“The 33-year average tenure of companies on the S&P 500 in 1964 narrowed to 24 years by 2016 and is forecast to shrink to just 12 years by 2027.”
This is one of the outcomes of a recent study on industry change, mergers and acquisition activities and disruptive start-ups, raising questions around what change management actually means.
During any normal period, it is vitally important to ensure that the team works well together. This does not mean that everyone has to be best buddies. But team spirit needs to be preserved through informal contacts, social interaction and small gestures with a great personal effect such as “Secret Santa”. Let’s go through the way to achieve great things by creating a sense of belonging.
Digital transformation is today one of the most important topics in each c-level agenda. Digital transformation is about how we shape the future of our businesses, how we select the best people to hire for the next 5 to 10 years and above all how we interact with our clients or prospects. Today we want to talk about how we can make it more real and how we can help our people leverage the digital mindset to do better business every day.
Throughout the year 2020, marked by the COVID-19 crisis, we saw government authorities, CEOs across various sectors, and even the households attempting to understand what was happening and trying to give some direction, protection and order to their followers.
Organisations and individuals have been forced to reassess their cultures, habits, ways of socialising and working to adapt to the new health protection measures, “the new normal”.
While remote work wasn’t a completely new phenomena, according to STATEC 20% already worked partially remotely in Luxembourg in 2018.
Nonetheless, digital interconnectedness made it possible for most people to make the switch to home office from one week to the other when the pandemic hit. The same digital blessings that made this possible, have also highlighted certain digital challenges when it comes to navigating a hyperconnected world.
Let’s highlight how CSR can play a crucial role in safeguarding the longterm wellbeing of employees and thus in guaranteeing their contribution to the overall success of their companies.
Uncertainty can wreck havoc in any change situation, because people like to know “where they are at”. The more unanswered questions there are, the more tense the situation becomes. This is when CSR comes into play.
Digitalisation has been a huge talking point over the past couple of years and has become even more meaningful since the rise of the COVID-19 pandemic. Remote work, home schooling and communicating at a distance have all played a major role in limiting social interactions to a minimum as means of preventing the virus from bringing down our health care systems.
Mindfulness at work is about creating an awareness that helps you to accomplish more within a shorter time. It helps you to become more present and attentive which again helps you engage with your team and work at a deeper level.
No one likes change, but we cannot survive without it! By adapting our CSR strategy to meet today’s challenges, we hope to create a lasting impression on our team and really enhance their sense of belonging and identification. Let’s take you through our process to a “remote CSR strategy”.
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