© Digitalist 2021. As a way to manage this potential risk, 53 percent of respondents will be looking to the remote workforce to fill the gaps that they anticipate experiencing in 2020 and beyond. Technology can also help achieve a better brand reputation, such as through improving production process sustainability and reducing businesses’ carbon footprints by using a demand-driven operating model. If you’re wondering what’s ahead for the future of work, read on. (Of course, the youngest workforce generation is leading the way, with almost half of millennials freelancing already.). According to the World Health Organization, 600 million people suffer food poisoning every year and 420,000 die as a result. For instance, Material Handling & Logistics reported that researchers at the University of Washington have used machine learning to develop a system that assesses ergonomic risk for warehouse workers. What is it about coworking? We are officially in a new decade. This means that every time you visit this website you will need to enable or disable cookies again. That psychological shift is not insignificant because it means that, among other things, traditional ideas of teamwork – being something both physical and tangible – are less obvious and more challenging. Need service or support? Ignore them and, well, don’t blame us if your partner leaves … In 2020, professional services firms will struggle with how AI can … , 2020 Predictions, How To Lead A Midsize Business Through Times Of Risk And Unpredictability, Midsize Retailers Expand Their Communities In Response To Crisis, Four Reasons Why Professional Services Can Emerge Stronger From Extensive Disruption. Over the past 10 years, the global business landscape has dramatically transformed. Perhaps more importantly, they also expect tech to be the number one driver of change in the next 18 months. So yes, of course, the 9 to 5 era is fading away, and the one of flexible work is just getting started. It is being driven by the technology to help us do that. So after about a year, I proposed that I be allowed to, as we called it back then, “tele-commute.”. Driving Employee Experience. The Digitalist Magazine is your online destination for everything you need to know to lead your enterprise’s digital transformation. Future of work: Trends from 2020 that are here to stay. We’re often talking about the “future of work”, when in fact those new ideals and workplace needs aren’t being met in the “right now” of work. In 2020, we can expect to see even more innovations that will shape the future of work and beyond. Technology should be utilized in the digital transformation journey to help navigate economic uncertainty by finding efficiencies, making more accurate demand forecasts, and promoting agility. Innate liking for flexible work schedules. Cain highlights three overarching future work trends expected in developed nations in the 2022 – 2026 time frame, along with some of their key impacts. Companies may also perform more corporate training to retrain current staff. This will help benefit both businesses and their employees, by improving productivity, profitability and … Download the ISS 2020 Vision White Book: The Future of Work, Workforce and Workplace The notions of work, workforce and workplace are coming together The notion of work, workforce and workplace are coming together to create a stronger focus on the organisation’s ability to attract and retain talent and use the workplace as a tool to drive organisational performance. The third turned us into knowledge workers bound in offices. Because I can tell you, big businesses are, and as a result, they will snag the best and the brightest if you don’t keep up with these changes and pivot accordingly. Top Work Trends For 2020 And Beyond. SHEA Global is on Twitter, Facebook, and LinkedIn. © 2021 SHEA Business Solutions | firstname.lastname@example.org, The Jobs of Tomorrow: Using People and Technology to Bridge the Skills Gap, Demand-Driven Inventory and Process Optimization, Global Economic Uncertainty and Consumer Expectations. That is why I was very happy when SAP asked me to write a blog on the top trends I see for business generally, and small business specifically, for 2020 and beyond. 19-December-2019 Artificial intelligence has allowed companies to make more data … Learn how leading companies use knowledge, intuition and empathy to build inclusive prosperity and bright futures in the future of work. Similarly, I have been writing my online small business column for USA TODAY for about 20 years and have had a podcast for almost a decade, so fortunes have put me at the forefront of a lot of business trends. More Organic Artificial Intelligence. Your ideas about different coworking spaces are very helpful. Future of work trends also show organizations putting greater emphasis on environmental sustainability. For example, one thing you will see throughout this blog is that the very nature of work is changing; younger workers expect more out of work and their employers. For ages, cities offered tax breaks and other incentives to try to get employers to relocate to their area. They were – by far – the largest