How To Navigate The New Game of Work: Businesses and Talent Beware
Have you heard of the phrase the Now of Work or the Future of Work? If yes, have you considered what that means and how it might affect you and your life career and business?
Well, the reality is that most are so hunker down navigating life that they would care less what these phrases mean or point to, and understandably so.
After all, who among us have the time to track all the latest business and industries trends? With the unrelenting pandemic and carnage it has brought, don’t we have enough already?
I hear you, and I’m right there with you. However, the reality is that whether you know it or not, these two phrases will impact your life tremendously. Starting with your next hire, you may be aware that already there is talent shortage and many businesses report that they cannot seem to find qualified reliable talents.
Talent Shortages
“Most employers are working to build new kinds of flexibility into roles that were previously seen as inflexible; 36% of employers said they plan to incorporate flexible start and finish times, and 31% plan on offering a mix of remote working and workplace-based working.” –Manpowergroup.com
As a result, these shortages will in some cases affect your bottom line and competitiveness that my cause a negative multiplier affects to your profitability. In a word, the Now of Work or the Future of Work represents shift and changes that will transform the world in post-pandemic epoch.
Today’s we live in a new world different from where we were 24 months ago. The global pandemic left nothing unturned, and has introduced new approaches to the way we see each other and live our lives.
Globalization has not only afforded us competitive pricing, better profit margins and access to diverse talent across the global; it has also brought about rapid change that requires adaptability and agility from all.
In addition, the almost two years old pandemic has added another layer of complexities that adds insult to injuries when it comes to living and the quality of life. As such, many are battling all kind of health challenges yet are still expected to remain sound mentally to perform at work.
Fortunately, whether you are in the business owning side or are in the talent side of the equation, be ware that our approach to business has changed, and management behaviors and styles effective decades ago no longer work in today’s era.
For example, Microsoft CEO, Satya Nadella in his Book Hit Refresh, adaptive challenges require a mindset shit, from being “know it alls’ to becoming learning it alls.
Thus, those who embrace a culture of learning and open to implement what they learn are the ones who will leverage the challenges and the opportunity they present.
As leaders look to navigate these challenges and create an environment, the following approach are said to be critical in guiding how organizations lead for sustainable growth and profits.
Below is a clear demonstration some of the shift that organizations are undertaking to ensure the right mindset that fosters the right culture for growth and success.
THE PAST My Paycheck My Satisfaction My Boss My Annual Review My Weaknesses My Job |
THE FUTURE My Purpose My Development My Coach My Ongoing Conversations My Strengths My Life
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Source: Gallup.com
As a leader or business owner, it’s your responsibility to lead this change management. How well you do this will determine whether your business can navigate today’s challenges while at the same time leveraging the opportunities lurking.
To help lead your business through these high stakes, you will need to ensure you are grounded on what matters and that your and your team are clear on what that looks like. Essentially, you will need to upgrade your awareness and leadership skills continuously to best lead the charge of the ending disruptions.
If you would like to know how to mitigate some of the costs associated with all these disruptions, and or ate this leverage the same for growth reach out to carolyne@vpfstrategies.com or schedule a 30 minutes complimentary session by clicking here
Carolyne helps business owners, founders and leaders gain clarity in building better brands for best results—increase productivity, performance and profits.
