The intersection of leadership, power and collaboration were high on the agenda on Tuesday. One thing many speakers agreed on is that workers increasingly hold more power, and good leaders must show empathy and understanding of their needs amid ever-changing working conditions.
Creating an environment that invests in workers' skills and wellbeing is crucial. And where people feel connected to the culture and purpose the company. Adecco President, Christophe Catoir, gave one example: “We have become very aware that we need to reinforce our onboarding in person,” he said. “Turnover has increased in the past years and this is connected to less adhesion to company culture. We feel that onboarding is playing a big role in this trend.”
What begins with onboarding continues with a true commitment to investing in workers and empowering them through offering opportunities to reskill and upskill at work. As Spanish Prime Minister Pedro Sánchez said, “human capital is the engine driving growth.”
Here are the five biggest stories from the world of work on the second day of Davos.
1. Upskilling refugees to create economic opportunity
The conflict in Ukraine has torn open delicate debates about migration flows in Europe, sparking discussions over the future of the European economy. For Vice-President of the European Commission, Margaritis Schinas, "the time has come to de-toxify debate around migration".
Creating a skilled refugee workforce could change the migration dynamic, speakers agreed.