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Here is the Power Point for Val Lougheed's Labour Market Trends workshop at the JSW Conference on Jan. 27th, 2010.
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Staying Ahead of Labour Market Trends
Northern Lights Canada
BRIDGES TO SUCCESSJSW Conference 2010
Resilience, Recognition, and Success
“Y” this talk now?“Y” this talk now?
• The world is flat
• The Economy and the
Labour Market
• BRICA
• The Future of Work• Wherever we go, there we are
Workshop ObjectivesWorkshop Objectives
• Inform
– About Labour Market Trends
• Understand
– Why such trends are happening
• Position
– Ourselves and our clients correctly
in order to stay ahead of trends
SourcesSources
• Books
• Newspapers
• Magazines (mostly stolen)
• Colleagues
• My kids
► Resilience The positive ability to adapt to the consequences of a ‘catastrophy’.
► RecognitionThe ability to recognize what is known.
► SuccessThe achievement of an objective/goal.
Wikipedia, 2010
Resilience►You can discover most of what you need to know…
Recognition►…by simply noticing the nature of the changes taking place.
Success►The trick then lies in learning how to take advantage of these changes.
Campbell, C., 1998
Getting the most from this workshopGetting the most
from this workshop
• Pick one strategy
• Use it next week at work
Value of Your Honourable Work
Value of Your Honourable Work
• You witness people facing life-
altering challenges
• You participate in their making
major changes in their lives
• You help people
Understanding the Labour Market System
Understanding the Labour Market System
Perlmutter & Trist, 1986Senge, 1990
Systems Explained
made up of individual, interrelated parts
causes its own behaviour
Senge, 1990
CultureCulture
The world is flat.
Friedman, 2006
Change is like a bulldozer sweeping the landscape, and those who don’t change are going to be flattened!
Dr. Tomorrow(Frank Ogden)
Toronto Star, July 2008
Reuters.com, May 2009
Canadian Business
Nov. 9, 2009
April 2008
April 2009
Calgary SunDec. 2, 2009
Calgary SunNov. 22, 2009
Globe Life
Nov. 2009
“The Global Village”
Marshall McLuhan
Culture – The World is FlatCulture – The World is FlatFlatteners• Nov. 9, 1989 (11/9) – The Berlin Wall
came down• 1990’s
The Internet & The World Wide Web Work-flow SoftwareUploading – Harnessing the power of
communitiesOutsourcing
• 2001 – Offshoring
Speed
“I have a microwave fireplace. You can lay down in front of the fire all night in eight minutes.”
Steven Wright
Culture – The World is FlatCulture – The World is Flat
Flatteners
• 2000’s Supply-Chaining Insourcing In-Forming The Steroids
Time
June 15, 2009
Vanity Fair
Nov. 2009
Managing Me, Inc.
I was going to buy a copy of The Power of Positive Thinking, and then I thought:
What the hell good would that do?”
BenefitsCanada.com
Nov. 16, 2009
• what we do
• beliefs
• language
• traditions
Culture Unspoken but shared assumptions that guide the daily behaviour of people.
Clemmens-Rumizen, 2002
Culture – The World is FlatCulture – The World is Flat
List five words or phrases that
define our current culture
Macro
Economy &Government
BRICA & NY*LON*KONG
Macro – Evolution of The Economy
Macro – Evolution of The Economy
Beck, 1995; HRDC, 1994; Pritchett, 1996
Macro – Evolution of WorkMacro – Evolution of Work
Beck, 1995; HRDC, 1994; Pritchett, 1996
My dog is worried about the economy because Alpo is up to $.99 a can now. That’s about $7 in dog money.
Joe Weinstein
Calgary Sun, Oct. 2007
Calgary Sun, Jan. 2008
Nightmare on Wall Street!
