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Is now the time to set up a healthcare REIT?
The emergence of specialist REITs focused on specific asset classes is good news for both investors and operators.
The first Generation Alphas were born in the same year that the iPad was launched and Facebook notched up its first 500,000 users: digital will be in Generation Alphas’ blood, and they will have high expectations of what’s possible and available digitally in the workplace.
Below are some ideas and questions to help you think about how your organisation can prepare for the future.
How your organisation can prepare for Generation Alpha?
- Embrace digitalisation
Improve business efficiency and unleash employees’ time for more interesting work. - Get to grips with your brand
Meet the challenges of a fast-changing market by understanding how the life cycle your brand is likely to change and by investing in innovation. - Make sure you have the skills your business needs
Make sure your business has access to enough people with the right skills. Collaborate with colleges and universities to influence course development and get involved in mentoring initiatives. - Kick-start innovation in your business.
Diversity of perspective and expertise is a source of innovation. Make sure you’re recruiting from as wide a talent pool as possible and that your employees come from different social backgrounds. There’s a number of ways you can achieve this. Be flexible and recruit for attitude, not just for academic qualifications. Make sure too, that you address any unconscious bias in your recruitment processes. Offer maternity and paternity policies which enable high performers to continue to work and introduce flexible working practices. - Get your people excited about your business
Give people a sense of shared ownership and responsibility for the future and performance of your business by exploring the shared enterprise model. Find a purpose for your firm that looks beyond financial performance.
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