Technology, innovation, advances in science, re-organizing organizational structures and the work space, the massive progress in communication, the development beyond imagination of the power of the internet – all these are altering and transforming the future of work and are having a massive impact on the way people and companies look at and conduct business.
Take a look at the new office spaces which are being designed to provide inspiration, motivation, ease of use and access, along with comfortable, semi-formal work stations, relaxation hubs, gyms and eateries. You have cleaning services, housekeeping, security, entertainment & relaxation, all being provided by automated means. The new workforce has a different set of expectations from the workplace and they are making sure that they get what they want.
Uses technology to do everything
The knowledge society that we live in uses technology to do everything – learn, teach, apply, connect, and work. It is working at a far quicker pace than before and the workforce is no longer constrained by limitations of time, space and location. They can work anywhere, at any time and can communicate instantly with people across the world through the use of advanced technology.
It is predicted that by 2020, half the workforce will be millennials who want to make a difference through their work, who want to impact the world around them in a meaningful manner. They are focused, highly skilled and look for recognition and appreciation. They set the standards for what they want and they inculcate this principle in those working for them.
To get the best from millennials
In order to get the best from millennials, companies and managers need to give them what they are looking for – primarily, trust, independence, engagement, communication – they desire to feel empowered and in command of their work. Technology allows organizations to keep in touch with remote workers.
In turn millennials work in a more productive and efficient manner because they know that they are trusted to do their work properly and are not being monitored by their bosses all the time. The company wants results, sitting in office 9-5 is thus no longer necessary. Workers get evaluated on their performance, not on the number of hours they stay at their work station.
The new technology has made it easy for the concept of the workplace to change – from a desk in the office to a café or home or even in a park – i.e. anywhere the worker feels comfortable enough to perform his job, with flexible working hours. As long as there is an internet connection and a laptop/smartphone, anyplace becomes the workspace.
Without having to invest in real estate for offices
Thanks to this, companies can operate with large global work forces without having to invest in real estate for offices or personal spaces for its workers. This has made it possible to expand businesses. Shared work-spaces have already become a reality. Companies can access the best talent they require from across the world. And in their turn can offer advantages of time, money, freedom of performance, choice of location to their work force.
Innovations in the way organizations operate are thus impacting the future of work in a major way. There is greater freedom, greater flexibility, greater trust and more ease of operation where it is a workers’ market and not the employers’ as it has traditionally been.