• Seismic economic, geopolitical and technological shifts in the global landscape are challenging the modus operandi of companies and CEOs.
• Leaders need to build their businesses around five types of capital to survive the volatile times to thrive in the longer term.
• The five types of capital align with the World Economic Forum’s stakeholder capitalism metrics, as outlined in its Measuring Stakeholder Capitalism white paper.
• The 2020s are becoming the decade of development for employees and employers in terms of skills and career progression.
• Employers believe that 44% of workers’ skills will be disrupted in the next five years and that six in 10 staff members will require training before 2027, according to the World Economic Forum’s Future of Jobs Report 2023.
• Here are five key factors to help nurture employees to ensure they are future-ready in an age of rapid change.