Every workplace changes constantly. But it takes a while to start to notice trends. We’re starting to notice the trends of a more mobile digital age now. It’s important for businesses to understand where we’re heading so they can consider what they need to do to get the results they’re looking for.
Here are the ten major forces shaping the future workplace today.
1. Transparency and Trust
Authenticity and transparency are essential. The great recession we’ve recently come out of left many corporations carrying a sullied reputation for layoffs, low wages, and slow hiring practices. With the world more connected through social media than ever before, it’s difficult to shake off these labels.
Transparency and trust will only take longer to gain and repair as we go forward. Workers have more choice when it comes to who they work for, so hiring managers should no longer make assumptions.
Out-tasking is not the same as outsourcing. Out-tasking is where small projects are sent to specialists in specific industries. For example, a business may contract a smaller business of specialists to handle part of a grand campaign. Organisations will now need to learn how to vet out-tasking candidates and how to manage them as they progress.
Contracting out work normally involved dealing with a self-employed individual. This is no longer the case. Contractors are often extensions of much larger firms. Businesses must be able to assess the competency levels of each potential contracted firm and how to make sense of social media reputations when hiring.
The contract-to-hire agreement is about striking the balance between renting talent and permanently filling the right role. Contracting out work is about being able to test people before hiring them. It means you can bring in an independent specialist for a limited time and later decide if you want to hire them, or whether they want to remain self-employed.
It’s ideal for testing new markets and dipping toes into the waters of new ventures.
This is where employees are taken on and trained from the ground up. It can lead to higher job performance, better morale, and a more integrated team because companies aren’t constantly required to hire more and more talent to fill more advanced roles.
6. Parallel Promotions
Parallel promotions will represent the decay of the old system of in-work hierarchy. Managerial duties will be spread over a greater number of employees. It will be based less on managerial skills and more on technical skills.
Automation is something we’re bound to see. This is simply due to computerisation and the on-set of robotics. It’s likely to lead to more slim line workforces in the future. Unfortunately, it’s also likely to mean layoffs are on the horizon.
8. Business Continuity
To put it simply, you can no longer pass the threshold of success and hang around. You have to keep innovating and coming up with new products. There’s no such thing as an industry with little to no competition. The business world is moving faster than ever before, and the speed is only set to increase.
9. Demographic Shifts
Demographics are set to shift over the next decade. As the world becomes more connected and the number of younger people increase, we can expect to see emerging markets in South America, Africa, and Asia gain strength. Soon Western businesses will have to keep these areas of the world in mind when crafting business plans.
10. Virtual Workplace
Finally, technology will allow more of us to work from home. The traditional office will go into decline and businesses will reduce their overheads simply by letting their employees stay at home. This will extend to both small firms and larger firms.
Image source: CNME