1a. PWC Article Exercise - The Four Worlds of Work in 2030
The document outlines PwC's vision of four possible worlds of work in 2030:
1) Red World: Focused on innovation and disruption, where jobs may be lost to automation and skills become quickly outdated. Employees must constantly adapt.
2) Blue World: Characterized by wealth inequality, where large organizations face challenges of scale. Human capital is highly valued only at the top, and upward pressure on senior pay is intense.
3) Green World: Emphasizes environmental and social sustainability. Building trust with employees and society during automation is key. Organizations must balance short-term profits with long-term societal good.
4) Yellow World: Prioritizes employee well-being
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1a. PWC Article Exercise - The Four Worlds of Work in 2030
The document outlines PwC's vision of four possible worlds of work in 2030:
1) Red World: Focused on innovation and disruption, where jobs may be lost to automation and skills become quickly outdated. Employees must constantly adapt.
2) Blue World: Characterized by wealth inequality, where large organizations face challenges of scale. Human capital is highly valued only at the top, and upward pressure on senior pay is intense.
3) Green World: Emphasizes environmental and social sustainability. Building trust with employees and society during automation is key. Organizations must balance short-term profits with long-term societal good.
4) Yellow World: Prioritizes employee well-being
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The Four Worlds of Work in 2030
Red Blue Green Yellow
Key Innovation and Focus on Focus on Focus on
characteristics out of the box growing bigger Environment Employees, their / focus areas thinking and better and talents and sustainability wellbeing
Key challenges Disruptive, The gap between
constantly the rich and the Communicating Brand and a good corporate purpose and ethical record is changing and poor. Either values effectively, to essential in the Yellow may take away people will have a the right people, is a World. The risk of jobs. There’s a lack high paying job or fundamental brand damage from of loyalty from the no job at all. requirement. rogue workers must be • Building and actively managed. company towards The challenges of maintaining trust with • Organisations are the employees. employees and wider judged on trust and size and scale mean Workers with skills that organisations are society, especially fairness; in demand will at greater risk from when it comes to the organisational purpose prosper, those with external threats such use of automation, is must be clearly as technology essential. articulated and lived. outdated skills will • The brand must be • Ethical and terrorism or be abandoned.” protected at all times. transparent supply meltdown and they find it difficult to The possibility of non- chain management is effect change quickly. socially responsible critical and penalties • The value of human behaviour within the apply all along the capital at the top level organisation or chain for non- is high and the anywhere along the compliance. upward pressure on supply chain carries • In the Yellow World, reward, particularly huge risks. Quality relationships with for senior executives, assurance and governments and is intense. vigilance is NGOs are vital and • Organisations must paramount. need to be closely develop models and • Being compliant is managed. systems which enable not enough: individuals and their organisations are agents to negotiate under pressure to raise the value of their the bar and establish human capital based policies and practices on employees’ which go beyond and personal investment even anticipate strategies. regulatory requirements. • Organisations have to balance the trade- off between short-term financial and long- term societal good. Key people Employees Employees Employees Employees
Key people Automated HR and CPO CEO and Trainers looking
related focus processes, No HR HR(Peopleand after employee areas ,Specialists and Society) well being, outsourced outsourced services services Examples of representative organizations / industries You are a superhuman who can transcend time. You are in 2029 in a city of your choice………………………..You witness an organization that seems to be from PWC’s red world. Describe its mission, product, target market, organization structure and employee characteristics. Mission Product Target Market Organization Structure Employee Charateristics You are a superhuman who can transcend time. You are in 2029 in a city of your choice………………………..You witness an organization that seems to be from PWC’s yellow world. Describe its mission, product, target market, organization structure and employee characteristics. You are a superhuman who can transcend time. You are in 2029 in a city of your choice………………………..You witness an organization that seems to be from PWC’s green world. Describe its mission, product, target market, organization structure and employee characteristics. You are a superhuman who can transcend time. You are in 2029 in a city of your choice………………………..You witness an organization that seems to be from PWC’s blue world. Describe its mission, product, target market, organization structure and employee characteristics.