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Coming soon in 2019: Four business trends and how to prepare for them

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As we edge closer towards 2019, business leaders such as yourself would be looking ahead for what the next year has in store for the ever-changing employment landscape. 

Understanding and responding to new trends is vital for organisational success, as it enables businesses to make the right decisions and react quicker to change. Based off the latest 2019 Vodafone Trends report which surveyed over 1,700 businesses across the globe, here are four of the most prominent trends that businesses should take note of:

1. Importance of trust in the digital world

In an uncertain world of changing threats, constant risks and changing loyalties, trust has become a valuable commodity. Hence, this drives a need for organisations to manage the risk brought by change and uncertainty in the digital age.

Four in five business leaders feel that their colleagues manage risk well, but 65% feel they need help with risk management while more than half (57%) feel that their organisation would pay to transfer risk.

 

Interestingly, while technology is a key force of change, most organisations react positively towards using it to overcome business challenges. Businesses are generally positive about the role of technology in the future, with close to nine in ten being excited by the future (86%) and agreeing that technology will help them conquer their business challenges (92%).

Key takeaway: Ultimately, companies have to recognise that disruption is impacting every facet of the business world and this calls for leaders to prioritise how they adapt to their employees' changing demands, by putting people at the centre of their strategies.

This prioritisation would include tools and services that transform how people work and do business with their organisation, making it as simple and seamless as possible.

Communications and mobility technologies need to be the cornerstone of transforming customer experiences and improving the productivity of workforces. Businesses need to tailor services to individual needs – whether that’s customers or employees.

ALSO READ: Pragmatic transformation for 2019: 3 trends for HR to watch

Infographics / Vodafone

Photo/ 123RF

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