Project Management Trends in 2022

Project Management Trends in 2022 – Introduction

The corporate industry is changing with every passing second and so are the Project Management Trends in 2022. 

The industry is evolving with the help of innovations and technology. The arena of Project Management is not aloof from these changes. Project Management has gone through numerous transformations that have paved the way for a more effective and convenient work discourse in the past few years.

In 2022, managers from the industrial world have analyzed different Project Managements practices and filtered the ones that prove to be the most convenient.

In this article, we will discuss such trends that have made a mark as the Project Management Trends in 2022.

Inclination towards remote work system

The pandemic managed to strike every business avenue to its very core. Offices closed overnight, and the world went into lockdown. This is where the custom of remote work became prominent. Companies opted for systems that could manage employees from different geographical corners and provide them with an integrated online platform.

Project Management tools like Juntrax proved to be the savior for companies trying to sustain themselves. These Project Management Tools are cloud-based and therefore empowered employees to work in a remote setup. Numerous corporate ventures shifted from offline office mode to a well-structured cloud-based workspace.

Cloud-based project management tools provided a collaborative platform where teams could easily communicate and share their work. It diminished work limitations based on network and location restrictions. Inclination towards remote work systems is amongst the most common and productive Project Management trend in 2022.

You may also like to read : Benefits of using Project Management System in Startups & SME

A hybrid approach to Project Management 

The traditional ways of manual Project Managements might turn out to be tedious, but there are many processes that still work best when performed manually. To build a proper balance between the traditional and modern methodology, managers figured out a hybrid approach to Project Management.

The methodology also keeps in mind the subjectivity of employees belonging to different age groups, experiences, and educational backgrounds. A hybrid approach allows them to learn something new while holding on to their preferred work style. It, therefore, enables different viewpoints, ideas, and work methodologies to combine and yield an active and potential workspace.

You may also like to read : Top 10 HR Trends in 2021

Importance of Mental Health

Over the years, companies in the corporate sector have finally addressed the importance of Mental Health. The past year has taken a massive toll on employees’ mental health as a result of the pandemic, health concerns, constant fear of the virus, and the monotony of staying in seclusion and working alone.

Managers have agreed that managing a project is far more than simply assigning roles and allocating a budget. Therefore, they work on enhancing their employees’ work experience by assisting with regulated work-life balance.

Companies also pay attention to organizing seminars, feedback sessions, and group discussions to ensure that every aspect of their workspace, right from the technicalities to the vibe and work environment, promotes positivity, comfort, and a healthy work system.

Focus on Data Analytics and Research

Companies turned to data and analytics to enrich their project strategies. Data insights from the market and the company’s past performance provide information that guides the team to make informed decisions and implement their actions in a calculated manner. Many companies have even assigned independent teams to collect analytics and put together research that can help their business stay ahead in the market.

Automated Project Management Tools

Automation has been the choice of 2022. A remote and flexible work environment allowed companies to get an insight into software solutions like Juntrax that provide automated assistance for monitoring, updating, storing, and calculating client information, work progress, and other vital data related to the project.

It also has features for employee self-service, which further enhance the overall user experience and reduce the burden of manual management. Right from calculating attendance to administering an integrated data portal, automated Project Management Tools have made their place in the list of Project Management Trends for 2022.

Significance of Soft Skills

Project management is a multi-dimensional task that requires active communication between the team, the company, and the client. Maintaining healthy and professional dynamics pertaining to communication is an important task.

The significance of Soft skills has been highlighted over the years and continues to stay in trend. Effective communication is an attribute that every employee must learn. It helps them communicate their ideas in the best possible way without demeaning others or sounding unprofessional.

The balance between confidence, articulation, politeness, and professionalism is what soft skills are all about. Even while hiring, companies are looking for individuals who have both technical and communication skills.

Conclusion 

Good Project Management directly leads to better work performance of the employees and the company as a whole. 2022 has been symbolic of numerous transformations that the corporate industry went through. Digitization and automation proved to be excellent methods for businesses to reach a wider audience, work at a diverse spectrum and lower their logistic costs.

Cloud-based Project Management Software like Juntrax topped the charts for their unparalleled assistance, prompt functioning, and various tools that upgraded businesses’ work quality and decorum.

 

The Future of Recruitment

The Future of Recruitment

We always wonder what will be the future of recruitment? Change is the one thing that remains constant through different situations and circumstances. It is this constant change that can also be witnessed in the process of recruitment.

In the current times, recruiters have a different approach towards shortlisting and hiring candidates as compared to the way it was done in the past.

Numerous factors affected the ways in which the process of evolved over time. The Covid 19 pandemic created the requirements for opting for a digitally inclined process.

Movements like feminism led to the inclusion of women in companies and organisations which again changed the recruitment process. Upsurge against racial discrimination again led to changes in the distribution of equal opportunities for people despite their cultural, ethnic, religious or racial background.

Future of Recruitment

With all these changes it was an inevitable phenomenon for companies to transform their recruitment processes and structure them to fit the demands of the world, the skill set required by the company and their own moral and ethical responsibility towards the candidates.

In this article, we will talk about five major predictions about the future of recruitment.

Predictions on Future of Recruitment

Prediction 1

Companies will promote building and borrowing instead of hiring 

Internal mobility might not be the first option for most of the companies in future. Even in the current times, there are numerous ventures which prefer to outsource work or partner with other firms for certain tasks and requirements.

