The Future of Work

What was once considered side hustles, the gig economy has become so much more. In fact, it’s quickly becoming a trillion-dollar industry that offers more choices and opportunities. Whether it’s partaking in the rideshare business as a driver or working as a consultant in the project economy, are we seeing the demise of the full-time employee? What does this mean for organizations who need employers—or contractors—with hyper-specialized skills in order to remain relevant? What are the pros and pitfalls of this new gig landscape and who is able to thrive?

Across the globe, people have created effective remote working environments for themselves. Statistics vary, but the majority of employees say that working remotely will be important to them in the future. Not all workers have the option, but more than half do, and when offered, almost everyone takes the opportunity to work flexibly. So with more staff solely interacting through digital means, does the loss of face-to-face interactions mean less networking, creative collaborations and impromptu hallway meetings?

There’s no ignoring it: Data is driving business forward. Data informs good decision making. And as a result, companies are empowering their employees to explore, understand and communicate with data. As we look at the future of work, every role at every level of an organization will need data-literacy skills.

Specialized digital skills are becoming increasingly important and yet jobs are not becoming hypertechnical. Instead, they are becoming increasingly hybrid, mixing human and technical skills—and employers and workers alike are still struggling to keep up. For example, job postings are cropping up with qualifications in data analytics, project management and critical thinking. But those same postings are also requiring excellent communication skills, problem solving and time management. How do you balance the hard with the soft?

Specialized digital skills are becoming increasingly important and yet jobs are not becoming hypertechnical. Instead, they are becoming increasingly hybrid, mixing human and technical skills—and employers and workers alike are still struggling to keep up. For example, job postings are cropping up with qualifications in data analytics, project management and critical thinking. But those same postings are also requiring excellent communication skills, problem solving and time management. How do you balance the hard with the soft?

AI and automation are making some jobs obsolete or creating new jobs. We’re also witnessing the great resignation, brought on by myriad reasons. In a McKinsey Global Institute report, “In the United States, we project there are about 17 million people in jobs that may see less demand. Over the eight countries we study in our report, 100 million people may need skills to perform different occupations in growing fields.” So if you’re thinking about or perhaps in the midst of a career change, you need to get up to speed quickly.