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Key Trends in the Future of Work

As Part of 85 Broads San Francisco Conversation on the Future of Work

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Key Trends in the Future of Work

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  1. UNLOCKING THE FUTURE OF WORK UNLOCKING THE FUTURE OF WORK Creating 21 Creating 21st st Century Organizations that are Innovative, Century Organizations that are Innovative, Collaborative and Global Collaborative and Global Ayelet Baron| Ayelet Baron| Futurist Futurist November 14, 2013 November 14, 2013 ayeletbaron.com ayelet27@gmail.com Twitter: @ayeletb

  2. Key Trends: Setting the Stage ©  2013  Simplifying  Work.  Ayelet  Baron  

  3. 1 People First will Drive Results ©  2013  Simplifying  Work.  Ayelet  Baron  

  4. According  to  Gallup,  3   in  10  employees  are   engaged  at  work   DeloiAe’s  ShiD   Index  indicates   that  20%  of   workers  like   their  jobs   SURVEY   SAYS   Organizations that put their people first will have a huge advantage © 2013 Simplifying Work. Ayelet Baron 4 4 4

  5. 2 We Are Still Operating with 20th Century Practices in A 21st Century Work World ©  2013  Simplifying  Work.  Ayelet  Baron  

  6. We  may  have  cubicles  but  we  are    sOll  operaOng   like  it’s  1954.  You  drive  to  the  office  to  sit  in  a  cube.   20th  Century     © 2013 Simplifying Work. Ayelet Baron

  7. 3 Workplace Demographics Are Shifting 7 ©  2013  Simplifying  Work.  Ayelet  Baron  

  8. By  2025,  over  75%  of  the  workforce  will  be   comprised  of  Millennials.  That’s  just  over  11  years   away.     SHIFTS   8 © 2013 Simplifying Work. Ayelet Baron

  9. http://strategicphilanthropyinc.com/the-next-generation-of-philanthropy-engaging-millennials-in-your-corporate-giving-efforts/http://strategicphilanthropyinc.com/the-next-generation-of-philanthropy-engaging-millennials-in-your-corporate-giving-efforts/ BUSINESS   MEASURED  BY   SOCIETAL  VALUE   Millennials, relative to older generations, are all about giving back to communities that align with their core values 9 9 ©  2013  Simplifying  Work.  Ayelet  Baron  

  10. 4 82% of workers 50+ say it is at least somewhat likely they will work for pay In retirement. And 47% expect to retire later than they previously thought AP-NORAC Center for Public Affairs Research MORE   SHIFTS   10 ©  2013  Simplifying  Work.  Ayelet  Baron  

  11. The emergence of women at work 5 11 ©  2013  Simplifying  Work.  Ayelet  Baron  

  12. 12 ©  2013  Simplifying  Work.  Ayelet  Baron  

  13. Work  —  at  the  level  of  the  economy,  business,  and   individual  —  is  changing  faster  than  ever  before.   People  become  more  important  than  ever  to  create   and  execute  strategies.   HUMAN   CENTRIC   13 13 13 13 ©  2013  Simplifying  Work.  Ayelet  Baron  

  14. Employees  are  increasingly  looking  for  personal   growth,  purpose  recogniOon,  access,  influence,   impact   PURPOSE   14 © 2013 Simplifying Work. Ayelet Baron

  15. 6 Global demographics will shape the workplace 15 ©  2013  Simplifying  Work.  Ayelet  Baron  

  16. From  2012  to  2030  there  will  be  a  decline  of  40M  workers   in  developed  countries.  By  2020,  developed  countries  will   need  +40M  workers.  In  developing  counOes,  there  will  be   an  increase  in  1B  workers   −Hot  Spots  Movement   GLOBALIZATION   16 16 © 2013 Simplifying Work. Ayelet Baron

  17. Significant  talent  gaps  expected  from  2020   and  beyond  in  parts  of  the  world  while   others  will  be  challenged  by  employability   TALENT     GAPS   17 17 © 2013 Simplifying Work. Ayelet Baron

  18. 7 The Contingent Workforce Will Change Business 18 ©  2013  Simplifying  Work.  Ayelet  Baron  

  19. Source:  Future  of  Work:  MBO  State  of  Independence  2013  Study,  Emergent  Research     INDEPENDENT   WORKFORCE   By  2020,  over  40%  of  the  workforce  will  be   conOngent   19 19 © 2013 Simplifying Work. Ayelet Baron

  20. Source:  Future  of  Work:  MBO  State  of  Independence  2013  Study,  Emergent  Research     INDEPENDENT   WORKFORCE   Independents  spent  $96  billion  hiring  the   equivalent  of  2.3  million  FT  workers  via  contract   hiring.  1  in  4  hired  others  on  a  contract  basis.     20 20 © 2013 Simplifying Work. Ayelet Baron

  21. http://www.slideshare.net/matthewpanzarino/moritz-tc-disrupt-talk?ref=http%3A%2F%2Fwpcomwidgets.com%2F 21

  22. 8 Average  amount  of  office  space  per  employees  in  the  U.S.  dropped   from  400  square  feet  to  250  and  will  be  reduced  to  150  (NYT).    47%  of  Aetna’s  35,000  employees  work  from  home  now,  with   millions  of  dollars  in  savings  WSJ   WORKING   ANYWHERE   22 22 22 22 ©  2013  Simplifying  Work.  Ayelet  Baron  

