© 2014, Future of Talent Institute
ATC 2014 | Sydney
Presented by Kevin Wheeler
Fearless Forecast
Workforce 2014 & Beyond
© 2014, Future of Talent Institute
Data
Analysis
Capability
Growth
Automation
Agility
Morphing
Workforce
5 Key Focus Areas...
© 2014, Future of Talent Institute
38-40 million fewer workers with a
college/postgraduate degree than needed.
13% more de...
© 2014, Future of Talent Institute
4
© 2014, Future of Talent Institute
5
© 2014, Future of Talent Institute
IPOs per year in the US
800
700
600
500
400
300
200
100
0
1980
1981
1982
1983
1984
1985...
© 2014, Future of Talent Institute
© 2014, Future of Talent Institute
Two-Thirds of Work is Done Outside of
Organisational Workspace
8
Corporate Office
35%
C...
© 2014, Future of Talent Institute
9
© 2014, Future of Talent Institute
The Augmented Individual
Internet &
software are
augmenting
the human
mind
The “Engine”...
© 2014, Future of Talent Institute
11
© 2014, Future of Talent Institute
12
© 2014, Future of Talent Institute
Social Power of
Automation & Robotics
-McKinsey Global Institute.
13
Capital is substit...
© 2014, Future of Talent Institute
14
What’s the
Probability
YOUR Job
will be
Automated?
HIGHLYLIKELYNOTLIKELY
© 2014, Future of Talent Institute
Ability to meet
client needs as
fast as (or faster
than)
expectations.
Systems built
fo...
© 2014, Future of Talent Institute
16
That Will Change Everything
© 2014, Future of Talent Institute
Social Media & mobile are key to candidate
awareness and engagement.
17
Instagram
Reddi...
© 2014, Future of Talent Institute
Co-Working Spaces
18
Massive Open Online Course
Augmenting Sourcing Referrals
© 2014, Future of Talent Institute
Employers will make decisions about
candidates based on everything about
them on the we...
© 2014, Future of Talent Institute
Candidates will Showcase Their Skills
20
© 2014, Future of Talent Institute
21
21stCenturyResume
© 2014, Future of Talent Institute
22
Redesigning Screening
© 2014, Future of Talent Institute
Assessment will go Automated
23
© 2014, Future of Talent Institute
Reinventing & Automating Relationship
24
© 2014, Future of Talent Institute
What’s Possible in 3-5 Years?
Aggregation and Intelligent analysis of multiple,
seeming...
© 2014, Future of Talent Institute
Sourcing & assessment will be
about drawing information
from candidate data26
© 2014, Future of Talent Institute
27
© 2014, Future of Talent Institute
Jobs that are DYNAMIC,
evolving, global and highly
varied.
© 2014, Future of Talent Institute
Typical Worker 2020-2024
Half of workforce is Gen Y. Typical workers is 35. Has never h...
© 2014, Future of Talent Institute
Typical Worker 2020-2024
• Cycles between projects & longer term contracts.
• Expects t...
© 2014, Future of Talent Institute
31
THANKS
YOUR THOUGHTS & QUESTIONS
Follow me on Twitter: @kwheeler
Follow ATC: @ATCEve...
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#ATC2014 Kevin Wheeler's Fearless Forecast- Workforce 2014 & Beyond

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Kevin Wheeler Founder & Director, Future of Talent Institute -
Improving economies, the dominance of social media, and new technologies are creating a tsunami of change that will make many recruiting skills obsolete in 2015. Learn which ones are losing importance, and get a glimpse of the skills required for the future of this industry. This presentation will leave you with food for thought on the following trends:
• The rise of social business;
• Everyone an entrepreneur;
• Deep, deep knowledge and big data;
• Co-creativity and innovation; and
• New definitions of prosperity and health.

You can see a graphic facilitation of Kevin's session on pinterest here http://bit.ly/1vDr2KG

Photos from the conference can be found here
http://bit.ly/1t3HAzv

Published in: Business, Technology
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#ATC2014 Kevin Wheeler's Fearless Forecast- Workforce 2014 & Beyond

