By Anja van den Berg
This decade marks the most radical disruption of the workplace in our lifetimes. The confluence of big data, information transparency and innovative business models compels organisations of every size to change at head-spinning speed.
In the next few years, as artificial intelligence (AI) and cloud computing spread to every corner of every business, the pace of change will only accelerate. Disruption is unsettling industries and redefining value chains.
How organisations respond to technological advances will determine the resilience of their workforce – and the success of their business.
According to a recent report by Mercer titled Thriving in an Age of Disruption,
organisations that will stand out from the crowd over the course of the next decade will be those that put people at the heart of their business. Moreover, companies with agile and purpose-driven cultures are more likely to experience financial success.
The Mercer report suggests four critical priorities that can help companies accelerate their performance and enable them to step successfully into the future of work:
- Craft a future-focused people strategy: Organisations need to approach their people strategy with as much dedication as they do with their innovation and digital strategies. Thriving organisations treat their workforce as an asset in which to invest – not simply a business cost.
- Curate a compelling employee value proposition: People want jobs that work for them. They want tools to manage work and life in a way that is personalised, flexible and unique to their own interests and aspirations.
- Create a flourishing work environment: Individuals thrive when work is challenging and purposeful, when they feel empowered to make decisions and when they are connected to colleagues and experts.
- Cultivate an experimenting mindset: To stay ahead in changing times, cultivate a mindset that encourages experimentation, design thinking, balanced risk-taking and a climate of continuous learning.
The Mercer research shows that a trusting work environment, a feeling of personal accomplishment, faith in senior leadership, clarity around career paths and a strategy that is responsive to external market shifts and societal needs explain 79% of employee confidence in the future in the company they work for.
Human Resources Director:
Inside HR: http://www.insidehr.com.au/prosper-disruption-4-step-action-plan/
HR Future: https://hrfuture.net/articles/future-of-work/trending/how-employees-can-thrive-in-today-s-disruptive-world