Navigating the future of work through trust and empowerment with Protiviti’s EVP of Global HR

Navigating the future of work through trust and empowerment with Protiviti’s EVP of Global HR

Back in January 2020, Protiviti had 65 global leaders come together, as we do at the beginning of each year, to outline the firm’s business plans, strategy and individual commitments for the year ahead. For this meeting, we brought in a team of consultants with expertise in human-centered design to work with us and help us answer the following question: How might we attract and retain the most admired consulting workforce on the planet?


ABOUT

Scott Redfearn
EVP, Global Human Resources
Protiviti

Scott Redfearn is responsible for all facets of human resources and talent management in Protiviti. He ensures delivery on our promises to our people while leading strategic programs to build a more effective organization, improve Protiviti’s workforce and leadership capabilities, and strengthen employee engagement.

Prior to joining Protiviti in 2007, Redfearn was a senior executive in human resources at Accenture, where he was Senior HR Architect for Accenture’s $7 billion Outsourcing business with over 50,000 employees. Scott joined Accenture (formerly Arthur Andersen and Andersen Consulting) after graduating from Texas Tech University with a Bachelor of Business Administration in Finance.

We were studying that question, in part, because we had a persistent issue around our people's need for greater flexibility in their work lives—not just where they were working but with whom, when and how. In those days, it was called “work-life balance.” Our people wanted more of a voice and more of a choice in the decisions related to their work.

At the meeting, we broke our leaders into small groups to begin brainstorming. Soon enough, the walls and dry erase boards were filled with great ideas about how we might better attract and retain great people. In a debrief to the full group at the end of the session, one leader shared what could be, perhaps, a life-changing suggestion: “What people want is 100% flexibility!” Well, we all looked around the room thinking, "Wouldn't that be wild?" Like the animals in charge of the zoo. Well, I think you know how this one ends.

The real world has proved just how much flexibility employees can actually manage while delivering amazing results. And as businesses now look ahead and plan how their organizations and their people will work together in a hybrid work model, employees’ desire for flexibility has, naturally, never been greater. I am convinced, now two-plus years into a global pandemic, of this:

  • Leaders everywhere should embrace the changes we are living through as an opportunity.
  • Hybrid work enables us to engage more fully with our people. It’s a win-win.
  • Trust and empowerment are the currency in this relationship.


Empowerment and “Discretionary Effort”

Empowerment is a leadership action, which we define as the igniting of the discretionary efforts of your team members to do the right things. “Discretionary effort” is an important phrase in that statement. It means going further than you have to, going the extra mile, giving more than is expected. Why would team members go further than they have to? Because somebody lit a fire under them, somebody sparked them to do so—most likely through open communication, by casting a vision, or sometimes just by being genuine and open about what's going on. Seeing this, the team member is inspired to take action. They want to help. You’re igniting discretionary effort in them, and people who go further than expected are the difference makers on your team and in your organization. Only the employee can give you more than you're expecting. They make that choice.

 
Here's a real-world example: We had a project team working for a banking client. Nearing the end of the project, in one of the weekly status meetings, we discover something that will require extra effort and work to fully address, and we need to get that work accomplished under the original project deadline. Upon learning this news from the team, the project leader calls a 30-minute break. He wants to go downstairs, get a cup of coffee and think this through. He will then come back, thoughts collected, and outline how they are going to move forward on this. When he returns a half-hour later, he sees his team still there and working. They never left. They are eager to present their ideas on how the situation could be addressed. How are we going to get the extra hours squeezed in? Who is it affecting? What other experts will we need to pull into the project to get this done? The team took the initiative and presented an action plan.
 
They went further than expected in building the plan, and they were also prepared to go further than expected to execute it. Simply put, they did the right things. At Protiviti, the “right things” are taking initiative, serving clients in exceptional ways and contributing to a high-performing team. That's what empowerment looks like. It can be that simple and straightforward.
 
Unfortunately, empowerment is perhaps the least-developed muscle in too many organizations. That’s just the reality. It suffers from a lack of use because too many people are waiting on someone else to tell them what to do. And if we're being honest, as leaders, we often struggle with empowerment ourselves. We're worried that people will do the wrong things, or they’ll go outside the guard rails. That brings us to the other side of the same coin. If empowerment is one side, trust is on the other. Showing trust is how you ignite that untapped impact of your teams.

Empowerment is a leadership action, which we define as the igniting of the discretionary efforts of your team members to do the right things.

Image
Colleagues in a meeting laughing

Our Trust-Building Agenda

At Protiviti, through surveys of our people, we’ve been using data gathered over the past few years to identify some critical elements to help us build the kind of trust that empowers our people. We identified these elements prior to COVID, but the pandemic proved them out. And as we look ahead to the future of work and the hybrid workforce that it activates, we are anchoring to these four points in our trust-building agenda.

1. Greater levels of transparency

Open, honest, direct and frequent communication, clarifying the decisions that we have made and why we made those decisions. Sometimes it's as simple as leaders telling personal stories. Why am I here? How did I get here? Or maybe sharing their own personal views. How has this affected me? What have I learned through this? Other times, leaders shine a light on things people want to know more about. How does compensation work? How do people get promoted here? What is going on in our business? All of those things, when discussed and disclosed transparently, generate higher levels of trust.

2. Address issues of fairness

Once people can see inside, they naturally start making assessments. Based on what I can see (transparency), is this fair? Is it good for me? Is it equitable? Younger workers, we’ve discovered, increasingly want to be assured that it's fair for everybody. Fairness and equitable for everyone are guiding principles for them. If that's how promotion decisions are determined, is that what it looks like when I view the actual promotions made? If that's how compensation works, is that how it works for me, and is that what I hear about how it works for others? So, this “for all” element to fairness is a real driver in generating higher levels of trust. Not only can I see what's there, but I also think that it's fair.

3. Leading with empathy

Listening to people builds trust. Empathy is valuing the point of view of another person. The way you value that point of view is not just by asking for feedback but also by listening, communicating back what you’ve heard and then acting on it. First, we actively seek to understand another person's point of view, and then we act on what we learn. That is the secret to leading with empathy—using your position of influence to achieve an outcome that they will value. You must know what it is they are saying, and you have to be prepared to act on it. As a result, they feel like they are shaping the organization’s agenda, and they are!

4. Investing in your people for the future

Nothing says trust like, “We're willing to invest in your future when we don't really know how long you're going to be here. We're going to contribute to your individual growth and development because we value you and your contributions.” In a transparent organization, people know where the growth will come from and will often want to align their capabilities and skills so they can best contribute to that growth. This creates real opportunities. Help them get there with training, development and the work experiences they need.

We have found that these four elements build trust in the organization, and they are based on feedback from what our people consistently reveal in our surveys.

Here’s one more thing to consider: Trust is a two-way street in any organization. Not only are you looking for your people to trust the organization and the leaders in that organization, but wouldn't it be great if the leaders also had higher levels of trust in the employees? Are your employees being transparent? What do they want to do? Are they telling you what's going on? Do they love what they’re working on? Will they tell you they are considering leaving? Will they point out a problem while it is still easy to handle? Can you see what's important to your people? Are they being fair? Are they willing to listen to the viewpoints of others and take actions based on what they're learning? And are they willing to invest in an organization even when they don't know every step on their career journey going forward? If they are, that would inspire higher levels of trust among your leaders.

Nothing says trust like, "We're willing to invest in your future when we don't really know how long you're going to be here."

Image
Business professionals brainstorming in a meeting and writing ideas on a whiteboard

Conclusion

As we consider this unprecedented opportunity presented by hybrid work, the foundational elements are empowerment and trust. How will hybrid work take us, our people, and our clients to an even higher plateau? How will hybrid models work when employees are making more of the decisions about the work? Will they go the extra mile? Will they do the right things? How do leaders empower the team to take the initiative and go further than expected in doing the right things? Trust.

Right now, we are on one side of a great chasm—like the French Verdon Gorge, the Brazilian Itaimbezinho Canyon or the Grand Canyon in the U.S.—and need to navigate to the other side, over to where the Future of Work is. It potentially could be a treacherous journey, but leaders need to find their footing. We need to energize our people even as there continues to be so much change swirling around us—government health mandates, a tight labor market, a blocked supply chain, escalating salaries, high levels of turnover. We know more change is coming, and the pace of change is accelerating. Do we have what it takes to get to the other side? Can we trust our people to take us there?

We often want our people to earn our trust before we extend it. We will give them empowerment when we are sure they know how to use it. If you want your team to trust your decisions, buy into what is possible and meet the organization's priorities, here’s an idea: You go first. Take that first step and extend trust. Now, that first step might cause the bridge across the chasm to start swaying and undulating, thus creating some discomfort, but no doubt you will find your rhythm, feel the groove and pick up momentum. Step out first and be ready to demonstrate trust through showing transparency, demonstrating fairness, leading with empathy and investing in the future. Trust your people and empower them to succeed. You may be surprised at the benefits you reap together.

Trust your people and empower them to succeed. You may be surprised at the benefits you reap together.

Add a Comment
CAPTCHA
13 + 3 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
* Required

Career design and the future-focused workforce with Erica Sosna, CEO of Career Matters

Career design and the future-focused workforce with Erica Sosna, CEO of Career Matters

Audio file

In this VISION by Protiviti podcast, Joe Kornik sits down with Erica Sosna, founder of Career Matters, a boutique firm that empowers employees to own their career. Sosna also designs leadership programs and career development for CEOs of top global companies such as Amazon, Capital One, HSBC and Mastercard. Sosna is also an award-winning speaker on career design and the future-focused workplace, and her Career Equation Method has become a go-to career design model for clients. Erica’s thought leadership on where the global trends for virtual teams, digital nomad lifestyles and the end of work as we know it, has been featured in leading publications.


Read transcript

CAREER DESIGN AND THE FUTURE-FOCUSED WORKFORCE WITH ERICA SOSNA, CEO OF CAREER MATTERS - Audio transcript


Joe Kornik: Welcome to the Vision by Protiviti podcast. I’m Joe Kornik, director of brand publishing and editor-in-chief of Vision by Protiviti, where we put megatrends under the microscope to examine the big topics that will impact the C-suite and executive boardrooms worldwide.

Today, we’re exploring the future of work, and I’m happy to be joined by my guest, Erica Sosna. Erica is the founder of Career Matters, a boutique consultancy that empowers employees to own their career and designs leadership programs and career development for CEOs for top global companies such as Amazon, Capital One, HSBC and MasterCard. Erica is an award-winning speaker on career design and the future-focused workplace, and her powerful and practical career-equation method has become the go-to career-design model for her clients. Erica’s thought leadership on the global trends for virtual teams, digital-nomad lifestyles, and the end of the world — rather, the end of work — as we know it, has been featured in leading publications and on LinkedIn. Erica, I’m thrilled you are with me today. Welcome.

Erica Sosna: Thank you for having me. I’m excited.

Joe Kornik: I just mentioned there in that intro that it’s the end of the world as we know it — and I feel fine. I just couldn’t resist that. I’m dating myself a bit, of course, with that reference. And would I love to say it’s the end of the pandemic as we know it. Maybe we’re getting there, little by little, but I wanted to start our conversation today around how the pandemic impacted our idea of career and career choices — the idea that people have become less willing to settle for work that doesn’t work for them.

Erica Sosna: I used to have a slide at the beginning of my big keynotes, which had the up-and-coming cutting-edge future trends in work, and the pandemic has blown my slide. All of the things that seem to be emerging trends have now accelerated, as so much does in crisis environments. Let’s start by unpacking what has accelerated, what’s changed, why it’s the end of work as we know it — hopefully, not the world, but work — and then we’ll look at the pieces for reconstructing out the other side.

One of the things that was always going to be a major trend, that I was just waiting for everyone to pick up on, was the flexibility that technology has facilitated about where people are working from. Now, of course, there are still plenty of instances and plenty of roles where being in person is indispensable, and for a long time, I’ve been wondering, how long are these big offices here in London, in the City, how long are they going to be filled?

Prior to the pandemic, there were already plenty of companies globally doing telecommuting, outsourcing, remote working and virtual teaming. I know that, because I was part of those — I haven’t worked full-time in person for 20 years — but also, because my clients were telling me that. How do we build an effective virtual team with people across different cultures, different locations, different time zones, who may not have the chance to meet in person very often? So, it’s no news to people that, of course, people are now expecting to be able to have a conversation where appropriate about the hybrid model — about what that looks like for you.

One of the first pointers for the C-suite is to say, “You need a point of view. You don’t have to have the whole thing worked out, but you do need a point of view.” There will be some companies that are saying, “We are an in-person, very collaborative business, so wherever possible, we do want to see people with a higher level of frequency.” There’ll be other companies that say, “You know what? We’re pretty established at our remote-teaming collaboration, and it’s worked well for us in many ways, and so we’re going to move more in that direction.”

There isn’t a one-size-fits-all. There isn’t a rulebook and playbook that says, “It must be this way,” but it’s therefore a very exciting time to redesign what is the ultimate environment for high performance for the work we do now, for the folks that we have and for the things that they want. And will there be, as a result of that, migration and changes? Sure. Some people will say, “Losing the commute has made all the difference in the world to me — I’m never going back to that,” and therefore, looking for something that they can walk to, or something they can work remotely in. Others will be saying “I’m so desperate to spend time with people — and see their feet for the first time in the last two years — and have that connection and conviviality, but if you tell me that you’re going to 100% remote indefinitely, this is probably not the fun for me.”

Joe Kornik: You mentioned the office, and I feel like that’s an interesting aspect of all this, and I’ll continue on that earlier theme: Is it the end of the office as we know it? What are your thoughts about the future of the office, its functionality, its design? What will the office look like in a decade?

Erica Sosna: So many different things to think about here. The first thing is that collaboration spaces of various kinds have been in existence and running very successfully, particularly for freelancers and the self-employed. But increasingly, before the pandemic, I saw that the organizations were outsourcing where their developers lived to a co-working collaboration space, for example. We’re definitely going to see more of those custom-made, drop-in, flexible spaces, and whether those are owned or leased or subcontracted on an as-and-when basis, or your people have a pass to pop in, a lot of things are going to happen around the different places that I might go to leave home, but not necessarily be in HQ, because HQ might be miles away, or even the local office might be miles away.

But there might be great value in meeting a client in person or certain members of my team in person, and so that kind of flexibility about where the office is located is definitely going to shift. A lot will be drawn from those collaboration spaces and the lessons learned from those, aside from the controversies of the big names around collaboration spaces recently. But, that aside, there have been a lot of best practice established about, what makes a nice vibe? What makes people want to come in? What makes the space a place people want to share and connect across

That has been much neglected — not in every office, but in many. Particularly, once we move to open plan and cubicle life and Dilbert-style working spaces, people are now starting to say, “Well, what’s the incentive to come back in? If I’m going to come back in, let’s have a space where we get a chance to connect, to hang out, to have privacy, to do quiet, head-down work,” which is one of the main arguments we have for working from home, if your home is conducive to that. So, you want to make some soundproof pods that people want to do quiet work in, but you also want to make it a more sociable space than we traditionally think about in terms of the architecture of an office.

My encouragement would be, do this in collaboration. It’s a great opportunity to ask your people, “What is the future of our office? What is the function of our office? What is the purpose of gathering a large number of people together, and is that space an office, and for what reasons?” It might be security. It might be collaboration. It might be brand identity. It might be convenience. Getting into a design conversation that says, “In what instances and at what moments in time is it useful for us to function as an entity or a collective, and what resources and geography do we need around that?” — that conversation is going to be huge.

One of my biggest clients here in the U.K. is a real estate firm that has huge presence within the commercial-property space, and development continues in commercial property, but of course, developers are very interested in what you as a client organization might want or need. That would be my other consideration: When you are thinking about what you need, be in communication with the people who might construct that for you, whether that is developers, whether it’s office buildings that are being redesigned. They want to be in that conversation — the landlord wants to be in conversation with you about how to make it right.

I feel excited about that. There will continue to be value in getting together, but I am curious about some of those buildings that are built in a way that is so functionally designed for optimizing the previous working environment. Here in the City, there are lots of fabulous skyscrapers, Manhattan, elsewhere. Is it going to be easy to repurpose those if you don’t need all of that space, and what will they do? But what I do know about humankind is, we’re very enterprising and creative. We’ll find our way of making even better use of the spaces that we have in a way that works for everyone.

Joe Kornik: I want to switch back and then tie in — it goes nicely with this conversation that we’re having, this notion of careers that we started this conversation with. I’ve heard you say that most people don’t choose their careers, they fall into them. The pandemic has accelerated this idea that you don’t necessarily have one career for life. It’s given people the opportunity to step back and think about their career, their life, their working life. How do you see all that playing out?

Erica Sosna: Great question. Let’s ask ourselves, “Considering that most of us will spend 80,000 hours of our lifetime at work, isn’t it surprising how little we think about that decision?” I always found that was an amazing number of hours. It’s probably more time than you spend with the people who are most important to you, and yet, through our education system, wherever you got within that, and then even within employment, there is rarely a live discussion that says, “This is your lifetime passing by, and are you in the best fit? Are you making the most contribution that you could to the things that matter to you? Are you playing within your skills and strengths?”

And that’s of interest both to the employer and the employee. It’s not just a purpose- and-meaning-driven discussion. It’s also about value-add. We all want to feel that that time is counting, and that we’re in a good fit where we can do good stuff in whatever way we define success. That’s a trend that’s going to continue to grow, and I’m fortunate to be in a space where we’ve been thinking about that for a long time. But the reason we’ve been thinking about that for a long time predates the pandemic too: Most people fell into their careers rather than chose them. We know that most people didn’t know what they were going to be when they grew up, and they’re still trying to suss that out and feel their way into something where they can do a good job and find a match for their skills. My time in employee engagement tells me that too.

