Five Trends Transformation is a continuous cycle, never complete, and companies will need to expand their programs to meet changing customer expectations continually.
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The Five Trends Shaping The Future of Work
Millennials, technologies, globalization, mobility, and new attitudes are the five trends shaping the future of work. Besides, the employment landscape is changing rapidly, and it is vital to know and understand these changes. And also, businesses can no longer have enough money to wait and see what happens. Anyone who waits before taking the force will fail.
If there’s one thing we all agree on, it’s that the world of work is changing rapidly. In this fast-paced new world, “late adopter” is the same as “out of business.” Further, businesses no longer afford to wait and see what happens. One of the most significant changes we see in the workplace is the coming change to determine how work accomplishes.
1. New behaviors
Ten years ago, if someone had told you that you would have all this information about yourself public for the world to read, see and hear, you would have said they were crazy. Now, look at where we are: we feel a lot more comfortable living more in public, we build communities, we share, we communicate, we collaborate, we access information, and we shape our personal experiences.
All of these new behaviors spill over into organizations, forcing them to make changes.
2. Technology
Big data, the cloud, the Internet, robots, automation, video, collaboration platforms, and other technologies change the work.
The cloud puts the power of technology in the hands of employees; robots and software force us to rethink the tasks humans can and should do. Big Data gives us imminent into how we work and how clients deal with us. Collaboration platforms allow us to connect our people and information anywhere, anytime, and on any device.
3. Millennials in the workplace
By 2020, millennials are to make up about 50% of the workforce, and by 2025 that number is expected to rise to 75%. The critical thing with millennials is not that they can bring new approaches, ideas, values, or work styles; there will be many.
By all accounts, they will be the largest generation to enter the workforce. It is a generation of tech-savvy employees who are willing to live in their own homes longer until they find a company they want to work for.
In other words, organizations need to move from creating an environment in which they assume people have to work there to an environment where people want to work.
4. Mobility
Where you are, today is starting to matter a lot less when getting your job done.
As long as you can connect to the Internet, you can probably access the same people and information as if you worked in an office building. Whether it’s 35,000 feet in the air or in a cafe, we are connected when and where we go.
5. Globalization
It is essentially about the capacity of organizations to work in a world without borders. The world is becoming like a big city. The language you speak, the currency you transact in, and your physical location are negligible and less critical.
You can work in San Francisco but have clients in Beijing or Melbourne, And the same goes for employees. The limits to working with anyone, anywhere are disappearing, and this trend can only continue.
Technology Trends 2021: Leaders in Demand
- Every leader is a technology leader; adopt a new mindset to shape a better future.
- After the considerable disruption caused by the COVID-19 crisis in 2020, companies are looking to get back to normal and, more importantly, build for the future.
- Last year he dug holes in long-standing standards for how businesses function and how people live. Companies looked at their operation and saw fragile supply chains, unreliable information, and radically new customer needs. By adapting to these realities, the most successful have become Experts.
- While it will be appealing for companies to turn to what they know, 2020 has highlighted the need for a different path. If companies continue to have a clear perspective and focus on their accelerated digital transformations, they can become Experts in Change and the new leaders.
- It has become clear that there is no leadership without technological leadership. The recent rapid digital acceleration has made technology a cornerstone of global leadership.