COVID-19 has created a tremendous shift in the business world. Pre-pandemic, companies were making all of the decisions. Post-pandemic, the power now belongs to the people. Employees are no longer grasping at neverending ladders but instead demanding flexibility, a positive work culture, and a company mission that mirrors their values.
As businesses scramble to retain the best employees, they must focus more on employee happiness and sustainability and less on financial upsides. Add in changing technology and consumer needs, and companies are going to have to evolve in a number of ways over the next decade if they want to survive.