The document discusses several topics related to the changing world of work: 1. Companies are focusing on hiring and retaining top talent while using strategies like outsourcing to reduce costs. The availability of qualified workers is decreasing while lifetimes in the workforce are increasing. 2. Individuals must continuously upgrade their skills to survive in the changing job market where short-term jobs are replacing long-term jobs and job-hopping is common. New opportunities are emerging due to social and business changes. 3. The document explains that unemployment is high even as skilled talent is in short supply, showing an imbalance in available jobs according to Bishop.

1. Researching Information
From a given set of Information

2. 1. Competing to hire the best and motivate
the rest
 Job hirer’s story
 HR practices / Business strategies to maintain ‘talent’ /
people
 Availability of existing & new Talent – in future higher
demand lower availability
 Life span demands a longer duration in work life
 Outsourcing to reduce costs

3. 2. How individuals can survive in the new
world of work
 Job seeker’s story
 Challenges in the job market
 Continuous upgradation of skills is required
 Job hoping to rise rather than continuing
 Fulfilling jobs are available instead of mundane ones
 Due to changing dynamics – social, business, health etc –
newer job opportunities are arising
 Short term versus long term jobs

4. 3. In the new world of work, unemployment is
high yet skilled and talented people are in
short supply. Matthew Bishop explains
 Imbalance of job distribution – across the world, across
economies, within a country

5. 4. The new world of work needs to be fair as well as
efficient
 Stress on the employment demands due to globalization – opening of
economies. Plus point of getting benefits but at some counts loosing
out too.
 Skills demand-supply management – countries loosing out as there
seems to be a mismatch between the education sector and industry.
(Special focus has been brought in India by businesses by initiating such
education programs or upskilling existing force
 Strong and stable govt policies to create positive environment for
business to expand, entrepreneurs to launch newer business models –
leading to more, newer jobs
 Balance of load the flexibility of the labour market – young vs
older, existing or non-existing flexibility, extent of flexibility

6. 5. Employers are getting free workers, interns
are getting a free education
 Pros and cons of Internship as a (work) culture.
 Is it pure learning for the intern or there much more too
it?
 Is it getting cheap labour for the organization?
 How many of the youngsters are actually able to take
this approach?

7. 6. Divisions are getting deeper
7. Policymakers can help create jobs, up to a
point
8. Job-hunting lessons for young Egyptians