The workforce of today needs more! And organizations need to vigorously advertise their strengths, and demonstrate what sets them apart. People Matters showcases the Aon Best Employers List 2017 and divulges the secrets to what makes the enlisted organizations well-positioned in the hearts of their employees
Change is not constant. It is exponential
With businesses getting disrupted at an unprecedented rate along with the challenges posed by an intergenerational workforce, organizations all over the world are trying to keep up with the momentum of the technological evolution in all aspects of the business and workplace.
Fast Change, Fast Growth – Demands of the future
It is not technology alone that is impacting the business world, government regulations, global economic and geo-political influences are also constantly changing. Demonetization and introduction of GST have kept our Indian CEOs as much on their toes.
Despite the mix of constant changes, 95 percent of the CEOs participating in the Aon Best Employers 2017 study revealed that their organizations were on a fast/ steady growth trajectory. No wonder, almost 50 percent of the CEOs listed Product/ Service Innovation as their primary focus area for meeting business goals. And more than 40 percent stated that Government regulations and Operational efficiency as the key challenges impeding their organization’s ability to succeed.
A close view on employees’ perception of leadership presents a revealing insight.
Senior leaders continue to make good decisions and the same is recognized by the employees. However, in the era of constant change, are the leaders inspiring employees enough?
Interestingly, organizations across the board have focused on the tangible and de-prioritized the inspirational. None of the participant organizations are investing discrete time and money into building “story-telling” capabilities with its leaders. Isn’t it counter-intuitive to not focus on such skills in times of managing such fast change and fast growth?
Is HR supporting growth through product/service innovation?
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