The document discusses trends that will impact the future of work, including: 1) Population growth and urbanization will continue worldwide. 2) Work will become more collaborative and involve crowdsourcing as work becomes more complex. 3) Health and happiness will become new concepts of prosperity as dimensions of well-being expand beyond financial success.

1. THE FUTURE OF
WORK
Its impact on our
industry
Presented by Kevin Wheeler
European Job Board Summit
LONDON -November 2012

2. Rules of Business Have
Changed
Money Meaning
planful Opportunistic
Career Experience
Control Choice
Permanent Project work
work
© 2012, Future of Talent Institute 2

3. Trends in Population Growth
Worldwide
Population Increase and Growth Rate, Five-Year Periods
90 87 2
82
79 79 77
80 75 73
1.8
69
Percent increase per year
1.6
70
1.4
60
1.2
Millions
50
1
40
0.8
30
0.6
20 0.4
10 0.2
0 0
1980- 1985- 1990- 1995- 2000- 2005- 2010- 2015-
1985 1990 1995 2000 2005 2010 2015 2020
Net population added per year Annual population growth rate
Source: United Nations, World Population Prospects: The 2002 Revision (medium scenario), 2003.

4. Urban Population will Grow
Millions
5000
4000
Urban
3000
Rural
2000
1000
0
2000 2010 2020
Source: UN Population Forecast, 2001 revision

5. Two Worlds Colliding
Traditionalist Free Agent
• Security • Choice
• Career path • Flexibility
• Predictable • Opportunity
• Pay for
income
performance
• Camaraderie

6. ed
ploy
Big Trend
GUIDING PRINCIPLE:
em !
Deliberate CHOICE ill io n un 5 to 24
1
1
rather than social 75 m aged
th
pressure. you
of doi
ng 12.7% of Youth Unemployed
Integ ration d fulfilling Globally!
ou fin
what y ncept of
y HIGH
OW & ver
o
- new c y.
prospe
rit Very L
Levels!
Education
Rise of Career Mosaics!
Everyone an entrepreneur
s hip
ner
ow
me
Fewer ma ho
s
rriages, F
e wer kids Les
More free time
Work/Lif
e/Play inte
rtwined
© 2012, Future of Talent Institute 6

7. Job Security is YOU
“. . the new job security is alive and well
and centered in you, not in a company.”
-The New Job Security, Pam Lassiter
REAL Stability/
security comes from
-broad Education
- many diverse skills
- flexibility
- change competence
© 2012, Future of Talent Institute 7

8. Big Trend
2 Collaboration
or crowdsourcing
– Work is more complex, ambiguous,
and multicultural work
– Harder to find scarce talent
– Harder to screen talent
– Demand for greater innovation
– No answers apparent for many
issues
© 2012, Future of Talent Institute 8

9. Collaborating to Find
Talent
• Candidates source Candidates
• Employees source Candidates
– Referral networks
• Online communities
• Twitter & other social media
• Social tools: find.ly
© 2012, Future of Talent Institute 9

10. Health & Happiness
New concepts of prosperity and
success
Dimensions of Health
Big Trend
3 © 2012, Future of Talent Institute 10

11. ©
2010,
Future
of
Talent
Ins7tute
11

12. © 2012, Future of Talent Institute 12

13. © 2012, Future of Talent Institute 13

14. © 2012, Future of Talent Institute 14

15. From words to context
Beyond WoRDS
Video, Texting, IM, Twitter
Changing nature of communication
Shift away from lengthy discourse
“People of the Screen”
tagram
Tub e, Ins
ou
Big Trend lix, Y
es: Netf
m inat
ges do
4 Video
/Ima
© 2012, Future of Talent Institute 15

16. 2013 and
beyond?
© 2012, Future of Talent Institute 16

17. DOMINANCE OF
SOURCING
ASSESSMENT
ENGAGEMENT
RELATIONSHIP
EDUCATION
MARKETING
© 2012, Future of Talent Institute 17

18. Focus on:
Social influence scores will be important
© 2012, Future of Talent Institute 18

19. Huge shift to virtual/mobile-
based recruiting tools and
processes
cloud
APPS
ASSESSMENT
MESSAGING
VIDEO
MARKETING
© 2012, Future of Talent Institute 19

20. Rise of Global RPO
More recruiting will be outsourced as corporations
contain costs, drive QUALITY, and decrease in size.
CORP
Agencies, Consultants Coordinators &
STRATEGIC
RECRUITERS
RPO & Specialized Services
© 2012, Future of Talent Institute 20

21. Use of Simulations & gaming
© 2012, Future of Talent Institute
21

22. Move away from detailed/Text-
based job descriptions
© 2012, Future of Talent Institute 22

23. Job boards?
• Evolve to engagement platforms,
social networks.
• Leverage video, real-time
communications.
• Screen & assess
– using gaming and simulations.
©
2010,
Future
of
Talent
Ins7tute
23

24. • Perhaps offer immersive experiences.
• Coach & guide candidates
• suggest candidates and managers
– via smarter analysis & crowdsourcing
©
2010,
Future
of
Talent
Ins7tute
24

25. Thanks!
kwheeler@futureoftalent.org
www.futureoftalent.org
© 2012, Future of Talent Institute 25