The EIU investigates what the typical company will look like in 2020, considering the speed of change over the last ten years, and what corporate leaders can do to prepare the workforce for change.
Over the next decade, changes in the way companies operate will not be revolutionary or disruptive; they will be an extension of the evolution already visible at many firms today. Companies will become larger and more global in the next ten years, handling operations in more countries than they do today. Despite rapid expansion, they will also be more globally integrated, with better information flow and collaboration across borders.
The rise of emerging markets, the global financial crisis and demographic pressures are among the forces driving companies to expand overseas. As they do so, they will:
- Take on more contingent workers
- Localise management
- Increasing workforce flux
- More diversity
- Ascendance of soft skills
- Understanding the worker
- Tapping into the multi-cultural workforce