generation ever in the history of the United States, and their effect was seen and felt everywhere: from music to culture to, yes, business. Download Mercer’s 2020 Global Talent Trends Study today. The three areas they emphasized were: At the same time, many manufacturers have reported skill gap challenges, with potential candidates not possessing the skills needed to perform the role or grow with the company in the future. Other notable innovations in supply chain automation have also gained traction in 2019. ), I started out back in the day working for a big firm in the big city. At the same time, consumers are also demanding more from businesses — more transparency, more sustainability, and more personalization. Measure adaptability quotients (AQ) instead of IQs. , Future Of Work Premium What global business trends do you think we’ll see in 2020? Work a four-day work-week, although if Jack Ma has got his way, it will be 996 (that’s 9am to 9pm, 6 days a week). Download Mercer’s 2020 Global Talent Trends Study today. Traceability, a critical part of the supply chain process, will take precedence in 2020. Steve is also an attorney, thought leader, and the author of 17 books, including The Small Business Bible. According to McKinsey’s The State of Fashion 2020, “Brands that can align with the dominant trends and continue to innovate are most likely to ride the challenges and emerge ahead of the pack.”. Harvard Business Review reported that In July 2019, Amazon announced plans to invest $700 million to upskill 100,000 employees. This revolution is about breaking free of geography. Learn how leading companies use knowledge, intuition and empathy to build inclusive prosperity and bright futures in the future of work. While reducing paper usage is certainly part of that ( the average office worker prints more than 10,000 pages a year ), minimizing the need for physical delivery of documents as well as in-person meetings can also be impactful. In the last four months, work has changed drastically. For instance, one software company recruits medical technology professionals and trains them for information technology roles. AI redefines professional services. Karl Marx famously said, “Workers of the world, unite!” These days, a more appropriate phrase may be, “Workers of the world, disintegrate!”. In 2020, the use of AI in supply chain and manufacturing processes will only continue to grow. He can be reached at www.MrAllBiz.com. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Big data, the cloud, the internet of things, robots, automation, video, collaboration … Indeed, tracking trends in business is something that has become a bit of a cottage industry for me, and mostly (although far from totally) I have been right. But no longer. While some jobs will be lost, and many others created, almost all will change. “At the World Economic Forum, we call this the Fourth Industrial Revolution. Another trend for businesses struggling with a labour shortage is to employ technology to perform skilled roles. , 2020 Strategies And Insights For Midsize Companies Series “As technology untethers society, and remote work becomes the norm, people will live in the cities of their choosing, rather than the ones that are nearest to where they work. Reach out to us today for a consultation. Worker digital dexterity will become critical. Download the IDC infographic, sponsored by SAP, “The Roaring 2020s – Six Trends Midsize Companies in the Next Decade.” And we invite you to join our upcoming webinar for a deeper dive into each of these trends and what you can do now to take advantage of them. More information about our Privacy Statement, 2020 Strategies and Insights for Midsize Companies, rather than the ones that are nearest to where they work, The Roaring 2020s – Six Trends Midsize Companies in the Next Decade, Winning in the 2020s: Six Trends Every Midsize Company Needs to Know, 2020 Strategies And Insights For Midsize Companies Series. Executives and recruiting professionals are worried about the health of their industries and the demand for skilled workers, according to the 2020 Future of Work Report. Read the Digitalist Magazine and get the latest insights about the digital economy that you can capitalize on today. JustCo Launches Digital Future of Work Platform with Ground-Breaking Innovations Switch and SixSense. Welcome to the future of work… Apply for a new position using a biometric CV. What changes could be in store for the workplace, the workforce, and the nature of work itself? Technologies. If you disable this cookie, we will not be able to save your preferences. Standard hiring. Steve Strauss is a best-selling author and senior USA TODAY small business columnist whose content and media appearances reach millions. So, as it turns out, I was a bit of a forerunner in that regard. We are no longer using cookies for tracking on our website. , Experience Management They will expect to be remote and to be given the tools and freedom to work this way. Part 2 of the “2020 Strategies and Insights for Midsize Companies” series. Future of Work The world of work is changing. The first two revolutions were about mass production. Mental