Guest Commentary: Employability In The New World Of Work

The Herman Trend Alert: Employability In The New World Of Work

As the result of globalization, competition and the economic recession, the work environment has changed a lot. A few years ago, front-line employees might expect to invest their entire work lives with one company. Now, according to Forrester Research, an entry-level person is likely to have 12 to 15 jobs in a lifetime with several organizations.

As the result of globalization, competition and the economic recession, the work environment has changed a lot. A few years ago, front-line employees might expect to invest their entire work lives with one company. Now, according to Forrester Research, an entry-level person is likely to have 12 to 15 jobs in a lifetime with several organizations.

A new report supports this different perspective

The report was based on the conclusions of round-table discussions, moderated by the directors of human resources and labor relations from Microsoft, Hewlett-Packard, WiZink and Orange, and attended by 40 senior managers from different companies. The report focused on disengagement, contract terminations, new jobs and employability. Written by Pilar García-Lombardía and coordinated by IESE’s José Ramón Pin, the report provided insights into the changing dynamic between employers and employees. (IESE is a business school in Barcelona, Spain.)

Key findings

The report found two keys to maintaining employee engagement: “constant work and communication.” At the same time, the report found to avoid disengagement, employers need to minimize the increased pressure at work, including seeing others made redundant by company restructuring. This employee disengagement may manifest itself as “burnout, cynicism, or heightened criticism.” Once an employee is truly disengaged, often the best approach is to give that employee “a creative career redirection opportunity.”

The best working relationship is one characterized by “collaboration, not dependency.” Moreover, the report was clear “an excessively paternalistic corporate culture can lead to personal stagnation.”

Some jobs will disappear

As an increasing number of employers embrace new technologies, more and more jobs will go away. However, other jobs, supporting these new technologies, will be created. By the year 2025, employers expect that robots will perform 45 percent of manufacturing tasks, up from 10 percent today. One of the keys for staying employable is a job that requires social interaction. Without it, the risk of being replaced may be as high as 90 percent.

Even as some jobs go away, the evolution of how work gets done will create new jobs; unfortunately for many low-skilled workers, many of these jobs will require new skills and knowledge. Founder and executive director of the DaVinci Institute and author of “Communicating with the Future,” Thomas Frey, talks about 162 new professions. These jobs range from privacy managers to situational therapists, to many kinds of eldercare professionals.

Digital employment will be the salvation of many young people

As part of a Spanish trade fair on digital employment, data readily available from the “Observatory for Employment in the Digital Age,” predicted that eight out of 10 young people, age 20 to 30, will find employment related to a digital field that does not yet exist. The most in-demand roles will be “growth hackers” and “big-data specialists.” People who can interpret big data are already in high demand.

For employees, adaptability will be one key to success

The “Free Agent Nation” that Daniel Pink wrote about, is here; it is increasingly common to see workers with specific technical skills working as freelancers on long-term projects. The keys to maintaining employability in the face of this transforming workplace will be self-development through enhancement of knowledge, skills and attitudes, and the ability to adapt to continuous change.

Advice to employees

Avoid dependence on any one company and assume personal responsibility for your own ongoing training and professional development. Develop your ability to anticipate new opportunities and capitalize on them.

In the meantime …

As we move into the future, the current skilled labor shortages are not going away. That said, employers are working as fast as possible to eliminate jobs by utilizing Artificial Intelligence and other technologies, even robots. Software and robots never eat lunch, get sick or need a personal day. A category of employee that author Roger Herman called “the new adaptables” will continue to be in demand for the foreseeable future.

Special thanks to the Eurasia Review for this important article.

You May Also Like

Opus IVS Achieves 100+ Patents Pending

The company will demonstrate its patented technologies at the 2023 SEMA Show.

Opus IVS, a provider of integrated diagnostic, remote programming and calibration solutions, has filed patent applications that push its pending patent tally beyond 100. This achievement underscores the firm's dedication to fostering innovation and delivering solutions to stakeholders in the vehicle diagnostics and repair sector, including OEMs, multi-site operators (MSOs), insurers and both mechanical and collision repairers.

UVeye, Amazon Automate Vehicle Inspection with AI

The integration of the automated vehicle inspection system aims to expedite the delivery process while ensuring road safety.

Amazon Uveye
JNPSoft OptiCat Partners with Eucon Americas

JNPSoft OptiCat and Eucon have a history of collaboration in Europe and are expanding into the North American aftermarket.

JNP Soft Opticat Eucon
How Sustainability is Driving the Future of the Aftermarket

The rise of sustainable business has hit an apex over the last decade, and more recently within the automotive aftermarket.

Solera Study Reveals AI Priority for Fleet Operations

Fleets are prioritizing AI to streamline maintenance, speed up driver workflows and improve risk capture, the study found.

Other Posts

Why the Aftermarket is a Tantalizing Investment Opportunity

The automotive aftermarket will likely continue to be a compelling investment target for private equity.

automotive aftermarket M&A
The Connected Car Services Customers Will Pay to Have

Once consumers use connected services, they are satisfied and likely to resubscribe, an S&P Global Mobility survey found.

connected car
Cummins Acquires Key Fuel Cell, Electrolyzer Technologies

The acquisition enables continued investment and growth in hydrogen technologies.

Airbiquity Teams Up With BlackBerry To Safeguard OTA Updates

The companies are aiming to empower OEMs to adopt the Uptane Security Framework and address OTA security challenges.

Airbiquity BlackBerry