This podcast explores the labor market and concerns about hybrid work. It also discusses the challenges faced by leaders in adopting hybrid work models and the importance of events, culture, and flexibility in the workplace. Additionally, it highlights the demand for talent in the security industry and the need for early security education. The podcast also delves into Cisco's ESG initiatives and their impact on the company financially and culturally.
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Quick takeaways
Leaders face challenges in determining the right approach to hybrid work and striking a balance between employee preferences and organizational needs.
Flexibility in work arrangements allows companies like Cisco to cast a wider net in talent acquisition, leveraging video technology to bring in the best talent regardless of their location.
Deep dives
The Changing Business Environment
The business environment today is characterized by dynamism and a shift in how customers perceive technology as an enabler for success. Customers now engage in discussions on how sustainability intersects with their business objectives, prompting longer-lasting conversations on modernizing infrastructure and enhancing security. While the business environment is dynamic and technology-driven, leaders also face challenges in determining the right approach to hybrid work and striking a balance between the preferences of employees and organizational needs.
Flexibility in Work and Talent Acquisition
Flexibility in work arrangements allows companies like Cisco to cast a wider net in terms of talent acquisition. For certain technology roles, organizations can leverage video technology to bring in the best talent regardless of their location. However, creating a conducive remote work environment requires deliberate efforts in fostering spontaneous moments of interaction, replicating the water cooler conversations and building a culture of collaboration. While there may be some softening in the labor market, the demand for skilled professionals, particularly in areas like cybersecurity, remains high, offering opportunities to train and upskill individuals from diverse backgrounds, including through early education.
ESG Initiatives and Business Impact
Cisco's purpose of powering an inclusive future for all has shaped its sustainability initiatives and goals. The company has set ambitious targets for achieving net zero emissions and has developed a scientific plan to guide its efforts. Embracing sustainability not only aligns with Cisco's inclusive future vision but also presents growth opportunities through energy-efficient technologies that not only benefit the company but also help customers save energy. As climate change becomes an urgent concern, Cisco is committed to pushing its sustainability agenda further in response to the demands of technology and its people.
Fran Katsoudas, Chief People, Policy, Purpose Officer at Cisco, discusses the labor market and concerns about hybrid work. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.