Skip to main content

Kacharagadla Featured Article

Hard Work Won't Make You Successful -- But Doing This Will

I don’t blame anyone who has become frustrated and disillusioned with the working world. It is a huge disappointment to grow up and realize that most of what we’ve been taught about how to be successful is bad advice. We were taught “Just work hard at whatever job you get, and things will work out.” That’s false. Working hard at your job does not get you much. When you work hard at a job where the boss doesn’t value your efforts, all your hard work gets you is taken for granted. Just working hard by itself will exhaust you and shorten your lifespan without any benefits to you. There has to be more to success than merely working hard, or millions of people around the world would be a lot more successful than they are! If you are at work right now, think about the investment of time and energy you are making. Imagine that you only went home to sleep for four hours a night, and gave up all the rest of your personal time to get more work done. Imagine that you practically lived at your de…

5 million jobs to be lost by 2020

We are seeing an era of unprecedented change in the way we work. Rapid advancements in the fields of technology, such as artificial intelligence and machine learning, and in how we create things, such as robotics, nanotechnology, 3D printing and biotechnology, will dramatically change the characteristics of the global workforce.

The Fourth Industrial Revolution is changing the workplace fast, and we will need to adapt our skills to be ready for it.
What will happen to jobs?
According to the Forum’s Future of Jobs report, some jobs will be wiped out, others will be in high demand, but all in all, around 5 million jobs will be lost.

Already jobs exist now that had never been heard of five years ago: the role of data scientist, which is in huge demand, is one example.

Other jobs will start to require skills not previously associated with them. Those working in sales or manufacturing, for instance, will need a better grasp of technology, thanks to the advent of the internet of things.

How can we prepare?
Everywhere we look, skillsets will need to be radically altered to keep pace with the changes taking place in the world of work. If businesses are to keep up with the disruption brought on by the Fourth Industrial Revolution, they will need to help their staff learn new skills.

The businesses that thrive will be those that put talent development at the centre of their operation. Using data analytics, HR functions will need to learn how to look ahead, analysing skills gaps and working out how to align their workforce to meet current and future challenges.

Workplace diversity will become even more important, and the shifting physical and organizational boundaries of the workplace will allow talent to be sourced globally – and remotely.

The pace of change of the Fourth Industrial Revolution will vastly outpace those that have gone before. The impacts are already being felt, and, according to this report, most drivers of change will be well embedded by 2020. The need for urgent action is clear.
content source: WEF 

Comments