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Future Work - Delivering Through Diversity
Peter Cosgrove 21st January 2015
SKILL SHORTAGES
MILLENNIALS
FUTURE BRAND
FUTURE WORKPLACE
Ref: Denis Pennell
Not only are we aging, there workforce will live longer – a person in Ireland or the UK born today has a 50% chance of living to 100
“There will be a global shortfall of 16 – 18 million college educated workers by 2020”
Women taking over the world
But not now…
LAND
CAPITAL
RAW MATERIALS
Companies used to be powerful only if they had…
People drive business, revenue and innovation – why would not choose from 100% of the population?
SKILL SHORTAGES
MILLENNIALS
FUTURE BRAND
FUTURE WORKPLACE
Millennials
75% of the workforce will be a millennial by 2025 (that is someone born between 1980 and 2000)
Millennials
76% engagement in diverse companies
vs
24% in weak diversity climate
Millennials want engagement, better technology and importantly a diverse workforce
Millennials
Millennials want collaborative workforces -Women on boards will help with less Groupthink, fresh perspectives and better understanding
More technology platforms are in place to aid a collaborative workforce
Millennials are the future, they are collaborative and will demand a diverse workforce
SKILL SHORTAGES
MILLENNIALS
FUTURE BRAND
FUTURE WORKPLACE
ADVERTS RECOMMENDATIONS
15%76% Your brand is driven by
what your people say about you – much of that is online, women share 40% more online
Women own 85% of all consumer purchasing decisions
Millennials
brend
Millennials
Your leader will be expected to share the views of his organisation – not the other way around
Your brand is your people, what they say about you and share about online is crucial, women share more and own more of the spending
SKILL SHORTAGES
MILLENNIALS
FUTURE BRAND
FUTURE WORKPLACE
47% home-working80 million real estate savings
Revenue increaseof 185%
Huge focus of productivity over presenteeism in the future workplace
Khadijah Niazi (child genius)– access to online education tools such as MOOCS will open up education to millions
There will be less restrictions and more freedom about where we work – it will be much more about what we do
CHALLENGES &
POTENTIAL SOLUTIONS
Anecdotally, women less focused on networking than men, it needs to be sold as a way to tap int the information of others
In 2011 Scientists turned to gamification as a last ditch effort to solve the structure of the protein that causes AIDS in rhesus monkeys. Within ten days FoldItplayers were able to solve a puzzle that had frustrated researchers for ten years
