This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
This product (Future of Work Strategy) is a 29-slide PPT PowerPoint presentation slide deck (PPTX), which you can download immediately upon purchase.
Global consulting firm Deloitte defines a "Future of Work Strategy" as: "a plan or roadmap that outlines an organization's approach to managing the changing nature of work, including trends such as remote work, automation, and new skills requirements."
Many organizations' preparations for the Future of Work are happening in silos of individual business units with more strategically minded leaders. This informal and fragmented approach to the Future of Work raises significant risks, such as conflicting business unit priorities, redundancies in processes and efforts, and misalignment with organizational goals. These risks can have severe cost implications.
A unified Future of Work Strategy can provide a Competitive Advantage, surface innovative ideas, and enhance Employee Engagement. As more organizations invest in planning for the Future of Work, HR leaders must develop a centralized strategy to remain competitive in a disruptive and uncertain environment.
HR leaders struggle to determine the right approach for formalizing the Future of Work at their organizations. Leverage this framework presentation to learn the key principles and the process of establishing a Future of Work Strategy.
This PowerPoint presentation breaks down a 3-phase approach to crafting a Future of Work Strategy:
1. Trends Analysis
2. Scenario Creation
3. Future of Work Strategic Planning
We dive into each of these phases, further breaking down the Future of Work Strategy formulation process into 8 key steps. By adopting this comprehensive approach, we can align our workforce with strategic goals and respond effectively to disruptions, positioning our organization for long-term success.
If HR leaders want to create a Future of Work Strategy in a short span of time and for a short time horizon, they can skip the scenario creation phase (Phase 2) and move straight from trends analysis to Strategic Planning. In doing so, they would conduct the gap analysis and identify initiatives using the prioritized trends and their implications directly, without crafting scenarios first.
This PowerPoint presentation on Future of Work Strategy also includes slide templates for you to leverage in your own business presentations.
This PPT slide outlines the second phase of developing a Future of Work Strategy, focusing on scenario creation. This phase emphasizes the importance of predicting and testing future business scenarios, which is crucial for organizations aiming to adapt to evolving market conditions. The initial step involves identifying the business implications of various scenarios, ensuring that organizations can visualize potential outcomes and their impacts.
Two illustrative examples highlight how different industries can leverage scenario development. The first example discusses a retail company that can create scenarios around the rise of e-commerce and shifting consumer behaviors. This could involve contrasting futures where online shopping either dominates or coexists with traditional brick-and-mortar stores. Such scenarios help the company prepare for various market dynamics.
The second example pertains to a healthcare organization that considers demographic changes and technological advancements. Scenarios might include a future where healthcare is more personalized or one where there is an increased demand for mental health services. This approach allows the organization to adapt its strategies to meet changing patient needs.
The slide stresses that developing future scenarios requires creating plausible narratives based on different assumptions and variables. This structured approach not only aids in strategic planning, but also enhances an organization's ability to respond to unforeseen challenges. By engaging in this process, companies can better anticipate potential impacts and craft strategies that align with future realities. The insights gained from these scenarios can significantly inform decision-making and strategic direction.
This PPT slide outlines the final step in the Trends Analysis phase, emphasizing the prioritization of trends that hold significant potential for impact. It presents 2 methodologies from notable organizations—NASA and John Deere—demonstrating effective approaches to this prioritization process.
NASA employs a three-filter approach, focusing on 3 key criteria: longevity, alignment with employee or talent pool, and opportunity for evaluation. This method allows NASA to narrow down a list of trends and shape their Future of Work vision. After filtering, trends are categorized into themes that facilitate diverse strategies for achieving end-state goals. An example provided is the theme of "designing for sharing and security," which illustrates how trends can be grouped to address specific organizational objectives.
On the other hand, John Deere's Megatrend Assessment utilizes a two-screen filters approach. The first is an impact screen, which assesses the relationship between identified trends and the core business capabilities of the company. The second is an opportunity screen, which ranks megatrends to identify those that warrant focused time and resource investment. This dual-screen method helps John Deere filter and prioritize trends relevant to their Future of Work initiatives.
