There is no denying that redundancy is an unpleasant reality to face. Learn how responsible organisations can approach the matter ethically, and in a way that helps individuals and the business.
Today’s businesses operate in a more challenging, competitive and fast-paced environment than ever before. In an increasingly global and digital marketplace, rivals can come from anywhere and emerge before incumbents have had time to respond.
At a World Economic Forum panel in Dalian, China in June, business leaders further highlighted that digital transformation has forced every company, regardless of sector, to reconsider their existing business model. From Blockbuster’s demise, the rise of Netflix and Transferwise changing the nature of the financial sector, the ability for businesses to evolve has never been more important.
Despite all of the technological change going on around us, the key to business growth still lies in a company’s people – and specifically, the ability to be agile, upskill and change its workforce to meet new and more diverse business dynamics.
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