When we’re looking at employee-engagement surveys at Blessing White, which was an American company that I used to work for, you would see that companies that are very committed to employee engagement, to the relationship, to valuing their employees would still get a big dip when it came to a question like “I know how to navigate the next steps in my career” or “My manager takes an interest in my career development.”

So, while all sorts of companies might have had career-development programs, as in an accelerated program for high potential or a great program for minority talent, what they didn’t have was a way to talk to a person on an individual basis about their career, what they mean by a career and how they define success in that career, and to have a way of doing that that was scalable across the business that regardless of the industry, the seniority, the tenure, everyone could have the same method.

And that is what the career equation has given for so many of the companies that we work for, and, on a very individual basis, it has given that clarity about what matters to me, one of my criteria, on an organizational basis. It’s enlivened the employee engagement by accessing that missing piece of the discussion about “These 80,000 hours, this is how I define a successful use of them. Can I talk to you about that?” That’s what people were telling their employers that they wanted to do for a long time previous to the pandemic.

Joe Kornik: Yes. I’m glad you mentioned that. One thing that’s interesting about your background is, you have insights into employees empowering their own careers, but you also advise CEOs about leadership programs, career development. You’re in the corner offices, so you see it from both sides. I’m glad you brought up your career-equation method. I’m curious how you see that evolving? We’re trying to focus on, let’s say, the work in 2030. Can you talk about that career-equation method and how that will play in the future of work down the road?

Erica Sosna: Let me give you a quick tour of the equation as it stands, because that will help us to know what we’re framing the conversation around, and then I’ll tell you about where the trends around employment are going to take us.

The equation is a word equation. It doesn’t churn out a nice, tidy number and tell you what to do with your life, which is sometimes disappointing to the quants that we work with, but everyone else finds it a helpful way of understanding their key criteria. I worked with thousands of people, and many of them were quite burnt out around what they were doing and looking for a change, and I heard from them a consistent set of concerns — buckets, if you like, of focus area. Because career is a very emotional issue — it’s something we identify on a very personal basis — one of the first questions we ask people is, “What do you do? Tell me about what you do.” It can easily become very overwhelming: People think about a lot of different things when they try to make a decision around career. I wanted to reduce those, and I turned that into what we call the equation.

The equation says, first of all, everyone wants to work in an area of strengths. We all want to play to our skills and our strengths, and we tend to enjoy and be good at things that play to our natural strengths. When you look at employee-engagement data, the key question that drives fulfillment is more opportunities to do what I do best. Of course, what’s interesting and what Joe has a strength at will be different to what I have a strength at.
The first part of the equation says I need to understand where your natural disposition and strengths are, and I need to be able to notice where, perhaps, we might have pigeonholed you, according to one particular strength, when actually there are five, six others that you’re excited about developing, and that may be a flight risk if we don’t know what those are. Part one of the equation: play to your strengths.

We add, play to your strengths in an area that you’re enthusiastic about, and in the equation, for shorthand, we call that passion. Passion is a very overused word in careers, isn’t it? What we mean is either a subject area that you enjoy, you find interesting — travel, economics, entrepreneurship — but also sometimes a way of being, like solving tricky problems or learning stuff and explaining it to others. The kind of behaviors that get you naturally into flow.

We say you want you to take your strengths and apply them to something you care about, something that you’re into. And you want to generate — and this is the third part of the equation: skills plus passion plus impact — an impact that you feel proud of.

Different people will define success in different ways. They were bombarded with the idea that success is primarily about more money, more power, more responsibility. If you ask the question — and this is probably the most useful question you’ll ever ask any of your employees or friends — “How do you define success?” they will tell you a whole other spectrum of measurements that you may not have thought about.

So often, when we think about talking about careers in organizations, we avoid it because we think it’s only going to be about “I want a raise.” “I want a promotion.” But if you ask, “But how do you define success? What are you using as your measure?” you get a fantastic insight into the huge range of things that matter to your people. The more you understand what matters to them, the more you can tailor what they’re up to, and the environment that they’re in, and the targets that you set and the feedback that you give, so that you understand and make the most of that person.

The equation says, “Skills plus passion plus impact.” Then, it says those things are all divided by the conflict between the environment that helps Joe do his best work and the environment that they’re in. So, we want to reduce as much as possible the friction between where you thrive and what’s going on around here. We call that — for shorthand, again, on the equation — environmental fit: We say that you want to maximize understanding the environment in which a person does their best work, which covers hybrid, flexibility, remote, contract, independent, indoors, outdoors, specialist, generalist, fast-paced, slow and detailed, all of that range of the soil in which someone can grow. And so the equation says you need to understand what your environmental fit is, and then you need to try and reduce the friction or disparity between what’s right for you and what you’ve got.

That’s, in broad terms, what the equation is, and explainable, as you see, in just a couple of minutes, but of course, the output from that will be different for each person. In the work that we do, we help them to narrow down their criteria to just between two and four elements of skills, passions, impacts, and as many things as they like on environmental fit, because the more that you can tailor the environment to suit the person, the more likely they are to be completely unpoachable, because it’s environment that makes a difference.

We’ve all had the experience of looking like the perfect fit for us on paper, but then you come into that team or you come into that culture, and it’s just a fit, not a synergy. So, it’s important to be able to understand, what is it that helps your people do their best work, and how much can you be flexible and accommodating towards that, and which things will be harder to find alignment with?

Joe Kornik: Part of VISION by Protiviti’s goal is to push the envelope and be compelling. So, when you think of 2035, 2040 — think out as far as you’d like — is there anything that we haven’t thought about, or anything that comes to mind that you think will be surprising?

Erica Sosna: I see more of some of the questions and some of the challenges that we were exploring already. You’ve got that experience of the mature economies, say, starting to ask the question “Do we even have employment for everyone?” As we continue to outsource and to access expertise in other parts of the globe, what’s going to be the outcome? Where is that going to end up in terms of employment of our own talent? And we still have work to do about salaries, about equity, about the ways in which expectations around education or the way that education is designed make it easy to globally integrate, and access and make use of global talent.

Those were questions before. They’re still questions now. My big prediction for the western economies for the next 20 years would be the introduction of universal basic income. Universal basic income is the idea that instead of expending a lot of energy on both taxation and welfare distribution, we instead reallocate that as a basic income.

So, here in the U.K., it will be around £25,000 per person, irrespective of their current level of wealth and whether they are currently working, because there is going to be a shortage of roles, and that is definitely going to be something that happens in the western economies. It has to, because talent acceleration is exponential in some of those exciting emerging environments, and the appetite there, also, for ambition around work, it’s a fresher opportunity, the same way that for women, in the last 100 years, it was a fresher opportunity. So many things had been outside of one’s reach, no matter your level of talent and ability in education. You see that globally too.

So, it makes sense that the mature is the dropping side of the curve is in terms of opportunity. I do think that’s going to have a massive impact, and so we will introduce universal basic income. You will see a move toward even more senior and strategic roles, a move to different global locations outside of HQ environments, and the skillful use of technology and of connection — not spending all day on Zoom meetings, but also not returning to gadding about on flights every five minutes around the planet. The planet can’t sustain that. We know it’s not necessary to do for business, but there are times when it is important to have that sense of collegia and connectedness, and that will continue.

My other prediction is a bit retro, in a way, which is about humanizing the workplace and scale. For example, W. Gore, the creator of Gore-Tex, they’re into this: Once a division heads beyond 300 people, they swarm like bees and set up a new division. They do this because 300 is about the number of people in a community in which we can all know each other’s names and have a sense of connection. For a lot of time, over the last decade or so, I’ve been looking at the enormity of the organizations that I work with. Yes, they’ve got their entity divisions, and then they’ve got their divisions by activity area, but still, it’s very impersonal.

Part of why you’ll see an attrition — whether it’ll be a Great Resignation waits to be seen — certainly over the next decade or so is because people decide that those environments are hostile to their humanity. They’ve been hostile for quite a long time — and I don’t think that’s deliberate. It’s just the way in which business has evolved, and many through merger and acquisition, floats and PLCs, and all that stuff — the short-term focus on shareholder value, etc. — has meant that we haven’t been paying attention to how that affects the human.

A lot of people will be opting out because of environment, and here, already, we see this enormously, and a particularly interesting community around that is women and ethnic minorities, both groups that have not been involved in the design of these whopping big firms but are now encouraged to be represented and have a presence and a seat at the table, and yet they’re opting out in droves to become self-employed and set up their own businesses. Why? Because even though the seat is there for them, they don’t want it.

My prediction would be that the companies that are going to thrive, the brands we’re still going to know in that 20-year, 25-year time frame that you’re looking out on, 30 years, are those that find ways to humanize, because that’s something now that people have found to be something they can’t live without. How they’ll do that? What that will look like? I’m not at the table making those decisions, but where I am is across the table on a very regular basis with people telling me, “I just can’t carry on like this.”

Joe Kornik: Interesting. I typically end these with a call to action for the C-suite, and it sounds like that might be it. It sounds like what you just laid out, that might be the work that they need to get working on. Is that accurate?

Erica Sosna: Yes. I would get curious. Get curious about your people on a very individualized basis. Bring that call to action. You can’t speak to everybody all the time, so leverage the cascade of that. But also, the conversations across the organization — you don’t have to be senior to someone to take an interest in asking what experiences you’re looking for out of your work. How could we help you get that? How do you define and measure a successful life and career? How could we help you align even better with that?

A career is a series of choices, and in those choices, we explore how we align our gifts with how we spend our time and how we make our money. Career is a series of choices where you explore how to rely on your gifts, how you spend time and how you make money. So, getting curious about, what are the gifts untapped here, what are the criteria on which people are making decisions about their careers? We might be wrongly assuming, or making succession plans based incorrectly.

That would be my call to action: Get curious about the experiences they’re looking for, where they want to do that work, where their best work happens, what they think the future design of working life should look and feel like, to be right by the customer, right by the climate, right by the corporation and right by the team in themselves. There is the possibility to find something that wins for everybody, so get asking the question.

Joe Kornik: Erica, thank you so much. I’m out of questions, and we’re out of time. Thank you for that insightful discussion.

Erica Sosna: My pleasure. Thank you very much for having me.

Joe Kornik: Thank you for listening to the VISION by Protiviti podcast. Please rate and subscribe wherever you listen to podcasts, and make sure to check out all of our content at Vision.Protiviti.com. Thanks for listening. We’ll see you next time.

Close transcript

Erica Sosna is the founder of Career Matters, a boutique consultancy that empowers employees to own their career and designs leadership programs and career development for CEO’s for top global companies such Amazon, Capital One, HSBC and Mastercard. Erica is an award-winning speaker on career design and the future focused workplace and her powerful and practical Career Equation Method has become the go-to career design model for her clients.

Erica Sosna
Founder of Career Matters
View bio

VISION PODCAST

Follow the VISION by Protiviti podcast where we put megatrends under the microscope and look into the future to examine the strategic implications of those transformational shifts that will impact the C-suite and executive boardrooms worldwide. In this ongoing series, we invite some of today’s most innovative and insightful thinkers — from both inside and outside Protiviti — to share their vision of the future and explore how today’s big ideas will impact business over the next decade and beyond.

Add a Comment
CAPTCHA
12 + 8 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
* Required

Talent trends 2030 with Mauro Ghilardi, A2A’s people and transformation officer

Talent trends 2030 with Mauro Ghilardi, A2A’s people and transformation officer

In this video, Joe Kornik, Editor-in-Chief of VISION by Protiviti sits down with Mauro Ghilardi, Chief People and Transformation Officer at A2A, to discuss people and the future of work. A2A, a Milan-based life company focused on the environment, water and energy, has more than 13,000 employees and Ghilardi is in charge of the human resources procurement and group shared-services activities. A2A aims to improve the quality of life of its customers, the public and its workforce with the mindset on the planet’s future.


Read transcript

Talent trends 2030 with Mauro Ghilardi, A2A’s people and transformation officer

Joe Kornik: Welcome to the VISION by Protiviti interview. I’m Joe Kornik, Editor-in-Chief of VISION by Protiviti, our content initiative where we examine strategic implications of big topics that will impact business, the C-suite and executive boardrooms worldwide over the next decade and beyond.

Today, we’re exploring the future of work and all its implications for employees and employers as well as for clients and customers. We’ve got an outstanding guest today as we welcome Mauro Ghilardi, chief people and transformation officer at A2A, where he is in charge of the human resources procurement and group shared-services activities. A2A is a Milan-based life company focused on the environment, water and energy, with more than 13,000 employees. A2A aims to improve the quality of life of its customers, the public and its workforce with the mindset on the planet’s future. Mauro, thank you so much for joining me today.

Mauro Ghilardi: Thank you, Joe. Thanks for inviting me. Pleasure to be here.

Joe Kornik: I’m excited to be able to talk to you today about people and transformation and the future of work, but first, I’m not sure all of our viewers are familiar with A2A, so can you give us a brief overview of the company and your role as people and transformation director?

Mauro Ghilardi: We are an over-13,000-people company. We are dealing with services like energy production and sales. We are dealing with the cleaning of our streets and our cities and then transforming that garbage that we all produce into clean energy. We deal with water services, provide services to the city and the communities we serve. We are mainly based in the north of Italy. We are a Italian national company, but our center is really in the city of Milan and Brescia, where we originated from many years ago.

My role as people and transformation officer is around all the HR aspects and organizational aspects of the job. We call it transformation because we put together services and functions like procurement, which is vital for delivery of our services and our business plan, and the group shared services, which is basically all the back office that provide transactional services to all of our clients and all of our employees.

Joe Kornik: Excellent. So in your role, you’re obviously focused on people and all the various aspects that go into people as they work at a corporation. So as you look ahead to 2030 and beyond, how concerned are you about the looming global talent and skill shortage that we’ve all been hearing a lot about, and what can be done to prepare for the brain drain that may occur over the next decade and beyond?

Mauro Ghilardi: Everybody that is in business, they should be very concerned. The disaffection of a new generation into the classic corporation environment. The fact that we have a lot of brains which are not in the geographic areas where we are residing, and I have to say I’m also concerned about the hands drain. So, the challenge for a company like mine is at the same time to not have enough brains but also not to have enough people on the streets, people that are doing the real job. So, we are definitely concerned. We need to have a better way to link new generations and schools and universities into the corporate world.

As far as Italy’s concerned, as an example, we have a tremendous amount of people who are the so-called NEET — they’re not in education or in training and not employed. We have a large amount of our potential workforce which in fact is not there. The other element is our inability to transform, internally, our company’s employees into a new workforce. The two things that I’m looking at are, how do I better attract the new generation and talent into my workforce, and how do I transform my employees into something which is still employable in our company or eventually elsewhere?

Joe Kornik: That’s interesting. I know another big aspect of your role is culture, which has taken a pretty significant hit during the pandemic. How can culture companies — that is, firms that have historically had an advantage because they are just simply great places to work — ensure that they don’t lose that advantage, that differentiator, as we move forward into a totally new work reality in the future?

Mauro Ghilardi: Culture is a fascinating element of my role, obviously, and we’ve been lucky to redefine ourselves as a life company. I will tell you in a second why we consider ourselves as a life company, but that sense of culture is strengthening us very much to the ground, to the basis of our ethos, to why we are in business. But I do think of a cultural company potentially becoming a disadvantage for many of them, because culture tends to be very monolithic, very static. And the keyword for the next decade is going to be adaptation, is going to be adaptability, is going to be “ability to change fast and to react fast.” And the culture of the future that I imagine is a culture founded on principles, on values, but also, at the same time, to be able to quickly move and quickly adapt and incorporate new ways of doing business and new ways of thinking. Adaptability, to me, is the key for the next decade.

Joe Kornik: That sounds like a big challenge for the corner offices — for those who that are in power — to be able to be nimble and to be able to move along those lines that you mentioned. Along those same lines, we can talk about employee engagement, because that’s a key factor as we move forward as well. How can those business leaders make sure their employees are invested in the company’s values, the purpose? Do you think alignment on those values and purpose will be more important in the future as we look to work in, say, 2030 and beyond?

Mauro Ghilardi: Yes, there is a definite trend. I’ve been in business for way too many years, as my gray hair suggests, and I remember the days in which we were looking at the statistics and demographic research, and it was telling us that the new generation at that time — I was in that generation, probably — was looking at companies which are more solidly rooted into values and do good things, and this is becoming more and more relevant.<>Imagine the famous letter of Larry Fink 20 years ago. This was unbelievably bold to think of. We, as a company, we owe to ourselves, to our future, to have a solid grounded principle, solid grounded values, and that’s why, as a company, we call ourselves a life company. The reason is very simply because we deal with the element of life. We deal with the earth, with the ground, we deal with energy or fire, we deal with water, and we deal with air. We do manage these types of element, and this has helped us in keeping our engagement level very high. It’s easy for us to tell our employees that whatever they do, the way they do their business, is going to be good for their families, for their communities, for future generations, because the way we deal with that is going to be important 50, 100, 200 years from now.

Now, we are lucky because we are in that type of business. There are other companies in which the connection between values or community or environment is much more looser. But that’s the way companies should need to think — how they can connect to a bigger purpose — because that’s the way that people feel engaged. Again, this is true for the 20-year-old people and the 60-year-old people. This is true for everybody, because the 20s are thinking of their own families, and the 60s are thinking of their grandchildren, eventually. That’s a connection that can go through generations as well.

