The labor scarcity we are experiencing is very real and worrying. But even a people crisis can be viewed as an opportunity for innovation. This existential people crisis is going to radically transform the whole future of work. We need to take a closer look examining the drivers of this situation, and recognize that solving this existential talent problem is critical to long- and short-term viability of an enterprise and an issue that demands innovative solutions.
Long-term strategic innovative solutions are needed.
Many of the top companies list innovation as a top priority in reimagining their products, business model and their digitization. But people innovation must be the top priority as it will impact everything else. In every season your business will have to innovate and adapt not only to the changing needs of your customers, but your people as well.
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