THE NEW WORLD OF WORK FOR PAY.

Transcription

1 THE NEW WORLD OF WORK FOR PAY.. IT ISN T ALL ABOUT JOBS ANYMORE. Copyright George H. Schofield, Ph.D. A BRIEF HISTORY OF WORK FOR PAY FEUDAL ERA INDUSTRIAL REVOLUTION ERA POST-WW II JOBS ERA CURRENT DISCONTINUOUS ERA Copyright George H. Schofield, PhD and Nikolas Badminton Ph.D. February, group.com FEUDAL ERA Feudalism : legal and military customs medieval Europe that flourished between the 9th and 15th centuries a way of structuring society NEW around relationships FREEDOM derived from the holding of land in exchange for service or labor. Copyright George H. Schofield, PhD Copyright and Nikolas George Badminton H. Schofield, Ph.D. group.com 1

2 INDUSTRIAL REVOLUTION ERA From about 1760 to between 1820 and This transition included going From hand production methods to machines, new chemical manufacturing and iron production processes, improved efficiency of water power, the increasing use of steam power, the development of machine tools and the rise of the factory system. Unprecedented sustained growth. Standard of living for the general population began to increase for the first time in history. Jobs were exchange of time/skill/output/ reliability in exchange for compensation. POST-WW II JOBS ERA Pent up consumer demand Growth of the Consumer/Middle Class Post Great Depression and post WWII desire for stability Boom in consumer goods Boom in consumerism Majority of workers hold white collar jobs tied to goods and services (more white collar jobs than blue collar) Employer/Employee identity and loyalty Copyright George H. Schofield, PhD and Nikolas Badminton Copyright George H. Schofield, Ph.D. January 2014 CONTENT OF WORK WILL CHANGE. CONFIGURATION OF WORK WILL TOO. CONTINUOUS CHANGE THE DIFFERENCES BETWEEN DATA AND KNOWLEDGE CONTENT OF WORK BLEND OF HUMAN AND ARTIFICIAL INTELLIGENCE AND TECHNOLOGIES AGE AND DISTRIBUTION OF THE WORK FORCE DISCONTINUOUS CHANGE CONFIGURATION OF WORK SHELF LIFE AND VALUE OF EXPERTISE PLANNING HORIZONS SHELF LIFE OF PRODUCTS, SERVICES AND BUSINESSES POTENTIAL LIFE SPAN INCREASES Copyright George H. Schofield, Ph.D. January

3 STATISTICS THAT SHOULD BE GRABBING OUR ATTENTION WORK 5.6 million job openings (US Dept. of Labor) 53.7 million people have done freelance work in the past year (US DoL) 20 million people are going to college Among those age 70 and older 31% of men and 46% of women are working part time.(census Bureau) THE REMAINDER OF LIFE 25% of divorces now involve people over age 50 (National Center for Family and Marriage) 50% of the increase in consumer spending in the next 15 years will be driven by people over 65 A male born in the early 1900s was expected to reach his 60s, while a male born in 2005 was projected to make it to age 74, but, it is argued projections don't take into account the likelihood that current advances in biomedical technology could lengthen lifespans. Copyright George H. Schofield, Copyright PhD and Nikolas George Badminton H. Schofield, Ph.D. January group.com HUGE DISCONTINUOUS CHANGE: REVOLUTION IN LIFE SPANS, NEEDS, IDENTITY, AND EXPECTATIONS Birth To Retirement To Death Extended Middle Age With Compressed Morbidity At The End Copyright George H. Schofield, Copyright PhD and George Nikolas H. Badminton Schofield, Ph.D. January group.com CURRENT DISCONTINUOUS ERA: JOBS, ENTREPRENEURS, FREELANCE, PROJECT WORK, MORE THAN ONE AT A TIME Speed of change Shift of worker loyalties Downsizing of middle management Preference for alternative work styles Cost benefits of project work for employers Extended life spans and financial/engagement needs Copyright George H. Schofield, Ph.D. January

4 THE NETWORKED BUSINESS ERA + Copyright George H. Schofield, Copyright PhD and Nikolas George Badminton H. Schofield, Ph.D. January group.com Learn how to see. Realize that everything connects to everything else. Leonardo da Vinci Copyright George H. Schofield, PhD and Nikolas Badminton pyright George H. Schofield, PhD and Nikolas Badminton group.com 4

5 Mobile is eating the world. Benedict Evans, Andreessen Horowitz hofield, PhD and Nikolas Badminton group.com MOBILE LEVERAGE LEADS TO INCREASED SOPHISTICATION AND SCALE 2 to 3x more smartphones than PCs by 2020 X Personal Taken everywhere Frictionless access Sensors, cameras Location Payment Social platform Much easier to use = 10X the opportunity Source: is eating the world Many industry watchers believe the phenomenon combining real time data, mobile payments, instant gratification and dynamic pricing is the beginning of a technologically driven economic shift, an on demand revolution that will Uberize the entire economy. Huffington Post Source: uber of everything_n_ html 5

6 WHAT DOES THIS ALL MEAN FOR VOCATIONAL EXPERTS AND FORENSICS? WE DON T HAVE THE RELIABLE DATA WE NEED A GROWING PORTION OF WORK FOR PAY WILL BE INCREASINGLY DYNAMIC, PORTABLE, DRIVEN BY TECHNOLOGIES, PROJECT-BASED, AND PART TIME ASSESSMENT AND PREDICTION WILL BE BOTH MORE COMPLEX AND MORE DIFFICULT THE POOL OF PEOPLE TO ASSESS WILL GROW OUR MODEL WILL HAVE TO CHANGE AND BE UPDATED REGULARLY Copyright George H. Schofield, PhD and Nikolas Badminton Ph.D. February, group.com THANK YOU! 6