Joe Kornik: It sounds like that could be a real differentiator for A2A if you’ve got purpose and values already built into your mission statement, essentially. Everything I’ve read says that this next generation, and even the generation after that, will be a lot more engaged in terms of the type of work they’re doing — not just a job for a paycheck or for healthcare benefits or whatnot, but they’ll be engaged in the actual work they’re doing. That’s a real differentiator for your company. Do you see it that way as well?

Mauro Ghilardi: I do see it that way. Plus, I do see the accountability that comes with it. When, last year, we defined ourselves as a life company, I was thinking, “If we do something wrong” —and in business, things might go wrong, especially in some types of business — “how do we judge ourselves, how will the people judge us as the leader of this company,” because if you are a normal company, it’s bad enough. But if you are a life company and something happens to you, it’s much worse. The bar was lifted very high, and this gives us much more accountability and responsibility over what we do.

At the same time, it motivates our people much more, and when I talk, I go around in the virtual corridor these days, and I hear more and more people proud of what we do and feeling more engaged and more attached. Joe, I often refer to, especially in Italy, the concept of family — a company that is a mother or is a family is always referred to as a good way of things. I do like to think that companies should be more as a club — a club in which you decide to go, and you decide to stay, because you like the members and you like the purpose of the club. A family is, no matter what, good or bad, something you don’t choose — it is something that you have, especially your originating family. So, I like to think of company as a club, and A2A has to be a club in which people decide to come, decide to stay and decide to engage with. And having a strong sense of values and purpose definitely helped to build that club.

Joe Kornik: I would think that’s a big advantage, and one of the big challenges right now, as you know, worldwide is retention. All of that is a huge issue for HR managers and business leaders. We’re living through the Great Resignation right now, and all signs indicate that younger workers will continue to switch jobs and even careers frequently. That’s a growing trend when we talk about the future of work, career shifts and switching careers midway through. That’s got to be a huge challenge. Is there a playbook to navigate that?

Mauro Ghilardi: If I had a playbook, I would be here interviewing about my next book. No, I do have a few basic suggestions. One is to be brave as a company and to strive for excellence in the broader sense. Another one is to select your people according to your same values, and don’t be afraid of difference of opinion. The core and the values have to be the same in my mind, but people have to be able to express themselves in different ways. The other thing is to have, as much as possible, fluidity internally in careers — to allow people to look for that switch of careers that they cannot do internally, and they go outside to do that. How many times do we have people who are changing jobs completely and go to a new company, and you say, “Well, I wish I had known. I wish I could offer that person the same opportunity inside.”

The other thing is, when people are leaving you — and it’s not about only about alumni and things like that — expanding the reach of your company beyond your company limit and, in a way, to be able to collaborate with some of these people, to some of the ecosystem around you in a different way. We have a problem in delivering our numbers not only because of our inability to have enough talent inside but also the inability to have the talented people and companies around us too, because we don’t do everything internally. So, the ability to create that ecosystem and to have a fluctuation and the fluidity between internal and external in your ecosystem is another key to retain talent.

Joe Kornik: And retaining talent is one piece of it, but you mentioned switching careers, and eventually, you will have to find new employees, I’m sure. Growing companies always need new lifeblood — employees are the lifeblood. So, as you do have to recruit and find new employees or retain existing ones, what capabilities, what skill sets, do you think will be in high demand, let’s say, a decade from now, and how is that different from today?

Mauro Ghilardi: Let me tell you something which maybe the listeners will be surprised by. I don’t want to venture to say what is going to be the next specific skill in the next decade. If you look back 10 years ago, who would be able to say that the keywords of 2022 would have been sustainability, digitalization and all these things. This word probably didn’t even exist 10 years ago. What I’m looking at is collaboration. Collaboration is in short supply in the world. I do see most of the companies struggling with having people working together and having the ability to find people that are generally passionate about working with others and delivering results through others with others. It’s a key thing. Collaboration is going to be key today. It is key today, and it’s going to be key 10 years from now.

Curiosity and ability to learn is the other key thing, because we don’t know what is going to happen 10 years from now. You know, people are eager to learn, and the company has to be able to keep that eagerness and that curiosity alive. Often, we just box people and leave it there, and people come in with their brain in the morning and put it in a locker, don’t use it through the day and pick it back up again. That ability to have people that want to keep that brain alive and a company that allows them to do that are the two things that I would look at.

Joe Kornik: Interesting. I have one more question, and I’ll let you off the hook unless you have any bold predictions you’d like to make for the future, which we always do welcome here at Vision by Protiviti. As you look to 2030 and beyond as it relates to people, talent and transformation, obviously, is there a call to action for executives? What’s your best advice that you could offer business leaders as they look at their own organizations and think out to 2030, 2035, when it comes to people, talent and transformation?

Mauro Ghilardi: There was a famous address of a guy who is gone by now, which was telling young graduates, “Be hungry. Stay foolish.” I would tell my fellow leaders here to be brave, because I tell the new generation to be exigent. When I go and do this similar speech to the new grads or new kids coming to work, I say, “Be exigent — be very exigent with us. Choose your company wisely, and help us to become better.” As a business leader, we need to be brave and not strive for just incremental change, but look for big, revolutionary changes, because by doing that, you are producing a better result for your companies. You are taking risk in the business. Look at the past 10 years. Look at the last two years. Who would have imagined — we are in the energy business — that energy costs would have soared so much? If you’re not brave enough, if you’re not quick enough in reacting, you’re going to be out of business in the blink of an eye.

Joe Kornik: Thank you so much for that. Any bold predictions before I let you go? I like to ask people if in 10 years’ time, will people be more satisfied with their jobs? Will people be happier employees? Will they be more engaged? That would be the goal, that would be the dream, and some people are today, but I would love to get to a place where more people are. Are you optimistic about the future in that sense?

Mauro Ghilardi: I am very optimistic about the future, but that’s because the way I am. If I look back at the past 10 years, things have changed dramatically. If I look at the people I know, they have shifted jobs so frequently — myself as well. I’m happy about the way companies are working, because it seems to me that companies are taking more and more accountability on things where the government and the society have left empty spaces. We, as a company, are more accountable. Because of that, and because we know that we need to keep our people engaged and happy, I’m very optimistic about that. It’s going to be difficult, definitely, but there is much more opportunity by doing that than by not doing it. Yes, I am very optimistic.

Joe Kornik: Excellent. What a great way to end our time together. Mauro, thank you so much for those insights and for that look inside A2A as far as people and transformation goes. Fascinating discussion, and thank you for joining us at home on the VISION by Protiviti interview. We’ll see you next time.

Close transcript

ABOUT

Mauro Ghilardi
Chief People & Transformation Officer
A2A

Mauro Ghilardi, Chief People & Transformation Officer at A2A, which aims is to improve the quality of life of its customers, the public and its workforce, with a mindset on the Planet’s future.  Mauro is genuinely passionate about changing company cultures and environment to create sustainable growth; has worked over 30 years in HR at different levels, mainly with regional or global roles. An Italian national, he has worked in Italy, France, Switzerland, USA and Brazil. Most recent experiences includes leading the HR functions for different Novartis and Zurich Insurance businesses and being the Group CHRO for BTG Pactual (private bank) and Ferrovie dello Stato Italiane (Italian Railways, 80.000+ employees). Now with A2A, a 13.000 employees’ company engaged in circular economy and energy transition activities, where he is in charge of the HR, Procurement and Group Shared Services functions as their Chief People and Transformation Officer.

Add a Comment
CAPTCHA
3 + 2 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
* Required

Protiviti-Oxford Survey: Executives say emerging technologies will add jobs over the next decade

Protiviti-Oxford Survey: Executives say emerging technologies will add jobs over the next decade

It’s probably not surprising that emerging technology’s role in the future of work, the workforce and workplaces is top of mind for global business leaders; what is surprising is nearly three quarters (74%) of those executives believe digital and emerging technologies will add jobs and increase the size of their workforce over the next decade.


That should help allay some of the fears of workers that emerging technologies, especially artificial intelligence (AI) and machine learning, will be job killers in the future. The data, among the key findings from the University of Oxford-Protiviti survey, suggest business leaders expect those technologies will lead to more jobs, not fewer, in 10 years’ time. The VISION by Protiviti report, “Executive Outlook on the Future of Work, 2030 and Beyond,” highlights current and future of work trends, ranging from human capital and employee engagement to AI and the emerging technologies driving digital transformation.

A staggering 88% of global business executives say AI will be key for a “radical transformation” of their company over the next decade. When asked about the specific technologies that will drive radical transformation and growth, “artificial intelligence and machine learning” took the top spot, followed by “system integration” and “autonomous robots.”

Meanwhile, the vast majority of executives surveyed expect emerging technologies to cause a fundamental shift in the type of work employees will be doing in a decade. Some 86% say the types of jobs employees will perform in the future will be different from today—a figure that remains unchanged based on where a company is headquartered globally.

The Great Resignation and Talent Retention

Business leaders also responded to questions about another dominant trend: talent retention amid what’s been commonly referred to as the “Great Resignation” or the “Great Reshuffle.” Retention and turnover remain a top concern among executives (83%) worldwide. That number jumps to 95% in North America versus 71% of Asia Pacific business leaders. Europe, meanwhile, mirrors the global number.

Surprisingly, despite the current environment, 84% of executives believe employee loyalty will increase over the next decade—a number that reaches 95% among North American leaders.

While they remain optimistic about retaining talent, executives are less so when it comes to finding and securing skilled workers to fill open roles in the future. When queried, 86% expressed concern about a potential shortage of qualified workers over the next 10 years. In North American, that number jumps to a jaw-dropping 97%; among Asia Pacific executives, it dips to 75%. Once again, Europe settles in the middle.

download your copy of the Oxford University & Protiviti survey: Executive Outlook on the Future of Work, 2030 and Beyond.

AI can ease some of the pain of finding talent; 85% of global executives say AI and automated recruitment processes will become more important for hiring over the next decade. That’s not the only traditional HR function that will get a boost from AI, as 76% say they expect the automated delivery of training based on artificial intelligence to improve the skills of their employees in the future.

How, When and Where We’ll Work

Not surprisingly, executives say where and how we’ll work in 2030 and beyond will be vastly different. Pre pandemic, some 78% of global employees worked in a company office location. By 2032, executives expect that number to be down to 30%. In North America, those numbers are 95% and 31%, respectively—down 61 percentage points. Globally, 70% of business leaders expect their companies will be embracing a hybrid working model in 2032, up from 22% pre pandemic.

While the changes in how and where we work will be dramatic, maybe not so much the when. Largely, executives say the standard work week could remain largely unchanged in the future. In what could be seen as a reaction to the pandemic and the current lack of a consistent work week, nearly two-thirds (66%) of leaders think the standard work week—defined as five days and 40 hours in the survey—will be more prevalent a decade from now. That number increases to 78% among North American executives.

Most executives are also keen on the idea of having new employees in a more traditional office setting, citing “efficiency”, “collaboration” and “more effective outcomes” as the biggest advantages to working side-by-side with colleagues.

Meanwhile, perhaps surprisingly, 57% of business leaders say they will mandate how, when and where employees will work in 2032. Considering the flexibility that many employees have had over the last two years, it seems someone is in for a rude awakening.

Read transcript

PROTIVITI-OXFORD SURVEY: EXECUTIVES SAY EMERGING TECHNOLOGIES WILL ADD JOBS OVER THE NEXT DECADE - Video transcript

Joe Kornik: Welcome to the VISION by Protiviti interview. I’m Joe Kornik, Editor-in-Chief of VISION by Protiviti, where we’re looking to the future to examine the big topics that will impact businesses worldwide over the next decade and beyond.

Today, I’m excited to speak with David Howard, an associate professor at the University of Oxford, and codirector of the Global Center on Healthcare and Urbanization at Kellogg College, Oxford. David was one of three members of our Oxford team that helped VISION by Protiviti conduct the survey, analyze the results and coauthor the Executive Outlook on the Future of Work, 2030 and Beyond research report. David, thank you so much for joining me today.

David Howard: Great to be here, Joe. Thanks so much for inviting me. I look forward to talking about the survey. There are some really exciting results and findings coming out.

Kornik: Yes, we’re excited about it too, David. Thanks to you and your team for helping us put it together. This is a pretty good-sized survey of 250 C-level executives worldwide about work a decade from now. What would you say is the big takeaway? What’s the big headline from these results?

Howard: In terms of business leaders from around the world, 86% believe that the type of work that their employees will be doing in 2030 will be different than what it is today. That’s a massive transformation in terms of not only how we manage and lead the workforce but also how the workforce responds to changing climates. The other aspect was that technology clearly is a key, and 80% of business leaders recognize that technology would be transformative in terms of the way their business is operated in 10 years’ time, and about 88% recognize that AI — artificial intelligence — will be a key transformative agent within their business context.

The other aspect of that is that while technology is increasingly important, and rapidly so, we only need to look at last two years in terms of the pandemic and how we are now conversing online together. But one of the key aspects given this transformation of the workplace is that 86% of all business leaders recognize that they might find a shortage in terms of skilled labor to engage in their business in 10 years’ time.

Overall, the results show the importance of new and emerging technologies, but also the importance of having a skilled labor force that can engage with and make these technologies profitable for their businesses.

Kornik: A lot a lot of great takeaways. The survey talked a lot about the things you mentioned — certainly, technology and a skilled workforce, labor shortages, etc. The questions covered all aspects — technology, talent, culture, collaboration, jobs and even offices of the future. When you dig down into those specific areas, you’ve already talked about technology a little bit, but what are some of the thoughts around some of those other key areas the survey covered?

Howard: The survey was undertaken in interesting times, in January and February 2022, and it is at a time when many countries and economies are emerging out of the pandemic. A lot of the research on the future of work was undertaken before the pandemic, and now our lives have changed. Our work regimes, the way we manage people, has changed. And what we asked the business leaders to think about was the work they were doing today, but also how to change in 10 years and beyond.

And their response was that 78% of their company’s employees were working in the office before the COVID-19 pandemic, and they’re envisioning that in 10 years’ time, 70% will likely be working some hybrid format between home or communal workspaces, but not in the office. That hybrid format has been, as we know, a massive transformation. But most business leaders recognize that this will remain, and in 10 years’ time, they will be working with a workforce in which 70% will be hybrid.

Kornik: That’s interesting. It’s a global survey, and there’s a lot of back-and-forth when we talk about the different geographies and how the perceptions are different from business leaders in North America versus Europe or Asia-Pacific. There were some interesting differences among those leaders and those three geos. What stood out to you from a geographic perspective?

Howard: There was a recognition across the board that technology is changing business. That was one of the clear takeaways from the survey. But in terms of regional differences, there are some quite stark, anomalous ones. Seventy-eight percent of businesses in North America thought that quantum computing will have no relevance to their business in 2030. When we look at those respondents in Europe and Asia, over 50% say quantum computing will not only have an impact but will have a significantly transformative impact in terms of their business networks and their business operations. There seems to be a quite a stark regional difference in the recognition of the importance of quantum computing.

Kornik: That’s interesting and surprising.

Howard: Joe, can I also add another stark difference? We probably think that our standard working week, five days a week, 40 hours a week, is going to change — as we’re here now, online, etc. — that somehow, the way we live our daily lives and the way we work through our daily lives will change. But the survey says, again, there’s a regional disparity: In North America, 78% of the business leaders said the standard working week would remain quite prevalent — that we would be thinking about five days a week, 40 hours a week, etc. But when we look at the respondents of the business leaders in the Asia-Pacific region, only 35% of the business leaders see the standard working week as having any relevance in 10 years’ time. There seems to be — I wouldn’t say a flexibility, but a very different outlook in terms of how those business leaders in North America and Asia-Pacific view what they might consider a standard working week.

Kornik: Yeah, very interesting. There are a couple of surprises in there. There are always a couple of findings in the surveys that keep us scratching our heads and seem counterintuitive, and you just highlighted a few of them. Can you share any others? Were there any other moments where you thought, “This doesn’t quite make sense?” Or “Let me flip this around and figure out why we’re seeing this result,” perhaps, and it might feel like we shouldn’t be seeing that result?

Howard: From the outside, we recognized that 86% of business leaders thought that staff retention would be an issue in 10 years’ time. But then we also have the notion that 84% of business leaders believe that their employees will be more loyal — that staff loyalty will be increased in 10 years’ time. So, there’s an interesting dilemma: You could say that if business leaders are talking about their own company, they’re thinking, “My company’s good, and my workers are loyal.” But there seems to be a bit of a quandary there. And that increases if we look at them in terms of the responses from North American business leaders — that 95% express concern about staff retention, but also, 95% believe that the loyalty to their company would increase in 10 years’ time.

So, there’s a dilemma there, and the explanation? I don’t know. In some ways, the positive explanation is that businesses know they’re going to be putting a lot of effort and a lot of money and a lot of time and energy into retraining their staff, making sure their staff are upskilled and able to respond to the technological challenges. And on that basis, they’re saying, “We’re going to put a lot of effort into training our workforce, and therefore, we are expecting them to remain loyal to our company and our brand,” etc.

Kornik: One thing that I thought was pretty interesting, David, was, we talked a lot about AI and all of the technology that will be so integral over the next decade. And typically, a lot of people think that AI could be a job killer, or it could decrease the number of jobs. But there was a finding in the survey that indicated that most companies think their workforces will be larger 10 years down the road, even though AI and technology and emerging technologies would be such a big part of it. Do you see that as a disconnect, or do you think that makes complete sense?