health conversations in the workplace. ), I started out back in the day working for a big firm in the big city. Our team of experts helps businesses achieve end-to-end transformation and ongoing optimization. Just look at what the mayor of San Jose, California, wrote in his op-ed for the Wall Street Journal, “Why I’m Not Bidding for Amazon’s HQ.” Mayor Liccardo explained: “Luring new corporate offices like those of Amazon to cities would only perpetuate an unsustainable cycle. This confluence – of millennials, technology, and attitudes – means that your staff will increasingly expect to work when, where, and how they want. In 2020, we expect to see demand-driven operating models becoming the norm. Everything we know about the future of work is being shaped by five trends: globalization, technology, changing demographics, new behaviors, and mobility. Similarly, millennial employees expect to not only be able to work virtually and flexibly, but also, they expect that they will be given the tools and freedom by their employer to do so. | , Small And Midsize Businesses While uncertainty may be coming in 2020, digital solutions are what will help guide businesses through the doubt with big data, predictive analytics, and more efficient workflows. And get this: According to one survey I just saw, the majority of the U.S. workforce will freelance to some degree by 2027. The 9-to-5 work schedule has for long been second nature … Driven by accelerating connectivity, new talent models, and cognitive tools, work is changing. I also had a big commute. According to IDC Manufacturing Insights, by the end of 2021, half of all manufacturing supply chains will have invested in supply chain resiliency and AI resulting in productivity improvements of 15%. Share with us on social media. As opposed to boomerpreneurs, millennials adopt new technologies easily and quickly. And they are using the digital tools that companies like SAP are creating to forge something altogether new and surprisingly analog: A better, more connected way of working with each other, with employees, with employers, and with customers. “In 2020, organisations across the world experienced a sudden surge in remote workers. We can help navigate trends in 2020 and beyond. Much of this has to do with the fact that younger workers are increasingly choosing lifestyle over work. For businesses, innovation offers many exciting opportunities; however, it can be difficult to know which advancements will be the most beneficial. In a trend that is showing no signs of slowing down, remote work is … Over the past 10 years, the global business landscape has dramatically transformed. The cities of their choosing will have a certain “vibe” by offering attractive living options in tech-friendly environments.”. In 2020, we can expect to see even more innovations that will shape the future of work and beyond. Guest Column: Priyanka Agrawal, Co-founder, COO and Chief Strategy Officer, Fractal Ink … , SMB Artificial intelligence, automation, and robotics will make this shift as significant as the mechanization in prior generations of agriculture and manufacturing. Do so and you’ll have perfect vision about where to place your bets. Steve Strauss . As technology continues to get smarter and changing ways of working continue to impact workplace design, we explore which key trends are shaping the future of the office for 2020 and beyond… Coworking challenges the traditional office. Indeed, whereas work used to be a place where you go, now it is something that you do. The future of work is being shaped by two powerful forces: The growing adoption of artificial intelligence in the workplace, and the expansion of the workforce to include both on- and off-balance-sheet talent. In 2020, SYSPRO CIO Kevin Dherman predicts that advanced food tracking and packaging will play a pivotal role in risk detection vs. disaster recovery. OK, so with that disclaimer out of the way, here is my take on the top trends coming down the pike to a business near you: I don’t use the word “radically” lightly or often, but it is appropriate here. The good news is that companies are making remote work easier, more productive, and more possible. But will these changes persist into the future? Future of Work, Part 2 of the “2020 Strategies and Insights for Midsize Companies” series, Although I don’t practice law anymore (I came to my senses long ago, thank you very much! Globally, the economy is predicted to face some challenges in 2020 – namely trade uncertainty, interest rate changes (such as the recent U.S. Federal Reserve cuts), slowed down global growth, and increased international competition. For instance, order fulfillment automation is an emerging trend that can fill orders faster with less overhead and resources — plus it limits the need for skilled staff members. Bye-bye, boomer dominance. Below are 13* dynamics to pay attention to in the next 12 months. While AI and automation won’t replace the need for humans, in 2020 we expect to see more robust and strategic technology used to bolster the workforce of the future. We live experientially. The data in … The talent war of the future will no longer be between companies, it will be between cities. Millennials are generally more comfortable with doing business remotely and virtually. We’ll find you a solution. Freepik. More freedom, better work, more connections, better choices. The HQ2 race only exemplified what an old, outdated strategy trying to lure corporations to a city is. While the exact answer can vary by organization, we gain much insight by looking at the overall movements shaping modern industry. The resulting report, 2020 Future of Work Report: What the Future Holds for Coworking & Remote Work, ... Future Trends for the Flexi-Workspace. 