TotallyMoney.com's CEO: The key to staff happiness is scrapping hierarchy

Workers are 20% more productive if they’re happy, according to a study by Warwick University.

And one way to ensure they’re happy, according to Alastair Douglas, CEO of TotallyMoney.com, is to scrap hierarchy.

He explains to Business Grapevine about why it’s the key to team happiness: “Change is a good thing. And, despite what we're often told, I believe that people do like change.

“I always ask: ‘Is there a better way to do this?’ to challenge the norms.