A Study on Emerging Trends In Management

Adapting to Changing Work Environments and Demographic Shifts

Abstract

The nature of work is changing in ways that require innovation in howleaders engage and manage their workforces.  Technology has createdvirtual workplaces, resulting in co-workers being widely dispersed and workingat different times of the day. The mixture of people in the workforce isevolving too, spanning generations and geographies with a demographic morediverse and reflective of the communities where companies are located. Despitethe global recession, employees continue to enjoy more choice of where to work.They no longer plan to stay with a company for life, leading to increasedjob-hopping and cross-fertilization of workplace cultures. In response to thesechallenges, the best workplaces focus not just on workers’ basic economic andsecurity needs, but on creating meaningful work and supportive social networksfor employees.