Calgary Sun, Jan. 2008
Calgary Sun
Mar. 2008
National Post
Feb. 2008
Calgary Sun
March 2008
Calgary Sun
Mar. 2008
Calgary Herald
Mar. 2008
Sub-Prime MeltdownSub-Prime Meltdown
• NINJA mortgages• Canada Bank Act
• Sub-prime mortgages –
Canada – 5%
US – 1 out of every 4 or 5
Holt, 2007, p. 64
Toronto Star
Jul. 2008
National Post
Sep. 2008
Calgary Sun
Oct. 2008
Calgary Sun Oct. 2008
Global Economy – (2004 – 2007)Global Economy – (2004 – 2007)
+
• US – 10% of global growth
• BRICA – 50% (Brazil, Russia, India, China plus large
Middle East oil producers)
-• US purchases 25% of Canada’s gross domestic product
• 80%+ of Canada’s exports US
Hodgson, 2007, p. 66Buchanan, 2007, p. 66
Calgary Sun
Jan. 2008
Jan. 2008
Globe & Mail
Nov. 12, 2009
Canadian Economy “Robust”Canadian Economy “Robust”
• Solid growth in incomes
• Resilience of Central Canada (in light of US sub-
prime meltdown)
• Western Canada – AB & BC
• Employment rate – all time high
• Unemployment rate – 33 year low (5.9%)
• Strong consumption growth
• Will be able to withstand US problems.
Hodgson, 2007, p. 67-68
“Absence of evidence is not evidence of absence.”
Wolf, 2007, p. 62
Calgary Sun
Mar. 2008
Potential RiskPotential Risk
• Backlash against globalization+
• Lost manufacturing jobs+
• Homeland security worries+
• Efforts not well-received abroad+
• Illegal immigration
Could lead to Isolationism & Protectionism
Bremmer, 2007, p. 68-72
US recession Geopolitical Instability
Calgary Sun, Dec. 5, 2009
Calgary Sun
Oct. 3, 2009
Calgary Sun, Dec. 5, 2009
Dec. 1, 2008
BusinessWeek
Dec. 1, 2009
“What goes up”“What goes up”
• Strong world economic growth
• Recessions usually check growth – but
no recession for 16 years
• No supply crunch now to warrant soaring
oil prices
• Probably not going to last
Hall, 2007, pp. 72-74
MacroMacro
Major economic trends?
Dominant government responses?
Meso
Labour Market
Change & the Economic Imperative
MESO MESO
Change and the Economic Imperative
“The Darwinian struggle to survive.”
Many businesses have discovered that the attributes that made organizational structures ideal in the Industrial Economy could potentially cripple those organizations in the New Economy.
Coy, 2000
MESO MESO
Post-Industrial Society
“This calls for different organizations, as well as different kinds of workers.”
Peter Drucker
MESO MESO
The Organization of the Future
1. Hungry for Change
2. Innovative Beyond Customer Imagination
3. Globally Integrated
4. Disruptive by Nature
5. Genuine, not just Generous
The Enterprise of the Future, IBM Global CEO Study, 2008
MESO – New Economy Organizational StructureMESO – New Economy
Organizational Structure
• Flat
• Self-regulating
• Collaborative
• Participatory
• Responsive
• Innovative
• More Time-Consuming to Build
Coy, 2000; Trish from NLC Ottawa
Future Employment Opportunities
Small Business
Self-Employment
Contract Work
Part-time Work
Life-long Learning
HRDC
MESO MESO
An H.R. Paradox
Oversupply of low-skill resources generates unemployment.
Talent shortages threaten economic stability and growth.
