The concept of dynamic work is a new way of thinking about an agile and flexible global workforce. It’s a framework that enables companies to hire talent, regardless of location, making office spaces needs-based rather than required.
It also provides employees with the flexibility to work from anywhere and provides employees with comparable benefits, flexible schedules, and work environments regardless of their location. Like distributed work, it supports employees with the necessary technology and infrastructure and provides options for healthcare that works best for them wherever they are.
Step back and look at the changing world-of-work and you’ll see that macroeconomic, generational and technology trends are quickly changing the traditional concept of the way we work.
- Migration from Expensive Cities: Housing costs continue to rise in cities around the world as they become denser in population, but salaries are not growing at the same rates. As a result, people are moving further away from urban office locations so they can afford to live near the company they work for. By breaking the norm of hiring talent where office locations are, companies can hire talent anywhere while enabling them to reside in talent markets globally.
- Generational Trends: By 2025, Generation Z and Millennials are forecast to represent 75% of the global workforce and expect technology to work for and support them 24/7/365 wherever they are.
- Every Company is Essentially Becoming a Technology Company: As organizations digitally transform to remain competitive and provide the experiences their employees and customers expect, they are implementing and building technology to enable them to be successful from anywhere in the world.
- The New Experiential Workplace: Similar to how retail stores have become places to go to try out products and interact with employees, offices will soon function in a similar way. The spaces will provide customers and employees with a coworking place to connect and work from WHEN they are needed without requiring a regular in-office schedule.
- The focus of employment is changing from “WHERE are we going to work?” to “HOW we are going to work?”. The new workforce will feature virtual workplace accessibility, asynchronous communication (send a message without expecting an immediate response) and results-based performance tracking.
Essentially what is evolving is an Agile workforce as a collection of specific kinds of specialized talent and organized under a work architecture that integrates work execution with access to skills and expertise that may reside inside the organization or outside of it and made up of smaller, cross-functional teams, reducing bureaucracy to get work done faster.
Because of this shift to an Agile work force, the Bureau of Labor Statistics expects workers to have 12 or more jobs between the ages of 18 and 52 and with longer life expectancies, the traditional retirement age of 65 may not apply anymore.
With 30 – 40 million people unemployed resulting from the pandemic, there will be also more competition for jobs. NOW is the time to make sure you’ve got a strong on-line personal brand, a quality, up-to-date website and a digital on-line portfolio that demonstrates what you can do that is remarkable and marketable.