By Jason Richmond, CEO and Chief Culture Officer, Ideal Outcomes, Inc.
The turbulence of the Covid-19 pandemic altered the attitude of employees in ways that corporate leaders never imagined. The enormity of the crisis and its impact on individuals led to workers taking stock of both their personal and professional lives.
I became aware of the sea change in the mindsets of members of their teams as I worked with executives in several industries and witnessed them grapple with the effects of transferring much of their business to a remote environment. I noticed how they completely reevaluated their work-life balance and in the process, often reaching the conclusion that their companies were not treating them as well as they would desire.
My personal observations were validated when Oracle recently published its AI@Work: 2021 Global Study titled “Back in the Driver’s Seat: Employees Use Tech to Regain Control.” Oracle’s survey of nearly 15,000 employees, managers, HR leaders, and C-Suite executives in thirteen countries found that a staggering 93 percent had used the past year to reflect on their personal and professional lives and think about the future.
That reflection led to significant findings that companies cannot ignore: 88 percent of respondents maintained that the meaning of success had been redefined for them with work-life balance, mental health, and flexibility becoming top priorities. Of major concern is that 85 percent stated they were not satisfied with their employer’s career support and 83 percent wanted to make career changes in the upcoming year. For me, these are among the most important takeaways from the Oracle survey and require serious attention from executives.
In my new book Culture Ignited: 5 Disciplines for Adaptive Leadership, I have a chapter called “Turn Crisis into Opportunity”—and that’s exactly what senior leaders need to do. They have to be in the vanguard embracing the needs of this changed, more reflective workforce or risk losing their employees to competitors that have proved more adaptive. Crises stretch senior executives, but real leaders can turn unprecedented challenges into ways to stimulate and strengthen corporate culture and reignite employees’ belief in the business for an even brighter future.
I became aware of the sea change in the mindsets of members of their teams as I worked with executives in several industries and witnessed them grapple with the effects of transferring much of their business to a remote environment. I noticed how they completely reevaluated their work-life balance and in the process, often reaching the conclusion that their companies were not treating them as well as they would desire.
My personal observations were validated when Oracle recently published its AI@Work: 2021 Global Study titled “Back in the Driver’s Seat: Employees Use Tech to Regain Control.” Oracle’s survey of nearly 15,000 employees, managers, HR leaders, and C-Suite executives in thirteen countries found that a staggering 93 percent had used the past year to reflect on their personal and professional lives and think about the future.
That reflection led to significant findings that companies cannot ignore: 88 percent of respondents maintained that the meaning of success had been redefined for them with work-life balance, mental health, and flexibility becoming top priorities. Of major concern is that 85 percent stated they were not satisfied with their employer’s career support and 83 percent wanted to make career changes in the upcoming year. For me, these are among the most important takeaways from the Oracle survey and require serious attention from executives.
In my new book Culture Ignited: 5 Disciplines for Adaptive Leadership, I have a chapter called “Turn Crisis into Opportunity”—and that’s exactly what senior leaders need to do. They have to be in the vanguard embracing the needs of this changed, more reflective workforce or risk losing their employees to competitors that have proved more adaptive. Crises stretch senior executives, but real leaders can turn unprecedented challenges into ways to stimulate and strengthen corporate culture and reignite employees’ belief in the business for an even brighter future.