13th August 2019
As someone who is currently learning how to drive, I have realised how important and sometimes difficult it is, to effectively navigate through a constantly changing environment. I believe this ability can also be applied to the workplace.
Technology, our workplaces and workforces are changing, and the factors driving these changes are accelerating. Similar to when two lanes must merge into one, old ways of working are coming to an end and organisations must move into new ways of working in order to be successful. Those who move first will become experts at optimizing the use of technology and understanding their people, leaving slow movers behind.
Here’s what you might expect to see in the future and some tips on how to make sure you’re in the right lane.
Technology and artificial intelligence (AI) are increasing. A survey by World Economic showed that people expect AI to be part of company boards of directors by 2026. However, only 17% of global executives report that they are ready to manage a workforce with people, robots, and AI working side by side (Global Human Capital Trends survey). The future of successful work will be about blending automation and people in workforce design. For example, using technology to increase revenue per employee and developing workforce technical and interpersonal skills. Research by Deloitte in the UK found that the future workforce will require a “balance of technical skills and more general purpose skills such as problem solving skills, creativity, social skills, and emotional intelligence.”.
In an increasingly knowledge-based economy, employees will have unprecedented power. “They will increasingly disregard today’s notions of hierarchy, will expect to be treated as a valuable asset to be invested in, and will require the opportunity to solve problems autonomously…They will also be less loyal; if they aren’t learning, they are leaving” says Brandon Atkinson, chief people officer at AppNexus, a cloud-based platform for programmatic online advertising.
In order to manage these changes, it is important that organisations align their skillset to keep pace. Future leaders are likely to require skills in personalisation, flexibility and agility. Leadership capability will become more complex and the importance of understanding emotional intelligence, personality and VUCA (volatility, uncertainty, complexity and ambiguity) will increase. Successful organisations will be able to effectively adapt to change, understand and evaluate employee developmental needs, predict how employees will respond to change, develop a coaching culture and build resilience and capability (to name a few).
Here are some quick tips to help you adapt effectively to upcoming changes in the workplace:
If you’re interested to learn more about how you can make the most of your organisational potential, get in touch via email email@example.com or give us a call 01625 526979.