Culture has emerged as one of the highly prioritized factors among job seekers globally. A recent study conducted by Randstad has found that as many as 41% of Singaporeans would rather be unemployed than feel unhappy in a job and more than half (52%) would quit if their jobs prevented them from enjoying life.
This finding, and others like it from around the world, clearly depict that going forward into the future of work, leaders will need to be extra cautious about offering the right kind of culture to retain the key talent in the workforce, and efforts have to be made by both internal and external stakeholders to succeed in doing so.
To discuss how such factors are going to affect the investments and planning of the future of work, People Matters chatted with Indraneel Kumar Das, Head of L&D at Byjus Tuition Centre. Here are some excerpts from the conversation.
A recent study conducted by Deloitte states that 80% of the respondents believe it is important for external workers to participate in the organization's culture. But achieving this alignment is not easy. As you are associated with a company that works with external stakeholders and workers to a great extent, how do you look at this statement?
At the heart of that study is confronting the challenges of intentionally leading and coordinating workforce ecosystems OR orchestrating workforce ecosystems. In a world changing from VUCA (Volatile, Uncertain, Complex, Ambiguous) to BANI (Brittle, Anxious, Nonlinear, Incomprehensible) in less than 2 years' time with a 30-50% contingent work-force, we are all looking at a recipe for disaster if we do not have a strong cultural foundation in place.
Denne historien er fra August 2022-utgaven av People Matters.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra August 2022-utgaven av People Matters.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
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