Treating team members and colleagues as human beings who bring their whole self to work is, imho, essential to enabling people to deliver their best work. Understandably, but somewhat irrationally at the same time, companies as they mature tend to put formalized processes over individuals. The reason for this may be to institutionalize knowledge or scale better as the company grows which I do see the point of. An unwanted mid-term impact of this very often is what you describe, thinking of humans as cogs in a machine, thinking of success as an increase productivity KPIs and increase in company valuation. For me, this means to establish a positive culture in new companies/teams/etc. where our own values can align with the team's / company's values.