Explore new research into the key challenges facing businesses today and the vital areas where HR teams will focus during 2021.
Perhaps the lasting legacy of the pandemic will be a better world of work, where long-expected changes have arrived at speed. Organisations moved and adapted quickly, largely because of the creativity, productivity and collegiality of employees. Capitalising on this engagement is crucial for business success, while turning focus away from people will lead to devastating business risk.
Our new research report, in partnership with the Reward & Employee Benefits Association (REBA), shows that even as organisations reshape, focus on values such as diversity and inclusivity, as well as environmental targets and purpose have shot up Board agendas, driven by employees, customers, local communities and investors.
The data shows how Board-level focus is shaping HR focus. Achieving employee wellbeing is front and centre to achieving employee engagement and mitigating the risk of high staff turnover, recruitment costs, burnout and low productivity.
Almost two thirds of HR teams will focus on applying new organisational structures, showing just how much businesses will continue to reshape in 2021. But just as organisations rethink operational structures to meet changing market demand, HR teams also need to rethink collaboration across their own disciplines to meet the challenges of reskilling and new ways of working.
Never has the call been stronger for HR to work as closely with CEOs and CFOs to shift culture, change fast and adapt our world of work.
This report is the first of a three-part series that will provide the context and practical steps needed to meet the challenge of transforming organisational culture into one that engages its employees and reduces its people risks.
If you would like to discuss any of the issues or topics in the report then please provide your details below and one of our consultants will be in touch.