2021 | Why 'people over profit' is set to become business' new mantra

It’s undeniable that the coronavirus pandemic’s adverse effects on the business world have shaken its business priorities. Whilst most companies are still mitigating the global pandemic and, as such, are unsure of its lasting ramifications, many predict that it will continue to have lasting influence on their future direction.

In many ways, 2020 has been a perfect storm of elements, naturally pushing business’ hand in progress and innovation, both on predicted future trends and completely unpredictable change management.

Coronavirus, as well as the rapid development of digital technologies, Brexit and environmental issues, are all catalysts for an anticipated transformation in priorities in the next five to 10 years.

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Business strategy | Why you should be a 'green leader'

And, in a new study by The Institute of Leadership & Management, data shows that this will evolve into more compassionate leadership, which looks set to take centre stage.