What is the future of work? How is your organization preparing for the future of work? “The future is already here – it's just not very evenly distributed" - William Gibson The fifth World… | David McLean | 72 comments
What is the future of work? How is your organization preparing for the future of work?
“The future is already here – it's just not very evenly distributed" - William Gibson
The fifth World Economic Forum Future of Jobs Report is, like its predecessors, an absolute treasure trove of insightful analysis.
Three standout highlights are:
✴️ By 2030, 170 million new jobs will emerge, yet 92 million will be displaced—a net increase of 78 million roles m
✴️ Skill gaps are the biggest barrier to business transformation with 63% of employers identifying them as a major barrier over the 2025- 2030 period.
✴️ On average, workers can expect that two-fifths (39%) of their existing skill sets will be transformed or become outdated over the 2025-2030 period.
A recent report from McLean & Company identified 6 impacts organizations can focus on now to effectively respond to the “future of work tsunami”
1️⃣ Mission,vision,values:A value proposition for all. To attract and retain top talent in the future, organizations will need to revisit their value proposition for not only their employees, but also the contingent workforce and society at large.
2️⃣ Employee development: Durable over technical. Development is shifting to become more personalized and continuous. To ensure this evolution produces a workforce equipped with the skills necessary for the future of work, organizations must ensure employees are bought into the need for development, especially considering that survey data indicates that only 46% of employees reported the need for skillsets to change and adapt to the future of work compared to 61% of leaders.
3️⃣ Organizational design: Fluidity and flexibility. A strong understanding of skills, enabled by technology, will be a competitive differentiator for organizations in the future of work.
4️⃣ Leadership: Managing energy, not tasks.
The definition of what it means to be a leader is undergoing a profound transformation. Most people surveyed (73% of leadership respondents and 58% of employee-level respondents) feel that leadership skill sets will need to change completely or almost completely to adapt to the future of work in 2030.
5️⃣ Collaboration: No longer exclusively human.
With leadership respondents being 1.4 times more likely to anticipate technology having a positive impact on collaboration compared to employees, organizations must optimize collaboration for the future workforce.
6️⃣ Wellbeing: Surviving the loneliness epidemic. While advancements in technology present exciting opportunities for productivity, severe risks associated with isolation and loneliness threaten worker wellbeing in the future of work
Acknowledgments: Future of Work Research team at McLean & Company. Future of Jobs Authors: Attilio Di Battista, Sam Grayling, Ximena Játiva, Till Alexander Leopold, Ricky LI, Shuvasish Sharma, and Saadia Zahidi. Original infographic by Jeroen Kraaijenbrink | 72 comments on LinkedIn
