The impacts on work of a year like no other

If you’re interested in the short- and potential long-term impacts on work of this past year, I’d very much recommend a Microsoft article called The Next Great Disruption Is Hybrid Work—Are We Ready?

It’s based on a report called the 2021 Work Trend Index, available from the same site, which outlines findings from a study of more than 30,000 people in 31 countries and “an analysis of trillions of productivity and labour signals across Microsoft 365 and LinkedIn”. That’s some data set.

Its broad findings are under the following headings:

  • Flexible work is here to stay
  • Leaders are out of touch with employees and need a wake-up call
  • High productivity is masking an exhausted workforce
  • Those between the ages of 18 and 25 are at risk and will need to be “re-energised”
  • Shrinking networks are endangering innovation
  • Authenticity will spur productivity and wellbeing
  • Talent is everywhere in a hybrid work world

The research shows that 41% of the global workforce is likely to consider leaving their current employer within the next year, with 46% planning to make a major pivot or career transition. Five strategies are recommended to employers to “rewire their operating model for a successful shift to hybrid work”. It’s a fascinating read.