2020 opportunities By utilising technology, supporting wellbeing and encouraging flexible working, new generations are able to keep up with the evolution of the modern workplace. For starters, millennials do business very differently. Here are the global business trends we predict will be game changers this year: LinkedIn recently released its Jobs of Tomorrow report for 2020, predicting emerging jobs for the next year. Fourteen Trends in the Future of Work Here are twelve leading trends that we see meaningful movement in when it comes to developing and improving the employee experience: Employee experience will see more concerted leadership attention and increased levels of investment in 2020. As competition increases, improving the customer experience and the supply chain process will become increasingly important. 1 Comment Mycoworking Space on May 22, 2020 9:45 am. “People know that place-bound work no longer makes sense. These global trends present challenges for businesses, but also the opportunity to excel. 2019 was the year that burnout–a syndrome resulting … SME The upshot of all of this is that what people are increasingly looking for in this technologically driven society is something more. I also had a big commute. , Remote Work The future of work is already here, and the way we work and interact with companies is changing ever ...[+] faster as we move into 2020. See IDC’s list of top trends for small and midsize businesses in the 2020s. Two trends can help bridge this gap in 2020: One way that businesses might bridge the skills gap in 2020 is through recruiting candidates for potential vs. hard skills, and then retraining. All rights reserved worldwide. Are you ready for flextime and remote work and BYO devices and gig workers and all the rest? For businesses, innovation offers many exciting opportunities; however, it can be difficult to know which advancements will be the most beneficial. The future of work: Top collaboration trends for 2020 As we move into a new decade, we continue to battle the workplace practices of the 20th century. As robotics, AI, the gig economy and crowds grow, jobs are being reinvented, creating the “augmented workforce.” We must reconsider how jobs are designed and work to adapt and learn for future growth. The future of work GetSmarter’s ‘The Future of Work Is Here’ report revealed that a majority of respondents point to technology as one of the main drivers of change within their organizations over the past 18 months. Many organizations have reaped the rewards of transforming the manufacturing planning process from traditional to demand-driven. Register for Winning in the 2020s: Six Trends Every Midsize Company Needs to Know. Now, of course, remote working is all the rage, but it wasn’t then. Supply chain innovations abounded in 2019, and it’s predicted that in 2020 more businesses will continue to find improvements. And I mention this, not out of ego (well, maybe a little bit) but more because the trends that are coming down the pike will affect a business near you or, more likely, yours. The rising importance of the user interface has … This year, 2019, saw a changing of the demographic guard – there are now 73 million millennials vs. 72 million baby boomers. A survey by the Global Workplace Analytics and FlexJobs found that remote work has grown 91% over the last 10 years, and various research has concluded that by 2020… The future of work … They don’t see the work/life balance problem that many older and female workers do; work/play/life is all the same thing for them. As Stephane Kasriel, the CEO of the remote working platform UpWork, explains. Although I don’t practice law anymore (I came to my senses long ago, thank you very much! Future of Work Disruption lies ahead. [Updated on June 13, 2020] Remote work is changing how the global workspace operates. As Strategy+Business put it, “…you can no longer treat investments in these areas as a cost, as you might have in the past — you now need to view these investments as a means to unlock value.”. Connectivity, new Talent models, and it ’ s list of top trends for small and businesses., now it is something more exciting opportunities ; however, it be..., automation, and cognitive tools, work has changed drastically is on future of work trends 2020,,... The norm consumers are also demanding more from businesses — more transparency more. Small business Bible vary by organization, we call this the Fourth Industrial Revolution medical technology professionals and them... 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