Humans are by nature curious creatures –and it’s no different when it comes to work environments. In fact, the competitive environment of business means the opportunity to know what is happening with your competitors, in your industry and in business in general is hard to resist.
The OIGP Future of Work Study provides unprecedented insights into the management of thousands of businesses worldwide, thanks to the yearly survey carried out by HR and General Management roles in a range of industries across the globe.
This information allows you to see how you stack up against others –and helps you determine how to improve on things like talent acquisition, training and engagement.
your work environment and priorities have changed –and how you’ve invested in your talent over the last year to create positive change.
Future of Work 2018 –what did we learn?
Change is a challenge
Across the board, attracting and hiring new talent was a struggle in 2018. But it was closely followed by adapting to change. Regardless of your industry, many workplaces are being affected by an increase and frequency of change and disruption. Internal teams often find change difficult to manage and approach it blindly, which demonstrates a potential to focus on this as a point of improvement.
The top five challenges also included retaining talent and employee engagement, which go hand in hand –lose one, and you’ll lose the other.
The power of people persons
We’ve spoken about the challenge of attracting talent –but for you, what does ‘talent’ look like? 2018 survey results show that far more than anything else, businesses are looking for leadership agility and the ability to coordinate with others. People-based skills are becoming more and more desirable as historically important technical skills can now be more easily accomplished through technological advancements.
The popularity of these skills can also be attributed back to the culture of change, and the need for employees to be able to adapt to it.
Traditional development still reigns
The more things change, the more they stay the same. While in some areas we see traditional preferences subsiding, within employee development, traditional methods still reign supreme.
In 2018 internal leadership development programs were still the most favoured way to develop the talent of employees.
However, a growing favour towards adopting coaching as a development tactic has continued to grow steadily over the last few years –hinting at a change in approach for many businesses.
What will 2019 bring?
It’s not simple to say –while there have been few dramatic shifts over the last few years, the top priorities often change position and hint at new trends each year.
While we’ll have to wait another month to see the results, we have a few predictions:
- Change management will continue to be both a priority and a struggle, and businesses will start looking for a new way to manage it
- Engaging professional, external assistance to adapt to change will be explored further
- Coaching will continue to become a more valued and popular form of employee development.
If you’re interested in re-examining the 2018 report in full details, you can find it here.
If you want to know how your experiences compare and learn more those in your industry, you still have time to take part in this year’s survey.
Once the report is complete, you’ll be able to access a copy to help you determine how best to attract, retain and manage your talent for 2020.
If you would like more information on The Future of Work, or if you have any questions, please feel free to contact Choice Career Services by clicking here. If you feel your organisation would benefit from a direct consultation with us, you can reach me on +61 3 9326 4884.