Workforce devolution is on the rise and global markets influence London perhaps unlike any other city.
The pace of change that London deals with can sometimes be an instant change given the nature of the digital age we live in others well they happen over time. One such timely transition is the move towards the devolved workforce.
Workforce devolution encourages companies, and as a result their workforces, to change their practices through choice and in some cases through necessity to survive and/or retain/hires the best talent.
In current human capital terms, there is now a major shift to ‘re-organise’ the workforce and create a team or local pockets of people with power and authority to act independently. In recent surveys this ranked as the highest priority of HR leaders for firms of 5000+ employees, some this will be for forms of 500+ and then by the end of the decade for firms of 50+.
The top 5 goals of workforce reorganisation can be listed as follows:
- Generate a customer-centric workforce
- To empower employees
- To grow variety of employment options and so secure retention
- Deploy local knowledge where it matters
- To align the workforce with your objectives in a more intimate way