Evolving Expectations of the Future Workforce: Focus on Millennials and Gen Z

Evolving Expectations of the Future Workforce: Focus on Millennials and Gen Z

Demographic Shifts and Transformative Mega Trends Drive Workforce Transition

RELEASE DATE
25-Jan-2023
REGION
Global
Deliverable Type
Megatrends
Research Code: PDFD-01-00-00-00
SKU: CI00856-GL-MT_27425
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$4,950.00
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Description

Companies must understand and analyze how the future workforce will transform due to rising global uncertainties, technological advancement, multigenerational contribution, growing climatic concerns, and other similar factors.

This study explores the future workforce and assesses which generation will drive the work trend, generational work expectations, and different work models. It discusses that Gen Z, Gen Y, and Gen ? are primary contributors to the future workforce. The report deep dives into technological disruptions, their implications on the future work trend, evolving work models, and the preferred model for the future. Latest technology adoption enhances employee satisfaction, increases productivity, and provides a competitive edge to companies to effectively manage and retain the workforce and develop the business.

The study explores various growth opportunities companies can capitalize on for the future workforce. New technologies will play a key role in workforce culture, and companies will have to adapt to the growing automation. Companies need to spend on reskilling Gen Y and Gen X, as they will form approximately half of the total workforce by 2030.

Key Issues Addressed: 

  • What are the major factors driving workplace transformation?
  • How is the work world changing, and what will the future work models be?
  • What are the key technologies supporting future workforce growth?
  • Which generation will drive the future workforce, and what will its career aspirations be?
  • Which critical success factors and growth opportunities should companies consider before strategizing long-term business plans?

Author: Drisya Chandran 

Table of Contents

Why is Growth Becoming Increasingly Difficult to Achieve?

The Strategic Imperative 8™

Our Mega Trend Universe—Overview

Growth Opportunities Fuel the Growth Pipeline Engine™

Our Mega Trend Universe—Evolving Expectations of the Future Workforce

Key Findings

Critical Growth Opportunities

Upending the Traditional Workforce Model

Future Workforce Outlook—An Overview

Future Workforce Outlook by Work Generation

Future Workforce Outlook—Gen Z

Future Workforce Outlook—Millennials

Future Workforce Outlook—Gen α

Key Factors Driving the Transformation of the Workplace

Unfolding Technology Innovation

Incidence of Multigenerational Workforce

Draining Resources and Carbon Emission Goals

Unpredicted Catastrophic Events Impacting the Job Market

Rise of Flex Economy

Future Work World Arrangement

Evolving Future Workforce Models

Remote Working Model

Hybrid Workplace Model

4-day Working Week Model

Hub-and-spoke Work Model

Futuristic Technologies Enabling Future Workforce

Collaboration Software—Shaping the Future Work Trend

Space Management Tools—A Single Interactive Platform

MetaVerse Office—A New Digital Work World

Next-generation Wi-Fi Evolution

Trend Opportunity Impact and Certainty Analysis

Trend Opportunity Impact and Certainty Analysis (continued)

Trend Opportunity Disruption Index

Trend Disruption Attractiveness Score

Trend Opportunity Growth Index

Growth Attractiveness Score

Trends Beets Implications

Growth Opportunity 1: Rise of Wi-Fi 7 and 6G Networking

Growth Opportunity 1: Rise of Wi-Fi 7 and 6G Networking (continued)

Growth Opportunity 2: Rise of Biophilic Workspaces

Growth Opportunity 2: Rise of Biophilic Workspaces (continued)

Growth Opportunity 3: Personalized Microlearning

Growth Opportunity 3: Personalized Microlearning (continued)

Critical Success Factors for Growth

ConclusionThe Way Forward

Our Mega Trend Universe

Our Mega Trend Universe (continued)

Identifying Your Company’s Growth Zone

Your Next Steps

About the Growth Pipeline ModelTM

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

Companies must understand and analyze how the future workforce will transform due to rising global uncertainties, technological advancement, multigenerational contribution, growing climatic concerns, and other similar factors. This study explores the future workforce and assesses which generation will drive the work trend, generational work expectations, and different work models. It discusses that Gen Z, Gen Y, and Gen α are primary contributors to the future workforce. The report deep dives into technological disruptions, their implications on the future work trend, evolving work models, and the preferred model for the future. Latest technology adoption enhances employee satisfaction, increases productivity, and provides a competitive edge to companies to effectively manage and retain the workforce and develop the business. The study explores various growth opportunities companies can capitalize on for the future workforce. New technologies will play a key role in workforce culture, and companies will have to adapt to the growing automation. Companies need to spend on reskilling Gen Y and Gen X, as they will form approximately half of the total workforce by 2030.--BEGIN PROMO--

Key Issues Addressed: 

  • What are the major factors driving workplace transformation
  • How is the work world changing, and what will the future work models be
  • What are the key technologies supporting future workforce growth
  • Which generation will drive the future workforce, and what will its career aspirations be
  • Which critical success factors and growth opportunities should companies consider before strategizing long-term business plans

Author: Drisya Chandran 

More Information
Deliverable Type Megatrends
Author Drisya Chandran
Industries Cross Industries
No Index No
Is Prebook No
Keyword 1 Millennials and Gen Z in the Workplace
Keyword 2 Gen Z Report
Keyword 3 Gen Z Future of Work
Podcast No
WIP Number PDFD-01-00-00-00