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The Herman Trend Alert
December 30, 2020 2021 Workforce-Workplace Forecast Part 2 Every year at about this time, The Herman Group issues its annual workforce-workplace forecast. Intended to provide employers with insights about what to expect in the coming years, this Herman Trend Alert is Part 2. To read Part 1, click here. As a "Viral Tsunami"* rages on the West Coast of the United States and cases are spiking in many countries of the world, it is difficult to focus on the future beyond how to survive the present and the near-term future. That said, I have done my best. 5. Diversity and inclusion are more important than ever Many of the events of 2020, including The Black Lives Matter Movement have raised the consciousness of the country to the critical need for a focus on diversity and inclusion. Every major organization and many minor ones now have (or are recruiting for) a Director (or Vice-President) of Diversity and Inclusion. The younger generations demand an inclusive workplace; for them, it is not optional. If you want to retain these younger generations (Gens Y and/or Z), honoring this value is critical---and we mean more than just lip service! 6. Big Data in HR will have an increasingly important role With COVID challenges as a background companies are looking for any and all ways to operate more efficiently. Right now, it is only the larger companies that are able to take advantage of Big Data. As the cost goes down, more medium-size organizations will be able to take advantage of these insights. This trend points to a business opportunity for Information Technology (IT) providers who can aggregate the data of numerous small and mid-level companies to help the non-giants compete with their multinational competitors. The companies that are able to mine their data will find very valuable inferences will find themselves at a competitive advantage.
7. Wise companies will use technology to stay connected and be more efficient
8. Learning online will evolve
9. Cafeteria-style benefits re-emerging with a twist 10. Adaptability is emerging as the quality most in-demand by employers With the pandemic and other changes challenging us at every turn, employers are looking for people who can adapt and lead their workforces. Adaptability can be taught. My podcast cohost Ira Wolfe offers a course worth considering. Visit this site to learn more and consider an effective program for upskilling your teams and leaders. The year 2021 will bring us unprecedented challenges and opportunities as we move from Normal 2.0 to Normal 3.0. Now, you are slightly better prepared. * Term coined by Dr. Robert Kim-Farley, an epidemiologist at the University of California, Los Angeles.
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To read this Herman Trend Alert on the web: https://hermangroup.com/alert/archive_3-29-2023.html.
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