We are currently entering the Fourth Industrial Revolution (4IR), which is the technology and automated-fueled era that will completely change how we work.
Digitization in the workplace has reshaped companies both traditional and modern, forcing them to reevaluate how their culture supports the increasingly flexible workforce.
So how can companies start making the move towards the 4IR? For starters, keeping all employees in the loop will be essential.
4IR organizations do not have a chain of command. Instead, the workplace should consist of a variety of people who share their own unique skill sets.
Additionally, employees should expect a higher level of transparency from CEOs. Doing so allows companies to create a culture that holds its leaders accountable and allows workers to feel comfortable voicing their opinions.
Agility and adaptability also play an essential role for 4IR companies. 2020 set a perfect example of why it is important for organizations to be ready to adapt to external obstacles.
Companies with fast decision-making abilities are more likely to stay afloat during crises like the ongoing pandemic.
Along with this agility is the need for flexibility and freedom. If 2020 taught the workforce anything, it is that employees can accomplish work from anywhere.
Allowing workers to choose when and where they work not only improves the employee experience, but it also leads to improved productivity and efficiency.