Attention Career Practicitioners: the World of Work in 2008

Baby Boomers

Concerned about finances in retirement

Retiring later

Looking for flexible work schedule

Interest in social issues

Large number creates more awareness of concerns/needs

Requiring services (health, recreation, etc.)

New jobs created

More diffculty or lack of interest in embracing technology

Echo

Entering multigenerational workforce

High comfort level with technology

Expectations for flexible work environment where they have input and impact

Interest in social issues

Open mind in pursuing work helps lead to success

Baby Bust

Management is flooded with Boomers

Didn't experience competition for jobs

Immigration

Needed to compensate for lower birth and fertility rates

Ability to forecast future

Employment trends

New employment areas created

Psychographics

Tribes

Identity to a group

Demographics in other countries

Half of India's population under 25

Large pool of labour

Cheaper for North American compnies to access labour

Impact of China's one-child policy

Limits based on labour market availability

Worker frustration

Requires new education

New jobs created that match interests

Innovation comes from passionate workers

Adaptability will give more potential for success

"Survival strategy"

Job security

Facilitates outsourcing

New jobs created

Search engine optimizer

Require skills in math and science

Jobs change

Workers replaced by technology

Potential for more efficient work

Workers need more education

Rapidly changing

Need to adapt

Ongoing education

Changes in work processes

Human interaction

Less face-to-face

More virtual

Different types of communities

Increased ability to learn

Flatteners - removing geo-political boundaries

Outsourcing

India

Provide labour for large-scale projects

Collaboration

Reduces lower prestige jobs in developed world

Internet available to public

Easier to find information

Who has access?

Those without are disadvantaged

Uploading

Individuals have ability to create information

More information available

Accuracy of uploaded content

Education needed to determine accuracy

Different viewpoints

Citizens are more educated

Research solutions to problems

Offshoring

Jobs change in developed world to more knowledge-based

Employees need to be re-educated

Loss of manufacturing jobs

New jobs in the developing world

Potential for human rights abuses

Individuals join unions

Multinationals move to different country

Supply-Chaining

Efficient transportation of products

Requires new technology

Challenge to be efficient

Save money

Produce products as cheaply as possible

Potential human rights abuses

Insourcing

New business opportunity for small businesses

In-forming

Awareness

Educated citizens

Equalizes access to information

Infrastructure needed for access

Creates jobs

The Steroids

Speed of change

Individuals are left behind

Fall of the Berlin Wall

Countries move to free-market capitalism

New opportunities for creativity

Work Flow Software

Facilitates communication

New innovations sparked

Between employees in different locations

Integration of people

Facilitated by technology

Understanding of different cultures

More level playing field

Governments change policies to level playing field

Ethics

Exploitation - not as level a playing field

Opportunities for creativity

Think about the world, not your own region/country

Competition

Comparative advantage

Post-secondary education

Increasing participation rate

Decreasing in math and science

Increasing in humanities and social science

Good for ensuring we have critical thinkers

Doesn't address skills shortages in technical occupations

Lack of funding for research

Less research

Less innovation

On-the-job education

Customized to job area

Types of Learners

Echo generation

Hands-on, practical education

Lack of education

Individuals unable to be competitive

Need re-education

Need to learn how to learn

Transferable skill to new job

New jobs created

Increase in opportunities for individuals to earn a living wage

Affect of increased income on family

What about those discluded?

Require education

Jobs moved from North America

Individuals

Companies

Social Responsibility

New technologies needed

Creation of jobs

Spiral

More common in a changing world

Requires re-education

Linear

Individuals like for security

Will be less likely in a flatter world

Steady-street

Even in changing world of work, these occupations will still be needed

Transitory

Allows for fulfilling work

Untouchables

Specialized knowledge and skills

Countries integrated

Trade

Restrictions

Reduces level playing field

Reduces profit potential

Free trade

Inflation

Salaries don't rise

Individuals struggle

Competition for well-paying jobs

Growth

Increased efficiency and production

Shareholders drive business decisions