NEW WORK - new ways of collaboration

 

Editorial

Dear Readers,

How we understand work is changing; traditional careers are a thing of the past and the focus is shifting to the question of what work actually means. According to a study conducted by BCG and the Network, the proportion of employees who want to continue with a traditional 9-to-5 job has dropped to 36% and the vast majority want flexibility at work.

“New Work” is therefore more than just a buzzword; it will help to determine which businesses are successful. To a large extent, this also applies to procurement, which is currently having to tackle one crisis after another with incredible dynamism. Our title story looks at how to implement new forms of working relationships, both with suppliers and partners.

We also share some strategies that you can use to combat the major challenge right now – rising inflation and the tense situation on the raw materials markets. In our People@KGM Strategy series, Managing Director Nicolas Willmann looks at the issues that are in the spotlight in the healthcare sector. And our interview with Rudolf Trettenbrein also features our office in Cologne, which recently celebrated its 10th anniversary.

It’s about reacting as quickly as possible, staying agile. And that’s exactly what modern adapted work methods are needed for.

A brave new working world

How we work has changed fundamentally in recent years and the younger generation in particular is questioning the meaning and purpose behind it. If businesses want to remain fit for the future, and if they want the workforce of the future to see them as attractive employers, they need to face up to their social responsibilities and establish sustainable business models. The concept of New Work is a useful way of approaching this new reality, but many managers are unsure about what it actually involves.

It is important for the success of this new way of working that everyone involved adheres to a certain etiquette and adapts to the new circumstances.

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