Droplr founders5/15/2023 One strong trend underpinning the changes taking place is automation and robotization. In a world of rapid change, you need to change the way you think about the skills you need. To cut the long story short, the traditional approach is for companies to look for candidates that match the requirements of the vacant position in terms of skills, and whose personality will fit into the team.īut in a world of rapid change, avoiding high staff turnover requires you to change the way you think about the skills you need. Hiring is obviously a complex process, and there’s no one strategy for hiring talent that guarantees success. Regardless of the industry, you operate in or the size of your company, staying on top of the game means you need to embrace these opportunities proactively. At the same time, they make the market more competitive. New communication tools that facilitate global interconnectivity and give rise to new working models, companies run remotely.Īll of these change drivers, including our aging society, open new business opportunities. Social media and new technologies enabling the free flow of information and opening new ways of doing business, Intelligent machines and systems coupled with the proliferation of data, The Institute for the Future, an NGO whose mission is to provide practical foresight for a world undergoing rapid change, lists several factors driving change:Īn aging society resulting from increased longevity, What is changing and how is change unfolding? The conclusions I’ve arrived at are a bit counterintuitive, yet optimistic. In this blog post, I want to talk about what these changes mean for companies and how they affect hiring and talent management. ![]() Klaus Schwab, the founder of the World Economic Forum and the person who coined the term fourth industrial revolution, says that change is bringing not only opportunities but also peril. Sundar Pichai, CEO of Google, has recently admitted to being in two minds about the current pace of change. It opens new possibilities but also poses a massive challenge for individuals and for companies to stay relevant. Tech is fundamentally reshaping our world. The invention and development of AI and machine learning, and the increasingly computational world that brings to rise driverless cars, robots, and apps taking over tasks normally performed by humans. The changes coming down the pike will be more radical and more rapid than ever before. Experts say that Industry 4.0 – as they’ve dubbed the phenomenon – is unlike any of the previous revolutions. ![]() I like to think that change is good, even if not always easy or welcome.īut life in the aftermath of the fourth industrial revolution can feel overwhelming at times. How do you hire for the future? Well, how do you feel about change? That word, especially when combined with “the future” and “innovation”, has always given me goosebumps.
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