
PwC’s Hopes and Fears Survey 2021
Having adapted to the new normal, workforce expectations have also evolved over the past year, with many wanting greater workplace flexibility and options to work outside the office even post-pandemic.
86% of Malaysian respondents say their organisation’s culture must evolve in the next three to five years for them to succeed, grow, and retain the best people |
75% of senior management respondents in Malaysia believe they are role modeling purpose, values and culture in their organisation, only 52% of employees agree |
69% of Malaysian respondents think that their workplace culture has been a source of competitive advantage throughout the COVID-19 pandemic |
86% of Malaysian respondents say they are motivated to learn new skills to support their organisation’s success |
|
COVID-19 has necessitated significant changes to the way we work. Technology has been instrumental in supporting this shift, but there’s another element playing a foundational role in enabling organisations to adapt fast and with greater success - culture.
Our report presents evidence that when the right behaviours are activated, shaping an organisation’s distinct culture, this can be a source of competitive advantage. The insights were drawn from a survey of 3,243 respondents, who told us of their work experiences in the context of the pandemic. In Malaysia, 258 participants across different industries and job levels responded.
We also explore the challenges that are present, for instance, the difficulty in maintaining a sense of community when working remotely, and the gaps in perception of culture between senior management and employees, which can hinder effective culture change from taking place.
Download the full report below to learn more about how culture can help organisations meet their strategic objectives.
63% of Malaysian respondents think their organisation has a distinctive culture that sets them apart from competitors.
86% of Malaysian respondents say their organisation’s culture must evolve in the next three to five years for them to succeed, grow, and retain the best people.
Culture impacts employee motivation and productivity, and it needs to evolve in line with changing times if organisations want to succeed, grow, and retain the best people.
Organisations should identify and focus on a ‘critical few’ behaviours that will enable the type of desired change instrumental in achieving business goals.
The strength of culture - an organisation’s DNA - can be assessed, which is important to do, so organisations can fix problem areas and unleash their people’s full potential.
Having adapted to the new normal, workforce expectations have also evolved over the past year, with many wanting greater workplace flexibility and options to work outside the office even post-pandemic.
Everyone should be able to live, learn, work and participate in the digital world.
In recent years, the world has seen technology develop at an accelerated pace, ushering in a new world that calls for the acquirement of new skills.
Business leaders who are fond of saying their most valuable assets walk in the door each morning will have to come up with a new aphorism. As more firms realize the virtues of virtual work, many business leaders are taking the opportunity to rethink their organizations from the ground up, which will change who walks...
In a remodeled world, it is vital for companies to reinvent ways of working.