Their findings indicate the world is upside down. Things like qualified human talent, which seemed to be abundant in years past is now scarce, and information which used to be elusive is now readily available and everywhere. No wonder businesses are looking for "new models" for addressing these significant changes. What do these increasing inverted trends and influence of world events have to do with the way we lead our organizations? Here are a few key findings from their research. You can read the entire report here.
Organizations Need to be Strategic About
Emerging Markets – Not just in the neighborhood, but around the world
Impacts of Globalization – Not just in business but politics, economics and social issues
Sustaining Talent – Workforce planning, recruiting, stretching, engaging and retaining
Technology – Embrace advancements for "better mousetraps" as well as resource savings
Sustainability – Do what’s right for social, economic and environmental impacts
Data Management – Lots of data everywhere; be ready to manage it and comply with privacy regulations
Organizational Structures and Systems Need to Address
Proper Workload Balancing – Full-time, part-time, contractor, outsourced, robotics (Yes! Robots!)
Fluid Workforce Management – Grounded in proactive, innovative and flexible systems
Collaboration – Embrace horizontal work models to leverage talent and development opportunities
"Glocal" Mindset – Operate with local conscious within a structure of dispersed locations
Alliances – Partner with government and training institutions to advance curriculum and skill sets
With these shifts in organizational focus, leaders of the future will need to update their competencies to include:
- Demonstrating Adaptability – The report re-emphasizes what we’ve been saying for the past several years. Everyone, especially leaders, needs to be adaptive to the fast pace of change and the ambiguity that this speed brings. Individuals with a preference for lots of details and methodically dotting of all the "I’s" and crossing all the "T’s" may find themselves frustrated and stressed if they can’t transition their styles to accommodate the needs for faster business decision making.
- Managing and Analyzing Data – So much data is readily available; getting comfortable with the balance of how much is enough, and what to do with what you have will be critical.
- Thinking Strategically about Sustainability – Employees, candidates, vendors, customers, all organizational stakeholders are raising expectations for how "responsible" a business should be when it comes to social, economic and environmental issues. Incorporating an element of sustainability into your decision-making model is a must.
- Collaborating – Leaders will need to not only build teams internally to collaborate on innovation, but they also must have the attitude, communication and presentation skills to motivate all types of partners to work together. Leaders with a command-and-control style will be well served to work with a coach on shifting to a style that incorporates partnerships and alliances.
- Innovating and Creating – The workplace of the future needs to be built on a culture that encourages and rewards "dreaming," "playing," and occasional failures. Organizations will need to keep reinventing themselves if they are to survive – maintaining a competitive edge will be impossible without fostering new ideas.
- Mentoring – Leaders can best pass on knowledge and experiences through stories. They’ll need to connect with their leadership development programs and invest in spending time with future leaders. In addition to the capacity to mentor and coach, organizations will be well served by establishing executive coaching programs in conjunction with a leadership development curriculum, in order to nurture the professional and business development capabilities of talent in the leadership pipeline.
- Workforce Planning - More than ever, organizational leaders need to be aware of the competencies required for the future and lead efforts to develop internal talent with those skills, as well as create a pipeline (internal and external) for attracting and retaining those talents. The old cliché "organizations are only as good as their people" was never so appropriate.
- Leveraging Technology – Leaders may not have to know how all the bells and whistles work, but they do need to be able to envision how technological changes can be utilized to improve competitive advantage, save time and money, and respond to the sophistication of their customers.
- Embracing Differences – Leaders set the tone in their organizations for cultural norms and philosophies. As the workplace expands, employee expectations, traditions, religions, ages, gender identity, etc. will continue to diversify. Global leaders will need to demonstrate their commitment and dedication to respecting all kinds of differences in the workplace and weave that value into everyday expectations and practices.
- Managing Time and Stress – Since the world isn’t going to slow down, leaders need to become experts at managing time and stress. Competencies such as delegation and practices such as meditation or exercise programs promoting wellness should be encouraged to help leaders sustain their energies and capacities for the speed of business.
It’s exciting to peek into the future. The ManpowerGroup’s report offers this view by linking events around the world that impact, and will continue to influence, what happens at our business locations. From a holistic, global vantage point we can already see that individuals who have the capacity to lead others utilizing the competencies noted above will be highly sought after. In order to retain this talent, organizations will need to review and modify their practices to ensure the appropriate level of support, empowerment, and challenges are available for them
Getting your arms around the kinds of change that are on the horizon may best be accomplished by collaborating with external change experts who have an unbiased perception and the expertise to guide the exploration process to determine what is necessary to move from the current organization to the organization of the future. From a neutral position, they can assist leaders with the articulation of the future design of the structure and development and implementation of change initiatives to align the culture, practices and expectations with future success.
I know I’m starting to sound like a broken record: "Organizations cannot rely on the practices of the past to be successful in the future. Design is a signal of intention." But it’s true. It’s all going to be about change – time to get comfortable with it, in order to survive.
As always, I welcome your comments to my posting. Please click below to share your thoughts. If you found this article interesting and helpful, I’m very happy for you to pass it along to others. Have a great week.
This article was written by Deborah A. King, SPHR, CEO and Sr. Organizational Effectiveness Consultant with Evolution Management, Inc. Debbie and her team are energized about changing times and can help your organization navigate the individual, team and organizational journeys to the future. Contact us for more information; www.evolutionmgt.com or 770.587.9032.
No comments:
Post a Comment