Workplace Strategy - Adapt or Fade !

Constant innovation becomes essential to an organization’s sustenance in today’s exceedingly competitive business environment.  We are seeing the rise of a new kind of employee base, people who demand creativity and workplace sophistication, which will incentivize them to stay and increasing the employee retention ratio. It has been projected that there will be a shortfall of skilled workers in the coming years and employers need to pay attention to the changing trends to keep up with their share of skilled workers.

Senior management teams need to understand the dynamics in play to create a competitive advantage by aligning their strategic intent with their policies that would initiate proper tools, resources and environments they provide to their employees. Increased knowledge sharing leads to enhanced productivity, improved quality, and accelerated innovation.

A workplace strategy is a clear testimonial of how the organization will support the work environment for their employees.

Creating a comprehensive workplace strategy is a fundamental undertaking. It is essential that the workplace strategy is created based on the organization’s current / future goals and employee demographics.

One of the more significant consideration while creating the workplace strategy is to ensure that there is a focus on employee engagement, wellness and retention. To help include these intentions we find that the new work spaces tend to have more collaboration and meeting areas, latest technology that enables your employees to be effectively connected and productive. Wellness areas are installed to help create a belonging and ‘care’ factor.

Simple re-designs within your workplace could bring in tremendous motivation and refresh their cultural impact of your organization.

Some of key questions to ask when thinking of creating your workplace strategy are for example - is your business ready for change? Is there an employee engagement challenge? Are you unable to communicate effectively within the changing demographic? and do you have a competitive edge in your industry? Answers to such questions can be achieved by simply creating a SWOT and GAP analysis of your current workplace and future organizational goals.

Let’s not ignore the importance of keeping up with the changing business environment regardless the size of your organization. Adapt or Fade is the commandant that will keep you ahead in the game.