Responding to the Great Resignation
Explore a 48-minute conference talk from the World Economic Forum's Davos event addressing the "Great Resignation" phenomenon. Delve into the reasons behind the mass exodus of workers, particularly in the United States, where over 4 million employees quit their jobs monthly in late 2021. Examine the scope and duration of this trend, and discover strategies employers can implement to attract and retain staff in the current labor market. Gain insights into various aspects of the issue, including state government employee shifts, changing job preferences, adapting to new generations, the importance of purpose and flexibility in the workplace, and the challenges faced by different sectors such as healthcare. Analyze the long-term implications of this trend and discuss potential solutions to create value and address leadership problems in the evolving work landscape.