1. Traditional /past Current/modern Future Manufacturing &
service economy Green economy Green economy emphasis and Geo
Engineering
2. Green economy is the one that results in improved human
well-being and social equity, while significantly reducing
environmental risks and ecological scarcities. (UNEP,2012) income
and employment is driven by public and private green investments
Businesses that produce green goods or servicesEnergy from
renewable sources. Energy-efficiency equipment, appliances,
buildings and vehicles, and goods and services that improve the
energy efficiency of buildings etc Pollution reduction and removal,
greenhouse gas reduction, and recycling and reuse. Organic
agriculture; sustainable forestry; and soil, water, and wildlife
conservation. Government and regulatory administration; and
education, training, and advocacy related to green technologies and
practices
3. Geoengineering is the intentional large-scale manipulation
of the global environment with the primary intention of reducing
undesired climatic change caused by human influences (David W.
Keith, 2000). Major environmental concern- global warming Reduction
of CO2 Carbon burial Ocean fertilization Scattering solar radiation
Stratospheric sulfur injection Cloud whitening
4. IMPLICATIONS More the greener the industry, the higher the
job growth rate in function of transit, water and sewage systems,
and waste management services (E. Pollack, 2012) For every
percentage-point increase in the green intensity of the industry
there is an associated 0.034 percentage point increase in the
annual employment growth in the industry over the last decade (95
percent significance). More the states green intensity more it can
recover from the recent recession.
5. Similarly when geo engineering becomes the need of era,
there can be associated growth in manufacturing and service sectors
aiding the same. Increase in agricultural productivity may revamp
the primary sector
6. Performance of the systems may become ineffective,
unpredictable or unstable as a result of external events
potentially leading to profound and unpredictable disruption to the
climate system So, researches to create efficient systems with
minimal failure rate should be done The Geoengineering techniques
may be vulnerable if switched off or deliberately destroyed. Anyone
capable of exerting such power may seek to abuse it for commercial
gain, military advantage or simple terrorism. so, there is a need
for development of technology to create security for these
techniques
7. Traditional /past Sustained innovation Current/modern
Disruptive Innovation Future Green innovation
8. GREEN INNOVATION-The new or modified processes, techniques,
practices, systems and products to avoid or reduce environmental
harms (Beise and Rennings, 2005). Includes changes in the product
portfolios or in the production processes that has to do with waste
management, eco-efficiency, reduction of the emissions, recycling,
eco-design or any other action implemented to reduce their
environmental footprint. Green innovation is the key and the
driving force for green development and transition(BAI Chunli,
2012)
9. GREEN INNOVATION incremental innovation of individual
technologies, techniques, products and processes large-scale,
radical and systematic innovation in an integrated, overall and
in-depth way offering support with end-of-pipe solutions providing
backing to a scheme to control a full life-cycle process covering
production and consumption; technological innovation to a
multi-dimensional approach (that includes technology innovation and
to integrate innovation in overall social structure, organization
and institutions, and even culture.
10. IMPLICATIONS Promotes sustainable development creates new
and more vibrant economies based on clean technologies
Organizations need to define what "innovation" means in their
environment. Insufficient skills for employees innovate green
products Equip employees with green technologies and promote green
technology favored environment. Since green innovation becomes a
necessity of era, Organizations will have to create the culture for
consistent innovations and reduce the ad hoc approach to
innovations.
11. PAST CURRENT Male dominated Gender equal FUTURE Female
dominated She-conomy
12. Women in much of Asia and Latin America are achieving
higher levels of education than men. According to analysis by Booz
& Company, 870 million global women who have not previously
participated in the mainstream economy will gain employment or
start their own businesses by 2020.- mainly from non-industrialized
countries, while roughly 42 million will come from North America,
Western Europe and Japan. The gender gap in earnings will narrow
over the decade, approaching parity by 2020.
13. Women will overcome the legal and traditional barriers that
have historically prevented them from participating in some regions
using virtual, mobile and internet technologies to run their
businesses The growing number of women who hold college degrees and
have attained influential positions Women attain leadership
positions and societies throughout the world. Women seem to be
making inroads into top management in the developing economies
(AICPA,2012)
14. IMPLICATIONS National development will take a faster pace
(a significant correlation between a higher level of female
literacy and more robust GDP growth (AICPA,2012)) Standard of
living will increase Possibility that the most talented women in
business often avoid corporate life in favor of entrepreneurial
careers (Judith G. Oakley,2000), so creating more job
opportunities. Demands for work-life balance become fierce,
emphasis should be on creating women friendly work environment-
flexi work schedules.
15. Traditional /past Current/modern Labour intensive Labour
less Future Robotics
16. Robotics is the branch of technology that deals with the
design, construction, operation, and application of robots, as well
as computer systems for their control, sensory feedback, and
information processing. (Wikipedia)
17. USES OF ROBOTS(PRESENT) Assembly and finishing Movement of
materials/objects Performing in hazardous conditions The most
common present applications of robots is welding, in fact a quarter
of today's robots are used for such applications. FUTURE PROSPECTS
Service robots are expected to surpass the industrial robots. Any
fields that are lacking workers. in law enforcement and security.
Future robots could also be as small as a computer chip and
inserted into appliances such as vacuum cleaners.
