“Personality is related to every meaningful individual difference. Scientifically validated personality assessments can predict substance use and abuse, longevity, relationship satisfaction, job performance, criminality, and occupational choice, just to list a few examples. Beyond these applications, well-validated personality assessments provide individuals with insights into their own motives, reputations and destructive behaviours, many of which they may not be aware.
In APAC, 59 percent of respondents said they have hired for a specific skill set even if there is not an existing role for the candidate. 78 percent said they’re hiring for roles today that didn’t even exist a year ago. Twelve months from now, there will be 3 million jobs in finance and business services. How do you hire for a job that does not exist yet.
Recent research by McAfee has found that less than a quarter of people (23%) realize that wearable devices and connected toys for children need to have security protection too. While your kid's smart watches or phones can tell you their whereabouts, the same information can be accessed by cybercriminals.
We can no longer tell a first-time workforce entrant to find a stable job. The job market is in a state of “perpetual beta”. There are sectors and organizations that are collapsing because of new business models. Jobs are getting unbundled and being looked at as a set of skills. Some of these skills will be automated. Some skills will be done by humans. Definitely, constant skill upgradation is the new norm.
The corporate alumni portals are usually all about transactions. How to get your dues settled faster. How to get the pension fund contributions transferred to the new employer etc. The news is usually all about the company - not the alumni. It is hard to have a conversation with someone who only wants to speak about himself or herself constantly. Universities understand this.
Amazon has filed a patent that makes it possible to interpret users’ emotions and feelings. By analyzing the pitch and volume of speaker commands Alexa will respond to the user’s “feelings”. This could be a huge leap for ecommerce. But this also leaves you more vulnerable. Understanding emotions and moods helps build trust even with machines.
The authors of the book "Just Start – take action, embrace uncertainty", create the future says just that. That’s what serial entrepreneurs do. They don’t wait for the fog to clear. They start moving as soon as they have an idea. They try to stay within what they would define as an “acceptable loss”. They create a prototype and wait for the reaction of the consumer or potential consumer.
Career 3.0 will be about bulk of the workforce becoming gig workers and operating outside the payroll of an employer. This workforce will come to the marketplace with multiple skills and offer it to multiple buyers and paid at different rates depending on the level of proficiency. This model will allow people to bring in all their skills, education and hobbies to the marketplace and monetize it.
Technology is a tool to solve the business vision. Start by asking why you are doing this. If the discussion is about features and costs, then the project is about cost saving and not employee experience. Ask yourself what are you trying to achieve. Why are you doing this. Having that clarity within the sponsor team or CEO/CHRO is a good sign.
