As we speed toward the opening of Q4, many organizations are likely full-speed ahead\u2014relying on their September Surge of hiring to meet the year-end demand from customers and clients alike, while helping the organization hit those all-important Q4 financial goals. But before business leaders get too in the weeds executing last-quarter strategy, it\u2019s important to get some perspective.<\/p>\n
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Strategizing for the future should be tied to understanding both the past and present\u2014that mindset can help you problem solve for potential challenges, while developing a good appreciation for the context that could be fueling some of those challenges. Here\u2019s what we\u2019ve learned so far from the first three quarters of this year that could be impactful as we wrap up 2023:<\/p>\n
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Economic uncertainty cloaked most of this year so far, but there are signs that a recession may not be in the forecast after all. According to research by the Conference Board, most CEOs think an economic downturn could still happen, but the majority think it will be \u201cshort and shallow\u201d\u2014the number of CEOs predicting a significant recession plummeted in the last year. Good news, for certain; however, if the first three quarters have shown business leaders anything, it\u2019s to be prepared\u2014for anything!<\/p>\n
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Late last year, ChatGPT hit the market and became the fastest-growing app in history\u2014and that should show employers that the appetite for technology is there, among both its employees and its customers. Workers today are craving the same tech-infused experience they have outside of work when they\u2019re on the job\u2014and employers have to deliver. From seamless application and onboarding processes to a work environment where tech is leveraged to give employees easy access to information, employers should make sure their Q4 strategies include a deepening connection to work tech.<\/p>\n
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Even though the Great Resignation may be in the past and employers likely don\u2019t need to be as hyper-focused this quarter on turnover concerns, that doesn\u2019t mean they should ease up on meeting employee expectations. New research from Edelman, for instance, finds that 83% of employees surveyed want their employer to help them with career progression\u2014meaning that, if you don\u2019t already have robust learning and development programs in place, Q4 is the time to make that happen.<\/p>\n
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While this quarter is likely to be one filled with future projections and forward-looking strategizing for 2024, business leaders also need to focus on the here and now: Ensure your employees\u2019 needs are being met and that your staffing strategies are informed by the changing context of the job market. Such a focus can help employers take their Q4 goals to new heights and start 2024 on the right foot.<\/p>\n
Need help finding the best talent for your roles? Let’s work together.<\/p>\n","protected":false},"excerpt":{"rendered":"
Like it or not (and believe it or not!), the end of the year is almost upon us. As we speed toward the opening of Q4, many organizations are likely full-speed ahead\u2014relying on their September Surge of hiring to meet the year-end demand from customers and clients alike, while helping the organization hit those all-important…<\/p>\n","protected":false},"author":3,"featured_media":14279,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[10],"tags":[],"class_list":["post-11551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-integrity-insights"],"yoast_head":"\n