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Contents
Prologue: How did we get here? 2
Introduction
The social enterprise at work: Paradox as a path forward 10
Belonging: From comfort to connection to contribution 23
Designing work for well-being: Living and performing at your best 33
The postgenerational workforce: From millennials to perennials 43
Superteams: Putting AI in the group 53
Knowledge management: Creating context for a connected world 63
Beyond reskilling: Investing in resilience for uncertain futures 71
The compensation conundrum: Principles for a more human approach 81
Governing workforce strategies: New questions for better results 89
Ethics and the future of work: From “could we” to “how should we” 99
A memo to HR: Expand focus and extend influence 109
About the authors 116
Acknowledgments 118
Contacts 119
Prologue
How did we get here?
VIEWED THROUGH THE
VIEWED THROUGH THE LENS OF PEOPLE AND BUSINESS, THE PAST DECADE HAS BEEN ONE OF TREMENDOUS CHANGE—WITH MORE TO COME.
T
report in 2011. The past decade has been marked by radical change, by a “newness” that has evolved at a pace that can only be described as exponential. Technology invaded the workplace at a speed that would have been unimaginable a decade prior.
Workforce demographics shifted substantially, with five generations in the workforce, a decline in working-age populations in many advanced economies, and an increase in the focus on equality for all workers as it relates to pay and treatment.1 And as the workforce evolved, so did worker expectations—with calls for organizations to do more to help improve individuals’ lives, address societal problems, mitigate technology’s unintended consequences, and act equitably
and ethically.
Throughout these significant changes, our annual Global Human Capital Trends report has offered readers an opportunity to understand each moment in history, viewing the current economic, cultural, and technological landscape through the perspective of people and business. Befor
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