People & Culture. One of the six pillars of the future of work, this encompasses both company culture (people management), and cultural institutions in the new economy. As long as humans walk this Earth, there will always be a requirement for creative professionals in culture, and smart, driven people to manage talent. The new economy has a high requirement for professionals with people management skills, and the ability to drive culture across industries…and the multiverse!

As we move into the future of work, automation, changing workforce demographics or multi-generational workforce, and disruptions in technology are forcing companies to evaluate their company culture, and people management policies. HR professionals have to find smarter ways to manage talent and create a company culture that is agile, risk-tolerant, diverse and inclusive.

Company culture in the future of work is going to shift focus from the employer to the employees, increasing the importance of employer brand management. Irrespective of the size of the company, the priority for HR will be :

🚀 A culture of teamwork and mutual growth 🚀 Positive mental health and employee well-being 🚀 Hybrid working models and flexible timings

Technology is already being used for automating various talent acquisition and management, workforce analytics, performance management, etc. Going forward, HR professionals will have to use AI and ML for managing the workforce and also for workforce analytics. Blockchain will also play a big role in HR tech and talent acquisition.