Understanding the Workforce of Tomorrow

By CIOReview | Monday, November 13, 2017
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Artificial Intelligence, automation, natural language processing, and few other technologies have changed the course of the workforce in the current era. Thinking machines are now on the verge of replacing human tasks and jobs, constantly altering the skill sets that organizations look for in people. These changes raise enormous organizational and human resource challenges, especially at a time when organizations are grappling with unprecedented risks, disruption, political and societal upheaval, and many other actors.

According to the PwC report titled ‘workforce of the future – The competing forces shaping 2030’, in the impending years, the world would be divided into four segments. The Yellow world will put humans at the top of the priority list. On the other hand, innovation will rule in the Red world. The Green world will witness planet care initiatives by large organizations. Lastly, 'Corporate will be king' in the Blue World.

In fact, some sectors and individuals, as per the PwC report, are exhibiting the qualities of Blue and Green worlds. Although the Yellow and Red worlds appear more radical, however, their existence cannot be denied. Organizations that are well aware of the workforce requirement of tomorrow and strategize their workforce management in advance, will taste success. The report also highlights that amid societal and technological changes, adaptability will be the key to navigate through this conundrum.

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In conclusion, it must be noted that predicting the exact skills that will be required five years from now is next to impossible. Therefore, workers and organizations should be ready to adapt. Undoubtedly, the onus will be on organizations and individual to inculcate adaptability in their workaday life, however, Governments must come forward as well to ease the routes to training and retraining, encourage and incentivize adaptability and other value-based skills of leadership, creativity, and innovation.