workplace 2030

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www.peoplematters.i By Ester Martinez & Rajlakshmi Saikia

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What will the workplace look like in 2030? Will our work be truly an extension of our home and social space? Will mobile phones replace laptops as our work device? How will organizations identify talent? What will career mean? Forecasting for workplace 2030 may not be as far-fetched as it seems, as some of these are already today’s reality. In this story, People Matters explores how talent management and the workplace will evolve in the next 20 years and how businesses can take advantage of the new paradigm

TRANSCRIPT

Page 1: Workplace 2030

www.peoplematters.in

By Ester Martinez & Rajlakshmi Saikia

Page 2: Workplace 2030

www.peoplematters.in

What will the workplace look like in 2030?

Will our work be truly an extension of our home and social space?

Will mobile phones replace laptops as our work device?

How will organizations identify talent? What will career mean?

Forecasting for workplace 2030 may not be as far-fetched as it seems, as some of these are already today’s reality. In this story, People Matters explores how talent management and the workplace will evolve in the next 20 years and how businesses can take advantage of the new paradigm.

Page 3: Workplace 2030

www.peoplematters.in

As businesses move towards a more interdependent model, the company walls are fast getting fuzzy and this demands a fresh look at managing talent

The 9-to-6 work culture is fast shifting to working on the basis of project accountability & goal accomplishment. Talent professionals will need to support these new work styles

The consumer experience and the speed of change have a huge impact on how people interact, learn and collaborate inside & outside the workplace

Office being the first place of work and home office second, the ‘third place’ is anywhere one’s mobile phone is

PREDICTIONS FOR 2030

Page 4: Workplace 2030

www.peoplematters.in

Page 5: Workplace 2030

www.peoplematters.in

At Valve, there are no managers; every person chooses the work they want to get involved with. They called it the fearless adventure in knowing what to do when no one’s there telling you what to do

Page 6: Workplace 2030

www.peoplematters.in

EXPERTS SPEAK

“Organizations are now embracing social media and technology to allow people the opportunity to express through forums that the new generation is familiar with”

Anil Sachdev, Founder & CEO, SOIL

“Organizations will have to move away from after-the-fact HR measurement & reactive workforce management and embrace a predictive workforce monitoring approach”

Rajendra Ghag, Sr. EVP & CHRO, HDFC Standard Life Insurance Company

“The new workforce is a hugely networked generation which companies need to leverage from. Recruitment through social media (LinkedIn, Facebook) and referral programs is increasing year-on-year”

Piyush Mehta, SVP-HR, Genpact

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Page 7: Workplace 2030

www.peoplematters.in

EXPERTS SPEAK

“The new workplace must look at providing fair and comparable pay structures; learning opportunities and sequence assignments to provide a variety of challenges to employees”

Meena Surie Wilson, Senior Faculty, Center for Creative Leadership, Asia Pacific

“This new generation has a lot of expectations about the organization’s brand,opportunity to grow and learn, good work-life balance and timely recognition”

Aarthi Rajaraman, Director-HR, Williams Lea India

“The management trainees’ onboarding process at DSCL has evolved to cater to the needs of the new workforce who seek challenging roles at a fairly early stage”

Sushil Baveja, Head, Corporate HR, DCM Shriram Consolidated

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Page 8: Workplace 2030

www.peoplematters.in

EXPERTS SPEAK

“The focus of talent management will be to help people manage their growth by actively enchaining job knowledge along with cross functional exposure”

Subhro Bhaduri, Executive VP-HR, Kotak Mahindra Bank

“Employees want to experience a more transparent culture where they are able to walk up to anyone to discuss & connect, as opposed to being subjected to a hierarchical channel or protocol”

Alok Narain, SVP-HR, Quatrro Global Services

“Just as supermarkets segment customers according to various categories and target them with marketing, HR and talent systems may benefit from such an approach”

David Collings, Professor, Dublin City University

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Page 9: Workplace 2030

www.peoplematters.in

EXPERTS SPEAK

“The people strategy will have to lay emphasis on entrepreneurship that will emerge as the new face of talent management”

Sudhir Dhar, Sr. VP, Head-HR & Admin, Motilal Oswal Financial Services

“Employees want a simultaneous interface that enables them to enjoy all aspects of his/her job at one location through a collaboration tool approach”

Pankaj Bansal, Co-founder & CEO, PeopleStrong

“Organizations will need a ‘Responsive Talent Management Systems’ that will allow firms to respond effectively to the changing demands of the worker, the work and the environment”

Dr. Tanvi Gautam, Managing Partner, Global People Tree

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Page 10: Workplace 2030

www.peoplematters.in

EXPERTS SPEAK

“Organizations need to be more democratic, learning must be less prescriptive and more social in nature to appeal to the Gen Y/millennial – who carries an iPod, likes to play video games, and likes Facebook”

Mohit Garg, Co-founder & CEO, MindTickle

“Full Time Employees (FTEs) will be a gone phenomenon in the future workplace.Companies will hire a combination of FTEs, part-time employees or even teams coming together on a project basis”

Gurprriet Siingh, Managing Consultant, YSC India

“The biggest single change in the new generation is that they expect to immediately have an opportunity to contribute and be rewarded for their contributions and have a positive impact on the society through their work”

Ross Dawson, The Futurist

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Page 11: Workplace 2030

www.peoplematters.in

EXPERTS SPEAK

“One of the biggest HR challenges will be to support the transformational issues of succession planning, culture congruency and value cascade”

Debashish Das, Founder & CEO, ElenchusHR Solutions

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Page 12: Workplace 2030

For Further Information Kindly Contact

+91 (124) [email protected]

www.peoplematters.in

October 2012

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