Howard: I think bringing in AI to make your company more efficient will be more productive, so there’s an optimism there that we can use technology to expand. The notion was, as you said, that automation would reduce the number of people working on specific jobs, and that that will be the case. But also, if you look at the trends in terms of upskilling, retraining, getting a workforce with greater capacity, then you could say, yes, if we engage with AI, if we have the skilled workforce, if we’re investing in our employees, then this not only will increase profits and revenue and our company’s success but will also allow us to expand the business per se. So, in terms of the business leaders’ response, there is quite a positive correlation between AI and the growth of their workforce, and the growth of the success of the business.

You’re right. It’s a very optimistic outlook, although there are some anomalies and a few surprises in there, which I think are worth considering. And particularly, individual business leaders might want to say, “Where am I now, because we were responding to changes from the last couple of years?” But those ahead of the game are thinking about the next decade or beyond, because we can see a massive change in not only the way we work but also how our employees work, and what the goals are going to be for businesses in the future.

Kornik: David, that’s one of the big differentiators around this particular survey that we’ve done together: We’re looking at a decade out. There are a lot of surveys about the future of work that are a lot more focused on the next six months or a year or even two years, but we’re asking them to look a lot further out.<>Here’s a last question from me: When you look at the survey as a whole, when you dig into how these global C-level executives are looking at workforces and workplaces in 2030 and beyond, what do you think the key takeaways are for senior executives?  Overall, would you say it feels like they’re prepared, or do you think there’s work to be done? And if so, what should they be doing to get themselves ready for the future of work a decade out?

Howard: The responses are optimistic, but I think they’re grounded in reality. There was a report by the World Bank in 2019 — just on the cusp of the pandemic, before we heard the word COVID-19 — and that World Bank report looked at the changing nature of work, and those trends are ongoing. They’ve been intensified during COVID-19.

The two key trends were the influence of technology and automation, but also the importance of upskilling and retraining the workforce. And those still hold true — they’re the things that forward-looking business leaders are thinking about, and the survey does suggest that yes, as we said, over 80% recognize the need to adapt changing technologies, but also, over 80% recognize that they might face a labor shortage in terms of skilled labor unless they invest their energy, time and focus in retraining their labor force. And then we might say that that might be the reason employee engagement and loyalty to an employee is perceived to be increasingly in 10 years’ time. So, it is an interesting context. But again, if you’re going to be ahead and be out there, that’s where you need to be thinking — not only the next decade but also a decade beyond that decade.

Kornik: David, thank you so much for your insights. You can get those insights and a lot more in the full report that’s out right now, the Protiviti-Oxford report. David, thank you so much for your time today and your insights. We really appreciate it.

Howard: Thank you, Joe. It’s a great report and an enjoyable read.

Kornik: And thank you for watching the VISION by Protiviti interview. I’m Joe Kornik. We’ll see you next time.

 

Close transcript

Download your copy of the Oxford University & Protiviti survey: Executive Outlook on the Future of Work, 2030 and Beyond.

70%

Globally, 70% of business leaders expect their companies will be embracing a hybrid working model in 2032, up from 22% pre pandemic.

Dr. David Howard, Director of Studies, Sustainable Urban Development Program, University of Oxford and a Fellow of Kellogg College, Oxford. He is Director for the DPhil in Sustainable Urban Development and Director of Studies for the Sustainable Urban Development Program at the University of Oxford, which promotes lifelong learning for those with professional and personal interests in urban development. David is also Co-Director of the Global Centre on Healthcare and Urbanization at Kellogg College, which hosts public debates and promotes research on key urban issues.

David Howard
University of Oxford
View bio

Dr. Nigel Mehdi is Course Director in Sustainable Urban Development, University of Oxford. An urban economist by background, Mehdi is a chartered surveyor working at the intersection of information technology, the built environment and urban sustainability. Nigel gained his PhD in Real Estate Economics from the London School of Economics and he holds postgraduate qualifications in Politics, Development and Democratic Education, Digital Education and Software Engineering. He is a Fellow at Kellogg College.

Nigel Mehdi
University of Oxford
View bio

Dr. Vlad Mykhnenko is an Associate Professor, Sustainable Urban Development, University of Oxford. He is an economic geographer, whose research agenda revolves around one key question: “What can economic geography contribute to our understanding of this or that problem?” Substantively, Mykhnenko’s academic research is devoted to geographical political economy – a trans-disciplinary study of the variegated landscape of capitalism. Since 2003, he has produced well over 100 research outputs, including books, journal articles, other documents, and digital artefacts.

Vlad Mykhnenko
University of Oxford
View bio
Add a Comment
CAPTCHA
11 + 9 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
* Required

Protiviti’s Fran Maxwell visits the workplace of 2035

Protiviti’s Fran Maxwell visits the workplace of 2035

For more than a century, science fiction has produced tantalizing, eerily accurate previews of the future.

Video calls appeared in the 1968 movie 2001: A Space Odyssey, not long after Ian Fleming (creator of James Bond) wrote about a flying car. The Jetsons enjoyed 3D-printed meals, and Star Trek communicators provided an early use case for flip phones. Ray Bradbury described air pods in the 1940s, Mark Twain once wrote about something that sounds more than a little like the Internet, and Mary Shelley foretold organ transplants in the early 19th Century.


ABOUT

Fran Maxwell
Managing Director
Protiviti

Fran Maxwell is Protiviti’s global lead of the firm’s Workforce and Organizational Transformation segment within the Business Performance Improvement solution. Based in Phoenix, he brings to Protiviti more than 21 years of experience in human resources consulting. Before joining Protiviti, Fran held progressive leadership roles at Willis Towers Watson (previously Towers Watson), most recently as Managing Director – Market Leader and Client Management Leader. Earlier roles at the firm included Director of Business Development and Strategy, Workday Implementation Practice Lead, Director of HR Service Delivery and Workday Sales, and Americas Sales and Marketing Leader.

During the past two pandemic years, reality has delivered similarly enticing glimpses of possible futures across many realms, including a vivid preview of the workplace of the future. While the pandemic clearly reconfigured where we work, COVID-19 challenges also accelerated pivotal trends concerning how and when we work. All three dimensions will look markedly different in the workplace of 2035.

Where, when and how?

The pandemic showed organizational leaders what is possible. Without the imposition of social distancing protocols and the threat of business closures, we might not have discovered that large, complex organizations can execute a massive workforce transformation so nimbly. The remote work mobilization and the thousands of related adjustments and insights it generated provide leaders with a rare opportunity to leverage those hard-earned lessons by asking what else is possible.

During the next several years, we will continue to focus on where work is performed amid shifting employee preferences, a long-term talent crunch and the pandemic’s uncertain wake. As we iron out a new approach based on some combination of in-person, remote and hybrid working models, the role of the office is quietly transforming.

We already see some companies and industries reimagining and restructuring the physical office to foster meaningful workforce connections, collaborations and celebrations. The office of the future will be designed and managed for the care and feeding of the corporate culture. Leading organizations already are implementing rotating schedules so that different teams and groups take turns coming together periodically in configurable, shared workspaces.

In addition, during the past two years, large swaths of the workforce experienced the newfound ability to choose when they work. Suddenly, remote professionals with young children at home took care of more business later in the evening and in the wee hours, for example. Others learned how to align working hours with their circadian rhythms to elevate performance and reduce stress. Some workers logged too many hours and experienced burnout.

How and when work are performed are also being reimagined. The current talent crunch has intensified the use of the contingent workforce while hastening the adoption of advanced technologies, such as artificial intelligence (AI) and machine learning, that help organizations produce more and better work with fewer human resources.

Leaders and direct managers must respond to these opportunities and risks — and many more like them. When it comes to the adoption of advanced technologies, for example, we see leaders clarifying their messages to the workforce by pinpointing the value employees gain from automation and AI skills — and the role that personal development plays in deploying the organization’s global talent footprint more efficiently and effectively.

Image
Aerial view of business professionals sitting at a conference table of the future

Five aspects of the future workplace

In 1964, The New York Times enlisted Isaac Asimov, one of the world’s most renowned sci-fi authors, to mark New York’s World Fair by imagining what the World’s Fair of 2014 would offer five decades later.

“Much effort will be put into the designing of vehicles with ‘Robot-brains’ — vehicles that can be set for particular destinations and that will then proceed there without interference by the slow reflexes of a human driver,” Asimov wrote. “I suspect one of the major attractions of the 2014 fair will be rides on small roboticized cars which will maneuver in crowds at the two-foot level, neatly and automatically avoiding each other.”

That prognostication wasn’t far off. As far as how our workplaces will look in 2035, I don’t know for certain, but — to quote Asimov from the aforementioned New York Times article — “I can guess”:

1. Offices are not for working

At least not in the conventional sense. Companies deploy highly configurable office real estate assets to conduct a range of activities designed to build teams, spark connections and innovations, strengthen retention, and enhance the resilience and value of their organizational cultures.

2. The line between upskilling and retention has blurred

Actually, organizational leaders should start thinking about upskilling programs and retention strategies simultaneously right now. We know upskilling is needed today to get employees proficient in automation in all its forms, AI and quantum computing (and in other yet-to-emerge technological advancements tomorrow). Without sufficient, commensurate attention to retention, employees will hop to better-paying competitors after their organization invests in their upskilling.

3. Employee experience is a competitive differentiator

Mapped to align with the customer experience, the employee experience reflects the organization’s employee value proposition and addresses the unique and, at times, oppositional needs and expectations of different generational segments and sub-segments.

4. The contingent workforce is part of the culture

Rather than relegating contingent workers to discrete projects and largely task-based assignments, organizations leverage this labor source to achieve more strategic returns, including the development of new capabilities. A new mindset also pervades as organizational and HR leaders invest more thought and effort in framing and supporting how contingent workers are part of the organizational culture.

5. Direct managers are rock stars

Direct managers (who oversee other employees and operations of a business) operate as organizational ambassadors and stewards of the culture given their day-to-day influence on the employee experience. They are fully aligned with a positive, collaborative tone set at the top.

Of course, predictions are difficult. The underground suburban houses, moon colonies and orbiting solar power stations Asimov predicted in 1964 would not be featured in a 2022 World’s Fair. Yet, Asimov also wrote that the 2014 world “will have few routine jobs … that cannot be done better by some machine than by any human being.” The trick in 2035 will be finding, keeping, fulfilling and continually developing human beings who can use those machines to optimize both the customer experience and their own.

Without sufficient, commensurate attention to retention, employees will hop to better-paying competitors after their organization invests in their upskilling.

Add a Comment
CAPTCHA
8 + 3 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
* Required

How game-changing tech will revolutionize work with Dr. Ayesha Khanna, CEO of Addo AI

How game-changing tech will revolutionize work with Dr. Ayesha Khanna, CEO of Addo AI

In this VISION by Protiviti interview, Joe Kornik sits down with Dr. Ayesha Khanna, Co-Founder and CEO of ADDO AI, an artificial intelligence solutions firm and incubator. She has been a strategic advisor on artificial intelligence, smart cities and fintech to leading corporations and governments. Khanna serves on the Board of Infocomm Media Development Authority, the Singapore government's agency that develops and regulates its technology sector to drive the country's digital economy and power its Smart Nation vision. She is also a member of the World Economic Forum's Global Future Councils, a community of international experts who provide thought leadership on the impact and governance of emerging technologies like artificial intelligence. Khanna says we should all think of AI as “our little assistant to help us becomes more efficient and productive” in the future.


Read transcript

HOW GAME-CHANGING TECH WILL REVOLUTIONIZE WORK WITH DR. AYESHA KHANNA, CEO OF ADDO AI - Video transcript

Joe Kornik: Welcome to the VISION by Protiviti interview. I’m Joe Kornik, Editor-in-Chief of VISION by Protiviti, where we look into the future to examine the implications of big topics that will impact businesses worldwide over the next decade and beyond.

We’ve got a great guest today as we welcome Dr. Ayesha Khanna, cofounder and CEO of Addo AI, an artificial intelligence solutions firm and incubator. She has been a strategic adviser on artificial intelligence, smart cities and fintech to leading corporations and governments. Ayesha serves on the board of the Infocomm Media Development Authority, Singapore’s government agency that develops and regulates its world-class technology sector to drive the country’s digital economy and power its Smart Nation initiative.

Ayesha is also a member of the World Economic Forum’s Global Future Councils, a community of international experts who provide thought leadership on the impact and governance of emerging technologies like artificial intelligence. Ayesha was named one of Southeast Asia’s groundbreaking female entrepreneurs by Forbes magazine in 2018, and Addo AI was featured by the publication as one of four leading artificial intelligence companies in Asia. Ayesha, welcome to the program.

Ayesha Khanna: Thank you so much for having me here.

Kornik: So, you’re the cofounder of Addo AI, an artificial intelligence advisory firm, and I think we can all agree that AI is going to radically transform how we work in the future. There are a lot of technologies I want to talk to you about, but let’s start with AI. Can you talk to me about AI and its impact? It’s already having an impact, but let’s talk about the impact it’s having, and then the impact it will have, on work over the next, let’s say, decade.

Khanna: The biggest impact that AI is having is that it has become a new team member in the workplace, and that’s the way we should look at it. It’s there as everyone’s little assistant, taking away a lot of the grunt work that we did, whether it’s legal, it’s HR, it’s manufacturing on the factory floor or it’s even doctors who are helping personalize their recommendations of diagnostics and prognosis for patients.

Once you have AI, it does a couple of things: First, it makes the work more efficient so you’re taking less time to achieve the same thing, which means now you can do other things that are of strategic value. The second thing that it does is, it allows you to optimize your work as well, which means without changing anything, for example, you’re getting more output in terms of if you are in a factory, you’re actually making a lot more output from the same inputs. Or, if you’re delivering goods, like we do with a large transport company, then you’re able to deliver more goods during the same time frame. These two are really important, and we haven’t even touched on the innovation, where you can transform yourself and serve your customers better.

Kornik: When a lot of people talk or think about AI, they think about the potential, for one. But a lot of people also are concerned that AI may make their job obsolete — it may make jobs go away. I always hear AI and the loss-of-jobs comparison made, and surely, with technology, some jobs will go away and probably won’t come back. But I know that you talk a lot about amplifying human potential in the technology revolution. So, how do we do this?

Khanna: That’s such a good question. People should be asking this question, because it’s true: Parts of every job, some tasks, will get automated, but that doesn’t mean the job goes away, the role goes away. If anything, it transforms into something that is easier for humans to do, which is emphasize the client, think about the larger strategy, enter new markets, design new products — that’s a much better use of the holistic skills that human beings have, the out-of-the-box thinking we’re capable of doing, rather than doing repetitive tasks every day. That’s what AI is.

That’s why I always say, instead of thinking of AI as a threat, if we just changed our mindset and thought of it as our little assistant, then we would have a much better perspective on it, and we would actually then feel empowered instead of threatened to go and get some new skills to go to the boardroom, to go to the leadership, and have ideas because we have a little assistant who’s doing the analytics and the forecasting and the optimization for us.

Kornik: So, Ayesha, I know that you deal with more than just AI. Since I have such a technology-savvy person on my show today, I want to ask you about other game-changing technologies that will have major impacts on the future of work, and I’d like to think like a decade out. If you could think about 2030 and beyond, what are the game changers in terms of technology?

Khanna: There are about three game changers that that are going to immediately have an impact: One is with the Internet of Things and 5G. For the first time, we are going to have data which is just not between people, but a lot more with things. It’s almost like every object around you becomes digital — the building becomes digital, every aspect of your kitchen becomes digital. So, what does that do to our lifestyle, to our work? It absolutely changes the way that we interact with each other and with our environment, and it hopefully makes it easier for us to personalize a more meaningful, efficient environment around us.

The second thing that is going to be very meaningful for the future of work is going to be the metaverse. This is when we’re using virtual reality to engage digitally with social presence in completely alternate universes rather than our physical spaces. This also changes the future of work, in terms of how we work with international colleagues, and, of course, it opens up so many more colleagues than one has just through Zoom. But it also opens up new kinds of work that will emerge — everything from fashion designers for digital clothing to more game makers to entirely new education classes being given in the metaverse.

Then, of course, we have robotics. We haven’t really seen robots — we’ve seen them either in the movies or we’ve seen the Roombas, but even if you come to cities like Singapore, it’s now become usual for us to go into the street and have vacuum cleaners, or in airports everywhere, there are robots that talk to you and say, “Please, could you have some social distancing” or “Could you throw that away?” We go to restaurants, we have robotic baristas and I haven’t seen that so much in the rest of the world, but we will live amongst machines and we will live in machine environments.

There are two things that happened: One, we need to anticipate this as employees, as leaders, as entrepreneurs, and we need to both adapt to it as workers and need to kind of think about it in an exciting and innovative way as entrepreneurs in our company. But then there’s always a third part: We have to have our ethics and our critical thinking hat around us and think about any unintended consequences. This allows us who work every day in our adult life, almost all of our other life, to enter into a new world of possibilities and to exercise every part of our brain and mind and creative juices to come up with responsible and exciting and interesting ways to serve customers.

Kornik: Interesting. Certainly, I’m not seeing a ton of robots around New York City yet. I’m sure they’re on their way. You mentioned the metaverse, and I’m curious: We’re in the early stages of the metaverse, and I’m wondering, the business applications, do you see it more as something that’s just fun to play around with? At what point do you think it becomes serious business, and how will the business applications of the metaverse be utilized?

Khanna: It’s absolutely going to become serious business, and there are 3.46 billion gamers in the world who are used to this environment. Remember, just because we are not gaming all the time doesn’t mean that there isn’t almost half the population that understands what it’s like to socially interact, to do trading — in other words, to have a digital economy. Now, the question is, what else can you do there?

