Innovation & Wellbeing Are Top EX Concerns

@nickl4

I’m helping several companies at the moment review employee feedback from surveys and virtual focus groups and the like. On top of everything else, there are a couple of clear issues leaders are facing:

First, an innovation challenge. That might sound odd, given all the change & disruption of the last 18+ months. But a lot of those things were already in the works – they’ve mainly been accelerated. Breakthrough and disruptive innovation, which rely on collaboration and risk-taking, have been far harder to achieve. I think this is mainly due to organisations operating in a Survive State. There has been a narrowing of focus as a result. A key question for leaders is how to return to a more open innovation mindset and quickly.

@HBR

Second, a growing wellbeing concern. This is not a surprise, but the sustained slog of the pandemic really is taking a toll on all aspects of wellbeing: physical, social, emotional. As a result, some people have reconsidered their working life priorities. This re-evaluation combined with sustained anxiety is one of the dynamics behind the high turnover many companies are facing. Putting deep and culture-based strategies in place to address wellbeing challenges is critical in order to support people and minimise the risk of losing key talent.

@WillisTowersWatson

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