, where young people are equal citizens and are encouraged and supported to achieve their fullest potential as global citizens.
The world of work is changing fast - and mapping out healthy new work models is necessary to channel that change into the creation of stronger, sounder livelihoods and sufficient safeguards.
Future of Work
Managers are now more likely to oversee diverse, geographically-dispersed teams, to assess worker performance with new types of analytics, and to expand their searches for new recruits to non-traditional environments. The rise of “platform” economies (based on broad, far-reaching digital entities) has created more flexible work opportunities and a “gig” economy. However, this flexibility is only rarely an advantage for workers, and mostly only a benefit for contracting entities. Workers must rely on their prioritization skills to maintain a work-life balance, and on their ability to cope with demands for near-immediate availability and instant comparisons (in the form of ratings) with their gig worker competition - which is constantly expanding. Customers are meanwhile exerting their own power via ratings and related algorithm tweaks, which creates more risk for individual workers than for the companies hiring them on a contract basis.
Reskilling
Gaining formal qualifications alone will not equate to successful re-skilling, however; lifelong learning opportunities such as modular short-cycle courses, experience on the job, and exposure to new projects are necessary to help more people gain the skills that match labour market demand (certifications do enable workers to validate their skills wherever they may apply them, it should be noted). Businesses need to recognize and invest in their “human capital” as an asset, rather than see it as a liability.
Social Protection
New work models and technology disruption call for innovative regulation aligned with the needs of workers
Adequate safety nets can provide workers with (at least) short-term buffers against periods of unemployment and skills that have become obsolete. These crucial protections help ensure human dignity in the face of the large-scale economic and social disruption triggered by the Fourth Industrial Revolution
Safe Spaces for
The system of retrofitting buildings improves asset visibility, empowering owners, operators and facility managers with real-time data, deeper insights and better decision-making for investments. They also provide sustainability managers with critical energy consumption information, helping advance net-zero goals.
The system of retrofitting buildings improves asset visibility, empowering owners, operators and facility managers with real-time data, deeper insights and better decision-making for investments. They also provide sustainability managers with critical energy consumption information, helping advance net-zero goals.
The system of retrofitting buildings improves asset visibility, empowering owners, operators and facility managers with real-time data, deeper insights and better decision-making for investments. They also provide sustainability managers with critical energy consumption information, helping advance net-zero goals.
The technological disruption of labour markets creates both challenges and opportunities for people
The creation of labour markets that enable everyone to participate regardless of race, ethnicity, or background has been a long-time goal of many organizations.
Job Creation and
Global entrepreneurship surveys suggest that actual entrepreneurial intention, stability, and feasibility differ greatly between and even within countries. Social-, infrastructure-, human- and financial-capital need to be directed at increasing overall entrepreneurial activity. And, the private and public sectors, including the scientific community, need to work together much more closely, in order to enable the fundamental research at universities to either be commercialized by existing firms, or by new firms created for that specific purpose. Meanwhile efficient startup ecosystems need to embrace all stakeholders, create regional networks, and provide necessary support and infrastructure.
Entrepreneurship
One key for organizing this new work paradigm will be setting the correct defaults - as they are the most effective and efficient way to influence behaviour. In some parts of an organization, control may be the best default, whereas in others it may be trust.
Digital Work Design
Organizations have needs for flexibility, speed, and scalability that call for new ways of organizing work
Finding new ways to organize work - both within firms and at their fringes - has become a central factor in economic success or failure. As the focal point of organizations shifts alongside the global economy from an emphasis on products to information, a shift is also occurring from linear to exponential organizations. Organizations now need to be ambidextrous, in the sense of providing structure, culture, and processes for older, established work and products, while at the same time they provide new and different work designs for the technology-product-market combinations of tomorrow.