We talk a lot about the future of work, but what does it actually mean?

According to Jeff Schwartz, Senior Advisor for the Future of Work at Deloitte, the future of work is made of three aspects: how work is changing, how workforces are changing, and how workplaces are changing.

And the future will be here before we know it.

To succeed in the future, leaders have to understand and adapt to these three changing areas. Jeff believes we’re at the beginning of the next chapter of the future of work and that these changes must be at the heart of what leaders and companies are doing.

Here are Jeff’s three ways that business leaders can thrive in the future of work:

  1. Recognize that the role of business leaders is to deliver value, not just cost savings. It isn’t all about the money—leaders need to deliver value to their customers, employees, shareholders, and communities.
  2. Understand that you lead workforce ecosystems, not just individual employees. Modern employees crave teamwork and collaboration, even if their teams aren’t physically together. Leaders have to consider how all the parts of the workforce work together and know how to build diverse and high-performing teams.
  3. Think of yourself as a co-creator and move from a supervisor mentality to a player-coach mentality. One of the most important jobs of a leader is to coach your employees and listen to their feedback. It isn’t about just enforcing rules and sharing updates, it’s about building relationships and having two-way conversations.

The world of work is changing at a rapid pace. The leaders who can adapt to these changes will not only survive in the future but thrive and lead forward-looking organizations and engaged employees.

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