The year 2020 has been catastrophic. The pandemic has changed the world and the world of work. With the COVID-19 crisis, lockdowns, and a global recession, organizations are busy reimagining the “new workplace”. Some of the abrupt changes the coronavirus brought to the fore may stick around forever. And these changes have huge implications for businesses and talent leaders as they plan for 2021. The digital transformation initiatives that businesses have embarked on will continue for years. While we don’t have a clear indication of when the virus will go away, organizations are trying hard to make the most of this uncertain time as we move toward the year 2021.
From the spread of new-age tech innovations to the need of creating adaptable and sustainable business models and workplaces, the gamut of transformations talent leaders need to embrace is multiplying day by day.
So, what would be the key trends you should closely keep your eyes on in 2021? Well, there could be many — from the hybrid workplace to the uprise of flexible work schedules to enhanced focus on employee training to employee well-being to the acceleration of digital transformation to a renewed focus on innovation.
As we head into 2021, what should you expect in the context of work, workplace, and workforce? The cover story Powered by SAP SuccessFactors, deeps dive into what lies ahead in every function from recruitment to rewards across industries. We bring you all that you need to watch out for in your industry to make the most of the year 2021.
Humans will remain central to any advancement in technology and digitalization:
Dr. Frank-Jürgen Richter
This story is from the January 2021 edition of People Matters.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 2021 edition of People Matters.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ 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
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
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
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
Instilling a sense of ownership in employees
The most important step in promoting a sense of agency in the workplace is cultivating an ethos of ownership within the company
Does our pay for performance process deserve rewarding?
Pay for performance is a staple of any rewards model, but practitioners often take for granted that it is sound. In fact, a good pay for performance model needs intensive planning and careful design
How to attract and retain top talent at tech companies
Employees in a rapidly changing workplace are not just concerned with salary increases; they are also interested about upskilling to expand their knowledge base and update their hard and soft skills
