Insight Magazine The Future of Work | Page 12

Leading Through A Crisis The coronavirus crisis has been a major wake-up call for the world of work. But while our economies have temporarily slowed down, the pandemic itself has paradoxically accelerated the future of work. Building on the lessons we have learnt in the past months, we have a unique opportunity to turn the current challenges into opportunities that will work for everyone. About a month ago, at the height of the current pandemic, a staggering 2.7 billion workers were either under full or partial lockdown. That is around 80% of the world’s workforce. As a result, many of us have been forced to work remotely while others have redeployed their skills to industries that have seen a major boom in demand such as e-commerce and logistics. And while on many fronts the world has been swift to react, the coronavirus pandemic has slowed our economies to a crawl, with the global GDP predicted to drop by 3% next year. COVID-19 and its aftermath mark a new era of work. We are experiencing a profound change to how we work and how businesses operate. From health and safety, remote working, accelerated digitisation to de-globalisation of supply chains; the new world of work will present an immense challenge for workers, businesses and governments. Leading through a crisis requires more than just managing a response to it At the Adecco Group, we have witnessed these changes first hand. With the pandemic being both a public health and economic crisis, right at the start, we set our primary focus on securing the wellbeing and safety of our colleagues and associates and ensuring business continuity to support our clients. More than 30,000 of our own employees have worked from home throughout the past weeks and we have pulled out all the stops to continue facilitating work for more than 400,000 associates every day. Through our brands such as LHH and General Assembly, we’ve made online learning resources and webinars available for free and we’ve closely worked with local and national authorities to help redeploy people where their skills have been needed most. Recognising that unprecedented crises call for unprecedented measures, we have joined forces with other leading HR solutions companies and formed an alliance dedicated to helping people get back to their physical workplaces safely when the time is right. A few weeks ago, we published a practical guide that had reviewed more than 400 examples across 13 countries and five sectors. COVID-19 has been a monumental reality check for the world of work. But just as the quick response to the crisis played a key role at its beginning, it is important now to equally focus on what comes next and build on the lessons learnt. Beyond the imminent crisis: Five key trends shaping the new world of work While some parts of the world are still in the crisis phase and are yet to begin lifting their lockdown measures, most of us have already entered the phase of slow recovery and reopening of our economies. Dominated by the physical distancing and remote working, the new world of work that will emerge from this will be shaped by these five key trends: 1. State involvement in labour markets will remain strong: governments around the world have been forced to act fast and enact measures that have mitigated the negative economic impact on workers and businesses. It is likely that this involvement will remain strong at least in the foreseeable future. 2. From globalisation to de-globalisation: the pandemic has