In the past several years there have been some major disruptions occurring throughout the corporate world and this is particularly true in the area of human resources and in development. A recent study by Deloitte has been released, called the GHTC or Global Human Capital Trends Report and it discusses the new organization design that we are seeing today.
The researchers who worked on the study state there are several global sources that are reshaping the workforce, the workplace, and work itself. This report offers many relevant findings that are important to consider for any business. The data from the report was compiled from over 7,000 responses to surveys, including those from corporate leaders from more than 130 countries throughout the world.
The information from this study has proven to be quite valuable for corporate recruiters, recruiting agencies, legal search firms, and executive search firms. First, the study provides critical ideas on how recruiting agencies can run a more effective business. Second, the report offers many “nuggets” of useful information about how potential consumers are running their businesses and organizations as well.
In order to run a successful business, you must truly understand all of the challenges that your consumers are facing regularly.
The research starts by identifying changes that are currently affecting corporate structures. These are:
The report also lists the top ten human capital trends, which are:
Today we are going to focus on the human capital trend of organizational design.
One of the main points identified by the study is that there have been significant changes made in the organizational structure and design of businesses. The authors agree that companies are currently striving to become more customer focused and agile. This means that many organizations are changing their current functional and traditional organizational models to a newer model that’s interconnected and includes teams that are flexible.
One way to look at this change is to think of companies as though they were a team of hollywood movie producers and less like what a traditional corporate structure would be. Essentially, like a movie set, people within a corporation are coming together in order to complete a project and then disbanding to move on to their new assignments once they complete said project.
Organizational design is clearly trending in the direction of a work environment that’s more focused on using teams rather than relying on individuals to perform a single task. There are many other human capital trends to consider when it comes to the global economy and we recommend having a look at the entire report on the subject from Deloitte. This report is available for free and contains a ton of information that can be extremely useful for embracing change in the new business environment we are engaging in.