Chapter 1

Why Now?

Business priorities are changing quickly and often, and the working population is shrinking. Organizations are on a mission to keep up.

Meaningful Progress

Since the financial crisis of 2008, the criticality of people has been recognized, processes have become more automated and technology more sophisticated. Ultimately HR has transformed its strategic importance to the organization.

But There Is More to Be Done

Progress has slowed because all those new initiatives now feel disparate and static, and no longer aligned to the evolving business strategy. Inefficiencies are accumulating as priorities continue to change, and talent teams are back to tackling new business challenges only as they arise. It seems that businesses are struggling to keep up.

The Rate of Change Will Only Increase

Who, how, when, and where work is done is still evolving.

88%

C-Suite leaders anticipate the fastest ever rate of change in 2024

Top 2

Tech and Talent are the top 2 causes of business change

52%

C-Suite leaders say they are not fully prepared to respond to the rate of change

¹Accenture, 2024

And Great Talent Has Become Scarce

Not only is the working population shrinking in many areas across the world, new skills requirements are emerging as roles and technology evolve. Organizations are struggling in their search for great talent.

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