The year 2017 has kicked off with a bang, promotions, innovation and employment engagement at work has kept virtually every organization on its toes. The optimism shown in the markets has not conciliated the lingering challenges faced by the Human Resources fraternity and employees following a year of uncertainty and precariousness.
Fiscal fragility has been witnessed in many emerging markets and the pressure on social protection systems is compounding the stress on individuals and families. How does the company look at strengthening the ecosystem as per the need of the hour? In such a scenario, it is of paramount importance for organizations to take a step ahead in establishes a "Healthy" workforce in terms of its mental and physical capital focused at overall well-being of the organization as well the employees.
So, what does it mean to be an "employee" is this era? Today they have far-reaching implications and requirements. Simultaneously, business models are adjusting to take advantage of contract or contingent workers - in part to address the talent scarcity challenges but also in response to what an individual say they want out of a job.
Executives globally recognize and accept the fact that stasis is a formidable enemy of business growth. Continuous change sustained over a definite period in business is the key to actualize the business strategies and accomplish the organizational vision. HR leaders have therefore to stay in tune with the dynamic changes in the business environment so that they can act as perfect catalysts in creating and evolving solid organizational structures that can lend the right impetus to address the implementation of the business strategy.
With this in mind, most of the organizations are driving change initiatives through the key leadership teams applying the theory of Positive Leadership. As the organizational structure design evolves, it becomes imperative for businesses to promote a positive climate and create a "healthy" workforce. A healthy workforce means the promotion of both psychological as well as physical well-being. Organizations therefore thrive to nurture positive emotions as a key constituent in the DNA of its workforce. Positive Psychology as defined by Dr. Martin Seligman, the founding father of Positive Psychology science- "Scientific study of "Optimal Human functioning to discover and promote the factors that allow individuals and communities to thrive." In Organizations Positive psychology translates into the science of empowering people to flourish as they work and as a result of this they are able to exceed performance expectations resulting in the achievement of the organizational goals and Vision.
While organizations today are driving this massive agenda of driving change, the leadership thrust on arriving at a proper mix of Hedonic and Eudaimonic well-being is its core.
Hedonic well-being is the element which focuses on maximizing pleasure and minimizing pain while creating the positive emotions of joy and satisfaction at workplace. Eudaimonic well-being at the other end of the spectrum focuses on helping the employees find a clear purpose and meaning in achieving the organizational goals while realizing their strengths and talents to their fullest potential.
As India is moving at a quick pace to be reckoned as a developed economy in the upcoming years, organizations which are driving the change in their business processes, structures and systems are adapting their organization structures in synchrony with their talent pool.
The structural redesign being driven from the topmost therefore identify the new behaviors that are expected for the business. These adaptations of behaviors and the creation of the new behaviors normally create stress in employees while disengaging them from the organization's objectives. Human Resources add value by partnering with the line managers as they align these new behaviors by identifying the basket of strengths of each employee in harmony with their talents and as a resultant effect neutralize the stress impact created by the organizational changes. This naturally results in Eudaimonic well-being, since these employees are able to unleash their strengths and talents in the new organization structure and in the same vein derive a sense of fulfillment of purpose and meaning in whatever they are expected to do.
Having a strong decision mechanism underpinning job design has never been more critical, especially as new jobs are emerging faster than ever before. Job design is where HR can truly add business value.
The challenge is also to consider the job's contribution to the creation of value in the organization. We all know that business leaders do not have the endurance for lengthy job evaluations, so the process must be rapid, intuitive, and handy for all line managers. In contract, regular conversations about an employee's performance and grooming talent for the future are considered to be critical for an individual's growth and are critical for organizations long term survival. Business researcher Josh Bersin estimates that about 70% of multinational companies are moving toward this model, even if they haven't arrived quite yet. The majority are implementing a more scientific approach to valuing contribution.
Responsible and responsive leadership was the lead topic at the 2017 World Economic Forum Annual Meeting. The theme of discrimination and income discrepancy is forcing policy discussions on minimum wage and living wage and gender pay gap. It's time to cultivate a thriving workforce, an empowered workforce that responds to the changing work landscape. This means creating an environment where each individual employee can thrive and flourish at work. So, the key is attracting and nurturing the strengths and talents of the company so that they are in sync with the organizational vision and value system. This naturally means the organizations while driving the business changes are bringing in core positive leadership traits at the top level to promote a positive work climate bringing in the right positive emotions while at the same time helping the employees to find clear purpose and meaning at their work by optimally utilizing their strengths and potentials to their maximum best.
Echoing the positive psychology framework of Dr. Seligman, in today's business scenario it becomes more than vital to tap into a neatly designed organization structure that focusing on customer centricity through employee centricity requires the employment of the right blend of Positive Emotions, Employee Engagement, Resilience, meaning at work which ultimately results in the Achievement of the organizational goals as well individual career goals.