Labour shortages. Skills shortages. Remote working. Hybrid working. Shifting employee expectations. The spotlight on inclusion. There are a lot of dynamics changing the world of work, which have only accelerated with the pandemic. So just how are businesses adapting to it all?
The CBI’s Transforming Work Week, running 20-24 September, included a webinar on reskilling, another on the future of diversity and inclusion, and Chatham House member discussions on dealing with labour shortages and adapting to hybrid working.
The three main messages that came across throughout the week was that businesses have to be proactive to manage the challenges, they need to be open to current changes in the ways of working, and they must plan for the future in order to benefit from the opportunities.
Here are some of the top tips that were shared in the discussions:
Understand and believe in reskilling your workforce
Even putting the current, chronic labour shortages to one side, CBI research has found that nine in ten people will need to gain new skills by 2030. And, contrary to fears that investment in training doesn’t pay off if employees then leave, three quarters