (Miller, 2016) Consequently, Datadog finds itself needing to be creative and innovative, both in regards to business and management. These traits are necessary for improvement especially, in order to anticipate developments of dynamic markets and building on product quality and fulfilment (Nahavandi et al, 2014, Managing Innovation). Because, Datadog effectively approached and developed a trustworthy and engaging environment, focused on “creature comforts” and work orientated gratification. The effortlessness conjuring of creativity and innovation from its workforce can emerge. This is truly the brilliance behind Datadog’s production and profit, as various disciplines of technology fuse together to communicate and develop further achieving customers’ needs and the company’s bottom