Words by Caroline Esterson
No one could have predicted the seismic changes that have hit organisations over the past two years.
These changes have not only challenged strategic goals, they have also remodelled the way people relate to work. Change is afoot and great leaders need to recognise this.
Here five key leadership predictions for leaders to get ahead of the game
Caring is the new value-added commodity:
From genuinely asking "how are you feeling?" or "how can I help?" to being fully present and connected. Those leaders that can manage beyond the numbers and fully engage their teams will be the ones who thrive in 2022.
According to new survey data from GLINT, employees are placing care as a top employee engagement driver. Those who feel cared for are 3.2 times happier at work and 3.7 times more likely to recommend working for their company. These are significant rises on data pre-pandemic.
People who are cared for are less stressed and more resilient which are critical skills for navigating future uncertainty. People want to be treated as individuals and not just workers. A new partnership approach to the employer/employee relationship is needed to drive sustainable high performance.
As we move through this pandemic, we predict the next pandemic will be mental health and that will matter in the workplace. After lockdowns and isolation, loneliness and lack of contact things started to open and we were allowed to go out and be with people in person, even go back into the office. For some that brought joy, for others this brought unexpected fear. Many of us had to get used to 'peopling' again. This rollercoaster is continuing and we may be flip flopping between these two scenarios throughout 2022. Organisations need to support leaders to connect and care for their teams to ensure performance isn’t damaged irreversibly.
Flexibility is king:
Hybrid working, increased talent mobility, and remote working, mean that leaders need to be constantly flexing to maximising team contribution as people's needs, drive and motivations change. This flexibility will help organisations move beyond just surviving to thrive. Without it, success is being left to chance.
Zoom, Teams and other collaboration apps opened the big wide virtual world, even to people and organisations who had resisted operating virtually, and in doing so it connected people to another world - a big wide world of possibilities!
We now have more FLEXIBILITY in how we live, work and connect. And with more flexibility comes more choice.
As we often remind participants on our programmes, "Those with the greatest FLEXIBILITY have the greatest CHOICES."
Coined 'The Great Resignation', people have been armed with a deeper sense of the important things in their lives, a clearer vision of what they really want, greater flexibility in how they can make things happen and strengthened resolve to 'do things whilst they still can'.
Many people have chosen to take a leap of faith and quit their jobs. Some have moved organisations, others have chosen different roles entirely in different organisation, some have chosen to be their own boss starting up their own businesses, whilst others have decided to retire.
Organisations now have a war on retaining talent in addition to the war on retaining customers. More than 50 per cent of people (according to GLINT) still want flexible work arrangements after the pandemic. Finding this balance helps people reduce stress, increase job satisfaction and, for the organisation, provides higher productivity.
As leaders operating in an ambiguous climate, your own flexibility and response to challenge, role models the way for others and helps you to manage expectations.
As human beings we need hope; hope of something better in the future to get us through the dark days.
The pain of climate change will increase:
Whether from increased legal, reputation or regulatory risks or directly from the impact of climate change, there is increased pressure for organisations to act and reduce the impact of their own carbon footprint.
The world is at a tipping point when it comes to climate change, and more than 80 per cent of executives are concerned, according to Deloitte Global's 2021 Climate Check report.
It is hard to ignore the increasing number of catastrophic, climate-related events affecting populations and geographies all over the world - from wildfires to increased hurricane activity to droughts to extreme winter storms.
A warming planet creates a wide range of risks for businesses, from disrupted supply chains to rising insurance costs to workforce challenges. However, there is still a hesitancy for organisations to act due to concerns over shareholder attitudes and short-termism inherent in our financial system. The impact of the pandemic has, in some cases, reversed investment that companies had committed to for environmental sustainability.
Environmental sustainability is now a mainstream concern with many organisations moving the green agenda from being a 'nice to have' branch of corporate social responsibility to a key strategic driver affecting all areas of their business.
Particularly for younger people, the green agenda is being prioritised in their decisions. They really care about the steps employers are taking to tackle the climate crisis and their frustration will only get stronger.
Leaders at all levels are instrumental in promoting positive green practices from simple things like turning off equipment and lights, recycling and encouraging cycling/walking to work.
Leaders can open the debate and encourage experimentation about how to work in a more sustainable way and reduce waste throughout the operation and its supply chain. In the long term, sustainability is good for business. Business can only succeed if our society thrives.
Expectations continue to rise:
We now have infinite choices available to us. Whether from customers or employees, expectations will continue to rise. This places a significant demand on leaders to focus on enhancing relationships because results revolve around relationships. People are seeking immediacy and quality not just in their purchases but also in their interactions.
Leaders need to be role models in all their activity to lead the way in staying connected with these expectations and adapting to rising expectations. A desire to be the best for your customers starts with the way you treat your staff.