This method of partnering with learning and development (L&D) or other outsourcing firms will allow a business to explore and cultivate a smooth workflow and a concise and dedicated internal team. For any other requirements, the workforce from the partnered program or outsourcing units will help the company to engage with diverse talent and skills.

You can also read : How to onboard new employees in 3 easy steps in this digital age!

This will also save them from bearing the cost of employees who do not regularly contribute to the company but are needed for particular projects and undertakings. This will also structure the L&D companies to provide better opportunities to their employees and engage with diverse industries and opportunities.

This will also transform the recruiter’s approach towards hiring and assessing the candidate’s talent and skills. Instead of paying attention to their technical capacity and on paper qualifications they will widen their horizon to monitor the adaptability, problem-solving technique and communication skills of their applicants.

Automatics Recruitment

Prediction 2

Businesses will develop accountability towards diversity through their process of recruiting 

Workforce diversity has been advocated throughout the globe for its benefits towards the development and success of a company. Movements like Black Lives Matter have created a deep impact on companies and their recruitment processes. This impact will grow stronger in future where people will not tolerate exclusivity or prejudice in any sector.

As important as it is for companies to practice diversity as its responsibility towards promoting equality in their work culture, it is also a critical step for promoting their business and utilising diverse potential.

Talent from suppressed and minority groups will gain opportunities and overcome the barriers of bias and excuses. This change in the future of recruitment will also be visible in gender diversity.

Companies will increase the percentage of candidates from other sexual orientations along with female employees. Gender will no more be a concern and the priority will be given to the skill set and capacity of the individual with respect to their possible contributions towards the growth of the organisation.

Prediction 3

Recruiters will continue with digital hiring 

Covid19 caused major changes in the way recruiters approached candidates and hired them. The global lockdowns made way for creating an alternate method for face-to-face interviews. This alternate method was digital shortlisting and hiring processes. Even though it was a desperate alternative at first, it has now evolved as an effective time and cost-saving means.

You can also read : Automated Employee On-boarding Process

These factors have been addressed by organisations and their response towards convenience might make digital hiring a permanent choice for recruiters in future. The hybrid hiring process for remotely working employees will gain prominence and set different work standards for employees. Businesses will also formulate guidelines and protocols for these virtual processes along with forming a proper framework and security system for the same.

Future of recruitment

Prediction 4

Remote working will be the next work trend

To cope up with the pandemic and sustain their business, the majority of organisations from all diverse industries had to opt for remote working and functioning. On one hand, where it was difficult to adjust to virtual working in the future, it later became convenient to a point that companies turned their heads towards the benefits it brings along.

You can also read : Reasons to Invest in Employee Management System

A remote work structure will also allow companies to utilize talents from diverse sectors and areas without worrying about the travel and conveyance of the employees. They will also save on office and employee maintenance along with the cost of on-premise expenditure on system setups and other logistics.

Prediction 5

Empathy and action will be major components of the recruitment process

Recruiters will seek empathy and action in their applicants. People are developing their ideas and thoughts towards social causes and are being vocal about the same. Social media has provided a platform for each individual to assess their surroundings and they are looking for brands and companies that withhold a strong viewpoint and stance about social issues.

Therefore HR and admins will lead a different approach towards marketing their enterprise and instead of showcasing the perks, benefits, office luxuries or their products, they will endorse their relationship with their employees and their role in supporting and sustaining their employees, customers and their community.

Remote working will be the next work trend

Companies will reshape their campaigns to hit the soft spot of their consumers by rebranding themselves and associating them with NGOs, social causes and programs. They will also adapt to empathy towards their employees and take accountability for their shortcomings.

This will develop dedication and satisfaction of the employee and therefore increase the possibility of better results and action. Kindness will be utilised as a marketing tool that will not only benefit the needy but will also reform the company’s position in the market and the eyes of the consumer.

The Future of Recruitment – Conclusion

The process of recruiting employees and formulating a strong and deserving team has gone through numerous changes, amendments and reformations. These modifications were inevitable and will continue to occur frequently in future. These changes will not only reshape the work culture in companies but will also open doors for inclusivity, perspective and opportunities for ventures and individuals.

Juntrax by Juntrax Solutions offers various features which can assist recruiters all the way from shortlisting applicants to hiring and on-boarding them. To know more about our software, book a FREE demo with us and explore our tools and features.

 

Crafted By: Aditi Srivastava

How To Record Invoices, Payments, And Generate Reports Centrally?

Whether you are an SME or early-stage start-ups, invoicing, purchase orders, and quotations form the core of your financial activities. While corporations can set up an infrastructure that supports decentralization, small businesses would opt for an integrated Accounts Payable platform.

How To Record Invoices, Payments, And Generate Reports Centrally?

Businesses can deal with invoices, record payments, and generate tax reports through a centralized accounts payable tool, such as Juntrax. 

Juntrax offers a rich suite of services with the following customizable modules:

  • Generation and direct-sharing of quotations: Create a quotation within a few clicks and share it directly with clients.
  • Collection of purchase orders: Access & store the purchase orders conveniently through a centralized location.
  • Creation of invoices: Enter the requisite details to create and assess invoices accurately.
  • Recording of payments: Record the payment status and track the budget to increase efficiency as well as transparency.
  • Generation of reports: Generate reports on cash flow, elements like revenue, expenses, tax, etc.

As one can see, a platform like Juntrax offers a holistic overview of all your financial data through an organized, well-documented repository. Users can enjoy a high degree of control over their budgets and monitor it closely.

Continue reading “How To Record Invoices, Payments, And Generate Reports Centrally?”