Trends We’ll Look At. The effects these may have, ranging from predictions of increased productivity to concerns of decreased employee privacy, should all be hot topics for consideration in any modern business. McKinsey’s Global Energy Perspective 2021 , an annual report, analyzes the ways in which the COVID-19 pandemic has permanently shifted energy-demand curves. The phrase ‘enterprise leadership’ is already a boardroom buzzword. In today’s digital landscape, its undeniable that technology is playing an ever-increasing role in ‘doing business’. We have become wealthier; consumers are demanding new types of products and services which in turn require new production methods; and we are constantly seeking to increase productivity which challenges how we organise our work. Get the latest analysis and reports delivered to your inbox daily, Building Sustainable Mental Health Programs to Prioritize the Needs of your Workforce, HRD: A Virtual Experience - Reflect, Refocus, Reimagine, Exploring Digital Transformation: HR's Next Steps, Virtual Summit roundup: Ericsson on digital change in organizations. Now, a global survey of 5,000 human resources professionals and hiring managers, combined with behavioural data analysis, conducted by LinkedIn has revealed the four trends most likely to affect the next few years of your career. Many of the most in-demand roles in today’s workforce did not even exist five or ten years ago, highlighting the rapid pace of industrial change. They have been the primary drivers of the changes in our work patterns for the last 20 years. From an individual perspective, understanding these trends will give you an advantage. Employees will work in more decentralized, specialized firms, and employer-employee relationships will become less standardized and more individualized. The biggest trends that will impact the workplace of 2020, Establishing an Organization Guidance System, 2020: HRD Thought Leaders on the biggest trends of the year to come, Amanda Cusdin, Sage: The Big Conversation and real cultural transformation. Looking ahead to understand how our ways of working will change in the future, it is necessary to understand what Generation Y need from their workplace and what their characteristics are like. Encouraging enterprise leadership will take place naturally through Gen Z employees who possess instinctive emotional intelligence. The world of work is constantly changing and companies must stay abreast of new trends. Remote work is beneficial to both the employer and employee. Those who delay adapting to change are destined to lose. Kinnarps, a company specializing in the design of workspaces, has produced a report with the five most outstanding trends that will have a great impact on the way we work. Regardless of when it is published, one thoughtless tweet or post has the power to ruin a reputation, so adequate training regarding appropriate posts will also be important. How can organisations transition to the digital age in a smoot... Technology is expanding throughout businesses at a rapid pace. The second way in which globalisation affects work is the ever-increasing pressure to perform. Our ways of working have changed for many different reasons. why people follow trends? In general, millennials can be described as: Globalisation and the pressure to perform, The design of jobs and working environments is greatly affected by the fact that the talent is more geographically dispersed and culturally diverse. View article. Nearly nine in 10 workers already anticipate having to learn new skills throughout their lifetimes in order to keep up with developments and managers should incorporate experiential learning into workplace training programmes to ensure employees are constantly learning and adapting to new workplace requirements and skills. Positive effects from the social media The work conducted is non-routine and often requires a significant degree of creative thinking and problem-solving skills. Knowledge work is flexible… The rise of knowledge workers sets new requirements for office design. Continuous developments in mobility, social media and cyber trends are impacting lifestyles and expectations in the workplace, requiring businesses to actively reflect on their processes and enact change to prepare for the future. In the coming years, employees are projected to stay in the workforce for longer than previously seen, equating to five generations of workers from diverse backgrounds interacting together in collaborative teams. Five other trends listed will continue to affect America, too, because larger forces are at play. Do You Possess the Top Two Most In-Demand Skills? This puts a constant pressure on how work is conducted, and places outsourcing and offshoring on the strategic agenda of any corporation. Knowledge workers think for a living. Here, we highlight four of the more important ones: 1. Making the workplace a satisfying experience will allow you to incorporate your culture and values into your work and use it to recruit and retain the best talent. But if I had to bet on what the near term will hold, I