HRSDC, 2008
Globe and Mail
August 2008
2010 Hot Jobs 2010 Hot Jobs 1. Property Administrators
2. Insurance Adjusters
3. Customer Service Clerks
4. Architectural Technologists
5. User Support Technicians
6. Systems Testing Technicians
7. Respiratory Therapists
8. Medical Radiation Technologists
9. Medical Sonographers
10. Dental Hygienists (HRSDC 2010)
And … SASKATCHEWAN
New Job TitlesNew Job Titles
• Bioaesthetic Coach
• Experience Designer
• Health-Enhancement Mentor
• Intercommunity farmer• Personal Genome Optimizer
Richard A. Samson (“Hyperjobs: The New Higher-Level Work and How to Get Into It,”
Nov-Dec 2005)
New Job TitlesNew Job Titles
• Chief Health Officer• Coordinator of Workforce
Development and Continuing Education
• Corporate Historian• Manager of Diversity• Manager of Faith-Based Relations and
Initiatives• Offshore Outsourcing coordinator
John A. Challenger (“Working in the Future: How Today’s Trends Are Shaping Tomorrow’s Jobs,” Nov-Dec 2005)
New Job TitlesNew Job Titles
• Chief Innovation Officer• Executive Chef, Space Airline• Global Work Process Coordinator• Skycar Mechanic• Telemedicine Technician• Transhumanist Designer/Technician• Underwater hotel manager• Vice President of Experiences
Joyce Gioia and Roger Herman (“Career Planning for the 21st Century,” Nov-Dec 2005)
New Job TitlesNew Job Titles
Manager of First Impressions
New Lifetime Work PatternsNew Lifetime Work Patterns
WorkSchool Retire
From
To
Sc ho o l Wo rk Trn g Wo rk Une m p Trn g Wo rk Une m p Wo rk Trn g Wo rk Re tire
Human Resources Development CanadaKawartha Lakes Management Area, June 1994
Career PathsCareer Paths
Foot (1998), p. 81
Top Transferable Skills for the 21st Century
"flexible, ready-trained, on-demand, enterprise-ready”
Team Player
Oral/Written & Electronic Communications
Computer Skills
Basic Math Skills
Analytical – Problem Solving
HRDC, Kawartha Lakes, 1994Nuala Beck, 1995; HRSDC, 2008
Flexibility – Versatility
Interpersonal
Organized – Planning
Time Management
Leadership
Self-starter – Takes Initiative
Globe and Mail
April 2008
Globe and Mail, April 2008
Globe and Mail,
April 2008
Globe & Mail
Nov. 12, 2009
Paradigm Shift
We have entered the age of the “contingent” worker … one who is resourceful, fluid, and flexible. Employment is now “contingent” on the results that the employer can achieve
Workers are wise to think that they are in business for themselves, and their tasks are outsourced to them by the employer
Employability replaces employment security
William Bridges, Jobshift, 1994
DemographicsDemographics
Act Your Age!
Demographics
2/3 of everything
+
Electoral Politics
Technology
National Values
Foot (1998), p. 7Adams (1997)
Depression & World War II Babies 1930 - 1946
Baby Boomers1947 – 1966
400,000+ babies every year
Generation X1960’s
Baby Bust1967 - 1979
Generation Y -- Millennials1980 - 1995
Millennium BustGeneration Z
1996 - 2010
Demographics
Foot (1998)
pp. 22-31
April 2008
MillennialsMillennials
• Not driven by dreams of financial success
• What’s a career?
• Willing to move around (a lot)
• Want feedback daily
• Want input – want to be heard
• Fearless and blunt
• Work-life balance
• Flexible schedules
• Philanthropic work
• BREVITY
Sacks, 2006, pp 72-75
CalgaryInc., April 2008
CalgaryInc.,
April 2008
MESO - OrganizationsMESO - Organizations
Multi-generation labour force
A.K.A.Scenes from the
Culture ClashFast Company, January 2006
Strategic Organizations• Overriding mission and purpose
• Long-term
• The “what” and the “why”
• Able to attract individuals through strong employer brands
• Able to retain individuals through understanding and responding to various motivations to work
New Corporate Vision Statement
Wherever we go,there we are.
MesoMeso
What will work look like in the
future?
• Jobs
• Work Environment
• Work-Life Balance
Micro
Individuals
Up the Creek with a Paddle
Employable
You are employable if someone will hire you.
Time
May 25, 2009
BusinessWeek
Oct .19, 2009
Benefits Canada, Peace of Mind Guidebook, www.benefitscanada.com/microsites/peaceofmind
Employed
Training/reskilling = job protection.
HRSDC, 2008
Micro – Teams & IndividualsMicro – Teams & Individuals
Tactical
• Calculated, small, hands-on actions
serving a larger strategic purpose
• Short-term
• The “how”
► Resilience The positive ability to adapt to the consequences of a ‘catastrophy’.
► RecognitionThe ability to recognize what is known.
► SuccessThe achievement of an objective/goal.
Wikipedia, 2010
Resilience►You can discover most of what you need to know…
Recognition►…by simply noticing the nature of the changes taking place.
Success►The trick then lies in learning how to take advantage of these changes.
Campbell, C., 1998
Perlmutter & Trist, 1986Senge, 1990
Micro - Getting the most from this workshop
Micro - Getting the most from this workshop
Strategies to Work & Prosper
What I need to know/do.
1.
2.
3.
4.
5.
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