Talent shortfalls, digital innovations, and proof of remote work’s efficacy have exposed a discomfiting reality: businesses, by and large, are relying on obsolete models and outdated ways of working.
The pandemic has accelerated the change that was already reshaping the workplace, including digitization, remote working, distributed workforces, asynchronous and virtual collaboration, and reskilling and upskilling. In this environment, companies are fighting multiple battles: to attract and retain talent, keep up with the ever-accelerating pace of change, and meet customers’ needs.
Companies must keep the momentum going - there is an opportunity now to boldly design a future of work that’s based on what the work requires and what talent needs.
Work will never be the same. A June 2021 study from Future Forum, assessed more than 10,000 knowledge workers in six countries and found that 93% want a flexible schedule, 76% want flexibility in where they work from, and 56% are open to a job change.
As leaders navigate the future of work, they must balance two fundamental goals: