SIX OF THE BEST
The report provides deep insight into the megatrends set to develop over the next two decades which will shape the workplace of the future. Each addresses a separate but important development.
Modern computing speeds mean devices can perform many tasks quicker and safer than ever before, surpassing humans in efficiency and transforming supply chains and redefining jobs.
Jobs of the future will be more flexible, agile and connected as technology changes employment markets. Freelancing is a large and growing model around the world and the Australian market will inevitably fall in line.
By 2035 workers will need to create their own roles, requiring entrepreneurial skills that will be increasingly important for everyone from small business operators to large companies.
The retirement age in Australia is likely to expand as population and life expectancy grow, the report says. Workplaces will be home to increasingly diverse age groups and cultural backgrounds likely requiring updated human-resource strategies.
The rising bar
Entry-level positions will require increasing amounts of skill, resulting in great demand for education and competition for labour. Australia's workforce is competing on a global scale, so the country's skills development approach also needs to compete at a global level.
And a little something extra
Real job growth is likely to be in services, the report says, as the knowledge economy heats up. Besides the often quoted STEM (science, technology, engineering, mathematics) skills, social skills and emotional intelligence will become increasingly valued in workplaces, including a broad understanding of ethical issues and communication styles.
The report has bought focus to the opportunities and skills required to help Australia take advantage of the digital future and beyond. It highlights the need to ensure no one is left behind by the pace of change.
It is important for Australia to make a contribution to the development of both the talent and industries of the future, collaborating with all partners in the business ecosystem.
Many of the challenges this report raises cannot be solved by government, academia or industry alone. We must continue to build the collaborative networks between these groups to tackle the challenges created by rapidly changing technologies.
Patrick Maes is General Manager, Strategy & planning, GTSO at ANZ. You can find him on Twitter here (@DrsPatrickMaes) and on LinkedIn here.