Only 23% of employees worldwide are engaged at work, leading to a loss of $8.9 trillion in productivity annually. Disengagement breeds a lack of morale and often results in mass exits from organizations. Micromanagement has been identified as detrimental, as it stifles creativity and creates distrust. Human-centered leadership is increasingly important, especially in a hybrid work environment. A significant 73% of workers favor remote work options, prompting 66% of leaders to redesign workplaces to support this trend.
According to recent data from Gallup, only 23% of employees worldwide are actually engaged at work, resulting in a staggering $8.9 trillion in lost productivity—a figure equating to 9% of global GDP.
Employee expectations are changing, and we will need to define productivity much more broadly inclusive of collaboration, learning, and well-being to drive career advancement.
Micromanagement squashes initiative, creativity, and morale quicker than anything else, breeding cultures of distrust and marginalization among teams.
According to the Microsoft Work Trend Index, 73% of workers hope remote work options will stay in place, while 66% of leaders are redesigning workplaces to accommodate these preferences.
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