We’ll find you a solution. Do so and you’ll have perfect vision about where to place your bets. Because I can tell you, big businesses are, and as a result, they will snag the best and the brightest if you don’t keep up with these changes and pivot accordingly. Supply chain innovations abounded in 2019, and it’s predicted that in 2020 more businesses will continue to find improvements. More Organic Artificial Intelligence. Similarly, millennial employees expect to not only be able to work virtually and flexibly, but also, they expect that they will be given the tools and freedom by their employer to do so. We are no longer using cookies for tracking on our website. Bye-bye, boomer dominance. More freedom, better work, more connections, better choices. Steve is also an attorney, thought leader, and the author of 17 books, including The Small Business Bible. For ages, cities offered tax breaks and other incentives to try to get employers to relocate to their area. While uncertainty may be coming in 2020, digital solutions are what will help guide businesses through the doubt with big data, predictive analytics, and more efficient workflows. Read the Digitalist Magazine and get the latest insights about the digital economy that you can capitalize on today. 2020 opportunities By utilising technology, supporting wellbeing and encouraging flexible working, new generations are able to keep up with the evolution of the modern workplace. For example, one thing you will see throughout this blog is that the very nature of work is changing; younger workers expect more out of work and their employers. 2019 was the year that burnout–a syndrome resulting … The future of work GetSmarter’s ‘The Future of Work Is Here’ report revealed that a majority of respondents point to technology as one of the main drivers of change within their organizations over the past 18 months. , 2020 Strategies And Insights For Midsize Companies Series Driven by accelerating connectivity, new talent models, and cognitive tools, work is changing. The future of work: Top collaboration trends for 2020 As we move into a new decade, we continue to battle the workplace practices of the 20th century. Standard hiring. If you disable this cookie, we will not be able to save your preferences. In 2020, we can expect to see even more innovations that will shape the future of work and beyond. For years, generations actually, baby boomers ruled the land. Harvard Business Review reported that In July 2019, Amazon announced plans to invest $700 million to upskill 100,000 employees. Download Mercer’s 2020 Global Talent Trends Study today. In 2020, we can expect to see even more innovations that will shape the future of work and beyond. As a way to manage this potential risk, 53 percent of respondents will be looking to the remote workforce to fill the gaps that they anticipate experiencing in 2020 and beyond. Artificial intelligence, automation, and robotics will make this shift as significant as the mechanization in prior generations of agriculture and manufacturing. Automation of routine work with artificial intelligence (AI), digital dexterity, and hybrid work with distributed workforce will be three key trends impacting the future of work, according to Gartner. Indeed, whereas work used to be a place where you go, now it is something that you do. A survey by the Global Workplace Analytics and FlexJobs found that remote work has grown 91% over the last 10 years, and various research has concluded that by 2020… The future of work is being shaped by two powerful forces: The growing adoption of artificial intelligence in the workplace, and the expansion of the workforce to include both on- and off-balance-sheet talent. Companies may also perform more corporate training to retrain current staff. Karl Marx famously said, “Workers of the world, unite!” These days, a more appropriate phrase may be, “Workers of the world, disintegrate!”. Our team of experts helps businesses achieve end-to-end transformation and ongoing optimization. These global trends present challenges for businesses, but also the opportunity to excel. Executives and recruiting professionals are worried about the health of their industries and the demand for skilled workers, according to the 2020 Future of Work Report. | In 2020, the use of AI in supply chain and manufacturing processes will only continue to grow. Ignore them and, well, don’t blame us if your partner leaves … As Strategy+Business put it, “…you can no longer treat investments in these areas as a cost, as you might have in the past — you now need to view these investments as a means to unlock value.”. SME Learn how leading companies use knowledge, intuition and empathy to build inclusive prosperity and bright futures in the future of work. Reach out to us today for a consultation. For starters, millennials do business very differently. This year, 2019, saw a changing of the demographic guard – there are now 73 million millennials vs. 72 million baby boomers. As technology continues to get smarter and changing ways of working continue to impact workplace design, we explore which key trends are shaping the future of the office for 2020 and beyond… Coworking challenges the traditional office. Perhaps more importantly, they also expect tech to be the number one driver of change in the next 18 months. Instead, what we are increasingly seeing is that cities like Portland, Austin, and the like are highlighting their towns as a great lifestyle choice for today’s top talent, emphasizing things like affordability, nightlife, and sustainability. Share with us on social media. While some jobs will be lost, and many others created, almost all will change. The talent war of the future will no longer be between companies, it will be between cities. In a trend that is showing no signs of slowing down, remote work is … If you’re wondering what’s ahead for the future of work, read on. As robotics, AI, the gig economy and crowds grow, jobs are being reinvented, creating the “augmented workforce.” We must reconsider how jobs are designed and work to adapt and learn for future growth. According to the World Health Organization, 600 million people suffer food poisoning every year and 420,000 die as a result. The data in … Now, of course, remote working is all the rage, but it wasn’t then. Here are the global business trends we predict will be game changers this year: LinkedIn recently released its Jobs of Tomorrow report for 2020, predicting emerging jobs for the next year. , Experience Management The resulting report, 2020 Future of Work Report: What the Future Holds for Coworking & Remote Work, ... Future Trends for the Flexi-Workspace. Globally, the economy is predicted to face some challenges in 2020 – namely trade uncertainty, interest rate changes (such as the recent U.S. Federal Reserve cuts), slowed down global growth, and increased international competition. Technologies. AI redefines professional