Already, we’re seeing startups that are providing education in the metaverse — where, if you combine virtual reality and surgical rooms, for example, imagine doctors can experience unexpected crisis moments when a vein bursts, for example, instead of experiencing it for the first time in reality. This has shown to help some trainees deal better with unexpected situations. That’s just one little example. Another one is, if you literally want to have a concert for your entertainment, and you don’t want to spend huge amounts of money traveling around the world putting up unsustainably large concerts, Roblox has had many top pop stars earn millions of dollars — some of whom are not very well known.

It also opens up this whole area of independent creators to have access to another place without having to spend so much on marketing. NFTs — owning digital assets, how will it change the way that we actually talk about digital ownership? I’m working on some of these issues with some lawyers right here in Singapore. Everywhere you go, whether it is participating in the use cases in the metaverse or trying to build the structures around it, there are so many new jobs that will emerge that this is definitely worth keeping an eye on.

Kornik: That’s fascinating. You mentioned jobs, and obviously, I’ve heard a lot about talent shortages and recruiting and retention and how, specifically, AI could shape that in the future. There’s a role that that AI will play in that. When you look at the future of shaping workforces, will there be a role for AI, and how will that impact recruiting and maybe even retention?

Khanna: Artificial intelligence has a huge role in identifying talent, but not in a way that that takes in the unconscious biases that humans have had. If it’s designed properly, then it can nudge people. You can have an AI assistant, at a minimum, that is your personal HR counselor that you can talk to and that is giving you advice on what other jobs are available, that is communicating interesting things that you want to the leadership. And you can also have the typical ways of identifying talent by looking at job résumés, by looking at people, the way they answer questions, going beyond typical things like looking at your résumé — democratizing access to great jobs, to great work, by looking at your experience, by being a bit more nuanced, by looking at your skills, by giving you tests to do, by looking at the way you speak about your experience, instead of only hiring the elites. I’m very against elitism in the workplace.

It’s also very good when you think about our aging population. I didn’t talk about biotech, but biotech, and the fact that we’re going to live longer, is another big trend that’s going to affect the future of work. We are going to be with people who are 60, 70, 80, maybe over 100, as colleagues. On the one hand, you have machines and robots, and then, on the other hand, you have people who were never in the workforce when we were growing up because now there’s rejuvenative medicine. There was a case study where they said even elderly grandmothers can operate, and do great construction work that young men do, because they’ll be working with robots, and just think of the world of possibilities. Why should we put people in old people’s homes, where they’re bored? That’s what I mean by amplified potential for everyone across ages, genders, races, geographic locations.

But as always, Joe, as you know, technology has a bad side. We have to keep an eye on it. In other words, we have to make sure that any AI that helps in the workplace is not manipulative, is not biased, and you need a very diverse and inclusive team to build AI. And if we use it properly, then it’s very helpful.

Kornik: I was going to ask you about sort of technology’s role and AI’s role in the many traditional HR functions. There’s a role for it in training or leadership development, talent management, keeping employees engaged. For some of the more traditional HR roles, how do you see AI playing in that space?

Khanna: There are a couple of things: First, recruiting — identifying the right people and allowing people to be adaptive. The problem with HR right now is that it is difficult: There’s a quarterly review. People feel shy about what they want as a career change. They don’t know what’s happening. But if there is a little HR assistant that you have, its job is to observe some of the things you’ve been writing in a confidential manner, some of new meetings you’ve been participating in, and it realizes, “Ayesha, you’ve been doing data science for a long time, but it looks like you’re getting some good feedback on your business skills and the fact that you’re doing some strategy. Have you considered doing that?”

There is a talent war, and you have to keep your employees constantly evolving, learning and feeling that they’re doing exciting things. So, build an entirely different HR culture which is rewarding people as they’re learning because it’s observing them, which humans can’t do alone. It’s observing them in a safe, private manner just for them and giving them those nudges. It is very helpful, and if you allow those nudges to be communicated up to HR, then HR becomes aware of these talents as well and can place you in different geographies or locations or different departments, and that’s what’s going to change.

Kornik: What’s your call to action for business leaders as they prepare for their companies to be human-centric in this technology revolution?

Khanna: The most important thing is to not think that the technology is going to solve your problem, but to sit down with your senior leaders — have a design thinking offsite and say, “Guys, what is our goal?” and then you call in either your data science team or a provocateur. We often go in as provocateurs and ask them, “Guys, this is what we want. How could AI help or disrupt businesses?”

You’re always looking at two things: You’re not just looking at “How can it help me?” You’re also looking at your competitors or an Amazon that comes out of nowhere and takes business away, and then you work backwards from what you know is important to your customers, and you’re trying to understand how they’re changing. You keep your eye on the ball, which is your enterprise or your retail customers, and then work backwards from there and see, what are your competitors doing? How are your client’s preferences changing, and what are your investor goals or stakeholder goals? And then, based on that, you have a plan. Then it has to be very agile — actually, the new word is hyperagile. You need to test things. You begin to have small tests for three months each, and then, very quickly, those couple of tests become these rallying calls for the whole organization.

Now, here’s the difference between the old way — and by “old way,” I mean “a few years ago” — and the new way: In the old way, people would do these little tests, and they were these shiny little objects we talked about in the media, but it wouldn’t lead to at-scale transformation for the company. But now, with the cloud, there’s a way that you can make your technique and ask them. But every little pilot we do, make sure that it builds the foundation for 100 more — just make it right from the start — and this is called modernizing your data architecture.

And if you do that, then, even if that doesn’t work, you set yourself up for four others. You trained for the marathon. You didn’t win the marathon, but guess what? You can now do 17 other sports, and you’re much better and more athletic at it, and that’s really the purpose — to think beyond that one thing, to use it to build your muscles, and it starts with that workshop starting with your leadership team.

Kornik: Ayesha, thank you. I have one final question before I let you go, and it’s one that we like to do here at Vision by Protiviti, which is, we look out, and we ask for bold predictions. I’d like you to look out to, say, 2035. Think about all these technologies, all their potential, and, assuming we get it more right than wrong, what does work look like from a technology perspective in 2035. What may surprise us? What haven’t we thought of?

Khanna: By 2035, we’re going to see a massive change with the metaverse. We’re going to see that at least half of our work is going to be not on Zoom or in the office but in these virtual environments, and we are going to have the ability to simulate every decision that we make in the company by doing forecasting analysis with tools, trying to imagine if we build a new factory, what would happen under different scenarios? There will be digital twins for everything that we do, and this will allow us to experiment with more confidence. It will allow us to be agile and be light on our feet. That’s just the way, and where, we’ll be working.

But talent will be very different. I don’t want to say we’ll be highly dependent on these little assistants, but to a degree, we will, and we’ll each have our own, because right now, we don’t have our own. We have this one that we go and talk to, and it’s some FAQs. But we’ll each have our own little assistant.

Some of us are used to personal assistants, but for the vast majority that are not, it’s really fun. It’s nice to have somebody who’s totally helping you, whether you’re a data scientist or a lawyer or anything. You could ask any questions. I could say, “I’m going to meet an economist. Can you give me — on Romer’s growth theory, just give me an update,” for example. They’ll quickly do that for you, or I’m running this forecast, and it’ll all be voice-driven. You’ll just talking a lot more and typing up less. That will free you up. Not only will give you information, it will also free up your mind, and we don’t remember what it’s like. Even CEOs are in so many meetings all the time. A lot of it is just bureaucracy.

And then, finally, in general, people will not tolerate any kind of unfairness, bias, lack of inclusivity, lack of sustainability, and people will use these metrics. People will use AI to rank companies, especially for consumers. And this kind of thing will not just be people speaking in magazines or conference panels, but values will separate the companies that do well from those that don’t. I think that’s a wonderful evolution, and even though AI will not be responsible for it, it will help all these young people and people who care about the planet use AI and technology to get to that point.<>Joe Kornik: Ayesha, I enjoyed our conversation immensely. That was so enlightening. Thank you so much for taking the time be to with us today.

Khanna: Thank you so much for having me.

Kornik: Thank you at home for watching the VISION by Protiviti interview. I’m Joe Kornik, and we’ll see you next time.

Close transcript

ABOUT

Dr. Ayesha Khanna
Co-Founder and CEO
ADDO AI

Dr. Ayesha Khanna is Co-Founder and CEO of ADDO AI, an artificial intelligence (AI) solutions firm and incubator. She has been a strategic advisor on artificial intelligence, smart cities and fintech to leading corporations and governments. Ayesha serves on the Board of Infocomm Media Development Authority (IMDA), the Singapore government's agency that develops and regulates its world-class technology sector to drive the country's digital economy and power its Smart Nation vision. Ayesha is also a member of the World Economic Forum's Global Future Councils, a community of international experts who provide thought leadership on the impact and governance of emerging technologies like artificial intelligence. In 2017, ADDO AI was featured in Forbes magazine as one of four leading artificial intelligence companies in Asia and Ayesha was named one of South East Asia's groundbreaking female entrepreneurs by Forbes magazine in 2018.

Add a Comment
CAPTCHA
2 + 6 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
* Required

Talking talent and training in 2030 and beyond with HR expert Nigel Jeremy

Talking talent and training in 2030 and beyond with HR expert Nigel Jeremy

Audio file

Joe Kornik, Editor-in-Chief of VISION by Protiviti, sits down with Nigel Jeremy, a globally recognized expert within the HR and learning and development space for the last 30 years, to talk about people and the future of work. Nigel was the former Chief Learning Officer for British Airways and before that, plenty of other firms, including Marks & Spencer, a British multinational retailer with more than 78,000 employees that was voted most admired company for attracting, developing and retaining talent. Today, Nigel's a speaker and expert on the future of work as it relates to people, talent and learning and development.


Read transcript

TALKING TALENT AND TRAINING IN 2030 AND BEYOND WITH HR EXPERT NIGEL JEREMY - Podcast transcript

Joe Kornik: Welcome to the VISION by Protiviti podcast. I’m Joe Kornik, director of brand publishing and editor-in-chief of VISION by Protiviti, our global content resource putting megatrends under the microscope and looking into the future to examine the strategic implications of big topics that will impact the C-suite and executive boardrooms worldwide.

Today, we’re exploring the future of work and all its implications for employees and employers as well as clients and customers over the next decade and beyond. Today, we’ve got a wonderful guest on the podcast, as I’m joined by Nigel Jeremy, a globally recognized expert within the HR and learning and development space. Previously. Nigel was the chief learning officer for British Airways and, before that, lots of others, including Marks & Spencer, a British multinational retailer with some 78,000 employees, which was voted most admired company for attracting, developing and retaining talent while Nigel was calling the shots. He’s been at this for over three decades, and I’m thrilled to welcome him to the show today. Thanks so much for joining us today. Nigel.

Nigel Jeremy: Thank you, Joe. It’s a pleasure to be here.

Kornik: Nigel, I thought we’d be past this point of starting these conversations around COVID-19 and all its various forms. But unfortunately, we do need to start there because we’re essentially now two years since the disruption, and I am curious as to your thoughts and biggest takeaways about how it has impacted talent and the workforce. Maybe some of your thoughts on how we’re doing, and how we did, with the pandemic, and then how you think those last two years will impact the next 10 when we talk about the future of work.

Jeremy: The pandemic obviously has affected every life on the planet. As of today’s date, about 382 million people have already caught COVID-19. Very sadly, six million people have passed away as a result of it. So, that this thing is still with us, and it’s likely to be with us for years to come in some shape or form, even if we learn to live with it somewhat. But there are things about COVID-19 that we have to remember in terms of the world of work. There are still some things that remain true that will not have changed, but clearly, there are some things that will have changed quite dramatically.

I’ll touch on both of those areas very briefly to set this up. Companies are still going to need to be profitable in the future. COVID-19 does not change that, and they will need to grow — they’ll need to evolve and develop their people to be successful. They’ll also need to attract and retain talented employees, but clear direction is no doubt going to continue to be needed from the top too, and leaders will need to engage and inspire their people just like they’ve always done. Employees need to be trained, and we will need to be able to spot talent. And significantly, we still do have a multigenerational workforce in the workplace, and we will need to consider those people for their engagement needs as well.

A lot already remains true when we look at business. But what’s perhaps happened is that the context has changed. The world population, for the first time, has experienced what I would cast as home isolation. We’ve experienced fear as a global community, in terms of our mortality, fear in terms of traveling to work and commuting, whether that’s international or more local, and fear of social contact too. These are things that are shifting the way we’re thinking about our daily lives as well as work in and of itself. The working-from-home routine has come up in any Western society, with any office-based working, a significant amount of home working has now started to happen, and that’s, of course, been coupled by the mass adoption of videoconferencing technology too.

We’ve got some things that are shifting the nature of work that we’re seeing right now as well. But from a psychological perspective, we’re also seeing two things going on: one, frustration, sadness and perhaps boredom with individuals who have been isolating for a little too long and miss the social contact with colleagues and friends and family.

Also, what’s become apparent is that people have been using this increased time at home with slightly less commuting time to take time out to reflect on their lives and their desires and their aspirations and asking themselves in the millions, “Is this actually what I want to do anymore? Should I just do things differently, because the old ways weren’t really working for me?” We’re now seeing that manifesting itself in what’s called the Big Resignation. We’re seeing, particularly in the U.S and the U.K., hundreds of thousands over here, millions in the U.S. looking at either changing career paths dramatically or opting out of work altogether and retiring early, and that’s going to create a big set of pressures for us in terms of our recruitment activity as we move forward.

Undoubtedly, this is a global challenge unprecedented in nature — a huge leadership challenge. We’ve done incredibly well as a global society in terms of dealing with it. I don’t think it’s over yet, but we’re certainly at, hopefully, the beginning of the end or the beginning of the return to some sort of normalization. But what this does, Joe, when you put all of that into context, it gives us some hints and tips in terms of a way forward for business — some of the things that we should be prioritizing right now.

I’ve got three for you, and then I’m sure we’ll get on to the next question. First, I would be talking about organization strategy. This is an opportunity for businesses to reshape and redesign their business. They’ve had a lot of employee shifting going on in the last 12, 18 months. There’s an opportunity, therefore, to relook at their business and, in doing so, start rethinking how serious they are about their corporate- and social-responsibility strategies, because we will come on to generations shortly, about how important some of those things are to some of the younger generations.

But if the pandemic has shown us anything, it’s that businesses that have been seen to do the right thing and support global communities are the ones that will end up winning in terms of brand at the moment. And the companies that haven’t been seen to do that may take a long time to get back to the sort of brand recognition and affiliation that they perhaps previously enjoyed. There’s a piece there on strategy — also, about property portfolio use and real estate use. But again, I’m sure we can cover that in a bit later.

The second piece is the home-working and working-hour activities that businesses now need to start looking at. We have now got to a point where it is seen to be totally acceptable to work from home and, we’ve proven, as a global working society, that it can be done — it can be just as productive — and any barriers to that continuing have to a great extent been removed. But what we also have to consider is that although that might be convenient in terms of efficiency — perhaps not to have to commute so much — we also have to consider that we are by nature social beings, and we do need to be interacting with each other on a physical basis to at least some extent.

We also have to think about how our organization, culture and brand can be maintained if people are spending a little less time in the office than they previously were. We need to be talking about things like reward strategies, because what has definitely come out of the pandemic is that job security and financial security have been affected. Therefore, people are going to want a lot more of that if it can be facilitated by organizations.

But again, for the first time — certainly, in my lifetime — the term “health security” is now being talked about in terms of ensuring that people are in a position that they can feel secure with their health, whether that’s mental or physical. And of course, to finish all of that off, we’re going to need some training and development strategy to talk to our employee workforce in terms of how they adopt new ways of working — things like meeting protocols and meeting etiquette, to name just one obvious example. There’s a lot going on in the whole pandemic, but there’s a lot to be getting after. It’s a very exciting, if not challenging, time for us as leaders.

Kornik: Yes, and certainly, you’ve put a lot on the table there for us to discuss, Nigel, as we go through this, and we certainly will get to a lot of those. I want to start with something you touched on a few minutes ago, and that’s this idea of the multiple generations in the workforce — four, five, even six generations working side by side. I’ve heard you talk about this before, and it’s a fascinating take.

Jeremy: Where this really stems from is that social studies over the last 200 years will show that teenagers, typically, but youngsters under the age of 20 in every major generation, have typically rebelled in some way, and that rebellion might have been something as simple as hair or fashion or food or alcohol. There has been something that is as mark the zeitgeist of that particular age. And, of course, as people grow up, they normalize into society — they’ll go through whatever social processes that we have: They may get partners, they may get families and they may get jobs, and all of that sort of thing will tend to go on, and they will normalize.

But what happens is, from that rebellious piece that happened in those teenagers, driven predominantly by major world or national events that were going on during their childhood and into their teens, those values and belief systems remain, and they’re not maybe at front of mind, and they’re not positioned in front of everybody in terms of a piece of fashion, for example. But the value that was developed as a result of that is sitting there.

That means that in the way that individuals look at life and the way that individuals look at the workplace, that can differ quite dramatically between these generations. And that’s what this is all about. For the first time, because we’re getting older as a society — we’re living longer and we’re retiring later as a society — we now have hit the position that we do have five different generations, five rebellions in the workplace. And it’s very interesting to see the differences between those because as leaders, we therefore have to consider these different generations in what they want in order to truly engage them as employees.

Very briefly, there are five generations right now: We’ve got the traditionalists that are over 75. They only make up about 2% of the working population globally right now. They’re important, and they were incredibly important, but with 2% of the population, we tend not to concern ourselves too much, frankly, with their needs because it’s such a small percentage of the population.

