Outsourcing has been and will continue to be a disruptive force in the labor market as we move towards 2020. Here’s how it will change your ways of working.
As a result of an increasing employee displacement via outsourcing, offshoring and technology development, a more dynamic economy built on freelance talent will emerge. This will change our conventional understanding of work and employment in several ways.
More employees will be driven by a desire for independence and self-development; others will be forced into the contingent workforce. Employees will have to master learning new skills just before they are needed.
Our graphic below highlights the key trends in the way outsourcing will impact our ways of working towards the future.
The future lies in dynamic employablity
In the emerging freelance economy, the dominant employment model will consist of a collaborative, transparent, technology-enabled, rapid-cycle way of doing business through network and ecosystems of workers who work as intellectual mercenaries.
Individuals will need to shift from the need for career resilience, which is defined by a distinct set of responsibilities tied to a particular career, to dynamic employability – skills and competencies that can be applied to a range of roles.
The future workforce will be rich on diversity
The ability of businesses to attract these intellectual mercenaries will be fundamental for success in the future. Flexible work arrangements will become increasingly common. The future workforce will consist of a diverse group of full-time employees, contract and freelance talent, with several having no connection to the brand.
People will move from role to role and across organizational boundaries more freely than ever as businesses demand talent pools and systems that can be rapidly assembled and reconfigured. Business leaders and customers alike will expect agility, scale and the necessary skills on demand.
From just-in-case learning to just-in-time learning
Today, competencies quickly become obsolete, and new competencies must be developed in order to stay ahead. Hence, to ensure employability, employees should keep learning all their lives, either at work or by taking time off work to improve their skills. Consequently, now and in the future learning is changing from just-in-case learning, where you learn all sorts of knowledge that you might need sometime in the future, to just-in-time learning, where you learn tools that you will need for a concrete upcoming task.