Mental Health, Burnout & Hybrid Work: Key Insights for Today's Leaders

As the “Great Resignation” persists and continues to disrupt the workforce, it’s time for organizations to look at it from a different perspective and treat it as an opportunity to engage in the Great Reimagination—reconstructing the organization’s current approach to workforce strategy. Other business leaders can view it as the “Great Upgrade” as they improve their capabilities to hire and retain top talents.

The recent research conducted by MIT Sloan Management Review, in collaboration with Deloitte, provides insights on how organizations can orchestrate their workforce ecosystems in a way that can help them upgrade their workforce management capabilities. According to the study, 74% of leaders perceive that the management of external contributors, such as contract workers and freelancers, is critical to organizational success.?

In addition, business leaders understand that external contributors' ecosystems, such as the gig economy, are poised for massive growth in the coming years. Hence, It is crucial for organizations to re-think their current workforce strategies and re-construct their workforce ecosystems in order to thrive amidst the current environment.

Burnout, Hybrid Ideologies and Theories Behind Automation: Trending Topics?

●?????Another factor to acknowledge as to why the Great Resignation continues is burnout. Companies must listen to their employees and focus on their mental health to avoid further staff turnover.

●?????An MIT Sloan Management Review article features the discussion revolving around the feasibility of a four-day workweek for the Future of Work. Advocates of the four-day workweek suggest an increase in productivity in the workplace, and businesses are becoming more interested in such arrangements.

●?????The hybrid work model goes beyond working remotely to maintain a healthy work-life balance; it’s also the clash of two ideologies around command control and trust between employers and employees.

●?????There is a great debate on whether robots will finally replace humans in the future of work. A New Yorker article explores this debate extensively as it discusses the theories behind automation as it scales up in the workplace.

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More News of Note:

The World Economic Forum is working with MBO Partners and other players to improve the working conditions in the gig economy as it discusses the flexibility for women in the workplace.

A new Deloitte survey taps Gen Z and Millennials, the fastest-growing segments of the workforce, to ask what they need from employers today. The results may surprise you.?

Of course, we’d love to talk virtually as well. Share your thoughts with us at MBO Partners on Twitter, Facebook, Instagram, and LinkedIn, and we’ll see you again next week!