  23. 9 ConsumerizaOon  of  the  workplace   23 23 © 2013 Simplifying Work. Ayelet Baron

  24. hGp://www.slideshare.net/bengrossman/10-­‐social-­‐best-­‐pracLces-­‐from-­‐the-­‐best-­‐social-­‐brands-­‐of-­‐2013   Easy  for  consumers  to  get  what  they   want  when  they  want  it   ABUNDANCE   24 © 2013 Simplifying Work. Ayelet Baron

  25. 10 Companies will measure how employees use their time with data and analytics, like Google and others 25 Business Insider: http://www.businessinsider.com/the-future-of-the-workplace-slide-deck-2013-2#-59

  26. 11 26

  27. 12 Knowing  how  to  reinvent  your   business  may  keep  you  in  business   27 27 27 © 2013 Simplifying Work. Ayelet Baron

  28. Getting Back to Basics

  29. Say Hello to 21 Say Hello to 21st st Century Work: Century Work: Say Goodbye to 20 Say Goodbye to 20th Practices: Practices: th Century Century Nimble  organizaLon  and  open,   transparent  communicaLon   Top-­‐down  hierarchies   ©  2013  Simplifying  Work.  Ayelet  Baron  

  30. Say Hello to 21 Say Hello to 21st st Century Work: Century Work: Say Goodbye to 20 Say Goodbye to 20th Practices: Practices: th Century Century Nimble  organizaLon  and  open,   transparent  communicaLon   Top-­‐down  hierarchies   CreaLng  new  markets   CompeLng  for  market  share   ©  2013  Simplifying  Work.  Ayelet  Baron  

  31. Say Hello to 21 Say Hello to 21st st Century Work: Century Work: Say Goodbye to 20 Say Goodbye to 20th Practices: Practices: th Century Century Nimble  organizaLon  and  open,   transparent  communicaLon   Top-­‐down  hierarchies   CreaLng  new  markets   CompeLng  for  market  share   Project-­‐based  work   Job  based  work   ©  2013  Simplifying  Work.  Ayelet  Baron  

  32. Say Hello to 21 Say Hello to 21st st Century Work: Century Work: Say Goodbye to 20 Say Goodbye to 20th Practices: Practices: th Century Century Nimble  organizaLon  and  open,   transparent  communicaLon   Top-­‐down  hierarchies   CreaLng  new  markets   CompeLng  for  market  share   Project-­‐based  work   Job  based  work   People-­‐  centric   OrganizaLon-­‐centric   ©  2013  Simplifying  Work.  Ayelet  Baron  

  33. Say Hello to 21 Say Hello to 21st st Century Work: Century Work: Say Goodbye to 20 Say Goodbye to 20th Practices: Practices: th Century Century Nimble  organizaLon  and  open,   transparent  communicaLon   Top-­‐down  hierarchies   CreaLng  new  markets   CompeLng  for  market  share   Project-­‐based  work   Job  based  work   People-­‐  centric   OrganizaLon-­‐centric   Command  and  control   Trust-­‐based   ©  2013  Simplifying  Work.  Ayelet  Baron  

  34. Say Hello to 21 Say Hello to 21st st Century Work: Century Work: Say Goodbye to 20 Say Goodbye to 20th Practices: Practices: th Century Century Nimble  organizaLon  and  open,   transparent  communicaLon   Top-­‐down  hierarchies   CreaLng  new  markets   CompeLng  for  market  share   Project-­‐based  work   Job  based  work   People-­‐  centric   OrganizaLon-­‐centric   Command  and  control   Trust-­‐based   Networks/RelaLonship  based   OrganizaLon  hierarchy   ©  2013  Simplifying  Work.  Ayelet  Baron  

  35. Say Hello to 21 Say Hello to 21st st Century Work: Century Work: Say Goodbye to 20 Say Goodbye to 20th Practices: Practices: th Century Century Nimble  organizaLon  and  open,   transparent  communicaLon   Top-­‐down  hierarchies   CreaLng  new  markets   CompeLng  for  market  share   Project-­‐based  work   Job  based  work   People-­‐  centric   OrganizaLon-­‐centric   Command  and  control   Trust-­‐based   Networks/RelaLonship  based   OrganizaLon  hierarchy   Work-­‐life  balance   Life-­‐work   ©  2013  Simplifying  Work.  Ayelet  Baron  

  36. Say Hello to 21 Say Hello to 21st st Century Work: Century Work: Say Goodbye to 20 Say Goodbye to 20th Practices: Practices: th Century Century Nimble  organizaLon  and  open,   transparent  communicaLon   Top-­‐down  hierarchies   CreaLng  new  markets   CompeLng  for  market  share   Project-­‐based  work   Job  based  work   People-­‐  centric   OrganizaLon-­‐centric   Command  and  control   Trust-­‐based   Networks/RelaLonship  based   OrganizaLon  hierarchy   Work-­‐life  balance   Life-­‐work   Having  10+  jobs  by  40   30+  Year  Career   ©  2013  Simplifying  Work.  Ayelet  Baron  

  37. Companies that authentically value their employees will be (and already are) the big winners in the 21st- century economy. ©  2013  Simplifying  Work.  Ayelet  Baron  

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