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L∞P and the future of work

In this section, we will learn how some of the core principles in L∞P can prepare organisations for some of the biggest trends in the future of work.

A culture of trust enables organisations for Remote Work

A culture of trust leads to a sense of ownership because trust creates a foundation of mutual respect and understanding between employees and their managers. When employees feel trusted, they are more likely to feel valued and appreciated, which can increase their sense of belonging and commitment to their work. This sense of belonging and commitment can then lead to a sense of ownership. When employees feel a sense of ownership, they take pride in their work and feel more responsible for its outcome. They are more likely to go above and beyond their job requirements, take initiative, and be more creative in their problem-solving.

In turn, this sense of ownership can lead to increased autonomy. When employees feel that they have a level of control over their work and are trusted to make decisions, they are more likely to feel empowered and motivated. This autonomy allows employees to work more efficiently, as they are able to make decisions and take actions without having to constantly seek approval from their managers. Additionally, when employees are given autonomy, they are more likely to feel valued and respected, which can lead to increased job satisfaction and engagement.

Therefore, having a culture of high trust is crucial for effective remote work as it creates a positive work environment that encourages ownership and autonomy, leading to increased employee motivation and productivity.

A data-driven culture facilitates the adoption of AI

Having a data-driven culture prepares organisations for the adoption of AI** by emphasising the importance of data collection, analysis, and informed decision-making. Organisations with a data-driven culture value data as a key asset and have processes in place for data management and analysis. This creates a foundation for successful AI implementation as AI relies on large amounts of accurate and high-quality data for training and decision-making. Additionally, a data-driven culture can foster a more analytical and evidence-based approach to problem-solving, making it easier for organisations to evaluate the potential impact and limitations of AI solutions.

Employee well-being is a must to survive the war for talent

A recent report from Korn Ferry Institute predicts that by 2030 the tech industry labor-skill shortage will reach 4.3 million (85 million worker shortfall for all skills), costing the global economy $8.5 trillion in unrealized annual revenues.

As a result of the war for talent, employees will become less likely to tolerate workspaces that don't actively take action to improve the well-being of their employees. L∞P is ready for this as its purpose is to improve the well-being of professionals in the software industry.