Business leaders who are able to stay agile in the midst of uncertainty are poised to thrive in 2022 and beyond.Â
Although many companies are grasping to maintain some sense of pre-pandemic normalcy, a new normal has officially emerged and requires adapting.Â
So what can leaders do to ensure that 2022 moves in an upward trajectory?Â
For starters, it is critical to understand that risk will remain for much of 2022. Instead of waiting for risk to occur, forward-thinking businesses should address challenges in terms of the climate, community health, supply chain issues, labor shortages, and more as soon as possible.Â
Some companies have even created the role of Chief Risk Officer to make sure that risks are not only addressed, but that solutions are created to adapt to emerging situations.Â
One of the most tumultuous trends of 2021 and even the beginning of 2022 has been the return to the office, or lack thereof.Â
Companies have had to consistently postpone their return-to-office dates due to rising cases of Covid-19, meaning that remote and hybrid working will continue to play a significant role in operations.Â
However, the biggest difference in 2022’s flexible work arrangements will be the normalization and stability of these models. Instead of large corporations and financial firms continuing to resist these work arrangements, organizations will accept that they will be necessary for longevity in an uncertain era.Â
Another 2021 trend that will seep into 2022 is the Great Resignation. This time, this mass job exodus will lead to permanent talent shortages in some industries. Â
For leaders trying to retain their current employees and attract new ones, having a deeper understanding of what workers need to perform their best will be critical and may range from technological needs, flexibility, pay, and other benefits.Â
