THE FUTURE OF WORK
Photo by Tima Miroshnichenko

THE FUTURE OF WORK

And its Implications for You and Your Business

Last week the World Economic Forum published their Future of Jobs Report 2025. Its findings reveal a global workforce in transformation. Expect 22% of current roles to undergo major churn, with 170 million jobs created and 92 million displaced in the next 5 years.

Whether you’re leading a team, planning your next career move, or running a business, the following insights are crucial.

1 The Global Labour Market Landscape in 2025

From AI to climate action, five mega-trends are reshaping jobs:

1. Technological Change

Advances in AI, robotics, automation, and digital access are transforming industries, creating opportunities in technology-related roles while automating many clerical and repetitive jobs.

2. The Green Transition

Climate action and sustainability are driving demand for roles such as Renewable Energy Engineers, Environmental Specialists, and Electric Vehicle Technicians.

3. Demographic Shifts

Aging populations in high-income countries and expanding working-age populations in lower-income economies are influencing healthcare, education, and talent management needs.

4. Geo-Economic Fragmentation

Increasing geopolitical tensions, trade restrictions, and government subsidies are reshaping global supply chains and business models.

5. Economic Uncertainty

Rising living costs, inflation, and slower growth are pushing companies to adapt and innovate, with a growing focus on resilience and agility.

These trends will not only disrupt existing industries but also present immense opportunities for those ready to adapt and reskill.

Expect 22% of current roles to undergo major churn, with 170 million jobs created and 92 million displaced by 2030.

2 Jobs Outlook: What’s Growing, What’s Declining

Fast-growing roles include Big Data Specialists, FinTech Engineers, and Renewable Energy Engineers. Meanwhile, clerical jobs like Data Entry Clerks and Administrative Assistants are in steep decline. Reskilling of yourself and your workforce will be critical by 2030.


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3 Skills Outlook: What Employers Want

The top skills? Analytical thinking, Resilience, Leadership and Creativity. Interesting how these “soft” skills pre-dominate. Also, creativity is a broad term - it’s about a mindset which seeks to do thing better, quicker, faster. Which seeks new opportunities. Employers are also prioritizing tech literacy, AI expertise, and cybersecurity skills. Lifelong learning is no longer optional—it’s a necessity.

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4 Workforce Strategies for the Future

Upskilling is identified as a top-3 priority for employers across all geographies, and economies at all income levels. Process and task automation is expected to be the second most common workforce strategy, with the hiring of new staff with emerging in-demand skills, also a high priority strategy.


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It is clear that these initiatives, although imperative, will be expensive and therefore companies expect very clear ROI on their training budgets:


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5 The Timeless Value of Artisan Jobs

In a tech-driven world, skilled trades remain indispensable. Roles like electricians, plumbers, mechanics, and construction workers continue to grow. These professions, often overlooked in tech conversations, are vital for the green transition and urban development (page 23).

6 Advice to Yourself

If you could give career advice to your 18-year-old self, what would you say? Maybe something along the lines of… ?

  1. Embrace lifelong learning. Careers will pivot, and so must you.
  2. Master a mix of hard and soft skills. Tech is essential, but creativity and empathy will set you apart.
  3. Follow the trends. Whether it’s AI, green energy, or skilled trades, align your interests with industries that are growing.
  4. Don’t fear change. Disruption isn’t an end—it’s an opportunity.

Come to think of it, that’s probably good advice for your 58-year-old self as well!

7 What about Your Business?

The impacts of the rapidly changing world on your business and work force will be profound. You’d better think about it deeply if you want to remain relevant and competitive in ten years time. ?

Contact us here and see how we can add value to your business.


Errol Braithwaite Strategy & Management Consulting is a boutique consulting firm focused on assisting clients to grow their businesses mainly in the infrastructure, natural resources and transportation sectors.

Get in touch with us today to start fuelling your business’s growth.

Nombulelo Jacinto

People Partner, HR Operations and Organisational Effectiveness

1 个月

It is a good read, very insightful - thank you.

回复

Insightful!!

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Chantelle van den Heever

Chief Operating Officer at VSLS Human Capital Consulting | Creating relevance for everyone

2 个月

Errol, these are such critical insights for business leaders (especially) to be aware of. We've been preaching this for the longest time, and I'm excited to see so many organisations facing the changes with excitement, especially when it comes to upskilling workforces to deal with the increase in change on the technology front. Insightful read, thanks for sharing!

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