Event Report: The Future Of Jobs From #Davos16 #WEF

Published on January 20, 2016 by R "Ray" Wang

R-Wang-640x480

Will We Move Beyond Man Vs Machine In The Fourth Industrial Revolution?

The World Economic Forum released it’s Future of Jobs report.  As expected, the business model disruption across technology, societal, and economic forces have created urgency to understand the jobs and skills required for the next decade.   The survey and research design relied on interviews with global CHROs and other senior talent and strategy executives that impacted over 13,549,000 employees.

20160118 Future of Jobs Report Analysis #WEFTalks from Constellation Research on Vimeo.

Inside The Drivers Of Change

The confluence of new technologies, demographics, and socioeconomic shifts have created an impact in how jobs will be created and what skill sets will be required.  Success in the future of jobs may require a recalcuation in

The top five drivers of demographic and socioeconomic drivers of change include

  1. Changing work environments and flexible working arrangements (44%)
  2. Rise of the middle class in emerging markets (23%)
  3. Climate change, natural resource constraints and the transition to a greener economy (23%)
  4. Rising geopolitical volatility (21%)
  5. New consumer concerns about ethical and privacy issues (16%)

The top five technological drivers of change include:

  1. Mobile internet and cloud technology (34%)
  2. Advances in computing power and big data (26%)
  3. New energy supplies and technology (22%)
  4. The internet of things (14%)
  5. Crowdsourcing, the sharing economy and P2P platforms (12%)

Figure 1. Time Frame to Impact Industries and Business Models

@Rwang0 #WEF Future of Jobs Forces

Source: World Economic Forum

 

The Bottom Line: Drivers Of Change Hint At Larger Systemic Forces Impacting The Labor Market

The confluence of new technologies, demographics, and socioeconomic shifts have created an impact in how jobs will be created and what skill sets will be required.  Success in the future of jobs may require a new perspective on how growth should be calculated.  What if growth was measured by per capita?  The result would show the benefits of a decreasing population abetted by automation, robotics, and AI with a better quality of life.

Your POV.

Where do you see the future of jobs?  Should we aim for decreasing populations to improve quality per capita? What are your questions from the report?

Add your comments to the blog or reach me via email: R (at) ConstellationR (dot) com or R (at) SoftwareInsider (dot) org.

Please let us know if you need help with your Digital Business transformation efforts. Here’s how we can assist:

  • Developing your digital business strategy
  • Connecting with other pioneers
  • Sharing best practices
  • Vendor selection
  • Implementation partner selection
  • Providing contract negotiations and software licensing support
  • Demystifying software licensing

Resources

Reprints

Reprints can be purchased through Constellation Research, Inc. To request official reprints in PDF format, please contact Sales .

Disclosure

Although we work closely with many mega software vendors, we want you to trust us. For the full disclosure policy,stay tuned for the full client list on the Constellation Research website.

* Not responsible for any factual errors or omissions.  However, happy to correct any errors upon email receipt.

Copyright © 2001 -2016 R Wang and Insider Associates, LLC All rights reserved.
Contact the Sales team to purchase this report on a a la carte basis or join the Constellation Customer Experience

No one has left a comment yet.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts