BusinessThe Future of Work: The Changing Face of

THE FUTURE OF WORK: THE CHANGING FACE OF BUSINESS

As the end of my school career looms, I embrace the opportunity to take my study of Business and Economics to an even higher level whilst at University, but there is always that slight niggle in the back of my mind that this whole “process” will need to culminate in some form of paid work.

The good news, if I can believe what the World Economic Forum has to say on the matter, is that “Office and administrative functions, along with manufacturing and production roles will see dramatic declines accounting for over six million roles over the next four years. Conversely, business and financial operations along with computer and mathematical functions will see steep rises.” However, what I face is a very different way of working than that experienced by older generations. For example, a lifetime’s work at the same company, slowly but surely climbing the ladder is definitely a thing of the past. Recently I considered what Microsoft has to say on the matter of future work - “[we will need to be] Responsive, Adaptive and Always Learning.” New companies will be built to be mobile from the start and yes, the possibilities to work remotely could be the norm. Forget the rigid corporate ladder –now the corporate lattice allows freeflowing ideas and career paths. So thankfully the way in which the field is working all seems more relaxed, with more freedom than just a few years ago, but there is still the expectation to be “always on, always responsive and always available.” [Jared Lindzon] No doubt, technology will continue to drive rapid change in the workplace which is being referred to as the fourth industrial revolution. So what does this mean for me and the business knowledge I will need to succeed? Most immediately, it’s going to be crucial to be able to collaborate with people remotely as well as face-to-face, to communicate across a wide array of digital channels and also to lead, whether that’s a team working across a digital platform, or with teams who come together to deliver specific projects. This is an exciting time as change is constantly happening and it’s estimated that some 65% of children entering primary school today will likely work in roles which don’t currently exist (World Economic Forum). Preparing for a fast moving business environment where digital business has removed many of the barriers to setting up new companies will mean thinking differently is where success lies. Clara E (Upper Sixth)

65% OF CHILDREN ENTERING PRIMARY SCHOOL TODAY WILL LIKELY WORK IN ROLES WHICH DON’T CURRENT LY EXIST.

[World Economic Forum]