What does the fascinating future of corporate jobs entail? Let’s find out.
We live through a fundamental transformation regarding our approach to work. Automation and ‘thinking machines’ are substitutions for human tasks, constantly changing the talents organizations search for in their people. However, what does the long-term overview look like?
Do you believe that technology will destroy jobs and exacerbate inequality, or will it make life better and people healthier? Technology has overtaken some manual jobs, so this question has worried humankind ever since. As technology improved, we no longer needed clock keepers, film projectionists, switchboard operators, and other such jobs. Digital cameras and mobile phones have transformed photography and how we capture images. To remain competitive, photographers had no choice but to embrace new technologies.
We are witnessing the advent of artificial intelligence in the workplace and the expansion of on-again, off-again talent in the workforce. The future is not within the control of individuals or organizations. There is no time when an organization can say, “I like that future. That’s where I’m going. These decisions are for me to lead us into that future,” and have it turn out the way they want it to.
The impact of government and the talent supply (and other) external factors are the things that will determine what the future will unfold. Human Resources might vanish and be replaced by automation, outsourcing, and self-organizing teams in the future, as we learned from our past. Nevertheless, we have learned a lot from our experiences since then.
Four Possible Worlds of Work and Corporate Jobs
As new technology makes small businesses more robust, one world could shift away from big firms. One possible scenario would be that companies work together to improve society. A PwC report identifies four different types of workplaces corresponding to different colors.
Consider these options:
- Many small businesses are taking advantage of the abundance of information, skills, and financing available in the Red World. There will be fierce talent competition in the future, so those with the most in-demand skills will attain the highest salaries. Entrepreneurs will rely on outsourced services for human resources functions, and HR will no longer exist as a separate function.
- Global corporations will become more powerful and influential than ever before in the Blue World. Fierce competition for top talent exists among companies. To protect their profit margins, companies use their size and influence.
- A strong eco-awareness will be promoted due to strong public opinion and the scarcity of natural resources in the Green World.
- There is a future world known as the Yellow World, where workers and companies will strive to find greater meaning and relevance. Working for an organization with strong ethical and social standards will offer employees autonomy, flexibility, and fulfillment. Equal pay will be an integral part of the workplace of the future.
How the Workplace Will Look Like
- Honing their critical thinking and creativity while digitally upskilling is essential for all workers in this economy. We are in dire need of new ideas, information, and brand-new business models and ventures.
- Employees will be able to communicate easily with teams and coworkers through avatars, language software, conversational interfaces, and real-time dialect translation soon.
- Workplaces will have “Places to Work”; by eliminating any assigned seating, the best workplaces will offer workers a wider choice of spaces.
- The number of small corporations will increase. There will be so many opportunities for collaboration that a costly big business will not be necessary.
- We will have a flat hierarchy in which everyone is a leader. Teamwork will be more effective than dictatorship.
- The focus will be on wellness; offices will have healthier working conditions, from lighting to relaxation zones, sleeping rooms, music, and pets at work.
- The “Chief of Work” role is necessarily required. The Chief of Work is responsible for setting the culture within the company. Additionally, it may be the best job for the future.
- We’re saying goodbye to desks; employees will park themselves anywhere and have a simulated office right in front of them.
- Worker Robot Assistants – All workers, regardless of their level, will use robotic assistants in the future, such as Siri or Alexa, to sort emails, schedule meetings, and construct spreadsheets.
- Meetings will typically be held between workers in different geographical locations, allowing seamless ideas to be shared and brainstormed across time zones.
- People will use virtual and augmented reality headsets for virtual and informal get-togethers.
Many of us undertook what was commonly framed as a shift from working in the office to working at home during the global pandemic. Many of us could not work in our representative offices for extended periods.
Nevertheless, this shift in location did present logistical challenges, but it did not represent the most significant change in our work. Not being able to work from home is not an essential factor; instead, being able to work entirely digitally is. We swapped pencil and paper, drawing boards and blueprints, and in-person meetings for equivalent digital tools by moving the work from physical to digital.
During that process, we discovered that when work is done digitally rather than physically, where the worker is located matters less than how it is done. We have experienced long periods of incremental change punctuated by sudden and unexpected developments that set us on a new course throughout history.
In addition to promoting better work/life balance, allowing workers to work from a suitable and convenient location does so in a more equitable way. Many firms have worked hard to ensure that all candidates are considered for a position regardless of their background or demographics. Nonetheless, many positions, particularly those with high status, require relocating or adopting punishing travel schedules.
There might be a candidate who, though relatively qualified, is caring for an elderly parent or has other responsibilities that prevent them from relocating or traveling extensively. If they cooperate digitally, they wouldn’t have to travel as often to attend meetings in person and could work the rest of the time remotely.
Not only will we work for money, but a purpose and a passion.
Employees who want to impact society earlier in life rather than waiting until retirement will be more likely to make a meaningful impact.
We will see a trend in the future where people actively seek opportunities to tie their impact and value to their mission, purpose, and passion. People who view other people’s posts on social media will be influenced to get involved and help spread social innovation and equity.
By offering employees a chance to make a socially meaningful impact through their work, innovative companies will make themselves more attractive, not solely with money. Create opportunities for employees to come forward with stories, experiences, and achievements relating to various social causes so that HR can build a program that drives employee engagement.
What Will A Job Interview Look Like?
The hiring managers associated with job hunters these days would agree that an interview isn’t the perfect way to hire the best person for the job. Managers have faith in personal info to create their decision, which isn’t the most accurate.
- The right brain for the job: Wearable health technology is ready to identify the proper brain for the job.
- Virtual job performance tests: Employers use virtual reality for job assessments, training, and diversity initiatives.
- A ‘credit score’ for skills: One day, corporations would possibly automatically score skills, and these scores can be placed online.
- Personality profiling with the assistance of AI: As soft skills gain importance, many employers can use AI to make profiles using social media.
The Dark Side To Work-Life Balance
To fuel upskilling and managing better projects, employees working independently or from remote locations will likely take on more work assignments, possibly where they feel they are working 24/7. Employees will no longer prioritize work over life to achieve a work-life balance.
Eventually, biorhythms, nutritional needs, and exercise needs will be monitored by technology to determine when people have worked too much and when they need to recharge.
The work-life balance will still have shadowy aspects in the future. Technology bridges geographically separated people, leading to fractures in their relationships and cultures.
There is no question that we live in a time of volatility, complexity, and transition. In the next decade, technological advancements, redefining careers, and redefining work-life balance will profoundly impact how we work, learn, and explore.
The future isn’t a hard and fast destination. We have to arrange a dynamic instead of a static future. You’ll have to be compelled to recognize multiple and evolving eventualities. Create ‘no regrets’ moves that ensure employment in most scenarios – however, you’ll need to make some ‘bets.’
Automation and computing (AI) can affect each business level and its people. A depth of understanding and keen insight into the dynamic technology landscape may be necessary. The future of corporate jobs is murky, but we can do our best to get ready and stay ready.