Gen AI Advisor | Business and Digital Transformation Specialist | Intrapreneur | Start-up Mentor | SAFe Agile Coach
50% of the global workforce is #QuietQuitting and 18% is #LoudQuitting and this unhappiness at work costs the world $7.8Trillion in lost productivity!! It’s not easy for Enterprises who are managing the pressures of lower revenue by optimising costs and amidst right sizing have to also deal with boosting workplace morale. Good news is that it is possible by adopting 3 approaches, 1. (Re) storing Purpose: My favourite approach which thrives on bringing Meaning at work, propping enthusiasm by involving the employees in serving the customer, community & society. Empowerment and fuelling curiosity to generate ideas towards the noble purpose acts as momentum builders. 2. (Re) building Belonging : With only 3 in 10 workers having their best friend at work, and hybrid work setting, enterprises need to bring serendipity at play, create opportunities for divergent groups to come together and promote #SharedGoals which foster deeper #Collaboration. 3. (Re) imagining Flexibility: A study has found that Hybrid work flexibility is equated to 8% pay rise, and another Gallup study found that Optimal engagement body occurs when employees spend 60% - 80% of their time working offsite…. Return to work mandates not withstanding, these studies clearly indicate that Hybrid work is here to stay and workers (majority of the time best talent) needs both flexibility and autonomy. Perhaps a shift to OKR model where Outcomes are more important than time spent might help enterprises achieve balance with hybrid work. #TheNewNormal warrants many experiments, agility and an openness by enterprises to bring back the mojo for their employees! https://lnkd.in/g5rBc-hs
Audacious Dreamer | Investor | Chief Growth Officer | CMO
1yI feel Organizations must focus on long term happiness instead of short term gimmicks. They should address life changing scars such as restructuring and be sensitive to the sentiment of the people when these things happen. The people who are let go are naturally disappointed, however it is the people who are left behind who start quiet quitting due to fear and loss of trust. Leaders still get their bonuses while the company is letting go of people because of market conditions, is the unfortunate irony of our times.