1 Minute Summary of
10 shifts making waves across industries
WHY READ THIS
Identify the most important shifts that the organisation needs to adapt to in order to ensure future success.
IN BRIEF
While leadership teams have been used to operating in volatile environments since the pandemic, there are still numerous shifts that need addressing. Here are ten important changes that companies should focus on – and seize opportunities from.
THE TEN SHIFTS
Improving speed and resilience. Achieving this requires structuring for rapid response, empowering your team, and fostering a culture of continuous learning.
Navigating remote and office work. Finding this balance is unique to each organisation. Successful hybrid approaches include policies that help employees understand which activities are best carried out where.
Embracing AI. There is significant potential for applied AI to contribute to better organisations by amplifying talent and improving both resilience and efficiency.
Accepting the new rules of attraction. With many employees now redefining their boundaries between work and home life, leaders need to establish what needs to be done differently to attract and retain top talent.
Bridging capability gaps. Companies need to develop institutional capabilities to achieve competitive advantage in the face of rapid digital evolution.
Balancing talent retention with cost cuts. This balancing act is more challenging than ever in today’s business environment, but success can be achieved by aligning top talent with high-value roles.
Evolving leadership practices. It can be tempting for leaders to stick to old habits, but today’s leaders need to lead themselves, their team, and also lead at scale.
Making progress on Diversity, Equity and Inclusion (DEI). While many organisations are placing more emphasis on DEI initiatives, it’s vital that these result in meaningful progress.
Establishing multiple mental health initiatives. With the rising priority of mental health and wellbeing, organisations need to invest in systemic interventions strategically.
Redefining efficiency. Efficiency is a clear short-term priority, so companies must remove unnecessary interactions while also empowering employees to make more decisions.
THE BOTTOM LINE
Adapting to all ten shifts will be a significant challenge, but companies can start with four steps: set a clear direction and manage expectations, foster the right talent, invest in leadership, and create behaviour change at scale.
