The 4 Essential Pillars You Need for Your Future Workforce

May 13, 2014 4:01 pm

The Impact of Change

Uncertainty in the economy has led to a number of changes over the last decade. Volatility and sheer chaos have been associated with huge and small businesses alike. Examples of change have come from supplier’s prices being too high or from internal frictions between employees and their job security. Many businesses have undergone restricting changes which were needed for their business to survive, thus leading to changes in leadership, strategy, and more.  The impact of change has created businesses more reactive than proactive, leading to bad decision-making which causes ripple effects across the business, hurting employees in more ways than one.

For businesses to overcome this in the future they will have to introduce new measures to keep employees engaged, even in times of uncertainty.  Think about some of the following:

  • Offer flexible working arrangements
  • Increase internal communication from leadership
  • Long term planning and strategy for employees to see and understand

The Leadership Imperative

Taking control of your businesses leadership will determine the growth and success of your business in the future. Strong leadership is critical for navigating through tough times. Add to this good management skills and your business will be able to survive and profit from the times ahead.

Many business leaders are younger now than their predecessors. This is something older generation may find hard to deal with. For businesses to overcome this in the future they will have to introduce new measures to keep employees motivated, even in times of drastic change.  Consider the following:

  • Succession programmes for younger leaders
  • Clear map of how the company is going to progress in the next five years
  • Prioritise leadership development – develop high potential individuals

Resilience

Employee engagement is decreasing and there’s an increase in worker fatigue. Resilience is a way to overcome all of this. It will become a highly valuable skill over the next couple of years, especially with external factors playing a part in your employee’s performance. Businesses are trying to be productive on a shoestring to stay afloat, and the damage of this negativity from economic conditions is playing on your employees’ minds. We are living an extremely pressurised environment dependable on results; those employees who crumble under pressure will be responsible for the downfall of your business.

For businesses to overcome they should introduce new measures to keep employees resilient and more productive in a highly pressurised environment.  This could include:

  • Focus on your recruitment process to incorporate resilience – be open and honest about change
  • Plan ahead and keep your employees in the loop at all times
  • Create a programme for  employee incentives and rewards

Strategic Workforce Planning

The ‘war for talent’ is becoming increasingly competitive and rewarding; those who miss out on the best talent are missing out on the best profits. Resource planning increases your employees’ workflow, leading to higher productivity rates. Short term planning weekly, monthly, and even quarterly leads to crisis after crisis, this should be avoided. When a business is at full speed it can be easy the easy option.

Consider introducing new processes and procedures to increase employees’ productivity, even if there’s more work than previously:

  • Retain your best talent through the incentive and rewards programmes
  • Overhaul processes that are not adapted to new ways of working and technology
  • Analyse your business and its capabilities and work on the weak areas
  • What measures and programmes are you putting in place to deliver leadership, resilience and planning in your workplace?

 

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