"As remote working, social distancing and workplace transformation continue, companies are starting to look at broader organizational issues regarding digitalization, the future of work, culture and business strategy.
So what is the impact of organizational culture on common employee behaviors and how work gets done when there are fewer collective in-person experiences?"
The pandemic has accelerated trends as nothing else could. We are experiencing a dramatic, systemic, and permanent change in many areas of life, particularly in our workforce. Chris Swan peers into the future to explore what we might expect:
- The sweeping change of in-office employment
- Impact on immigration and education
- Leaders the future demands
- The future is brighter than you think
"The Future of Jobs report maps the jobs and skills of the future, tracking the pace of change. It aims to shed light on the pandemic-related disruptions in 2020, contextualized within a longer history of economic cycles and the expected outlook for technology adoption, jobs and skills in the next five years."
Globally we have learned so much about adapting to a new way of working. Who had MS Teams loaded on all their devises before we locked down? Who had Zoom as a most used app?
Our flexibility in doing business has tested our creativity and our ability to find solutions.
Have work boundaries blurred during the pandemic? Is this causing burnout? Is it time to discuss the new etiquette around availability and working hours?
"The devastating labour-market impact of the pandemic and the need for governments to step in and provide extensive support have made it clear that a financially incentivized business model driven by short-term wins no longer works; public and media focus on how companies manage their human capital resources is intensifying."
This report from the World Economic Forum seeks to provide a human capital accounting framework that values talent as a key asset to contribute to an organisation's sustained value creation.
"Successful organisations are powered by the diverse opinions, skill sets and life experiences of their employees. To tap into the full potential of human diversity, organisations need to hire diverse talent and create an inclusive working culture underpinned by a fundamental sense of belonging, fairness and equity, enabling people to bring their 'full self' to work."
"The guiding principles and the four workforce management imperatives outlined in this document are a preliminary response to the unfolding crisis. They are intended to serve as a tool for Chief Human Resources Officers (CHROs) and other business leaders."
There is little doubt that we are seeing a dramatic shift in the way we work. The 2020 Global Talent Trends Study examines how leading companies balance cost and care to win in an evolving and unpredictable world.
"We need more sophisticated ways to envision possible scenarios in preparing for the skills of tomorrow. We know less about technologies than we think."
So, what is to be done?
"There are efforts underway to reimagine education, training, and hiring in ways that will put career skills front and center… This shift could open jobs to a wider range of workers, but opportunity seekers will have to be able to develop, demonstrate, and clearly articulate skills."
Organisations are facing a complex mix of talent management challenges in a world marked by talent shortage and digital transformation. The following research and analysis presents a set of key skills development tactics to help close the skills gaps.
While there is a lot of focus in the recruitment world on the "war for talent," it is also critical to give current employees the skills and knowledge they need to be successful and drive their employers' businesses forward.