Office Peacocking - July '24

Dear Colleagues, welcome back!

In the age of evolving workplace jargon, does ‘office peacocking’ ring a bell?

One of the biggest current trends is companies deploying this method to lure employees (who’d rather work from home) back to the office. But how? Think swankier offices straight out of Suits, tastier grub on the house, and what we now know as breakout zones for collabs, casual meetings, and a few relaxing power naps as well! By the looks of it, ‘office peacocking’ could well be a successful bet in massively overturning WFH.

Any workplace upgrade is always a good thing, right? And on that note, we’ve lined up all that you need to know lately.

This month’s HR headlines

An Accenture report confirms what many anticipated all along- 95% of CXO’s expect to invest more in skilling over the next 12 months. Progressive companies will opt to build infra and workplace architecture bases, with skills being the preferred weapon for rewiring present models to ensure future agility. The report interestingly says how human-focused change and engagement should be the foundation of all these efforts, i.e. leaders convincing teams why skilling matters for them and the company.

And there’s the back story to it:

Just a mere 34% of workers have confidence in their skills being useful or valued around 3-5 years into the future. Where does HR come into the picture? By creating conducive environments for agile and collaborative skill development and teaming, while codifying talent pools simultaneously.