Organizational culture is becoming increasingly important

Culture a top priority for business leaders

This is a statement from a TED talk by Rainer Strack on his interpretation of the workforce challenge. It sounds counter intuitive, but in the near future, many of the world’s largest economies will have more jobs than adult citizens to do those jobs.

In this data-filled – and quite charming – talk, Rainer Strack suggests that countries ought to look across borders for mobile and willing job seekers. But to do that, they need to start by changing the culture in their businesses.

The key is not about the changing workforce it is about the operational workforce transformation to a new workforce landscape of skill shortage, labor shortage and cultural and people change.

People are looking for recognition

The survey shows that the top four preferences – out of at list of 26 topics – of job seekers are around organizational culture:

1. Being appreciated for your work
2. Having a great relationship with colleagues
3. Enjoying a great work-life balance
4. Having a great relationship with the boss

Salary ranked eighth in importance.

Organizational culture a top priority

The global workforce crisis becomes very personal. People are looking for recognition!

Companies will need a people strategy

Companies will need a people strategy, consisting of four parts:

1. Plan for how to forecast supply and demand for different jobs and skills. Workforce planning will become more important than financial planning.
2. Plan for how to attract great people: generation Y, women, but also retirees.
3. Plan for how to educate and upskill them.
4. Plan for how to retain the best people with an appreciation and relationship culture.

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Organizational culture is becoming increasingly important — https://www.torbenrick.eu/t/r/sxp
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