The slide underscores the necessity of prioritizing trends to enable organizations to allocate resources effectively and focus on critical areas that will drive success in a dynamic work environment. This structured approach not only aids in strategic decision-making, but also ensures alignment with broader organizational goals.
This PPT slide outlines various methods for gathering data related to trend analysis, specifically focusing on identifying trends that impact an organization's Future of Work strategy. It categorizes these methods into 3 main sources: external sources, internal sources, and a multistep process.
From external sources, organizations can monitor industry-specific reports and publications, set up alerts for relevant topics, and attend conferences to stay informed. Engaging with experts and monitoring news sources are also highlighted as effective strategies. The slide emphasizes analyzing competitors' actions and cross-industry trends to derive insights that could influence the organization's strategic direction.
Internal sources are equally crucial. Reviewing board minutes and executive discussions can provide valuable context regarding organizational priorities. Analyzing talent analytics can reveal trends in recruitment and retention, while conducting surveys of employees and customers helps capture their needs and expectations. Insights from progressive business leaders within the organization can also shed light on emerging trends and challenges.
The multistep process encourages a more creative approach to data gathering. Techniques such as premortem analysis and science fiction writing are suggested to envision potential future scenarios. This method allows organizations to identify trends that could shape their trajectory. Engaging stakeholders and conducting market research further enriches the understanding of customer needs and expectations.
Overall, the slide serves as a comprehensive guide for organizations looking to enhance their trend analysis capabilities. By leveraging both external and internal data sources, along with innovative methodologies, organizations can better anticipate changes and adapt their strategies accordingly.
This PPT slide outlines a structured approach for developing a Future of Work Vision and Strategy, emphasizing a comprehensive three-phase process that encompasses 7 critical steps. The first phase, labeled Trends Analysis, focuses on identifying and interpreting trends that are shaping the work environment. This involves recognizing emerging patterns and prioritizing them based on their potential impact on the organization.
The second phase, Scenario Creation, encourages organizations to design programs under the identified initiatives. This phase also includes testing various scenarios to understand how different trends could influence future operations. The goal here is to create a robust framework that allows for flexibility and adaptability in response to changing circumstances.
The final phase, Future of Work Strategic Planning, consolidates insights gained from the previous phases. It aims to measure progress on initiatives and develop actionable strategies that align with the organization's vision. This iterative process ensures that the strategy remains relevant and responsive to ongoing changes in the work landscape.
The slide also indicates that this approach is not linear, but rather iterative, suggesting that organizations should continuously revisit and refine their strategies as new trends emerge. This flexibility is crucial for staying ahead in a rapidly evolving environment. Overall, the framework presented is designed to guide organizations in crafting a forward-thinking strategy that aligns with their long-term objectives while remaining adaptable to change.
This PPT slide outlines the initial phase of a trend analysis process, focusing on identifying trends that will shape the future of work. It emphasizes the importance of a comprehensive approach to trend analysis, which is crucial for developing a robust strategy. The content is divided into 2 main sections: sourced trends and derived trends.
Sourced trends are gathered from both external and internal sources. External sources include insights from outside experts, press reports, and industry-specific trend reports. Additionally, search engine alerts and information from progressive business leaders are highlighted as valuable inputs. Internal sources encompass talent analytics, board meeting minutes, employee feedback, and customer surveys. This dual approach ensures a well-rounded understanding of the factors influencing the future work environment.
The derived trends section discusses the process of envisioning potential futures and working backward to identify necessary steps for realization. Techniques mentioned include premortems, which help anticipate potential failures, and science fiction writing, a creative method for exploring future scenarios. Analyzing competitor behavior and drawing parallels from other industries are also suggested as effective strategies for trend derivation.
Overall, this slide serves as a foundational guide for organizations looking to stay ahead by identifying and understanding key trends. It highlights the necessity of a structured approach to trend analysis, which can lead to informed decision-making and strategic planning. The insights provided can help organizations recognize potential disruptions and opportunities, ultimately aiding in the development of a future-proof strategy.
This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
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