This week’s Fierce resource was originally published by Gallup and shares data from workplace studies on the rapid pace of change in the workplace.
Change has always been a constant and prevalent force within the business world. It is woven into the very nature of business. Yet, something feels different about the torrid pace in which change is occurring now.
Technology and shifts in organizational structure have required businesses to reconsider how they manage their people and their work. With flexible work hours, the traditional 9-5 is no longer the norm as virtual teams interact via email or video conferencing.
Ed O'Boyle and Annamarie Mann, Gallup, attribute much of this change to Millennials assuming the majority of today’s workforce.
“They want their work to have meaning and purpose. They want to use their talents and strengths to do what they do best every day. They want their jobs to fit their life. And they are less interested in settling.”
Organizations are becoming more agile and flexible to accommodate the needs of the modern workforce, or they risk losing their best employees and the ability to attract top talent. According to the State of the American Workplace report by Gallup, 51% of employees are searching for new jobs or watching for openings, thus the companies that do not adapt will be left behind.
“The one thing leaders cannot do is nothing.”
Read the entire article here.