January 2nd 2024.
Tina Hamilton, founder and CEO of myHR partner and a member of the Entrepreneurs Organization, recently revealed to Apple News her highly anticipated business trends for 2024. With her firm being recognized as one of Inc.'s Best Workplaces this year, Hamilton is in a unique position to guide the current workforce into the future.
Hamilton predicts that the dynamics of the workplace will experience big changes in the coming year, due to the major leaps in globalization and technology. Companies will increasingly prioritize sustainability, incorporating policies on renewable energy, eco-friendly production, and waste responsibility.
Government officials at all levels are expected to become more directly involved in the workforce. Hamilton believes that it is the responsibility of policymakers to protect workers' rights, support retraining initiatives, and promote diversity and inclusion. This increased collaboration between the public and private sectors will create an environment conducive to innovation and economic growth.
The “gig economy” will become more prominent, with platforms facilitating freelancing and short-term projects offering individuals more flexibility and diverse income streams. Companies will seek out global talent with critical thinking, creativity, and high emotional intelligence. Remote work will become more commonplace, with the hybrid approach of combining the flexibility of remote work with the benefits of in-person collaboration.
Finally, Hamilton predicts that hiring processes and daily business will be largely dictated by Artificial Intelligence and automated data analytics. This will require applicants to be highly skilled in order to stand out.
These trends will have a big impact on how business is conducted in the future. By being aware of them now, we can better prepare ourselves for the changes to come.
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