Trends Identified
Skill imbalances
The skills and capabilities businesses require are rapidly evolving. Even as automation may yield a surplus of unskilled and semiskilled labor, the digitalization of products and services is creating an enormous demand for skilled digital talent. By 2020, 30% of tech jobs will go unfilled because of talent shortages.
2017
Twelve Forces That Will Radically Change How Organizations Work
Boston Consulting Group (BCG)
Shifting geopolitical and economic power
Talent is more mobile than ever, with workers willing to cross borders and cultures to improve their career prospects. Yet a number of geographic, economic, and political developments are blocking the smooth flow of talent to areas of demand, thereby compounding the overall talent shortage.
2017
Twelve Forces That Will Radically Change How Organizations Work
Boston Consulting Group (BCG)
Diversity and inclusion
As values change across the business landscape, diversity and inclusion, often seen as “nice to have,” are increasingly becoming a necessity—and for good reason. The business case has never been stronger, as studies show that diverse teams are much more likely to foster employee engagement and improve business performance. Diverse teams are 13 times more likely to engage employees than nondiverse teams
2017
Twelve Forces That Will Radically Change How Organizations Work
Boston Consulting Group (BCG)
Individualism and entrepreneurship
Independence is becoming the dominant motivator for a large section of the population, particularly for millennials (born from the early 1980s to the mid-1990s) and Gen-Zers (born in the mid- to late 1990s and after). These younger people tend to get bored doing the same kind of work for long stretches, and they are especially interested in independent careers. Empowered by digital platforms and ecosystems, many are choosing entrepreneurship and self-employment over traditional corporate employment. By 2020, freelancers will constitute 50% of the workforce
2017
Twelve Forces That Will Radically Change How Organizations Work
Boston Consulting Group (BCG)
Well-being and purpose
Millennials and Gen-Zers, who are taking on an ever-increasing role in the workplace, want more from their jobs than just competitive compensation: they are looking for well-being. In a recent survey, 62% of millennials said they want a career with social impact, and 53% said they will work harder to increase that impact. Organizations driven by purpose and values outperform their competitors in revenue, profit and stock performance.
2017
Twelve Forces That Will Radically Change How Organizations Work
Boston Consulting Group (BCG)
Live and kicking
‘Live’ moments are very much alive and kicking, as technology brings us together to share our experiences in real time.
2019
Trends 2019
Mindshare
Look who’s talking
The rapid adoption of technology and the spoken word to enrich our lives.
2019
Trends 2019
Mindshare
Seconds saved
Tech helping our lives run more smoothly, saving us seconds on every-day tasks.
2019
Trends 2019
Mindshare
Real or replica?
In a world of growing mistrust, where tech is presenting us with curated social media, fake videos, voice assistants and virtual entities, people are re-evaluating who is real and who is not.
2019
Trends 2019
Mindshare