Then, you get into the big groups after that: baby boomers, 60–75 years old, 10% of the population. Generation X, my generation, 39–60, the majority of which are the leaders in their business — most leaders worldwide will fall into that age bracket. They’re 25% of the population. Then you’ve got the millennial generation, 26–38, the biggest working population we have worldwide — 45% millennials, or Generation Y make up the employment pool at the moment. Finally, the Generation Z’s, our new kids on the block up to 25, they are making up already 20% of the working population.

Now, this is not a test. I just wanted to give you a sense of that percentage level. But what this means is — and this has all shifted in the last three or four years — that Generation Y and Z now make up 65% of the global working population. They are in the ascendancy, and they have some very different needs to us Generation Xers and our baby boomer parents, and that’s where this is now becoming very interesting. Technology — baby boomers grew up in the world of paper, emails, everything in triplicate, and of course they’ve adopted new ways of working and some level of technology, but they have adopted it, as have we Generation Xers.

Millennials however, grew up with tablets and iPads and any other form of technology we would class as state of the art today, and they are digital natives, and they, as well as Generation Z’s, are into everything being online, everything being available, everyone being unique. And if you need something, you can get it by tomorrow, and that it creates a whole new paradigm for the way you look at life and work. And the tech natives are truly the Generation Z group. These are the people that are now performing their lives. If it’s not online, it’s not real.

They need constant connection. They absolutely want freedom, flexibility and choice just like the millennials. But they also want time with their manager. They want to feel unique and different and that things are tailored towards them, because online, that’s how they’ve grown up. And the one big shift, and the last big shift, I mention now between the boomers and the Generation Xers together — this is the Y’s and the Z’s — is the embracing of diversity and uniqueness. We’re seeing a sea change.

We only have to look at any news these days to see that social consciousness — doing the right thing, is at the forefront of these generations’ minds, not something that we do alongside, perhaps — as it might have been with us as Generation X, and that that gives rise to different types of issues in the workplace. A big question for any board group will be, how do we innovate? Do we involve the Y’s and the Z’s — particularly the Z’s a bit more — and does our attraction narrative for employees need to be green and socially responsible because they just won’t join unless we’re seen to be a force for good as a corporate entity?

Kornik: Right. That sense of purpose certainly permeates everything. I want to talk about that new generational reality you just laid out for us. It obviously has a lot of impacts around talent models and talent strategy. And you got into this, but if you could put a bow on it for me as it relates to, say, training and development, leadership development, high-potential employees, some of those traditional HR things that you certainly had a lot of success with as chief learning officer at British Airways, where you were responsible for 40,000-plus employees. You’ve certainly had your experience in this. I’d be curious to hear your thoughts about how this new reality, this generational reality, turns those talent models and strategies on their head.

Jeremy: For me, the good news is that the talent strategy, in terms of the structural approach to talent identification and development, I don’t believe needs to change. Most strong organizations on the talent front create a language of behavior and look to develop everyone around that in terms of the competency frameworks that they’ve got, and that’s a portfolio of learning for everyone. But then they surround that with a strong performance-management system which identifies who the top-performing employees are. They then match that up to a very clear set of criteria around talent identification in terms of who has the high potential to succeed further in the organization.

When they connect those two — past performance plus future potential — they’re then able to tailor individualized development programs for those high-potential individuals. If they get that right, we’re back to recruitment again, because these kids and older people are going to get promoted if you’ve done everything right.

Now, that process, broadly speaking, will stick. And it’s got its own challenges, but it is a process that will work if you if you’re strong enough to keep deploying strategy of all of those four, five areas that I’ve just talked about. The thing that will shift — that needs to shift — is that first thing that I talked about, that central language.

When we talk about the competencies of today and the high-potential indicators — the specific competencies that draw out the individuals that might lead in the future versus the individuals that are going to be great employees but may not have that leadership potential — when we look at the language, you could pretty much go to most organizations, certainly, in the last 20 years, and they all have a fairly similar competency framework. It would be very rooted in ’80s and ’90s and early-2000s business-speak. However, what we now are in a place of looking at, when we see the new generations coming through and what that will mean for organizations, is that that core language needs to shift quite dramatically.

Kornik: Let’s talk about skills and capabilities that will be shifting, because clearly, not only generationally, the world is evolving, and we’re going to obviously end up at a very different place. When you look out to 2030 and beyond, what skill sets and capabilities do you think will be in the highest demand?

Jeremy: For me, there are five or six major skill sets that we have to be thinking about, and we probably need to start investing in those things now for them to be available and at our disposal by 2030. I’ve touched on a couple already — critical thinking and problem-solving. We’re going to have a lot of intractable issues in the future that we are going to have to try and make some very big judgment calls on not just as leaders, but as individual day-to-day operational activity — creativity, innovation, the ability to self-manage.

If we see technology going the way it is in terms of interaction in the workplace, the ability to self-manage would become a big competence for us. The whale in all of this is quite clearly technology use and technology development. The skill sets associated with big data analysis, building new technologies, those are massive, and I don’t pretend to know anywhere near as much as I should about that particular competence, but it’s impossible to underestimate how big that shift is going to be in the years to come.

The big one I would connect particularly with what we’ve talked about earlier in this discussion would be leadership and social influence and social intelligence. I touched on leadership earlier in terms of that the way we now undertake, and the way we will need to undertake, our leadership activity in the future may need to change. We still need to be good leaders, but how we do it will be somewhat different. The social influence and the social intelligence, this is more about how we get the capabilities within our organization that are going to speak and resonate with the public, our customers — that it’s not just our employees that we need to believe in what we do.

I believe it already is starting — a worldwide movement of, we will only want to deal with people who are doing the right thing. We will only want to spend money with people who are doing the right thing. From an economic perspective and a business perspective, we need that skill. But also, it’s a pretty damn good thing for society in general that we start developing those types of skills and intelligence within our workforce right now. The social intelligence stuff is for everybody. It’s all about diversity, inclusion, the ecology and environment — how we interact with each other and with the planet and with other businesses and with our customers — that helps our organizations be seen and be a force for good. Technology is the whale, but this whole social influence and social intelligence would be the big leap alongside that.

It’s an interesting time to watch this unfolding, because the role-purpose values, the satisfaction engagement, all of those issues, they have been high on the agenda in most organizations, I’d argue — certainly, most I’ve seen — and they will remain high on the agenda in the future. The difference now is that Generation Y and Z’s employees — and don’t forget, within 10 years, they will be leaders of organizations as well — they will demand that purpose, values, engagement are real and meaningful in their organizations.

If organizations in the interim, while we make that journey, don’t deliver on this, we already know that 65% of the workforce are either Y’s and Z’s, are in a place which is, “If you won’t do it, I’ll go and work for somebody that does.” We’re really at a tipping point here in terms of which generation has got the power at the moment. I feel as if I’m handing the X rings over to the millennials literally and figuratively as we speak.

Kornik: What’s the future of the corporate office as we know it today? And look in 2030 and tell me your view of that of that office space.

Jeremy: Certainly, in the initial stages of the pandemic — in that first year, where many people were genuinely stuck at home for months and working from home — there was a thought that perhaps this was a complete sea change, and this was going to be the complete way of working for the future. I don’t subscribe to that. Even today, it’s starting to pan out that there is some level of return to the office. But it is a shift. We are on the journey on this.

My sense is that we will see a typical role by 2030 having — I’m talking for office work, obviously, Joe — typically, two to three days in the office and two to three days at home or, in fact, anywhere. We talk about home working right now. I think it’s going to not necessarily be home working. It could be you’re sitting on the beach in Miami. As long as you’re working, who cares? We’re on that journey, and by 2030, it will be seen as it would be very arcane to think you have to be in the office four or five days a week. That’s coming. Part of it’s here. It depends on the forward-thinking nature of different business leaders in terms of how much that’s happening — clearly, true, open-plan hot desking, these are not new ideas, but I think that it will be endemic in itself. Everywhere you will go, you will see this.

Also, we can expect house builders and landlords, the rental market, to respond. We may see that whereas perhaps somebody right now would get extra floor space in a new house for a bathroom, we might see a lot more new housing going up which has got extra studies or office space within, because there’s definitely a shift going on with that. The builders will go with the marketers where the demand is. We will see that, and landlords trying to convert their properties to be more available for home working too.

Clearly, videoconferencing is already here, but we’ll see, again, technology on this develop in the coming years to an extent that it becomes as simple as a phone call — literally, a press of one button, and you’re with your friends, and you might have six or eight people. I’m interested to see if we can develop — and we will develop — technology that creates a virtual room, a virtual desk around you. I’m not talking on-screen here. I’m talking about chairs around you with faces in there that sometimes you see in movies. That will be coming to a point near us without too much delay.

As we’ve said, business and opportunity to reduce the real estate costs, but which also delivers environmental benefits. Of course, let’s not forget that. There’s a win-win if you think about that social consciousness that we’re talking about here as well. It’s more of the same but a bit more developed. By the time we get to 2035, though, Joe, there’s a real question of whether there will need to be corporate offices. And if there are places of social interaction, work interaction, then it’s certainly growing in the U.K. and the U.S., this ability to rent an office for a day — these types of businesses where you can rent a boardroom and eight of you turn up, and then you do your business for that day, and then you’ll see each other again in two weeks’ time for the one day. But it’s just one-fee-type approach. We will see that, at least, as a market that’s trying to break through amongst, clearly, a number of other things.

Kornik: What about these companies that have built a lot of their success on culture in terms of employees and in terms of having a culture where they bring people together and there’s a lot of interaction and collaboration? Can we do that without a corporate office or an office space? We’ve been doing it for two years, but can we continue to do it? Is it sustainable?

Jeremy: We’re going to have to think differently if we are going to do it. Fundamentally, as I said very earlier on in this cast that, we have to remember that humans are social beings. We need physical interaction. It’s great to have an audio, it’s great to have a moving picture on the screen, but we should never pretend that anything can truly replace looking somebody directly in the eye and feeling their presence in the room opposite you, and therefore creative and innovative ways of making that happen. This is where I came into rental offices, where we don’t necessarily have to be together to create culture, to create brand. You don’t have to be together five days a week. You might need to be together 20 days a year. If those 20 days are beautiful days ingrained in brand-customer relationships, that would be the fuel that we can use when we’re using other media afterwards to sustain us.

Kornik: When you look out, you mentioned 2035, and that’s a nice, round number we can look at, and you’ve made many predictions here. But I’m wondering if you have a bold prediction in your mind about where we’ll be from a work perspective. What will be the most striking difference between 2035 and today? Ultimately, what I would love to know is, will employees be more engaged, more productive, more satisfied — essentially, more fulfilled with their working lives, let’s say — in 2035 than they are today?

Jeremy: I’ll answer your last question first, Joe, if I may. They will, is the genuine answer, and it will be incumbent upon us as Generation X leaders to try and make that shift happen. But that shift will truly embed when we get Generation Y and Z’s leaders into the boardrooms. We can’t rush that. They have to develop their own careers to a point where it’s right for them to join the boardrooms. But when they do, and when they become the large minority or the majority in that boardroom, we’ll see things change very quickly.

By 2035, doing the math, we should be in that in that space by then. We will see corporate responsibility as a business imperative, and that would be driven, as I said, by those Y and Z’s leaders. We’ll see leaps of innovation in technology. We will be solving global societal problems, whether it’s energy, climate issues, hunger, disease. We’ve shown in the last two years what we can do in terms of vaccine programs. It shows that when the world puts its mind to something, things can happen. It’s having enough of a burning platform for us to make these types of things happen.

Kornik: What a far-reaching and deep dive into the future of work that you’ve taken us on here today. I appreciate that. Thank you, Nigel, for your time today.

Jeremy: Thank you, Joe. It’s really a pleasure. Thank you.

Kornik: Thank you for listening to the VISION by Protiviti podcast. Please rate and subscribe wherever you listen to podcasts. Be sure to visit us at Vision.Protiviti.com. For Nigel Jeremy, I’m Joe Kornik. Until next time, thank you.

Close transcript

VISION PODCAST

Follow the VISION by Protiviti podcast where we put megatrends under the microscope and look into the future to examine the strategic implications of those transformational shifts that will impact the C-suite and executive boardrooms worldwide. In this ongoing series, we invite some of today’s most innovative and insightful thinkers — from both inside and outside Protiviti — to share their vision of the future and explore how today’s big ideas will impact business over the next decade and beyond.

Experiencing a stellar HR career across some of the world’s biggest brands and latterly the Chief Learning Officer for British Airways, Nigel Jeremy is a globally recognised expert within the HR and Learning and Development profession. Nigel is a successful business author with a strong international reputation as a conference speaker in his fields of expertise. His speaking topics span all aspects of HR, with a particular focus on leadership, management and executive development, and the creation of employee-centric culture.

Nigel Jeremy
Business Author, Keynote Speaker
View bio
Add a Comment
CAPTCHA
15 + 0 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
* Required

Listen up! The future of workforces and workplaces

Listen up! The future of workforces and workplaces

Audio file

Joe Kornik, Editor-in-Chief of VISION by Protiviti, chats with Peter Richardson, Managing Director and Architect for the Future of Work at Protiviti. Richardson leads the firm’s focus on the future of work globally where he emphasizes rebuilding the operating model and future of work engine by empowering teams, equipping them to contribute fully in a hybrid environment and developing and underpinning culture. The two discuss the future of work as it relates to culture, collaboration, and location for knowledge workers.


Read transcript

LISTEN UP! THE FUTURE OF WORKFORCES AND WORKPLACES - Podcast transcript

Joe Kornik: Welcome to the VISION by Protiviti podcast. I’m Joe Kornik, director of brand publishing and editor-in-chief of VISION by Protiviti, where we put megatrends under the microscope and look into the future to examine the strategic implications of the topics that will impact the C-suite and executive boardrooms worldwide.

Today, we’re exploring the future of work, and I’m happy to be joined by my Protiviti colleague, Peter Richardson, managing director and architect for the future of work at Protiviti. Peter leads the firm’s focus on the future of work globally, where he emphasizes rebuilding the operating model and future-of-work engine by empowering teams, equipping them to contribute fully in a hybrid environment, and developing and underpinning culture. Today, we’re going to discuss the future of work as it relates to culture, collaboration and location for knowledge workers. Peter, it’s so great to have you with me on the podcast today.

Peter Richardson: It’s great to be here too, Joe. Thanks very much and thanks for the opportunity to discuss this topic, which is very close to my heart.

Joe Kornik: I’m looking forward to it. Peter, as much as I thought that by March 2022 we would be able to be well past the pandemic, it looks like we’re not quite there yet, but I do think it’s pretty safe to say these last two years have had a pretty profound impact on those three things I just mentioned above: culture, collaboration and office locations. We’ll take them one at a time, but before we do, I’m wondering if you could share any thoughts you have on what the last two years have meant in terms of the future of work and what impact, ultimately, you think it’ll have over the next decade of work.

Peter Richardson: Let me say, first of all, I’m going to talk primarily about office-based workers or knowledge workers. My role doesn’t focus that much on manufacturing, retail or other forms of physical delivery, so I’m talking about work that’s not really site-based or particularly equipment-based. The pendulum has swung significantly toward a way of working that we’ve, to be blunt, never seen before. Work is no longer just somewhere we go. It’s something we do and can do everywhere, and we’ve proven that.

That trend has accelerated pretty rapidly over the last two years, and as you say, Joe, there are three major areas where things have changed most significantly. Ever-evolving remote collaboration has been enabled by technology and is changing the way we work, but it’s got potential to go much further in redefining work in a hybrid world that we’re now beginning to inhabit much more fully. Organizations have been keen and remain keen, of course, to protect and enhance their cultures, but what people have experienced over the last 18 months has engendered some significant and more permanent changes in the way people think and behave and interact within their ever-changing organizations.

The spaces that we once called offices are beginning to look and feel very different, so a better world of work is waiting. Now, why do I say that? We used to look at our businesses in a pretty rigid way. It was based on a certain way we work. It was more on a manufacturing model where people worked in fixed locations close to where they lived. They got up at the same time every day. They stayed in the same place to do the stuff we needed them to do. It was an old-world paradigm based on pre-mobile phone and pre-internet operating models — people in the office all the time, people 100% getting up early, people pretty much 100% commuting, pretty much 100% physical presence for management oversight and probably control.

When you think about it, that model had become already pretty outdated, but what we’ve learned over the past 24 months now, as you say, is about the irrelevance of much of that. When we’ve put ourselves to the test, as we have had to do over the past two years, businesses have been pretty good and very able at coming up with better ways of doing things, and doing them quickly.

There was some McKinsey research that asked CEOs about 12 potential changes and how long it took them to execute before and during the crisis, and for many of these changes, respondents said that their companies acted as much as 20 to 25 times faster than they had expected. In the case of remote working, the respondents, the CEOs, said that their companies had moved 40 times more quickly than they thought could be possible before the pandemic. Before the pandemic, executives said it would take more than a year to implement the level of remote working that took place during the crisis, and it took an average of 11 days to implement a workable remote-working solution, but we’re still learning and experimenting with how to deal with some of the paradoxes that have also been created over that time. There’s a question of remote versus in-person time.

Microsoft commissioned some research that concluded that — you have heard numbers like this before — 70% of workers want flexible remote-work options to continue, while at the same time, the paradox is that 50%, 60%, 65% have been craving more in-person time with their teams. Then, there’s a question of, are we more effective and more efficient now? And as a counter to that, what’s been the impact on fatigue and exhaustion? I’ve read some numbers from Unilever, which reported that for their office-based workforce, they had seen an increase of 22% in productivity, 30% in collaboration and 19% in external orientation from those office-based workers.