  1. 1. © 2014, Future of Talent Institute ATC 2014 | Sydney Presented by Kevin Wheeler Fearless Forecast Workforce 2014 & Beyond
  2. 2. © 2014, Future of Talent Institute Data Analysis Capability Growth Automation Agility Morphing Workforce 5 Key Focus Areas 2
  3. 3. © 2014, Future of Talent Institute 38-40 million fewer workers with a college/postgraduate degree than needed. 13% more demand than supply. 45 million too few workers with secondary education. 15% fewer than needed. 90-95 million low-skill workers (without college or secondary education) than employers will need. 11% oversupply. State of Global Labour Supply 3 Source: http://www.mckinsey.com/insights/employment_and_growth/the_world_at_work
  4. 4. © 2014, Future of Talent Institute 4
  5. 5. © 2014, Future of Talent Institute 5
  6. 6. © 2014, Future of Talent Institute IPOs per year in the US 800 700 600 500 400 300 200 100 0 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
  7. 7. © 2014, Future of Talent Institute
  8. 8. © 2014, Future of Talent Institute Two-Thirds of Work is Done Outside of Organisational Workspace 8 Corporate Office 35% Co-Working/Cafe 35% At Home 35% Growth is here
  9. 9. © 2014, Future of Talent Institute 9
  10. 10. © 2014, Future of Talent Institute The Augmented Individual Internet & software are augmenting the human mind The “Engine” of the 21st Century 10 Fewer people, doing more, with less.
  11. 11. © 2014, Future of Talent Institute 11
  12. 12. © 2014, Future of Talent Institute 12
  13. 13. © 2014, Future of Talent Institute Social Power of Automation & Robotics -McKinsey Global Institute. 13 Capital is substituting for Labour
  14. 14. © 2014, Future of Talent Institute 14 What’s the Probability YOUR Job will be Automated? HIGHLYLIKELYNOTLIKELY
  15. 15. © 2014, Future of Talent Institute Ability to meet client needs as fast as (or faster than) expectations. Systems built for flexibility and quick change. Proactive sourcing – able to anticipate market direction. Capable of quickly assessing candidates through automated tools. Lower costs; remain profitable.
  16. 16. © 2014, Future of Talent Institute 16 That Will Change Everything
  17. 17. © 2014, Future of Talent Institute Social Media & mobile are key to candidate awareness and engagement. 17 Instagram Reddit LinkedIn Yammer Pinterest
  18. 18. © 2014, Future of Talent Institute Co-Working Spaces 18 Massive Open Online Course Augmenting Sourcing Referrals
  19. 19. © 2014, Future of Talent Institute Employers will make decisions about candidates based on everything about them on the web.
  20. 20. © 2014, Future of Talent Institute Candidates will Showcase Their Skills 20
  21. 21. © 2014, Future of Talent Institute 21 21stCenturyResume
  22. 22. © 2014, Future of Talent Institute 22 Redesigning Screening
  23. 23. © 2014, Future of Talent Institute Assessment will go Automated 23
  24. 24. © 2014, Future of Talent Institute Reinventing & Automating Relationship 24
  25. 25. © 2014, Future of Talent Institute What’s Possible in 3-5 Years? Aggregation and Intelligent analysis of multiple, seemingly unrelated datasets. Access to vast amounts of unstructured data. Ranking of quality/trustworthiness/and other factors based on recorded behaviors. Automation of sourcing, assessment and most engagement. Ability to prescribe who would best fit a need based on multiple past searches and probability analysis
  26. 26. © 2014, Future of Talent Institute Sourcing & assessment will be about drawing information from candidate data26
  27. 27. © 2014, Future of Talent Institute 27
  28. 28. © 2014, Future of Talent Institute Jobs that are DYNAMIC, evolving, global and highly varied.
  29. 29. © 2014, Future of Talent Institute Typical Worker 2020-2024 Half of workforce is Gen Y. Typical workers is 35. Has never had a “normal” job or has had one briefly. Assessed & valued by their network with strong social influence scores and endorsements. Finds work via skills marketplaces, peer networks, referrals, collaboration, social media. Recruiting is about matching, fit, “now needs,” “now fulfillment.” Mobile, wearable tools abound 29
  30. 30. © 2014, Future of Talent Institute Typical Worker 2020-2024 • Cycles between projects & longer term contracts. • Expects to be guided by process and goals, not a manager. • Self-learning dominates. • Measure of success is peer respect, goal achievement (performance), and flexibility. • Performance measured by social media, web presence, peer comments, analysis of work output. • Workplace may be anywhere - mobile/fixed/remote/virtual. 30
  31. 31. © 2014, Future of Talent Institute 31 THANKS YOUR THOUGHTS & QUESTIONS Follow me on Twitter: @kwheeler Follow ATC: @ATCEvent
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