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.