| Are You Ready For The Changing Workplace?

Posted in Small Business at 2:00 PM by Loftis Consulting

It’s a turbulent time in the world, and nobody is quite sure which way a lot of factors will go, but one thing that is certain: the workplace is due to undergo an overhaul the likes of which haven’t been seen since the industrial revolution. Everything we thought about the workplace, what it means to work, and how we generate money are all subject to change in the next few decades. While not every change will be as rapid or sweeping that companies will be left instantly behind, it will pay to have some knowledge about what might happen in the not too distant future.










Source: Pexels.com

Computer Jobs

Automation is actually already being used in a pretty big way, but it’s set to become a much bigger player in the world of the workforce over the next decade. In fact, some researchers think that some 45% of American jobs might be taken by automated machines by the mid-2040s. This, of course, will be a dramatic change for millions of workers – but it’ll also spur on new industries and create new jobs. Whatever happens, it’s sure to inspire possibilities that have never existed before.

Changing Companies

The post-World War II world has been dominated by giant corporations, who have acquired most everything in their path on their way to corporate control. But with the rise of the internet, which has brought with it many small business opportunities, along with the urban trend of favoring independent stores, bars, and restaurants, there’s a possibility that the backbone of our economy is again with companies that aren’t quite as big as what has gone before. With innovation constantly erupting from more sources than ever and a changing workforce, you might find more people going it alone and setting up their own company.

Variable Working Week

Of all the things that have happened since the inception of the Internet, it is perhaps surprising that remote working hasn’t taken off quite to the extent as some people thought it would. This is because traditional companies’ value having their workers on site for a set number of hours, but the tide is due to change as the practices that define start up culture become more common. Alongside more people working wherever they want to work, it’s also extremely like that the traditional working week will be reduced to 4 days or 6 hours a day. This is already being tested in some companies across Europe, and the early results have shown it actually boosts productivity. In short, expect more flexible working conditions.









Source: Pixabay.com

Worker Rights

The ubiquity of the internet – and the data we put on there – means it’s more likely that workers will be subject to monitoring by the company they work for; not to see who went out on Friday night, but to check the overall fitness, welfare, and productivity of individual workers. It’s about analytics, which will in turn be used to boost the workforce in key areas that need development. Also, it’s almost certain that the retirement age will be significantly older than it currently is in the coming decade.


1 Comment

TrackBack URI

  1. […] should aim to boost productivity at every opportunity. That is how you will increase profits and ensure your company always evolves. The last thing you need is for the firm to stagnate when you’re just employed lots of workers, […]

    Pingback by Loftis Consulting Business Blog » Achieving Automation – How Your Company Could Benefit — April 5, 2017 #

Sorry, the comment form is closed at this time.

© Copyright 2003-2011. Loftis Consulting and Financial Management. All rights reserved. | Privacy Policy site by imediawerks