Economic Volatility and People Strategy

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Economic Volatility and People Strategy

Economic Volatility and People Strategy

See the Deeper Meaning Behind the Data for Better Decision Making

Aon surveyed more than 200 HR leaders about their people strategies during times of economic volatility. Learn more about how organizations are approaching market shifts, changing workforce expectations and technological advancements. 

Key takeaways:

  1. Regular workforce evaluations should be a priority to align with evolving business needs, optimize efficiency and improve resilience during challenges.
  2. HR leaders can collaborate with executives to align workforce priorities, fostering impactful leadership and accountability.
  3. Proactive HR strategies, such as reskilling and managing change, minimizing disruptions, enhancing productivity, and driving sustainable growth through adaptive workforce planning.

  • 37%

    Of all respondents are reviewing their people strategy in response to economic volatility, while 31% of all respondents say they’ve already adjusted one or more components of their people strategy to plan for economic volatility.

  • 83%

    Of respondents said that people strategy decisions are made by the C-Suite in their organization.

  • 58%

    Of respondents are likely or very likely to increase investment in automation and technology in the next 12 months, as a response to economic volatility.

Ready to Explore Further?

Understanding People Strategy in Economic Volatility

 Discover how organizations are adapting their people strategies to navigate market fluctuations, evolving workforce expectations and technological advancements. Aon's survey of over 200 HR leaders unveils key insights to help your business make better decisions in uncertain times.

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