Employee engagement initiatives have come a long way, from providing ‘pay and rewards’ to including ‘quality of life’ which is about employee well-being, both, physical and mental; work-life balance, quality of work activities and more. These inclusions to the employee engagement initiatives are inviting organisations to acknowledge each employee’s uniqueness and understand that there is a need for differentiated engagement approaches.
The world is changing at an accelerated place. Our globalized world is so interconnected now that changes in one corner of the world have unpredictable effects in another corner, like a ripple in a pond. Many of us in the management space call it the VUCA (Volatile, Uncertain, Complex and Ambiguous) world – a world that is so interconnected and complex that one cannot predict the future or act with certainty. Our organisations are still working with yesterday’s frameworks – strategies that are too linear today, human resource perspectives that render inapplicable and tactics that are too slow-rigid for the VUCA world. In the VUCA world, talent, therefore, will become even more critical; experience, knowledge and information will not be differentiators any more. So what will be?