Trends come and go. With the start of 2020, like clockwork, it’s time to adopt some new trends once again.
Industries are changing with the changing workplace demographics. The Gen X generation and beyond is expected to amount to 36% of the workforce this year (The 2020 workplace theory). This fact alone promises plenty of changes in and transformation of workplace practices.
What is to be expected?
To begin with, you can easily expect to accommodate a more diverse staff. We are talking about five generations of employees working under the same roof. Newer generations live online. And it may or may not be a problem for the boomers. Organizations need flexibility today more than ever before. Or it could go south within seconds.
Globalization has been around for years, but it has never been as dynamic as it is today. The growing popularity of virtual workplaces demands attention as well. There are more fluid shifts and flows of talent today. Organizations must embrace them to continue to thrive.
It’s been a few years since companies started being open to a more culturally diverse work structure. And it continues to be a key aspect in achieving success. However, not many could radically assimilate it into their system. Organizations need to rethink how they approach, deploy, train, and retain their people.
Trends: Go Big or Go Home.
1. Effective Team Building
Strong teams can turn a business into an empire. It’s all about how the companies choose to exploit their resources, human resources included.
The present teams are different from the past. People in their twenties are leading people who are in their fifties. Employees prefer working from home overcoming to the office at 9 in the morning every day.
Another concern is whether the money invested in various team-building activities has tangible returns.
Customized activities that not only offer fun and engagement but also focus on certain aspects of the business. Making the most of technology in being inclusive of even the remote employees is a great way to start building transparent and stronger teams.
2. Train and Develop
Many organizations prefer keeping these team development or leadership sessions short. They’d rather have their employees work than waste their time on these activities. But what they forget is that there is no shortcut to success.
Training an employee is the smallest investment you can make with a guaranteed big return. It has two outcomes: your employee acquired the skills you need, and he/she got the motivation to do better.
Conducting regular sessions allows your employees to always stay at the top of their game. And since they can learn new skills in their workplace, they get a 2-in-1 deal of working and learning. The convenience encourages them to make the most of the opportunity. Hence, bringing more significant returns to the company.
Developing a transparent work environment has become crucial with the recent increase in virtual workplaces. Clear communication helps strengthen the team bond and allows the workers to work in harmony.
Multiple factors decide how the market behaves or changes. And consumer demands are on the top of the list.
A fixed mindset or static infrastructure could be fatal to a business. Organizations need a genuine interest in the needs and demands of the end-users.Open mind and approaching work as a team instead of an individual can help organizations surf the current wave of change.
There is a shift in management. Focus is turned to coaching and innovation consulting. Many companies are already using strategic talent development and focus consulting.
Change management consulting is another area that can help companies have a smoother transition into the 2020 market. However, they should also continue thinking about how they will steer through remote employment, social media, and digital transformation.
In a Nutshell
Every year brings new trends and work styles to light. And companies must imbue them with flexibility and open-mindedness. Innovation consulting is also the way to go, if you need more ideas and practical advice on how you can further leverage your business.