Better Value, Better Futures

The future of work continues to change rapidly and redefine businesses from within. Economic shifts, climate change, new business models, accelerated digitisation, demographic developments and other future shocks will rewrite the rulebooks. As disruptions continue to redefine the world of work, the role of HR will be increasingly in the spotlight to provide direction and clarity on some of the challenges as companies rethink their priorities around:

How do I hang onto critical skills in changing market conditions?

How do we effectively manage our costs in these difficult times, without compromising on employee engagement and morale?

We don’t know which skills we need or which skills we have. How can I reshape our workforce model to allow changes in capacity?

Three business priorities

Manage costs and create more value

With more than three-quarters of companies surveyed in South Africa reporting negative financial impact in 2020 due to Covid-19, the road to recovery is steep. As such, we expect companies to direct their focus towards managing costs while delivering better value.

Build scale and agility

It is unsurprising that 76% of companies in Africa plan to implement flexible working at a greater scale than prior to Covid-19. To this end, an agile skills-based approach to talent management will deliver scale to adapt, flex and innovate in a rapidly changing world.

Envision a sustainable future

Better futures where companies are profitable, employees are healthy and productive, and communities are thriving require a multi-stakeholder approach to deliver long-term value. To this end, executives are increasingly aligning their ESG metrics to purpose towards creating equitable and sustainable growth.