Future of Work Trends and Challenges

The video discusses the evolution in the world of work driven by five key trends: globalization, mobility, Millennials, new behaviors, and technology. Globalization allows organizations to access global talent, while mobility enables work from anywhere. Millennials, as digital natives, are reshaping work expectations. New behaviors and technologies like Big Data and cloud computing are transforming how we work. Organizations must adapt to these changes to attract and retain talent by creating environments where employees want to work, not just need to.

What is causing organizations to rethink what it means to be an employee or manager?

• Economic downturns

• Government regulations

• Five evolving trends

• Technological advancements

How is globalization affecting the workplace?

• It is limiting access to global markets

• It is increasing the need for physical offices

• It is reducing the importance of physical location

• It is making local talent more valuable

What does mobility allow us to do in the context of work?

• Work only from the office

• Work only during office hours

• Stay connected anytime, anywhere

• Limit communication to emails

By what year are Millennials expected to make up 75% of the workforce?

• 2035

• 2030

• 2025

• 2020

What is a key characteristic of Millennials in the workplace?

• They prefer working in isolation

• They avoid using technology

• They are digital natives

• They prefer traditional work methods

What is an example of new behaviors entering organizations?

• Avoiding social media

• Sharing thoughts on blogs

• Limiting communication to phone calls

• Keeping professional history private

Which technology is NOT mentioned as enabling new ways of working?

• Artificial Intelligence

• Wearable devices

• Cloud computing

• Big Data

What is the central nervous system of future organizations?

• Finance

• Technology

• Marketing

• Human Resources

What shift are organizations being forced to make regarding their work environment?

• From physical to virtual

• From want to need

• From need to want

• From virtual to physical

What will happen to organizations that do not plan for the future of work?

• They will thrive

• They will struggle to attract talent

• They will become more innovative

• They will increase employee satisfaction