The document discusses 3 potential futures for how companies will manage their workforces and the role of HR in the 21st century. In the first scenario "Corporate is King", the CPO becomes influential using data and metrics to strategically manage talent. In the "Companies Care" scenario, the CEO and Head of People and Society ensure the company's social responsibility agenda is driven throughout the workforce. The third "Small is Beautiful" scenario sees a shift to networked local businesses where a People Sourcing Director manages flexible workforce sourcing. The rest of the document discusses challenges for HR and strategies to increase productivity of knowledge workers.