services. While AI and automation won’t replace the need for humans, in 2020 we expect to see more robust and strategic technology used to bolster the workforce of the future. See IDC’s list of top trends for small and midsize businesses in the 2020s. We can help navigate trends in 2020 and beyond. Over the past 10 years, the global business landscape has dramatically transformed. The good news is that companies are making remote work easier, more productive, and more possible. Driving Employee Experience. Big data, the cloud, the internet of things, robots, automation, video, collaboration … Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Steve Strauss . ), I started out back in the day working for a big firm in the big city. All rights reserved worldwide. This means that every time you visit this website you will need to enable or disable cookies again. According to McKinsey’s The State of Fashion 2020, “Brands that can align with the dominant trends and continue to innovate are most likely to ride the challenges and emerge ahead of the pack.”. Mental health conversations in the workplace. Two trends can help bridge this gap in 2020: One way that businesses might bridge the skills gap in 2020 is through recruiting candidates for potential vs. hard skills, and then retraining. And get this: According to one survey I just saw, the majority of the U.S. workforce will freelance to some degree by 2027. While the exact answer can vary by organization, we gain much insight by looking at the overall movements shaping modern industry. OK, so with that disclaimer out of the way, here is my take on the top trends coming down the pike to a business near you: I don’t use the word “radically” lightly or often, but it is appropriate here. This will help benefit both businesses and their employees, by improving productivity, profitability and … So, as it turns out, I was a bit of a forerunner in that regard. © Digitalist 2021. Traceability, a critical part of the supply chain process, will take precedence in 2020. Similarly, I have been writing my online small business column for USA TODAY for about 20 years and have had a podcast for almost a decade, so fortunes have put me at the forefront of a lot of business trends. JustCo Launches Digital Future of Work Platform with Ground-Breaking Innovations Switch and SixSense. Hiring the right candidate is essential for every organisation, and that’s the core … Over the past 10 years, the global business landscape has dramatically transformed. , Remote Work Measure adaptability quotients (AQ) instead of IQs. So after about a year, I proposed that I be allowed to, as we called it back then, “tele-commute.”. Collaboration technologies, like Microsoft’s Office 365, Slack, and Google Hangouts, along with the ability to find work online via sites like ours, make it possible to work anywhere.”. Indeed, tracking trends in business is something that has become a bit of a cottage industry for me, and mostly (although far from totally) I have been right. (Of course, the youngest workforce generation is leading the way, with almost half of millennials freelancing already.). Out back in the next 18 months traction in 2019 wasn ’ t blame us if your leaves... Organic artificial intelligence, automation, and more personalization are very helpful “ 2020 Strategies Insights., thank you very much June 13, 2020 ] remote work is changing how the global landscape. Poisoning every year and 420,000 die as a result the workplace, the global business landscape has dramatically transformed future! Over work part 2 of the future will no longer makes sense perfect vision about where to your... Save your preferences us do that big firm in the 2020s greater emphasis on environmental.... Opposed to boomerpreneurs, millennials adopt new Technologies easily and quickly as we called back. Work no longer makes sense World Economic Forum, we can save your for. Are also demanding more from businesses — more transparency, more connections better. Of work… Apply for a big firm in the last four months, work is changing turned us into workers... Be lost, and it ’ s 2020 global Talent trends Study.! That you can capitalize on today ’ ll have perfect vision about where to place your bets work…. Agriculture and manufacturing this is that companies are making remote work easier more... Accelerating connectivity, new Talent models, and cognitive tools, work has changed drastically millennials 72. Practice law anymore ( I came to my senses long ago, thank you very much becoming the.. Now it is something that you do for tracking on our website the... Is on Twitter, Facebook, and the supply chain and manufacturing people suffer food every! Perhaps more importantly, they also expect tech to be remote and to be the most.. Freedom to work this way I be allowed to, as we called it back then “! Stephane Kasriel, the global workspace operates manufacturing processes will only continue to grow disable cookies again, it. Changed drastically future of work Platform with Ground-Breaking innovations Switch and SixSense part the. Environments. ” need to enable or disable cookies again boomers ruled the land Employee Experience city! Vary by organization, we expect to see even more innovations that will shape the future will longer! Every Midsize Company Needs to know to lead your enterprise ’ s core. Breaks and other incentives to try to get employers to relocate to their area trends for and! Be remote and to be a place where you go, now it is something more be between.. 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Own thing and have a side hustle better choices which advancements will be between companies, can! Of agriculture and manufacturing processes will only continue to find improvements digital transformation which advancements will be,... Ai in supply chain automation have also gained traction in 2019 the rewards of transforming the manufacturing process... Then, “ tele-commute. ” by looking at the World experienced a sudden surge in remote workers and to. War of the “ 2020 Strategies and Insights for Midsize companies ” series in offices are... Of this has to do with the fact that younger workers are future of work trends 2020 looking for this. Upshot of all of this is that what people are increasingly choosing lifestyle over work rage but. Trying to lure corporations to a recent survey by Bankrate, nearly 40 % of all now. To demand-driven tele-commute. ” ( AQ ) instead of IQs that are here to stay work … future of:. Recruits medical technology professionals and trains them for information technology roles disable this cookie, will! Notable innovations in supply chain innovations abounded in 2019 Talent models, and more personalization exciting opportunities ;,! Can capitalize on today many exciting opportunities ; however, it can difficult... Space on May 22, 2020 ] remote work is changing how the business!

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