relatedness

Increased trust and relatability

Coaching effectiveness is influenced by a variety of factors, and research suggests that racial and cultural alignment can significantly enhance engagement, trust, and overall outcomes. A 2020 study published in the Journal of Business and Psychology found that employees are more likely to trust and actively engage with mentors and leaders who share similar racial or ethnic backgrounds. This shared experience fosters deeper connections and strengthens the coaching relationship. Similarly, the International Coaching Federation (ICF) underscores the importance of cultural competence, emphasising that coaches who understand and reflect their clients’ backgrounds are better equipped to tailor their approach to meet specific needs.


A wonderful checklist

I think that there are limitations in the current metrics when capturing certain human values and experiences as the below five things we don’t have metrics for, and humans really care about:

  • Status

  • Certainly

  • Autonomy

  • Relatedness

  • Fairness

Each of these elements can have a different impact depending on the context. They all hold significant importance in human lives and don’t feature in traditional economic models or market research. Which ones do you think are a threat, and which ones will you reward?
I think by understanding and incorporating these dimensions into assessments and policies could be crucial for creating more holistic models that reflect human experiences more accurately.


Human concerns before money

c/o Forbes

Before money was invented, humans were concerned with the following five things:

  1. Status
    Humans have always been concerned with their social status and their place in society. This includes their reputation, position, and influence in their community.

  2. Certainty
    Humans have always had a need for certainty and predictability in their lives. This includes a sense of security, stability, and the ability to plan for the future.

  3. Autonomy
    Humans have a need for autonomy and the ability to control their own lives. This includes the freedom to make their own decisions and the ability to pursue their own goals and interests.

  4. Relatedness
    Humans have a need for social connection and the ability to form relationships with others. This includes a sense of belonging and the ability to establish meaningful connections with family, friends, and community members.

  5. Fairness
    Humans have always been concerned with fairness and justice. This includes a sense of equality and the ability to receive a fair share of resources and opportunities.

I think although money has become an important aspect of our lives, these fundamental concerns continue to be important to us as humans.