would put my money on the following 7 trends. According to a study by Social Enterprise UK, British social enterprises are outperforming mainstream business in growth and innovation and reporting a 47% growth in turnover in comparison to 34% of SMEs. Further speculations predict that machines taking over mundane tasks should not lead to the assumption that job losses will take place. Learn more about the trends that influence our workplaces and ways of working by downloading our Whitebook: New ways of working - the workplace of the future. Though the future of work may often seem murky now, it is assuring to know that many of the present aspects of work that we are so used to today, were once mere predictions…or science fiction! Mobile devices will keep you in contact at all times. At the recent Chief Marketing Officer Roundtable at IMD, I was asked what I think will define the future of marketing. Nonetheless, there are four megatrends, which go beyond the aforementioned reasons that have a profound impact on how we work: the rise of knowledge workers, - Generation X and Generation Y, and finally the, IT and mobile developments have had a profound influence on how we work. We do this based on thorough industry research, theory, practice and by engaging the foremost experts to express their visions and thoughts in the most influential way possible. But what does this mean, and how can HR leaders use the situation to their ad... Gamification has been scientifically proven to rapidly increase the efficiency and efficacy of learning. This puts a constant pressure on how work is conducted, and places. It is difficult to know what technologies may emerge and indeed what impact they will have. The Five Trends Shaping the Future of Work. Let’s look into the trends that will have the biggest impact on our ways of working. All will see your lifestyle in advertising or on TV or the web. But this is nothing compared to how new organisational structures will impact the work environment towards 2020. do trends affect us positively or negatively? CW Griffin / MIAMI HERALD STAFF. And similarly, employees expect – even demand – more from the organizations they work for. Considering how to attract younger workers – who instinctively understand emotional intelligence over their predecessors – is also key to future-proofing. Reports of automation and artificial intelligence and the possible impacts on the jobs market sends shivers down the spines of many. We'll be happy to get in touch. Cumbersome desktop computers might work well at home, but you can expect to do most of your business from a mobile device. and offshoring on the strategic agenda of any corporation. A Labor Market Without Barriers Geographic location no longer matters: the key is to identify talent and keep it, wherever it is, regardless of age, gender or culture. Augmented reality will also play a role in the workplace of the future, with wearables and other technology influencing how we interact with the office spaces around us. If the world of work collectively had the power to adapt, evolve and strive ahead then, it can do … Global population will peak at around 11 billion in 2060. Tom Blower, MD, Black Isle Group discusses what could lie ahead…. Continuous developments in mobility, social media and cyber trends are impacting lifestyles and expectations in the workplace, requiring businesses to actively reflect on their processes and enact change to prepare for the future. As the fourth industrial revolution kicks into gear and technology moves at an ever-faster pace, societal advancements will affect the future of work in many different ways. HR Technology. Across all our topics, we have one single goal; to enrich our readers with ideas and thoughts that help them become more courageous and creative in their work now and in the future. In just a few months, the COVID-19 pandemic decimated the U.S. economy in what was a largely unforeseen crisis that will affect the economy for years. Below, we explore three important trends disrupting the way we work. View article. To get the latest blog posts about facility management & services industry delivered right to your inbox, sign up for our newsletter in the right column. Simply put, there is a larger talent pool available. Keeping this cohort engaged, challenged and with a sense of job satisfaction will be crucial in ensuring they are utilised to their full capabilities. Reports show that 82% of employees believe social media can improve work relationships, and employees who use social media at work are more productive and engaged. If you’re not familiar with Wally’s work, I’d recommend checking him out on a regular basis…When you looked beyond the humor, Wally made some great points about the impact (or lack thereof) of the latest fads, trends, business theories, gimmicks, concepts conveyed in business books, etc. HR Trends From 2010 . Technological advancements have taken their toll on the work landscape. The workforce in developing countries is becoming better qualified and to a higher extend engaged in more sophisticated service-oriented activities.