The world of work is changing. Artificial intelligence and automation will make this shift as significant as the mechanization in prior generations of agriculture and manufacturing. While some jobs will be lost, and many others created, many things will change and need adaption. Uncertainty is not only part of challenging times, but part of our daily life. Therefore, organizations face numerous uncertainties of varying consequence in everyday business. The Covid-19 crisis accelerated existing trends and caused organizations to reevaluate many aspects of work. This regularly updated collection of articles draws together our latest perspectives on the future of work, workforce, and workplace.
Work has changed and so must leaders. As the Covid-19 pandemic ebbs and flows, its impact on the working world appears permanent. Our research suggests that expectations around in-office work have changed. While 99 percent of executives expected employees to spend more than 80 percent of their time in the physical office before Covid-19, that perspective is now shared by a mere 10 percent. Simultaneously, according to a April 2021 survey of McKinsey found that 29 percent of employees would consider switching employers if their company went back to a fully on-site model. For this year’s Darwin’s Circle, we want to focus on the best lessons to be learned from ongoing crisis and on strategies helping us to manage and deliver value amid uncertainty.
In the future of work, leaders face an atmosphere of ambiguity while managing in a hybrid environment. They have limited visibility into workloads and processes. They have fewer opportunities for impromptu two-way conversations. They fight the feeling of losing control as they track progress toward goals. They struggle to recreate the cohesiveness, collaboration, and comradery of the office as they encourage the freedom and flexibility of remote work. As a result, their leadership effectiveness is at risk. Leaders must learn to effectively manage in a hybrid environment, and successful companies are taking action. So which factors are highly relevant to face the future according to a hybrid world of working?
Managing performance through outcomes, impact, ownership and insecurities
To remain competitive in today’s environment, companies need reliable and secure resources for hybrid working such as the following:
1. Space: In order for everyone to be able to work in a self-determined and flexible manner under optimal conditions in the future, we need to fundamentally redesign work processes and spaces. The focus is on the modern workplace.
2. Culture: The hybrid working world requires a culture of trust and flexibility. Companies that focus on the needs of their employees successfully increase productivity.
3. Digital competence: The digital qualification of employees is essential for the transformation of the working world. With Microsoft Teams and Microsoft Viva, learning is becoming a natural part of the working world.
4. Inclusion: Employees have different views and skills. A hybrid working environment promotes diversity and thus creates the basis for joint success.
Employee values have changed, and at the same time, managers need to design the office to make the commute worthwhile.
With regard to the digital conference DARWIN’S CIRCLE at 3rd of November 2022 at Palais Ferstel in the 1st district of Vienna we take great pride in the harmonious mix of attendees and speakers. Access to our events is on an invite-only basis, ans is limited to top-managers. We will discuss the most relevant topics of our time such as Artificial Intelligence (AI), the future of mobility, digital transformation, FinTech and new media next to socio-economic topics like the future of work, digital responsibility, sustainability and leadership.
The world’s most innovative companies
Join the companies that are changing and shaping our future, and exchange insights with Alibaba, Amazon, Google, IBM Watson, Facebook and other thought leaders of our time.
Be part of it! LIVE 3rd of November 2022
A palace in Vienna in the unique Venetian-Florentine Trecento style. With magnificent rooms, magnificent chandeliers and a magnificent arcaded courtyard. An Italian palazzo – a perfect event location in the middle of Vienna in the 1st district on the Freyung.