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7 Key Insights from UNLEASH World 2024: Shaping the Future of Workforce Management

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Posted by
Sheriff Aminu
Published
October 21st, 2024

As we reflect on our time at UNLEASH World 2024, it's clear that the future of work continues to evolve rapidly. We had the privilege of attending discussions with HR thought leaders, industry experts, and innovators, and we're excited to share some of the most impactful takeaways from the conference. These topics are critical to understanding the challenges and opportunities ahead for HR, workforce management, and leadership in a global context.

1. Building Organisational Community

Creating a strong organisational community is more vital than ever. Leadership and collaboration are key drivers in cultivating this sense of unity, as emphasised by experts like Gary A. Bolles Businesses must focus on empowering their teams, fostering trust, and maintaining open communication to ensure a resilient, engaged workforce.

2. Diversity and Inclusion

Inclusion and diversity were major themes at UNLEASH, with insights from organisations like Booking.com and Jobs for Humanity . The discussions centred around how to diversify the job market and build more inclusive workplaces that reflect the communities they serve.

Roy Baladi, the founder of Jobs for Humanity shares: “We cannot be inclusive unless we’re accessible” – the key aspect of diversity, equity, inclusion and belonging is access.

The path forward requires intentional strategies to break down barriers and ensure equitable opportunities for all.

3. Future of AI and Data in HR

The intersection of AI, data, and HR is reshaping the future of work. Speakers like Volker Hirsch explored the trends and challenges of integrating AI into workforce management, particularly around data-driven decision-making. From automating repetitive tasks to personalising employee experiences, AI is becoming a crucial tool for HR professionals to enhance efficiency and drive innovation.

4. Geopolitics and Globalization

In today’s post-globalisation era, businesses are navigating a complex geopolitical landscape. Daniel Thorniley discussed how shifts in global power dynamics are affecting economies and workforce strategies. For companies, understanding these changes is essential to adapting to new global challenges and seizing opportunities in an unpredictable world.

5. Innovative Leadership

Leadership in a rapidly changing world demands innovation and adaptability. Prominent figures like Peter Hinssen and Amy Webb highlighted the need for proactive leadership that anticipates future challenges rather than reacting to them. Forward-thinking leaders are those who embrace change, take calculated risks, and inspire their teams to think creatively.

6. Recognition and Learning in the Workplace

Employee recognition and promoting a culture of learning were identified as key drivers of organisational success. Companies like Cisco and Rolls Royce are leading the way by encouraging learning through experimentation and continuous improvement. Recognising employees' contributions fosters loyalty, while learning initiatives keep teams competitive in an evolving job market.

7. Reskilling and Workforce Development

As job markets shift, reskilling has become a critical priority for many organisations. Mel Lee from HSBC shared insights on how businesses are investing in workforce development to ensure their employees are equipped with the skills needed for the future. This reskilling effort is not just a competitive advantage—it’s essential for long-term organisational success.

What Does This Mean for Your Organisation?

The conversations at UNLEASH World 2024 underscored that businesses must adapt to thrive in today’s complex, globalised, and technology-driven environment. Whether it's through innovative leadership, reskilling efforts, or leveraging AI in HR, the future of work requires organisations to be proactive, inclusive, and strategic.

At CoComply, we’re dedicated to helping businesses navigate these challenges through cutting-edge solutions for contingent workforce management, ensuring that you remain agile and compliant in this fast-evolving landscape.

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