If one thing became strikingly apparent in the working world during the pandemic, it is perhaps that the extant hierarchical structure of work was in urgent need of reform. By overhauling the structure of teams and broadening the scope of recruitment, can companies overcome the ‘Great Resignation’ to attract and retain talented professionals?
As memories of the Covid-induced recession slowly dissipate, the business world now finds itself facing a so-called ‘Great Resignation’. A recent worldwide McKinsey survey revealed 87 percent of businesses across sectors are facing or anticipating a talent shortage.
Factor in the pace of shifting technology and the polarisation of politics and society as compounded by the pandemic, and it seems we’re facing a perfect storm. However, if there’s anything recent years have taught us, it’s that the best businesses evolve. Overcoming this particular issue and winning the war for talent will be no different.
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