The following is a guest piece by Mark Royal.
Leaders already know that keeping their teams motivated, engaged and driven to succeed is a demanding task in itself. But in today’s world it’s even harder, because leaders have to keep their people engaged while responding to huge, disruptive changes in how we work and what we care about in the workplace.
It’s a big challenge, but the first step to overcoming it is knowing what the changes are. In Hay Group’s new book, “Leadership 2030: The Six Megatrends You Need to Understand to Lead Your Company into the Future“, we’ve identified six ‘megatrends’ that are transforming societies and the global business environment as we know it.
The six megatrends leaders must be prepared for:
- Globalization 2.0 – Economic power is shifting from mature Western economies to emerging markets, so we’re seeing more diverse market needs, more collaboration across countries, and global competition for talent
- Environmental Crisis – The world is facing a disruptive combination of climate change and scarce raw materials that brings the perfect storm of challenges for businesses: increasing costs, fluctuating values and concerned stakeholders
- Demographic change – Aging populations are changing the face of the global workforce and exacerbating the war for talent
- Individualism – Growing freedom of choice is eroding loyalty and forcing organizations to respond to individual needs in an increasingly diverse workforce
- Digitization – Work is going remote, and the boundaries between professional and personal lives are blurring, as people increasingly live life online
- Technology convergence – A combination of nano, bio, information and cognitive (NBIC) sciences is set to spur a wave of powerful technological breakthroughs – speeding up the pace of change and creating new product markets
Right now, employee engagement is already a moving target. To take a line from the X Files, “the future is out there.” To successfully keep people engaged and on track to deliver business results, leaders must Click here to continue reading »”Revealing The New Realities Of Employee Engagement”