Exponential change – a tidal wave

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According to latest BCG research Twelve Forces That Will Radically Change How Organizations Work we are „facing a tidal wave of change“:

In an age of rapidly evolving technologies, business models, demographics, and even workplace attitudes — all shifting concurrently —change is not only constant but also exponential in its pace and scope. Companies from startups and online businesses to incumbents in all industries will experience the effects in far-reaching and transformational ways.

Changes on demand side for talent:

  • Technological and digital productivity: automation, big data and advanced analytics, and access to information and ideas
  • Shifts in ways of generating business value: simplicity in complexity, agility and innovation, and new customer strategy

Changes on supply side for talent:

  • Shifts in resource distribution: a new demographic mix, skill imbalances, and shifting geopolitical and economic power
  • Changing workforce cultures and values: diversity and inclusion, individualism and entrepreneurship, and well-being and purpose

Check out more interesting read.

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