There are huge changes and problems happening all over the world, like climate change and changes in political and economic power. To be direct, our world is changing quickly. And organizations need to learn how to change with the times. These big trends show how business operations are changing to fit our world, which is changing quickly.
Operations that are long-lasting and reliable.
Every business should try to get rid of or lower the environmental costs of doing business. And, of course, resilience is related to sustainability because being resilient means being able to change and live for a long time. In this age of conscious consumption, a business that doesn’t care about sustainability isn’t likely to do well.
The balance between people’s work and smart machines.
We now have robots and artificial intelligence (AI) systems that are getting smarter and can do jobs that humans used to do. This raises some important questions for employers, such as how to find a balance between intelligent machines and intelligent people. What jobs should machines take over? What are the best jobs for people? Automation will have an effect on every industry, so business leaders must prepare their companies and their employees for the way work is changing.
The changing talent pool and how employees feel about their jobs.
The way we work is changing. More young people are getting jobs, and there are more gig workers and people who work from home. In the past, organizations have been very rigid and structured in a strict hierarchy. But that is changing as leaders see the need for flatter, more flexible structures that allow teams to be reorganized quickly and the business to adapt to change.
Today’s customers want to feel more connected to the brands they buy. And because of this need to connect, authenticity has become a business trend in its own right. Authenticity helps people connect with each other because, as humans, we like to see brands (and business leaders) show important human traits like honesty, reliability, empathy, compassion, humility, and maybe even a little bit of vulnerability and fear. We want companies (and their leaders) to care about more than just making money.
Companies with a clear goal
This trend is related to authenticity. It’s all about making sure your business has a purpose beyond just making money for shareholders. The organization’s purpose explains why it exists. (Not what the group is, what it does, or who it serves. So, purpose is not the same as mission or vision. Importantly, a strong purpose can lead to change or the pursuit of something better, whether that is a better world, a better way to do something, or something else that is important to your organization.