How can companies effectively balance the need for employee empowerment and engagement with the necessity of meeting business objectives and driving profits?

Companies can effectively balance employee empowerment and engagement with meeting business objectives and driving profits by establishing clear goals and expectations for employees. By providing employees with autonomy and decision-making power within these parameters, they can feel empowered while still working towards business goals. Regular communication, feedback, and recognition of employee contributions can also help maintain engagement and motivation. Additionally, investing in employee development and training can ensure that employees have the necessary skills to drive business success.