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Five key trends shaping the new world of work

Here are five shifts that look set to endure: 1. Restructuring companies for efficiency Changes to industry structures and disruptions to business models have encouraged companies to restructure for relevance...
Posted in Future of Work   •   News   •   Remote Work
08/09/2022
Five key trends shaping the new world of work

Here are five shifts that look set to endure:

1. Restructuring companies for efficiency

Changes to industry structures and disruptions to business models have encouraged companies to restructure for relevance and competitiveness. Holding companies that have been able to do without job cuts, like Alphabet, are calling for an increase in employee productivity.

 

Faced with the need to deliver short to medium-term results, companies are increasingly hiring for skills backed with experience, and less for potential. This has led to a decline in graduate recruitment.

 

3. The mobility of talent

The global war for skilled talent has led to massive opportunities for some workers to move across jobs, industries, and countries. The normalization of remote work accelerated by the COVID-19 pandemic and powered by digital technologies for collaboration has made it possible for top talent to glide across jobs or be in multiple jobs at a time.

 

4. The rise of ‘work’ and the decline of ‘employment’

5. The central importance of digital skills

The digital transformation of industries has brought about massive shifts in the world of work. Organizations across all sectors, from agribusiness, finance, and manufacturing to media, are evolving into technology companies.

Read the full article here: https://www.weforum.org/agenda/2022/09/five-trends-endure-world-of-work/

 

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