24/01/2023
FRtalentspace
The external environmental forces control and determine how the internal business environment would structure itself in terms of their talents, policy crafting, positioning, working dynamics, financing and so on.
Recent developments and environmental indicators show that the 'VUCA' world just got more VUCARISED. (Please, excuse my french, lol) This terminology is the only way in my head right now to describe the enormity of what businesses would have to deal with in the present reality of things.
How are businesses coping in these times? The CBN just raised its interest rate to 17.5%. Wow, that's huge, right?
In this era of increased mental health challenges, the percentage of employees who would fall into this category got increased by a 100%. The economic situation and constant fluctuations of market forces doesn't help and most individuals are left in a perpetual state of hopelessness and fear.
For business owners who want to remain afloat amidst all the turbulence, improving their employee value proposition is critical to their business survival.
Leaders of people-centric organisations know that to be successful as a business, the employees need to be wholesomely engaged and treated fairly.
We all need each other at this time - employer and employee. Your CEO is facing a number of challenges to keep the business afloat. This is the time to also lend support to keep everyone in employment. I am laying this charge on Line management staff to start leading from the bottom by being strategic, empathetic and taking ownership of their respective spaces to support the organisation to, at the very minimum, remain afloat even amidst the VUCA environment.
How are you keeping your organisation functioning in these times?
Would like to know. You may be helping someone.....