The presentation is from the session taken for the young professionals and students about the changes in employment due to the 4IR. The session was facilitated by the EMK Center, Dhaka.
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
EMK Center Presentation 21st century job 2020
1. Curse and Boon
of
21st Century Job
Md. Asad-Ur-Rahman Nile
Country Director
Simprints Technology Ltd.
www.simprints.com
2.
3. Industrial Revolutions
4. Industrial
revolution
Based on cyber-
physical- systems
3. Industrial revolution
Through the use of electronics
and IT further progression in
autonomous production
1. Industrial revolution
Introducing mechanical
production machines powered
by water and steam
End of the
18th century.
Beginning of the
20th century
Beginning of the
70’s
Industry 1.0
Industry 3.0Industry 2.0 Industry 4.0
Levelofcomplexity
Today
Source: DFKI/Bauer IAO
1760 to 1840 - Ushered
in Mechanical
production; railways and
steam engine
1870 to 1940 -
Mass production;
electricity and
assembly line
4. Building blocks of Industry 4.0
Industry 4.0
Autonomous
Robots
Simulation
Artificial
Intelligence
Industrial
Internet of
Things
Cyber Security
Additive Mfg
Augmented &
virtual reality
Big data ,
Analytics
5. Impact of Industry 4.0
Economy
Business
National
& Global
Society
Individual
6. Top 10 Skills to be relevant in Industry 4.0
in 2020
1. Complex Problem Solving
2. Critical Thinking
3. Creativity
4. People Management
5. Coordinating with Others
6. Emotional Intelligence
7. Judgement and Decision Making
8. Service Orientation
9. Negotiation
10. Cognitive Flexibility
in 2015
1. Complex Problem Solving
2. Coordinating with Others
3. People Management
4. Critical Thinking
5. Negotiation
6. Quality Control
7. Service Orientation
8. Judgement and Decision Making
9. Active Listening
10. Creativity
Source: Future of Jobs Report, World Economic Forum
7. Source: Future of Jobs Report, World Economic Forum
Declining and Emerging Jobs
Declining of 4D Jobs – Dull, Dumb, Dirty and Dangerous
8. Is the Future RMG Industry in USA?!
“We want people who
can work with robots”
P. R. Rajan, CEO,
SoftWear Automation
Daily production rate is 800,000 t-shirts
for Adidas
From fabric cutting to finished products
in 4 minutes through automation
The average time to produce one t-shirt
is ~22 seconds
Cost of each t-shirt is expected to be
USD ~0.33 – cheapest in the world
Annual production target is 1 billion t-
shirts
Production is expected to start from
late 2020
Tianyuan Garments Company of
Suzhou, China and SoftWear
Automation are developing a fully
automated RMG factory in in Little
Rock, Atlanta, USA
Cost: USD ~20 million
HR: ~400
14. • major change will be frequent and
suddenVolatility
• there will be many surprises and change
will not follow a predictable patternUncertainty
• problems & opportunities will be
complex… with many different elementsComplexity
• confusion from contradictory information
/ data will make mis-reads likelyAmbiguity
15. The Employment Challenges for a VUCA world
Unpredictable
changes in
talent
requirements
Constant lack of
talent/jobs,
Retaining the
best
Reskilling &
Upskilling
existing talent
Workforce
Replacement
Use of AI,
Automation
and Analytics in
decision making
Reducing
workforce
Changing
Competencies
Specialization
and continuous
learning
Relentless
unlearn and
relearn
17. • There is no
simple solution
or answer
• Situations can be
explained
differently based
on perspectives
• We don’t know
what will happen
or how long will
it take
• The situation is
rapidly changing
Volatile Uncertain
ComplexAmbiguous
19. Where VUCA leads
Twitter
announced
employees
will be
allowed to
work from
home
‘forever’
Uber fired
over 3700
employees
through a
zoom call
Airbnb
fired 1900
employees
over email
Bird fired
over 400
employees
over 2
minute
zoom call
British
Airways to
reduce
~12,000
employees
20. Less human interaction in shopping and business is being preferred
Demand for connectivity has never been higher
Delivery services for essential products has increased by 5 times
on average
Distributed work culture established
What is necessary and what is optional for getting the job done is
becoming clearer
Distance learning in schools, remote meeting, virtual conferences /
events, virtual family events became reality & norm in just 2 months
How this pandemic is accelerating 4IR
21. Linear Employment Model of 20th Century
Study Full
time
Gain
certificate
Extra
curricular
activities
Job
Learn on the
job
Career
progression
Develop
Skills
Life
progression
Retirement
22. Interconnected Employment Model 21st Century
Study / Learning/ Skills
Full time / Part job
Entrepreneurship
Consultancy /
Freelancing
Retirement /
Break
23. How to handle VUCA?
Vision
Understanding
Clarity
Agility
Volatility
Uncertainty
Complexity
Ambiguous
24. Be Reliable in
Volatile Situations
Be Trustworthy in
Uncertain
situations
Be Direct in
Complex
Situations
Be Understandable
in Ambiguous
situations
VUCA
Managing VUCA Individually
25. What do you want to do with your life?
• How important is that to you?
What makes you happy? Why ? How?
• What skills do you need to reach there?
• Where are you now? What are your skill gaps?
Where do you want to see yourself in next 10 years?
What are the things that you want to achieve in your life?
• What is your plan B? C? D?....
What is your career plan? What will happen if that doesn’t work out?
As a young professional : Ask YOURSELF the difficult questions
Most importantly:
Are YOU ready to
COMMIT?
27. • Skills does not mean certificates
• Skills that are valuable and will be
valuable in future
• Certifications that are valued
• Accredited
• Internationally accepted
• Relevant
• Continue to broaden your horizon
• Try to gather relevant experiences
• Engage in volunteering work
Focus on
developing skills
and qualifications
Growth
Mindset:
We need to be “Flexible” and “Adaptive” in VUCA world
28. Talent!! You are TALENTED, if…..
Being on time
Work Ethic
Effort
Body Language
Energy
Attitude
Passion
Being Coachable
Doing Extra
Being prepared
T
A
L
E
N
T
29. What you will need for 21st century Job
Adaptability and flexibility
Tech savviness
Creativity and innovation
Data literacy
Critical thinking
Digital and coding skills
Leadership
Emotional intelligence
According to WEF in just 5 years
35% of the skills deemed
essential today will change.
There is only one way to remain
relevant in 21 century reality:
Commit to a lifetime of learning
30.
31.
32.
33. Global Opportunities
Global Learning Platforms
Creativity and innovation
Flexibility
Location mattering less
New Skills: faster learning
Access to technology
Skills matter more
Global Competition
Too many options
Context is the key
Fast changes, VUCA
Remote working challenges
Competition will be fierce
Even more competition
Relentless learning
21st Century Jobs
34. 21st Century Job
Relentless learning
• Self learning for skills
• International
certifications
• Hands on training
Mindset
• Vision
• Growth mindset
• Right attitude
• Dedication
• Failure is ok
• Mentor
Priority
• Focus
• Skills matter
• World is getting smaller
• Need to choose and
spend time
Action
• Grit
• Working hard
• Working smart
• Flexibility
• Adaptability
• Unlearn