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3 trends changing the workplace

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in Leaders & Managers,People Management

Fierce, Inc., an award-winning leadership development company, predicts that many of the “old school” management practices will go by the wayside as organizations adopt new models for engaging employees.

Halley Bock, CEO and president of Fierce, Inc., says “Over the course of 2014, we will see new approaches to management and employee communication evolve in business-altering and business-bettering ways.”

Here are some of Fierce’s predictions:

  1. Hierarchies will disappear. Many organizations are doing away with tiered managerial hierarchies and adopting “holacracies,” in which authority is evenly distributed across all employees rather than a few leaders. Think about it: How can you grant employees more authority and autonomy?
  2. Flexible work arrangements will be needed to retain employees. Specifically millennials—who will comprise a large portion of the workforce—will commit to companies that offer that perk. Expanded flexibility, including schedules, locations, and a variety of assignments and roles within the organization will be more appealing than compensation to many new workers. Think about it: Are you offering flexibility? Can you offer more?
  3. Annual performance reviews will move to real-time conversations. Organizations will focus more on offering ongoing feedback to correct problems and improve morale and performance, as opposed to evaluating feedback only once a year. Think about it: Do you offer regular and ongoing feedback?

—Adapted from “Fierce, Inc. Predicts Drastic Changes to Traditional Business Structures in 2014,” www.fierceinc.com.

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