At the same time, if you look at other numbers, it’s actually the older workers and bosses who are identified as thriving, where the satisfaction index there is about 60%. Whereas, for those without decision-making authority, the satisfaction index is about 35%. And then, if you look at Gen Zers, those aged between 18 and 25, the consensus is that they’ve been struggling more to balance work with life, and they’re more exhausted than their counterparts. They’re not as excited, not as engaged about work, can’t get a word in during some meetings or bring new ideas to the table, and they’re yearning for much more in-person interaction, so there’s a lot going on there.

When you look at office space, office usage, businesses are talking about 30% lower office footprint, lower office usage, still struggling with the question of work from home versus should people be spending a certain percentage of their time in the office? Should we be enabling working from anywhere? When it comes to that, some leaders are still saying — somewhat ill-advisedly — “Let’s get back to the former reality.” “Let’s drop this,” as one leading CEO said, “aberration of remote working,” and others, equally ill-advisedly, are saying, “You will work in the office for three days a week.”

I would advocate specific use cases for bringing people together in-person as the way forward, and I’m sure we’ll come onto that later in the discussion. Looking at it in the round, the last two years have been a tipping point of historic proportions. That’s not to overestimate things. The pace of change is probably likely to slow down for now, but looking forward, more changes will still be required as the economic and human situations evolve.

Remote work has created an opportunity to bring in at pace — significant pace — digital transformation to fruition where many companies have been stuck in pilot mode for years, has created new job opportunities for some, has offered more family time and a better work-life balance for some but not all. There’ve clearly been some who have lost out, and I acknowledge that. It’s provided options for whether or when to commute or not to commute at all, but there are also real challenges ahead. Teams have probably become, over the course of things, somewhat more siloed.

Digital exhaustion is a real challenge, and it will be critical to learn and experiment going forward with how to use technologies to execute a delivery more effectively to change organization operating models, to change at a pace that continues to exceed prior performance, and to address, again, as you’ve alluded to, Joe, the cultural and people implications to focus on new capabilities in people — not just those designed for the crisis but also including digital fluency, data literacy and agile ways of working. In summary, overall, we’ve learned an awful lot and probably surprised ourselves equally with an awful lot too.

Joe Kornik: That’s spot-on. So much has come out of the last two years, but to your point, there is no going back. To try to reinvent the way we worked in 2016, it’s just a losing proposition. Peter, I’m old enough to remember when every phone call didn’t last 30 minutes, though, so we do need to find a happy medium where we used to just call our mate and talk for six minutes and hang the phone up because we were done. It doesn’t happen as much in this new environment, this environment that we’re in today.

You’ve brought up culture, and I feel like that’s a good place to go, to take this conversation next. I’m always fascinated by it. It’s such a tricky thing, because it means very different things to everyone, to very different people. A lot of companies build their brand on culture. It’s one of the differentiators. It’s one of the things that they talk about when they recruit employees, their culture. That’s all been shot in a cannon up into the sky, and we’re going to have to see where it all lands.

Employers, obviously, view it differently than employees. Employees view it differently from each other. For some, it’s all about the office and that interaction and that collaboration in person. For others, it might be all about no office or lack of office, and that’s great culture to them. That’s the way they want to work. Let’s start with employees. We’re going to look at this from both sides, but we’ll start with the employees’ perspective.

Peter Richardson: For me, culture is about survival. It’s about what individuals need to do to fit in and thrive within an organization, and that doesn’t come so much from the physical aspect. It comes from the behavioral ones. The basic underlying assumptions about what’s right and what works within this organization, that’s what drives the way people then behave within the culture, within that organization. Everyone within an organization experiences the effects of culture every day.

Culture manifests itself, of course, in a number of ways, but what you see, hear and feel isn’t always an accurate reflection of the true drivers of the culture in that organization. It’s made up of a number of levels. Starting at the top of what you might imagine as a pyramid are the artifacts. This is what people can see, touch — the physical aspects — and includes things like policies, procedures, mission statements and so on, but it can also include things such as office locations, buildings, who gets what desk on what floor. All of these physical and visible aspects of the organization environment convey messages about the way things are done.

At the next level down in the pyramid, underneath the artifacts, sit what Edgar Schein would call the espoused beliefs and values. This is what you hear as you move around in organization, what people say, how they interact with each other and what they do on the surface. Sometimes, what people say is genuine, but you may also find that those statements at that level could be examples of toeing the company line. And sitting underneath all of that, this is where the culture really manifests itself and what drives the organization’s culture. Sitting under that are the basic underlying assumptions within those individuals and organizations that drive the way they behave when no one’s watching.

What’s interesting is, as we go down through those layers, from artifacts through espoused values into values and then into behaviors, what’s most visible and out in the open reduces, whereas the conclusiveness, the impact, about what drives the organizational culture increases. I argue that, yes, on the basis of all that, as a consequence of what’s been going on over the past two years, cultures will have changed.

At the moment, given the extent of change over the past 18 months, it feels to me sometimes like we’re on a different planet. We’re almost on Mars and not on planet Earth. The environment is fundamentally different. Engagement is different. People are behaving in a different way. In many cases, they almost speak a different language about work. The atmosphere sometimes makes it difficult to think clearly, and the terrain ahead is not fully mapped out and understood.

Why do I say that? If you look at pre-pandemic, as I described in my opening comments, we lived in a well-defined world where people came together into offices, into the atmosphere that was very physical pretty much every day. In the remote working world of the pandemic, people have experienced an entirely different working paradigm, an entirely different skew to their work-life balance. Certainly, since children have been back in school, there’s been less onus on parents to participate as directly in their children’s education, and probably, quite strongly, a positive work-life balance.

If you ask leaders, as I do regularly, which paradigm they most support going forward, some argue that it’s option one — that we go back together again to rekindle our cultures and values is key to them — and others argue that maintaining alignment with this new agile and flexible paradigm supporting flexibility and recognizing work-life balance is the only way to retain and attract talent, which is becoming an increasingly significant challenge and, again, a topic we may come to later, Joe.

The fact is that both sets of people, both paradigms, both are right. The conclusion I draw from that is that in order to satisfy both constituencies, an entirely new paradigm that’s neither based on option one nor option two is the answer, and that still has to be fully designed. In the meantime, there’ll be a lot of experimentation and agility required as new hybrid operating cultures and operating models are tried and tested — so, a lot of change ahead.

Joe Kornik: When you look out over the next decade, I’ve been hearing about a talent shortage, particularly in Europe and North America. How worried should executives be about that, and having the skills and the capabilities and the people to get all the work done that they’ll need to in, let’s say, 2030 and beyond?

Peter Richardson: There are, as I’ve touched upon, some quite complex people and behavioral issues to deal with here, and this world doesn’t suit everyone. There’ve been, of course, losers in the way that things have operated in the last couple of years. I spoke on those pressures, but in particular, there’ve been pressures on women with children, on younger and newer employees. In order to continue to be able to attract and retain those people, organizations do need to look long and hard at the way they approach talent and the retention of their people.

I’d also like to touch upon a couple of ideas — in particular, the threat of how a two-tier system might develop, and what we need to do to avoid that. A lot of articles published in this area argue that people who come into the office will be able to advance more quickly and catch the eye of their managers more easily, and at the same time, those who choose to work more at home are somehow going to lose out from not being there in person, and these are very real concerns.

They’ve been shared privately in many of the events we’ve run and amongst some of our clients, and some businesses are being tentative in their approaches here, while others are making it very clear that being in the office will create opportunities. That’s mistaken and will potentially cause issues as far as the retention of key people is concerned. I do appreciate that there’s a risk of presenteeism coming back, but it’s important that we create a much more inclusive working model in the new models we implement.

Companies can use technology, physical locations and remote locations to ensure that people remain connected, and we can’t assume that all managers will go back into the office either, so let’s define the reasons for people being in the office. If what they’re doing doesn’t require them to be there, then why force them to be there? Why try and use that short shoe on to push people into those locations?

In our business, we’re asking ourselves questions like, “Is this something that people need to be with co-workers to do, or not?” If it isn’t, then it doesn’t make sense, necessarily, for them to be forced to be in a physical location to do it, and let’s try also to understand people’s motivations for social interaction and human connection. People want to be together for so much of their social life. It’s perceived that being in the office and being with their colleagues and friends is what it’s about. People aren’t actually yearning to be in the office, though. They’re yearning for that social interaction, so let’s make sure that we’re addressing that question rather than looking at it from a physical-location point of view, especially if people have got commutes, fixed hours that don’t suit them, or if they’re looking after families and parents.

Now, that’s what they’ve experienced much of over the past two years. That’s where they’ve experienced so much more value above and beyond being physically in an office together, and we need to be able to respond to that in order to make sure that we are able to respond to our people’s needs.

Joe Kornik: Let’s just keep going down that road to the office, because I feel like this is one of the more fascinating things that will develop over the next decade, around what the office of 2030 will look like.

Peter Richardson: It’s interesting, isn’t it? As you’ve just said that, Joe, there’s been a lot of talk about people “going back to the office.” Again, as I’ve said before, some leaders have made it clear that they want people to return, while others are much more active in exploring hybrid models between an office and other physical locations, and still more are confused. People talk about that the office is work rather than a place to go and work, and there’s a big difference. If companies continue to think about the challenge in these terms and focus on where people are on given days, they’ll overlook a much bigger opportunity, and that’s to fundamentally rethink, rebuild and reimagine the way their business operates and where it operates. That ranges from where people work to how they work to what work means through to things like their carbon footprint.

We need to start talking much more about how we involve, include and engage our people wherever they’re located, so our physical locations need to be equipped and designed to achieve that wherever our people are, whether they’re working from home or not. Let me be clear: I’m not talking about a world where people stay permanently out of the office. I’m talking about a world where we’re smart about the reasons for bringing people together.

The old Industrial Revolution-driven office environment is entirely about having people in front of you, and this raises issues about trust. I’m arguing that that’s a completely outdated model, and I can’t understand why people feel that going back to that is beneficial. Demanding that employees come into the office five days a week or three days a week or whatever it happens to be to do what they used to do will create a backlash. Asking employees to come into the office once five days a week from to time to do things that are valuable is a redesign of the way we work, and that’s fundamentally the point that people really need to consider deeply.

I consider that mainly in terms of person activity. The question is, how do we get the most value out of assets that will become scarcer over time and the most value out of in-person activity for our clients, for our people and for our business, and what are the use cases that most require or demand or benefit from in-person activity?

The best definition I heard on this topic was in the relatively early days of the pandemic, when a senior person in marketing in a major confectionary firm talked about, as she termed it, the five C’s, and she used these words: connectivity, collaboration, creativity, celebration and compassion. They were the five strong rationales, as she put it, for needing people in person together.

I’ll add a couple more: culture — things like how we introduce people to the business, how we induct people, how we train people, etc., and possibly something specifically to do with client engagement, although that could equally be probably covered under the term connectivity, but something that specifically focuses on in-person connectivity, relationship building with clients. I agree with that list, and businesses will increasingly bring people together for in-person interaction only when they actually need to, because it’s the right thing to do.

I’m remembering, too, that these use cases need to work for all types of in-person interaction, ranging from when it’s 100% physical, so we have everyone together in one meeting, through to some physical and some virtual for your people and your clients where there’s a good degree of in-person presence in a physical location and a degree of remote presence too — a true hybrid model.

We’re still really learning how the make this work in practice. Remember that I referred to living on a different planet? We need to equip our people wherever they may be to be able to facilitate and manage these types of interaction in an entirely different way, and that doesn’t just mean by providing technology support. It means by training them, developing them, enabling them with new soft skills around facilitation, around client management, around presentation. My job these days seems much more like being a television presenter than in my world, a consultant who visits my clients every day, so I need new skills to be able to do that in the new world in which we’re expected to operate.

Looking further forward, those work environments will be effectively zoned along the lines of those five, six, or seven C’s I mentioned. I look on these zones as being more like film sets or film studios, so the collaboration studio — call it studio one, for example — will be fundamentally different from the creativity or the compassion studio. We’ll call them studios two and three. And each one will have a different script, will have a different technology usage, will have different scenery, will have potentially different costumes, wear different clothes. The direction of the activity in those studios will be different. The production will be different. The locations may be different. We talk about the office. There’ll be many more hybrid office locations, maybe even pop-up locations that we use specifically for specific purposes. There’s a huge amount of change to come there, Joe.

Joe Kornik: Yes, it sounds like it. What an interesting look at the future of the office space. You mentioned how often you are in front of clients, talking about these very same things. I’m wondering if you could boil it down to a few succinct calls to action for business leaders. It’s no secret that we’re facing a tumultuous future of work. We can all agree on that. What do you tell them to make sure that they get that right?

Peter Richardson: I look at it in terms of barriers that need to be overcome: There are a bunch of barriers that will get in the way of creating that new vision and making things happen. There’s a real momentum to refine and redefine the way business is done, but there are some significant challenges. One is, let’s be honest, that many business leaders are grounded in that old paradigm and find it difficult to imagine a way of working that’s fundamentally different. I respond by saying, “Well, what are the consequences of not doing anything?” We’re already seeing companies experiencing highly unusual levels of attrition, people leaving. That is as a consequence of not having answers for those people, including parents with children, millennials, Generation Zs, who are looking for smarter answers. If they don’t get them from our business leaders, then they’ll move on.

Another barrier is a clear communication about what’s next, which is linked to the point I’ve just made above: Most organizations have been good at communicating and engaging strongly with people in the current environment, but as they start to tackle the challenges looking forward, they’ll need to maintain or find a new level of engagement and connectivity that’s about the future, that’s about looking forward. Now is the time to push again, to push harder, and it’s going to require the same level of commitment, involvement and drive as it did during the beginning of the pandemic, when we were worried about communicating with our people and keeping them engaged.

Trust is still an issue that is linked to a model of working that’s essentially based on seeing people and monitoring them, and we have to acknowledge that what we’ve proven and seen in the last 18 months in many businesses is that we should trust people. It’s worked really well in many instances, and what evidence exists to prove widespread failure and bad behavior of people working in this remote world, I don’t think there is much. It’s proven the opposite. There’s more trust now, and we’re more able to be able to rely on our people working in an agile and flexible way that isn’t always under our noses.

There’s a fear of changing the working model that’s familiar, especially when solutions are going to be experimental, and I respond to that that some companies have implemented change programs between 20 and 40 times as quickly as they have done before, as that McKinsey research showed. It’s been an accelerator that’s applied here, and it’s proved that many things are possible that we often feared and prevented ourselves from being able to do before because of legacy concerns. We can’t just take that foot off that pedal now. There’s a danger that I’ll start driving in a slower lane, and if too many companies do that, the bigger opportunity will be lost.

Joe Kornik: Before I let you go, I’d like to ask people to live the VISION by Protiviti mantra one more time and to look out, let’s say, to 2035. Let’s go 13 years in the future and put yourself into that time frame. Any bold predictions about the future of work? What aren’t we considering? What may surprise us about how or where we’ll work in 2035? Have you got any bold predictions for us to share before we wrap up?

Peter Richardson: It’s a long time ahead, Joe, but I’ll try my best. We have this huge opportunity to continue to redefine what work is, what meetings are. We’ve only scratched the surface so far. Our application of the technology so far has been really to apply new technology over old operating models, old processes. We’ve run meetings, the same old meetings we always used to run. We just run them with video. I don’t think we’ve exploited the potential for fundamentally redefining what a meeting is, how we work, where we work, what we do it for at all.

The technology infrastructure is there now to deliver much more remotely, but also that means that we won’t need to go on planes and trains and run around the country as much as we used to do, especially in the context of the ever more important ESG agenda. Just think what the opportunity is in terms of carbon footprint if we continue not to travel to the extent we did.

Now, I know that’s not great for the travel industry, but certainly in terms of people in my industry, it creates a significant new paradigm. There’ll be fundamental changes to the employee value proposition, the employee experience. Cultures will be different. Leadership engagement will need to be different. Working conditions will be different. The opportunity for diversity, equity and inclusion will be different because we can employ people and include people and engage people from much broader environments and backgrounds and locations. Remuneration and progression will probably be different as a consequence of all of that.

The pathfinder, the leading organizations have already recognized that no one actually has the right answer, and they will continue to lead the way based on data and workplace analytics and surveys of staff and of clients. Those organizations, over the next many years, will be prepared to continue to test, review, experiment and throw away if it doesn’t work.

There’s a lot of change ahead, and that’s really exciting. As well as the physical experience and logistics of the workplace environment, there’ll need to be changes in policies in issues such as tax and legal; changes to contracts and employment policies that will all impact the employee experience and will need testing with new workforces; how people get access to their leadership; further opportunities for skills development, digital skills requirements; personal and travel time; and how we will recruit. There is a lot of change ahead, Joe. That’s a bit of a broad answer, but there’s an awful a lot of opportunity over certainly the next 10 years–plus.

Joe Kornik: Absolutely, and we will be here to chronicle it every step of the way. Thank you, Peter, so much for your time today and your insights. It was wonderful having you on the show.

Peter Richardson: Thank you, Joe. I’ve enjoyed it.

Joe Kornik: Thank you, at home, for listening to today’s podcast. Please rate and subscribe wherever you listen to podcasts. Please do check us out at Vision.Protiviti.com or on LinkedIn at VISION by Protiviti. Thank you, and we’ll see you next time on the VISION by Protiviti podcast. Take care.

Close transcript

VISION PODCAST

Follow the VISION by Protiviti podcast where we put megatrends under the microscope and look into the future to examine the strategic implications of those transformational shifts that will impact the C-suite and executive boardrooms worldwide. In this ongoing series, we invite some of today’s most innovative and insightful thinkers — from both inside and outside Protiviti — to share their vision of the future and explore how today’s big ideas will impact business over the next decade and beyond.

