Balancing employee and financial health
When disruption builds outside the organization, leaders try to create as much internal stability as possible. This means focusing on essential products and services, driving efficiency projects, managing risk and carefully recalibrating spending. Since organizations are communities, their survival requires a balance of the smart use of resources with the careful management of social ties.
To cope with the distracting and often stressful nature of unpredictability, people at all levels of an organization look to leaders and the wider company community for support. An adaptive culture is key. Adaptability requires a focus on operational details, quality communication and an increase in employee empowerment, productivity, well-being and engagement.
Dramatic change presents an opportunity for companies to reevaluate priorities, focus on what matters most and adopt new practices to help make them fitter, faster, leaner and more agile. According to our Global Talent Trends report, 76% of respondents believe their companies allow them to grow personally and professionally. There is room for optimism — but only if organizations have the support they need to find the way forward.
Africa
