A reset for relationships

“I am convinced that nothing we do is more important than hiring and developing people. At the end of the day, you bet on people, not on strategies.”
– Lawrence Bossidy

According to a recent Gallup Workplace article, employers and their employees are in need of a relationship reset in 2024 due to evolving shifts in where and how we work. Budget cuts, team changes, and added responsibilities are leaving employees feeling stressed and disconnected.

And while hybrid work is stabilizing, Gallup’s research indicates that how leaders manage their employees influences their engagement and wellbeing much more than their work location, about 4 times as much.

To win in 2024, the article suggests, management needs to retool its strategies to support the following trends identified in Gallup’s State of the Global Workplace: 2023 Report:

1. Worker stress remains at a record high.
2. Engagement is slowly recovering, but remote workers in particular are feeling disconnected to their organization’s mission and purpose.
3. Leaders are restoring trust by improving communication, supporting change, and inspiring confidence for the future.
4. Managers are feeling the squeeze from increased responsibilities and poor work-life balance.
5. Organizations need to optimize their hybrid work strategy now that it has become the norm for remote-capable workers.
6. Hybrid culture has distinct challenges organizations need to master in terms of communication, collaboration, and relationship-building in order to fully realize its advantages of offering the greater flexibility that workers crave, improving their wellbeing and engagement, reducing turnover, and expanding the talent pool.

These trends aren’t surprising, but they are clear indicators that the workplace isn’t what it used to be, and there’s no going back.

How do these trends resonate in your organization?

Workplace culture, leadership development, and employee engagement are among our specialties at Advantage Performance Group. With best-in-class learning and development solutions from our network of thought leader partners, we can help craft and manage impactful experiences to help your organization meet these challenges and more in 2024. Where to start? Here are two upcoming opportunities:

1. Contact us or talk to your Advantage partner to enroll in a preview experience of AccelerateME from Career Revolution’s Christine DiDonato scheduled for Feb. 2 and learn how to increase employee engagement and retention by helping your employees own their career development.
2. Evaluate our full live virtual, 2-part experience of the newly updated Multipliers simulation on Feb. 27 and 29. Learn more here and RSVP for your complimentary spot.

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