2019 could be the year of action and strategic change for HR but HR will have to stop thinking of itself as an ‘enabling function’ and pick up the responsibility to act
The year 2019 unlike 2018, is expected to be a year full of anticipation and change. From political uncertainties to the unpredictability of how the political environment will impact the businesses, organizations are taking conscious decisions on investments that will enable growth in the coming year.
In 2013, PWC identified the global mega trends that were predicted to change our world. However, the pace at which the mega trends have impacted the world has been far quicker and larger than what had been predicted. And now, it is apparent that the long-term phenomena of the mega trends are already upon us. Governments, organizations, and societies — all are all struggling with the near term manifestations of these trends and looking for answers. At PwC, we are helping our clients to focus on these challenges using a framework called ADAPT – Asymmetry, disruption, age, populism, and trust – that outlines the five urgent global issues facing the world today and their implications.
The ADAPT framework allows for a way of analyzing and thinking about the complex and difficult to understand issues in a way that enables people to take positive action. If businesses were to take a view of their future in light of these macro changes and define the role of corporations and their people, it is apparent that the degree of unpredictability will only scale to disproportionate levels. Coupled with that, there will be the need to advance decisions with a higher number of variables and diversity whilst balancing a lower degree of trust and support mechanisms.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How Digital Transformation Can Power The Great Reset
Technology has the potential to serve as the key enabler of change between digitalising administrative tasks and fostering human connections
The Crypto Meltdown Of 2022
FTX implosion: A setback, but not the end for the crypto market
Govern Pre-IPO Unicorns to Create Value; Not Valuation
Billion-dollar startups always make the headlines. But is there true value behind those eye-catching valuations? How can proper governance be implemented for these much-hyped companies?
On change and change management
The best way to end the year, especially such a disrupted one as 2022, is by laying the groundwork for the year to come. Michelle Yong, Head of Resourcing at Shell, offers some insights on change management to bring us forward into 2023
The Great Reconnection: A paradigmatic moment for employers and employees
This year has not been a good one for employee retention. The Great Resignation, originally thought to be a US phenomenon, has emerged in Asia now. But is there a way to turn it into the Great Reconnection?
Lessons Managing in leadership: a global hybrid team
What takeaways can we draw from the pandemic? Fatima Koning, Chief Commercial Officer at IWG, shares what the last five years have taught her about managing a global sales team across 120 markets in the hybrid model
Eight HR trends that we saw throughout 2022
As companies manage their workforces in a dynamic era, HR departments have continually adapted and adjusted, and never more than this year as digital acceleration and workplace evolutions came together
One way to turn the tide of employee retention
There's a surprising link between skill development opportunities and job satisfaction. Here are some ways of boosting skilling and thereby talent retention
A key focus for L&D going into 2023 should be business alignment
Venkat Subramaniam of Degreed believes that learning is core to business success and organisations need to invest in the right processes and technologies to adapt to continuous change
WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK
BREAKING FREE FROM THE STEREOTYPES IN THE INSURANCE SECTOR, PAMELA THOMSON-HALL SHARES HER JOURNEY OF BEING A CHAMPION FOR WOMEN AND BRINGING ABOUT A CHANGE IN A MALE-DOMINATED INDUSTRY