18. IMPLICATIONS SMART Factory Concept Improved efficiency of
operations Reduced wastage of resources/optimum usage of resources
Production cost decreases Save labour Safety and security needs in
organisation reduces Competition increases, so subsequent product
lines become available to customers. Consistency in work and
standardisation Unemployment rate will rise, so subsequent
redeployment of human resource is necessary E-wastage increases, so
researches emphasizing on e waste management should be accelerated.
Cost of maintenance may increase Over dependence on machines
19. PAST Stationary Workforce CURRENT Workforce Mobility FUTURE
Virtual mobility (Mobility without moves)
20. Virtual mobility- Mobility without moves (PWC, 2012) Many
of the new approaches to global mobility have an element in common
the lack of relocation. Organisations are questioning whether, in
this connected society, theres a pressing need for a worker to
physically relocate for their work Assignees (in the traditional
sense) represent 1% of the global workforce, but our latest figures
suggest that mobile workers, encompassing these new forms of
non-traditional movement, account for between 7% and 8% of the
working population.
21. IMPLICATIONS Mobility opportunities are now recognized as a
key element in talent retention. Virtual mobility takes away that
chance. So, talent management becomes more crucial Organisations
need to be updated with high end technologies
22. Traditional /past Current/modern future IQ SQ & AQ
EQ
23. Dr. Paul Stoltz defines Adversity Quotient as the capacity
of the person to deal with the adversities of his life. As such, it
is the science of human resilience. For many years, researchers
have devoted a great deal of their studies to Intelligence Quotient
(IQ) and Emotional Quotient (EQ), which are considered to be
determinants of success and superior accomplishment. In fact, more
researches recently have shown that measurement of AQ is a better
index in achieving success than IQ, education or even social
skills.)
24. Four dimensions to measure the AQ of an Individual.
Control, Origin and ownership, Reach, Endurance
25. IMPLICATIONS Since AQ matters, organisations and
individuals need to compete to attain higher AQ Development
programmes need to concentrate on developing AQ
26. Traditional /past Linear career growth Current/modern
Exponential linear growth Future Concurrent &/sequential
career
27. Whereas a career comprises the work activities that can be
identified with a particular job or profession, having multiple
careers is the growing trend in the late 20th century and early
21st century. These multiple careers can either be concurrent
(where a worker has two simultaneous careers) or sequential (where
a worker adopts a new career after having worked for some time in
another career). Both may occur for different reasons.
28. PAST CURRENT FUTURE Full time employment part time
employment Multiple job holders
29. A multiple jobholder is defined as an individual who
responds affirmatively to the initial question stated earlier and
(1) had a job as a wage and salary worker with two or more
employers, (2) combined a wage and salary job with
self-employment
30. Traditional /past EMPLOYEES Current/modern INTRAPREUNEU RS
Future ENTREPEUNEUR S
31. IMPLICATIONS Economic growth rate will increase Employment
opportunities will increase Increased competition and subsequent
value increase for customers No human resources to work for an
organisation(mainly management level),
32. REFERENCES E. Pollack, Counting Up To Green: Assessing The
Green Economy And Its Implications For Growth And Equity, 2012,
Economic Policy Institute Judith G. Oakley, Gender-based Barriers
to Senior Management Positions: Understanding the Scarcity of
Female CEOs, Journal of Business Ethics October 2000, Volume 27,
Issue 4, pp 321-334 Green economy, United Nations Environment
Programme,2012,
http://www.unep.org/greeneconomy/AboutGEI/WhatisGEI/tabid/29784/Default.
aspx retrieved on 2/01/14 Michael Stanleigh, 7 Key Trends in
Innovation, Business Improvement Architects ,
http://www.bia.ca/articles/7KeyTrendsinInnovation.htm Sarah
Huggett, The bibliometrics of the developing world,2013
http://www.researchtrends.com/issue-35-december-2013/the-bibliometricsof-the-developing-world/
AICPA,The World in 2025: Social Trends, 2014,
33. Jeanne Meister, Job Hopping Is the 'New Normal' for
Millennials: Three Ways to Prevent a Human Resource Nightmare,
2012,
http://www.forbes.com/sites/jeannemeister/2012/08/14/job-hopping-is-the-newnormal-for-millennials-three-ways-to-prevent-a-human-resource-nightmare/2/
^ United States Government Accountability Office (GAO) (July 2011)
(PDF). Climate Engineering: Technical Status, Future Directions,
and Potential Responses(Report). Center for Science, Technology,
and Engineering. p. 3. Royal Society (September 2009) (PDF).
Geoengineering the Climate: Science, Governance and
Uncertainty(Report). p. 1. ISBN 978-0-85403-7735. David W. Keith,
Geoengineering , Oxford University Press , February, 2000.
34. Beise, M., and K. Rennings (2005): Lead markets and
regulation: a framework for analyzing the international di usion of
environmental innovations," Ecological economics, 52(1), 5{17. BAI
Chunli, Leading Chinas Sustainable Development by Meeting Global
Challenges and Achieving Green Innovation, Bulletin of the Chinese
Academy of Sciences, Vol.26 No.3 2012 PWC,Talent mobility 2020 and
beyond,2012