key trends in the future of work

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

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UNLOCKING THE FUTURE OF WORK Creating 21st Century Organizations that are Innovative, Collaborative and Global

Ayelet Baron| Futurist November 14, 2013 ayeletbaron.com

ayelet27@gmail.com Twitter: @ayeletb

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

People First will Drive Results

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SURVEY  SAYS  

Organizations that put their people first will have a huge advantage

According  to  Gallup,  3  in  10  employees  are  engaged  at  work  

DeloiAe’s  ShiD  Index  indicates  that  20%  of  workers  like  their  jobs  

© 2013 Simplifying Work. Ayelet Baron

We Are Still Operating with 20th Century Practices in A 21st Century Work World 2

©  2013  Simplifying  Work.  Ayelet  Baron  

20th  Century     We  may  have  cubicles  but  we  are    sOll  operaOng  like  it’s  1954.  You  drive  to  the  office  to  sit  in  a  cube.  

© 2013 Simplifying Work. Ayelet Baron

Workplace Demographics Are Shifting

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SHIFTS  By  2025,  over  75%  of  the  workforce  will  be  comprised  of  Millennials.  That’s  just  over  11  years  away.    

© 2013 Simplifying Work. Ayelet Baron

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BUSINESS  MEASURED  BY  SOCIETAL  VALUE  

Millennials, relative to older generations, are all about giving back to communities that align with their core values

http://strategicphilanthropyinc.com/the-next-generation-of-philanthropy-engaging-millennials-in-your-corporate-giving-efforts/

©  2013  Simplifying  Work.  Ayelet  Baron  

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MORE  SHIFTS  

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

©  2013  Simplifying  Work.  Ayelet  Baron  

The emergence of women at work

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5©  2013  Simplifying  Work.  Ayelet  Baron  

12 ©  2013  Simplifying  Work.  Ayelet  Baron  

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HUMAN  CENTRIC  

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.  

©  2013  Simplifying  Work.  Ayelet  Baron  

14 PURPOSE  

Employees  are  increasingly  looking  for  personal  growth,  purpose  recogniOon,  access,  influence,  impact  

© 2013 Simplifying Work. Ayelet Baron

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6Global demographics will shape the workplace

©  2013  Simplifying  Work.  Ayelet  Baron  

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GLOBALIZATION  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  

© 2013 Simplifying Work. Ayelet Baron

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TALENT    GAPS  

Significant  talent  gaps  expected  from  2020  and  beyond  in  parts  of  the  world  while  others  will  be  challenged  by  employability  

© 2013 Simplifying Work. Ayelet Baron

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The Contingent Workforce Will Change Business 7

©  2013  Simplifying  Work.  Ayelet  Baron  

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Source:  Future  of  Work:  MBO  State  of  Independence  2013  Study,  Emergent  Research    

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INDEPENDENT  WORKFORCE  

By  2020,  over  40%  of  the  workforce  will  be  conOngent  

© 2013 Simplifying Work. Ayelet Baron

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Source:  Future  of  Work:  MBO  State  of  Independence  2013  Study,  Emergent  Research    

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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.    

© 2013 Simplifying Work. Ayelet Baron

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

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WORKING  ANYWHERE  

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  

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ConsumerizaOon  of  the  workplace  © 2013 Simplifying Work. Ayelet Baron

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hGp://www.slideshare.net/bengrossman/10-­‐social-­‐best-­‐pracLces-­‐from-­‐the-­‐best-­‐social-­‐brands-­‐of-­‐2013  

ABUNDANCE  Easy  for  consumers  to  get  what  they  want  when  they  want  it  

© 2013 Simplifying Work. Ayelet Baron

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10 Companies will measure how employees use their time with data and analytics, like Google and others

Business Insider: http://www.businessinsider.com/the-future-of-the-workplace-slide-deck-2013-2#-59

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Knowing  how  to  reinvent  your  business  may  keep  you  in  business  

© 2013 Simplifying Work. Ayelet Baron 12

Getting Back to Basics

Say Hello to 21st Century Work: Say Goodbye to 20th Century Practices:

Nimble  organizaLon  and  open,  transparent  communicaLon   Top-­‐down  hierarchies  

©  2013  Simplifying  Work.  Ayelet  Baron  

Say Hello to 21st Century Work: Say Goodbye to 20th Century Practices:

Nimble  organizaLon  and  open,  transparent  communicaLon   Top-­‐down  hierarchies  

CreaLng  new  markets   CompeLng  for  market  share  

©  2013  Simplifying  Work.  Ayelet  Baron  

Say Hello to 21st Century Work: Say Goodbye to 20th Century Practices:

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  

Say Hello to 21st Century Work: Say Goodbye to 20th Century Practices:

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  

Say Hello to 21st Century Work: Say Goodbye to 20th Century Practices:

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  

Trust-­‐based   Command  and  control  

©  2013  Simplifying  Work.  Ayelet  Baron  

Say Hello to 21st Century Work: Say Goodbye to 20th Century Practices:

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  

Trust-­‐based   Command  and  control  

Networks/RelaLonship  based   OrganizaLon  hierarchy  

©  2013  Simplifying  Work.  Ayelet  Baron  

Say Hello to 21st Century Work: Say Goodbye to 20th Century Practices:

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  

Trust-­‐based   Command  and  control  

Networks/RelaLonship  based   OrganizaLon  hierarchy  

Life-­‐work   Work-­‐life  balance  

©  2013  Simplifying  Work.  Ayelet  Baron  

Say Hello to 21st Century Work: Say Goodbye to 20th Century Practices:

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  

Trust-­‐based   Command  and  control  

Networks/RelaLonship  based   OrganizaLon  hierarchy  

Life-­‐work   Work-­‐life  balance  

Having  10+  jobs  by  40   30+  Year  Career  ©  2013  Simplifying  Work.  Ayelet  Baron  

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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