While most boardrooms know digital transformation is important, it’s considerably easier to discuss than to implement. In fact, 59% of UK CEOs in PwC’s 20th CEO survey believe their organisation’s ability to adapt to the speed of technological change is a real concern.
Given the continued pace of technological and societal change, what new jobs and professions might emerge in the coming years” From crypto detective to space junk removal officer, these weird and wonderful jobs could be undertaken by humans or robots in future.
CEO at AeroBlue and business turnaround expert, Ruta Gabalis, offers five ways to recover your firm from the brink.
Despite corporate change being necessary for growth and innovation, we often try to get in its way. It’s a phenomenon author Susanne Jacobs seeks to explain.
Employers might try and avoid the topic, but change in business is inevitable. Whether it’s health and safety in the workplace or holiday pay, we are always having to adapt to altered regulation. This is set to increase further when Brexit comes into play.
We live in an age of managing change. Whether it is political upheaval through Brexit and Trump or business upheaval with the rise of the disruptors like Uber, Deliveroo and AirBnB, the world has never changed so fast.
HR knows change requires flexibility and support for employees. But these are often around things like putting a new policy in place. What can HR do when change is a much bigger beast, as it is with digital transformation?
At the 1992 Barcelona Olympics, Derek Redmond was deemed set to win the 400m. That was, until injury found him and led him down the corporate trail.
The business world is changing rapidly and companies failing to test the boundaries of change will soon struggle to compete.
Although we may enjoy routines and feel completely at a loss if we don’t have things the way we are accustomed to, it is within our capacity to make considerable changes so that we are more efficient or more contented in our environment.
As a business leader, it can be difficult to tell if the business is growing from its core, or if it’s being influenced by its environment.
Transforming an organisation consistently ranks among the greatest challenges leaders face, despite there being no lack of advice from business gurus and scholars on this topic. But instead of using just one method, bosses should look to mix a cocktail of change.