The document discusses the changing world of work due to factors like globalization, technology, and demographics. It notes that the rate of change has intensified, with things like the amount of daily text messages exceeding the world's population. It also discusses topics like outsourcing, the gig economy, and the transition from the industrial age to the knowledge age.

1. Humantalents
Changing World of Work
(Lecture outline & Learning resource)
Jayadeva de Silva M.Sc, MBIM, FIPM, FITD
Please write your own notes/impressions below in the blank space provided
Changes
Many changes !
Rate of change too has intensified !
- Total text messages sent every day exceeds the entire
population of the planet…
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2. Humantalents
-One weeks of information in the New York Times is more than
one individual would have encountered in his entire life time in
the 18th century
-If you are one in a million in China… There are 1300 people just
like you. - In India it is 1100
-The 25 % of the population with the highest IQ’s in China Is
more than the entire population of North America…This
means they have more honours kids than the Americans have
kids…
-China will soon become the number one English speaking
country in the world…
-If you take every job in the US today and ship it to China…
they will still have a labour surplus
What is Globalization?
• Globalization – the increasing economic integration and interdependence
of the world’s nations.
• The invisible hand working on the global level
• Countries make what they have materials for and are good at, then
they trade for what they need.
Examples:
• The US imports fruit from Chile.
• The US Company NIKE manufactures shoes in Indonesia.
• When you call the DELL help center, you will speak to someone in India.
• US Hollywood movies are pirated and sold for cents on the dollar in China.
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3. Humantalents
• Any given car will have parts from many different countries, including
Korea, Germany, and China, and then have been assembled in the US.
What are the Changes taking place due to Technology?
E Commerce
E Banking
E Governance
E Learning
E Medicine
Information technology at work place
Tele working
What are Demographic changes observed in the changing world of
work?
Ageing workforce
More women entering workforce
Women moving into non traditional jobs
What is meant by “Glass ceiling”?
Diversity
What is diversity?
Cross culture management
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4. Humantalents
Flexible Organizational Structures
Adhocracy
Networking
Inter Organization networks
New work arrangements
Flexi Time
Flexi Space
Flexi Work
Flexi Skills
Flexi pay
Flexi benefits
Who are Contingent workers –?
Casual
Part timers
Contract workers
Freelancers
What is Out sourcing?
• Outsourcing - Businesses moving manufacturing sectors to other
countries in order to reduce labor costs and increase efficiency.
• Ex. car parts, computer parts, toys, clothes, etc.
• Increasing outsourcing of information and service sector jobs as
communication technologies improve.
• Ex.: Call centers in India, drive thus
• BIG CONCERN – loss of American jobs
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5. Humantalents
Issue of sweatshops?
• Sweatshop: A manufacturing workplace that typically treats its workers
inhumanely, paying low wages, and imposing harsh and unsafe working
conditions
• In other countries, workers do not have the protections that they have in
USA such as
-Minimum wage, child labor laws, overtime, safety regulations, etc.
• Companies accused of using sweatshops:
-Nike, Disney, the Gap, Guess, Wal-Mart
What is Tele- Commuting (tele working)
What is “Leasing of Staff”?
HR issues which requires special attention in a changing world
Ageing work force
New generation of workers
Health Care Costs
Employee retention
Employee motivation
Social benefits
Gender Issues
Sexual harassment
What is Knowledge Management?
Learning Culture & Organizational learning
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6. Humantalents
What is Work Life balance & Stress?
Importance of Innovation
Importance of Creativity
New forms of work
New types of Organizations
Strategic HRM
International HRM
Talent war
Talent management
What are Innovations in HRM & HRD
Novel recruitment & selection methods
Performance Management
New ways of communication
New forms of training
Explain the observable aspects due to Movement from Industrial
Age to Knowledge Age?
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7. Humantalents
Industrial Age Organisations Information Age
Organisations
• Mass production • Mass customisation
• Labour serves machines or • Tools and machines serve labour
tools
• Labour applies knowledge
• Labour performs repetitive
tasks
• Common control management
• Command and control structure
management structure
 Knowledge-intensive
• Capital-intensive
• Knowledge is the primary driver
• Capital is the primary
driver
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Importance of Business Ethics ?
Importance of Professional Ethics?
Your additional Notes
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