Evolving Strategies

Companies need to adapt to changing times for a strong workforce 

- Devashish Sharma

Force = mass x acceleration. Don’t worry. You have not stumbled upon a page from a physics journal. But a few days ago, when I was discussing something with my son around the applications of this formula, it struck me that while we have known this forever—a strong force doesn’t just need more mass, but more acceleration too. When it comes to our workforce, we often assume that those ancient HR policies, tenure-based growth and learning mechanisms of our beloved hierarchical systems will help us have a strong workforce. We forget that while the basics need to be in place, some things need to change for the workforce to grow—not in numbers, but in value and impact.

The shift in our workforce’s preferences, from Gen X to Gen Z, reiterates this thought. In the past few years, their evolving preferences have highlighted a dynamic mindset that refuses to conform to the age-old definition of an employee-employer relationship.