For young people who will soon have to pay off debt, along with mounting savings for retirement, they will have to decide whether to pursue a career in building new technology or abandoning that path for a decidedly more well-paid, yet stodgy, tradition. The industry is undergoing big changes with unprecedented speed.
If you’re just starting out, in many cases there’s little choice but to move up in the world, ensuring the rewards come in time for retirement. So you’ll be happy to know you can start your career with a flexible time schedule.
But it’s also crucial that you have a plan on how you’ll develop your skills and learn skills while you’re in the workforce. Career clearances and career development opportunities are proving essential when you’re just getting started and need to make sure you know what to be doing and how to do it. As careers move forward, it’s an absolute must to ensure you understand how your skills will be adapted to new work.
Advances in technology will play a big role in the next big generation of careers. The pace of change is increasing with minimal investment of public funds and no impact from rising demand on labor supply. Businesses and workers are adapting, adapting and, in some cases, re-adapting. There is always demand for incremental technological advances in some businesses, but there is also a growing concern about the pace of change and the impact it’s having on workers and the economy. The BBC called the last two decades the year of disruption. Globally, as well as domestically, more and more people are identifying with companies that are transforming their businesses around new technologies.
Our new report, The Disruption Boom – How do you prepare for the 6 Career-Defining Tech Trends in 2020 Everyone Must Prepare For Now., includes a “real life” case study demonstrating how a middle manager was able to keep up with the challenges of being affected by technological change. Watch the video below to see how the executive did it.
When you work in one of the most dynamic industries, it’s vital that you stay on top of the technological development to keep your job in front of the change. It is also important to be literate in new technologies, so you are making informed decisions about how to adapt. But it’s important that you find time to develop your own skills.
Your research and development efforts can give you the edge that employers are looking for. It’s important that you show new talents to employers, as you’ll need to step up your skills and offer your company new perspectives, along with innovations.
Technology changes rapidly and, as we’ve seen with the auto industry, they can actually be dangerous. You will need to understand the latest technological advances, new potential dangers and legal implications of the changes you experience.
Bernard Marr, CEO of Global Executive Recruitment, the world’s largest executive placement provider with services reaching 140 countries, advises today’s executives to embrace change and stay agile to stay ahead of the competition.
“Our research reveals millennials, Generation Z and newly acquired technologies are impacting not only the workplace, but also, the way working generations have evolved,” Marr says. “Businesses should keep up with developments in technology and do everything they can to capitalise on this.”
In 2020, the pace of technological change will continue unabated, causing great frustration for workers and employers alike. It’s unlikely technology will remain the same as it is today. Employers will need to work harder to keep up and offer their employees new opportunities that will work to their specific talents.
These career trends will continue to affect employers and employees, forcing them to adjust, adapt and adapt. Global Executive Recruitment (GER) is a dedicated recruitment arm of London-based Global President, Bryan Toulouse. The company delivers a wide range of executive recruitment services including technology, finance, marketing, healthcare, retail, and human resources roles.
Join Toulouse in mid-December at The Fast Track, a special invitation-only event to discuss the workforce of the future, and how to build the right team to succeed in the new, revolutionary world of technology and change.