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Here are the top news stories in talent & organization from this week.
Remote work may soon become mainstream
Remote work will cross the chasm in 2019 among American professionals, predicts Tomas Suros. “While heavily regulated industries such as accounting, banking, legal services and insurance were once slower to adopt flexible workplace practices due to compliance issues and other barriers, they are now becoming commonplace in these spaces,” he writes in Accounting Today. Suros believes there are several factors contributing to the burgeoning trend, including increased connectivity, cloud-enabled remote access and the growing pressure of millennial influence. “In part, the trend has been facilitated by companies striving to compete in today’s rapidly evolving workforce,” he writes. “A recent Gallup poll observed that up to 43 percent of employed Americans work at least partially remotely – and that offering work-from-home benefits proves advantageous for companies in terms of employee retention.”
The agile leadership paradox
What are the definitive traits of agile leaders? They are skilled at connecting people to perform better and also adept at disrupting the way people think, claims Simon Hayward. “So being an agile leader means being both an enabler and a disruptor at the same time,” he writes in this HR Magazine article. “This is the agile leadership paradox.” According to Hayward, enablers provide clarity of direction; build trust and show empathy; empower others; work together; and develop learning agility. “Agile leaders also need to help others embrace uncertainty and flourish by working in ways we hadn’t even heard of five years ago,” he writes. Disruptors do this by questioning the status quo; being bold and decisive; developing digital literacy; creating new ways of thinking; and staying close to customer trends. “For some this may mean incremental change in response to competitive forces,” he writes. “For others it may require wholesale reinvention.”
Gender differences in top career regrets
When it comes to Americans’ biggest career regrets, there are significant differences between men and women and the types of risks they take. Zety, an online resume builder and career site, surveyed 1,000 American workers about career regrets and job satisfaction. The three of the most common regrets for women dealt with money: not negotiating a higher starting salary, choosing a field that didn’t pay very well, and not being aggressive enough during raise negotiations. Significantly more men than women regret not working harder, not maintaining their network, and not taking more initiative. “This data directly echoes what I’m seeing in my career and executive coaching practice focused on the advancement of women in business,” writes Kathy Caprino in a Forbes blog post. “I’ve seen that many women show a deeper reluctance than men to negotiate powerfully for themselves, ask for more money and responsibility, go out on their own, pursue highly lucrative fields and join more risk-intensive ventures such as start-ups.”
Globalization 4.0 will be the theme of WEF 2019
The World Economic Forum (WEF), from Jan. 22-25 in Davos, Switzerland, will address the theme of “Globalization 4.0: Shaping a New Architecture in the Age of the Fourth Industrial Revolution.” Klaus Schwab, WEF’s founder and executive chairman, defines globalization as a phenomenon driven by technology and the movement of ideas, people and goods. “Globalization 4.0 has only just begun, but we are already vastly underprepared for it,” he writes in this WEF blog post. “Clinging to an outdated mindset and tinkering with our existing processes and institutions will not do. Rather, we need to redesign them from the ground up, so that we can capitalize on the new opportunities that await us, while avoiding the kind of disruptions that we are witnessing today.” Accenture is a WEF partner and we will be hosting several panels in Davos. Tune in next week to our Talent & Organization blog for daily updates and highlights from the conference.
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