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Priorities for the next Welsh Government

Author: Robert Lloyd Griffiths | ICAEW Wales Director

Published: 25 Mar 2026

As Director of ICAEW in Wales, I have always believed that Wales’ professional and business community has a distinctive voice — one rooted in resilience, innovation and a deep sense of place. Nowhere is that more visible than during Wales Week London, which this year celebrated its 10th anniversary. A decade on, the initiative is a highlight in the calendar and continues to showcase Welsh ambition on a UK and global stage, bringing together leaders, entrepreneurs and organisations who are shaping the future of our economy.

This year, I had the privilege of chairing an event hosted by PwC, in partnership with Call of the Wild, exploring one of the most pressing issues facing today’s leaders: how to lead effectively in a multi generational, rapidly changing workplace. The discussion was brilliantly insightful and helped illuminate the challenges and opportunities facing modern organisations.

Wendy Edwards, PwC’s dynamic People Director who leads the people strategy for more than 3,000 consultants across the UK shared her experience of how expectations around leadership, flexibility and culture are shifting in real time. Lynda Campbell, a leadership coach and former senior leader at British Gas, brought a wealth of experience from decades spent transforming organisational cultures and developing confident, resilient leaders. 

Across the UK, workplaces are undergoing profound transformation. Hybrid working, the acceleration of AI, shifting skills requirements and a workforce spanning five generations have fundamentally altered how organisations operate. These changes are not theoretical; they are reshaping the day to day experience of employees and leaders alike.

Call of the Wild’s recent research with OnePoll, surveying 2,000 UK office based employees, highlights just how significant this shift has been. The findings reveal a workforce that is aligned in its values but diverse in how it prefers to work, communicate and be led. Employees today are navigating the rise of AI and automation, which is reshaping tasks and the capabilities required to perform them. They are also seeking greater flexibility and autonomy, with work–life balance and wellbeing becoming central to their expectations. New norms in communication and collaboration have emerged, and the presence of multiple generations in the workplace has introduced a wider range of experiences and preferences than ever before. The result is a landscape in which leaders must operate with agility, empathy and the ability to flex their behaviours to meet individual needs — all while maintaining consistency.

One of the most striking findings from the research is the shift in what motivates employees. Work–life balance has now overtaken financial reward as the strongest motivator for UK workers, with nearly half of respondents placing it above salary, purpose or job security. This preference spans every generation, demonstrating that wellbeing and balance are no longer “nice to have” considerations but central to organisational culture.

Hybrid working plays a major role in this shift. While a portion of employees still prefer to be in the office full time, the majority favour some form of flexibility. Many prefer hybrid arrangements weighted towards home working, others towards the office, and a smaller but significant proportion favour fully remote roles. What is clear is that hybrid working is no longer viewed as an optional benefit; it has become a structural expectation that shapes motivation, productivity and wellbeing.

The research also provides valuable insight into what employees want from their leaders. Across every generation, workers consistently prioritise behaviours that build trust and human connection. Fairness and consistency are seen as the most important leadership qualities, followed closely by clear communication and the ability to grant trust and autonomy. These findings challenge the assumption that different generations want fundamentally different things. In reality, there is remarkable alignment in what people value; the differences lie in how they prefer leadership to be delivered.

For example, younger employees often prefer structured, digital first communication, while older colleagues favour more informal, in person conversations. Neither approach is inherently better; the challenge for leaders is to flex their style without compromising their values.

For Welsh businesses, the majority of which are SMEs with close knit teams, these insights carry particular weight. At ICAEW Wales, we see daily how our members are navigating the challenges of hybrid working, talent retention and digital transformation. The ability to lead multi generational teams effectively is becoming a defining factor in organisational resilience.

Wales Week London has always been about showcasing the best of Wales — our culture, our ecosystems and our economic potential. This year’s focus on intergenerational leadership felt particularly fitting. As we look to the next decade, the businesses that thrive will be those that embrace diversity of experience, harness the strengths of every generation and lead with humanity in an AI enabled world.

The conversation we began at PwC is only the start. For me, it reaffirmed a simple truth: while the world of work is changing rapidly, the foundations of good leadership remain constant. Fairness, clarity and trust matter more than ever before but how we deliver them must evolve.