Peter Richardson is Managing Director and Architect for the Future of Work at Protiviti. Richardson leads Protiviti’s focus on the future of work globally. In helping clients face the future with confidence in an ever more dynamic world, he emphasizes rebuilding the operating model and future of work engine by empowering teams, equipping them to contribute fully in a hybrid environment and developing an underpinning culture. Richardson is a specialist in change management and operational transformation.

Peter Richardson
Managing Director @ Protiviti
View bio
Add a Comment
CAPTCHA
17 + 3 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
* Required

How we’ll work next with Nina Henderson, International Workplace Group Director

How we’ll work next with Nina Henderson, International Workplace Group Director

Joe Kornik, Editor-in-Chief of VISION by Protiviti catches up with Nina Henderson, Director, International Workplace Group, CNO Financial Group and Hikma Pharmaceuticals to discuss the future of work. Currently, she chairs several human resource/compensation committees and is a member of audit, corporate social responsibility, and governance committees for these NYSE and LSE listed companies. Nina is also vice chair of Drexel University’s board of trustees, a commissioner of the Smithsonian National Portrait Gallery and a director of the Visiting Nurse Service of New York and the Foreign Policy Association.


Read transcript

HOW WE’LL WORK NEXT WITH NINA HENDERSON, INTERNATIONAL WORKPLACE GROUP DIRECTOR - Video transcript

Joe Kornik: Welcome to the VISION by Protiviti interview. I’m Joe Kornik, editor-in-chief of Vision by Protiviti, where we look into the future to examine the implications of big topics that will impact businesses worldwide over the next decade and beyond.

Today, I’m joined by Nina Henderson, director of CNO Financial Group, International Workplace Group and Hikma Pharmaceuticals. Nina chairs several human resource compensation committees and is a member of the audit, corporate social responsibility and governance committees for a number of companies. She is also vice chair of Drexel University’s Board of Trustees, a commissioner of the Smithsonian National Portrait Gallery and a director of the Visiting Nurse Service of New York and the Foreign Policy Association. Nina, it’s so great to have you here with us today.

Henderson: Great to see you, Joe. Thanks for having me.

Kornik: Nina, when you think about the future of work, let’s say a decade from now — 2030 and beyond — and the people who will be doing that work and how they will be doing it and the impact it may have, what jumps out to you the most?

Henderson: I’ve been thinking about this in general, and there are so many things being postulated now about how going to work, being at work, what we’ll do, who will do it, where we’ll do it, and all that is near-term. So, the more fun thing is that you’re saying, “What about 10 years from now?” and we have to suspend what we used to call work and what we used to call productivity, and there’s going to be a lot of change in both of those aspects.

Also, what’s happened here is, we are enhancing a bifurcated society, and somehow, we’re going to have to learn how to work with that much more effectively. We can’t have two parallel economies funded by workers in two different worlds. That will be surreal, and there won’t be any synergy, and you need synergy to make the world go round. That will be interesting. There won’t be, hopefully, a severe cut between what is now being called knowledge workers — office workers — versus people that are day in day out producing, making, servicing.

Kornik: It’s interesting that you talk about that dichotomy between office workers and the two different classes, because one of the levelers, traditionally, has been technologies and some of the collaboration technologies that we’ve seen during the pandemic. Obviously, we probably wouldn’t be able to get through the pandemic without those collaboration technologies. We had them before. They were on rocket fuel during the pandemic in terms of their adoption and their use. I’m curious: What are their near-term and longer-term impacts on employees?

Henderson: The whole notion of collaboration, maybe we’re thinking about that, about the office workers who went home and/or went to another part of the state or their vacation home or whatever and collaborated on virtual platforms. Collaboration is a wonderful word, but I don’t know that we have propelled the ability for true collaboration against the multiplicity of synergistic employers and employees and deliverers of goods, services, products, etc. That’s one big thing. You have to redefine what collaboration means, and redefine what technology means as far as, there’s a subquestion that you bring up to me when you phrase that, and that is this whole notion of, how are people responding to this?

Now, we get a lot of commentary that people are getting the old ennui. They’re being bored about it. They’re being detached. One of the serious things here is that human nature is that you want to be around other people — you really do, whether it’s socializing, your family, your fellow workers. Even to see people walking around the city is kind of exciting, or out in the woods — it doesn’t matter. We will, as human beings, always want to see other people, and we’ve been in a forced situation here where we’ve had a limited ability to interact. If you’ve got a family at home, you’ve been interacting solely with them.

Yes, you interact a bit on these virtual platforms, but you’re not with anybody. It’s a digitized representation. You’re not with anybody, and the reality is, you can’t see if someone’s looking at you. You can’t get all the other cues of communications that humans have in terms of, am I leaning into you? Am I really interested, or am I shrugging my shoulders, or am I looking down at my desk and doing my email while I’m on Zoom or Microsoft Teams? You just wonder what’s happening here.

There are a couple of things that do concern me as we continue to use this technology. One, it’s very hard to maintain a cultural identity with it — almost impossible. Two, it’s transactional in nature: You get things done. You check a box. You move on. My niece, a 25-year-old, gave me a mug for Christmas that says, “I made it through another Zoom that could have been an email,” and we’re not sophisticated enough to be selective about how we’re doing things — the cultural thing, the transactional nature.

The other thing is that it’s very hard to have a sense of belonging — not just culturally, but also belonging and exchanging. That will become very difficult for human beings to continue. The fourth thing that I’m concerned about is innovation and creativity. Innovation can be sparked by an individual. Yes, but more than likely, it’s brought to life by groups of people working together, 1-2-3. All of that is being lost. If we were to rely on using, in your words, collaborative technology, we would fall behind in a competitive race worldwide.

Kornik: Nina, you make a lot of great points. I just wonder, I think how different even this conversation would be between the two of us if we were sitting in a in a room on the couch, across from each other. All the verbal cues that we’re potentially missing, and we’ve been on so many Zoom calls for so long now during the pandemic. And as we move forward, the key is, how do we position these tools, and how do we use them? You mentioned your niece, who clearly comes from a different generation than you or me, and how they process information is obviously very different. So, there are a lot of generational forces too that business leaders and executives need to be thinking about as they look forward for the next 10 years.

Henderson: First of all, the niece that you mentioned, she’s 25 and she’s working, and she’s out of college, and she went through college, came out, etc., went to work before the pandemic. There’s a big difference, and I’m going to make that point now. We as employers and as people wanting to bring along groups of people to do well for society and for themselves, we have a major issue, and that is, when you look at the high school children and the college-age young adults over the last two years, they’ve essentially spent all of their time in their childhood bedroom. This is a tremendous strain, because many things happen, as we all know as parents and as family members, as teachers, as employers, to young people as they proceed through their last years of high school, enter college or enter the workforce if they don’t go to college — if they don’t want to, that’s just fine.

But all of the adulting skills that would have naturally progressed in a very formative period of these young people’s times have been squashed. From a standpoint of employers and societal needs, we’re going to have to help these young people come along. I’m vice chair of the board of trustees of a university, and I also chair academic affairs there. We used to give a student that was having trouble three semesters to be able to bring themselves up to the capability that was required. We now have expanded that to four because we realized that they just weren’t ready when they came in.

It has nothing to do with how wonderful the high school teacher was or how much they decided. It’s just darn hard when you don’t have the decision-making that comes with having to go — even in high school, when you join the team, all of those things, you were allowed to learn to socialize, make decisions on your own when you went away from home, all of that has been left. We’re dealing with, as employers and a society, a solid 10 years of that group of people needing extra help and some understanding to move forward. That’s one.

Number two, let’s think about the fact of looking up. For most all of us, the reality is that we have spent the last 10 years looking down. We are looking down at some kind of a machine, and if one loses the ability to look up, you are going to lose the ability to notice colors, to notice forms, to notice those communication cues that you and I mentioned earlier. There’s a real issue there.

Also, if you’re spending a large portion of your time on apps, which are predigested information being given to you — yes, you’re selecting which one you want, but basically, what’s in there, you haven’t curated. It’s been curated for you, and as it has progressed from, let’s say, Facebook to Instagram, and now we’re down to TikTok and Snap, what do you do with a population whose attention span is 46 seconds?

I’m not criticizing — that’s really interesting. But how do you work with an entirely different group of people used to receiving things in a quick, shorthand way with attention spans — I’m not criticizing. I’m just saying these are realities, and we have to think about, how do you enthuse people like that? How do you keep them involved? How do you let them work their own magic. Does this resonate for you, what I’m suggesting here?

Kornik: Absolutely. I’ve had these conversations, you know, exploring this topic with several people, specifically around the generational differences between the multiple generations in the workforce leadership styles — how people have come of age in an age of technology versus not an age of technology. It’s fascinating.

One thing that will be interesting for companies and business leaders to think about over the next several years, the next decade, is, where do those people work? Are you going to bring all those people back into a traditional office setting where they get to collaborate or interact with each other or maybe mentor or maybe shadow someone and see leadership styles? There’s a whole generation now, or two years’ worth, of employees who are maybe even more comfortable working from their home office or working from their kitchen table and not having to be elbow to elbow with their coworkers or even clients or customers. That’s a fascinating piece of this. I’m curious as to your thoughts: Do you ever see us returning to what we call a traditional workweek in a traditional office space?

Henderson: There’s still the traditional workweek — actually, it’s been expanded. I feel like Maggie Smith in Downton Abbey — “What is a weekend?” because the reality is that your workweek now goes right into Saturday and Sunday, and unless you provide some dropdowns on that, it just stays that way. Work is done when you can fulfill it and when you make the time to do it. I don’t think that’s going to change. That’s going to evolve more. There will be a work time period — maybe not a workweek, but there’ll be a work time period — and depending on whether it’s a team effort, you’ll have to figure things to schedule with other people. Other times, if it’s a sole-capacity or thinking situation, you might do that at your leisure, whatever the case may be. The time parameters around work will change. The definition of work will change, and the word productivity will have to have a whole new definition.

Kornik: I’m curious about what your definition of productivity will be in the future.

Henderson: I don’t think it will be the number of virtual platform meetings that you can throw into a day or how many boxes on those virtual platform meetings you can get on — you know, 20 or 30 people. I do not think that will be a definition of productivity. Right now, we have fallen into the trap of thinking of transactional activity as productivity. That’s not productivity. Productivity is being able to build, to add on, to create, to open new territories, to open new thought waves, to make new products, to open new markets, etc. That’s productivity, and that is pretty hard to do in the way we have been operating the last two years.

Kornik: We talked about a lot here today, and you’ve given us a lot to think about. I’m curious, though; When you look out, let’s say to 2035 — we’ll take 13 years in the future — give me a few examples of how that might look. Is there anything that we haven’t discussed today that you think will surprise us or will be a little bit different or that hasn’t been in the parameters of this conversation? Ultimately, do you think work will end up being a more fulfilling, engaging, positive, enjoyable experience for employees in 2035, maybe more so than it is than it is now, or it was pre-pandemic, even?

Henderson: We have to be realistic. Work is work, Yes, work is to underwrite your capability to live your life, so it should be engaging. It should be rewarding both financially and in terms of personal sense of self. It should give you a place in community, within your overall local community but also within your business community, your operation community. But it’s still work. So, I don’t think that that’s going to change years from now. And sometimes you’ll have jobs where you feel tremendously fulfilled, and sometimes you’ll have positions where you’ll think, “Oh, boy.” That’s going to be there, but how we work and what we value within work and how we will choose who to work for or with will change dramatically as we go forward.

Kornik: Nina, thank you so much for your valuable insights, your unique insights. It was such an interesting conversation. Next time, we’re going to do it in person.

Henderson: Yay — wonderful.

Kornik: Thanks so much, Nina Henderson, for joining us on this VISION by Protiviti interview. We’ll see you again next time.

Close transcript

ABOUT

Nina Henderson
Director
International Workplace Group, CNO Financial Group, Hikma Pharmaceuticals

Nina Henderson is a director of CNO Financial Group, International Workplace Group, and Hikma Pharmaceuticals. Currently, she chairs several human resource/compensation committees and is a member of audit, corporate social responsibility, and governance committees for these NYSE and LSE listed companies. Nina has served on the boards of AXA Financial, The Equitable Companies, Del Monte Foods Comp, Hunt Corporation, Pactiv Corporation, Royal Dutch Shell PLC, and Walter Energy, Inc. Henderson is vice chair of Drexel University’s board of trustees, a commissioner of the Smithsonian National Portrait Gallery and a director of the Visiting Nurse Service of New York and the Foreign Policy Association.

Add a Comment
CAPTCHA
8 + 0 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
* Required

It’s the end of the work as we know it, and I feel fine

It’s the end of the work as we know it, and I feel fine

What is the future of work? It’s a simple question with complex answers.

The pandemic has had a profound impact on work, workforces, and workplaces, transforming them in unprecedented ways. Over the last two years, no aspect of business has been immune to the disruption and chaos it’s caused around the globe. Work was already in a state of change before the pandemic, but the pace of change accelerated greatly as offices closed, entire industries were upended, and many workers were forced to try to make work work from home.


ABOUT

Joe Kornik
Editor-in-Chief
VISION by Protiviti

Joe Kornik is Director of Brand Publishing and Editor-in-Chief of VISION by Protiviti, a content resource focused on the future of global megatrends and how they’ll impact business, industries, communities and people in 2030 and beyond. Joe is an experienced editor, writer, moderator, speaker and brand builder. Prior to leading VISION by Protiviti, Joe was the Publisher and Editor-in-Chief of Consulting magazine. Previously, he was chief editor of several professional services publications at Bloomberg BNA, the Nielsen Company and Reed Elsevier. He holds a degree in Journalism/English from James Madison University.

We did, for the most part, pretty well. We rapidly adopted collaboration tools and technologies … and found backgrounds in our homes we were OK sharing with the rest of the working world. Now we find ourselves, hopefully, nearing the end. Or rather the beginning. Same as it ever was? Hardly.

In this Future of Work topic, VISION by Protiviti explores how we’ll work over the next decade and beyond. We bring together global perspectives from experts to examine how, where, when and even why we’ll work in the future.

We examine the topic from many angles: technology, culture and collaboration, talent and workforce, DEI, jobs, and the office of the future. Each of those areas, of course, requires a deeper dive into more nuanced areas. And we do so. We’re launching with 10 insights and will unveil three new ones each week through the end of April. We’ll also have two webinars featuring some of the experts we’ve tapped to help us tackle this topic.

We’ve spent months asking questions about the future of work, and now we have some very educated guesses as to where this all leads.

What did we learn? Well, while some may want to return to the good old days, it’s becoming increasingly clear there’s no going back. This is a one-way trip and it’s being powered by rocket fuel, so hold on. But as we hurtle toward an uncertain future filled with potential pitfalls and pain points, there is opportunity. In fact, there is “unprecedented opportunity” to redefine our future, says John Spataro, Corporate Vice President, Modern Work for Microsoft.

As a result, strategic-minded business leaders aren’t thinking only about next quarter or next year; they’re thinking about the next decade. This is a “once in a generation chance to rethink your business for success” in 2030 and beyond, says Graeme Codrington, Futurist, Future of Work expert, board advisor and author of “Future-Proof Your Uncertain Future” in his VISION by Protiviti podcast.

Image
Business professionals collaborating in future workspace

And there’s a workforce revolution coming, says Dr. Mauro Guillen, Dean of the Judge Business School at the University of Cambridge. Workers are empowered like they’ve never been before and we’re “on the verge of transformations of a magnitude not seen since the onset of the Industrial Revolution.”

Workers have options and will surely exercise them. Carla Harris, Vice Chair of Wealth Management at Morgan Stanley, told Fran Maxwell, our Global Lead of Workforce and Organizational Transformation, that workers “will either use this post-pandemic opportunity to migrate to the jobs they aspire to, or they’ll just create the ones they want.” Take note: The companies that figure out how to best navigate the wants and needs of employees and the jobs they’ll do will be the winners in the future, Harris said.

We hope these insights help you navigate the Future of Work over the next decade and beyond. We also have David Marino on the future of the office and corporate real estate, as well as Dr. Ayesha Khanna on game-changing technologies, such as AI, the metaverse and even gaming. And speaking of emerging technologies, we also take a look at quantum computing’s impact on the future of work with insights from our own Konstantinos Karagiannis.

We also have some intriguing findings from C-level research conducted with our partner, the University of Oxford. The exclusive “Protiviti-Oxford Executive Outlook on the Future of Work, 2030 and Beyond” global strategy report says, not surprisingly, business leaders say emerging technologies, such as AI, will be overwhelmingly transformative over the next decade. What is surprising, however, is nearly three quarters (74%) of those executives believe those technologies will add jobs over the next decade.

Finally, full disclosure: I “borrowed” this headline from Erica Sosna, Founder and CEO of Career Matters, and no doubt readers of a certain age will recognize it for its similarity to a REM song title from 1987. Erica’s brilliant, and we had a fascinating discussion about the future of careers on the VISION by Protiviti podcast. Erica is also featured in the webinar, VISION 2030: Exploring the Coming Workforce Revolution.

After talking with Erica, I think it's the second part of this headline that resonates most for me: And I feel fine. Really, after what we’ve been through the last few years, I’ll take it.

there’s a workforce revolution coming. we’re on the verge of transformations of a magnitude not seen since the onset of the Industrial Revolution.

– Dr. Mauro Guillen, Dean of the Judge Business School at the University of Cambridge

Add a Comment
CAPTCHA
1 + 0 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
* Required
Subscribe to