Workplaces are constantly changing and tomorrow’s workplaces are expected to be very different from existing ones. Increased diversity, application of technology & collaborative tools and increased globalization have meant that workplaces need to constantly evolve to cope with the changing external environment. New work forms such as freelancing and virtual working will be an increasing reality. Continuous learning will be the norm and organizations will have a flatter structure to enable quicker decision-making and foster innovation. Employees will prioritize meaningful work over salaries and job security, underscoring the importance of talent management. Social media recruitment and maintaining a talent management pipeline will become new ways of retaining high-priority talent.
New technologies such as mobile internet, big data, IoT, artificial Intelligence and machine learning are expected to be game changers in the way work will be done in the future and correspondingly, workers need to reskill themselves continuously to avoid becoming irrelevant. New technologies will replace low-skilled routine jobs, but they will create more job opportunities by enabling employees to move towards more high-skilled jobs. However, organizations should not shy away from embracing technology to avail cost benefits and better employee productivity.
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