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Technology & Mobility 2020. “The Future Isn’t What It Used To Be” – Yogi Berra. Michael Cadden Living Abroad LLC Robert Horsley FRAGOMEN Forum for Expat Management. NYC October 4, 2010. Demographic Shifts Mobility Outlook Technology Revolution Continues. Technology & Mobility 2020.
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Technology & Mobility 2020 “The Future Isn’t What It Used To Be” – Yogi Berra Michael Cadden Living Abroad LLC Robert Horsley FRAGOMEN Forum for Expat Management. NYC October 4, 2010
Demographic Shifts • Mobility Outlook • Technology Revolution Continues Technology & Mobility 2020
Three MajorForces at Work DEMOGRAPHICS BY 2020: five generations will be working side-by-side in organizations BY 2020: global access to markets and talent will reshape the mobility business GLOBAL MOBILITY BY 2020: social media will connect employees, customers, and partners for immediate communication. Mobile technology will connect the world TECHNOLOGY Technology & Mobility 2020
Major Demographic Shifts Source: Future Workplace Technology & Mobility 2020
5 GENERATIONS Demographics Working side by side in 2020 2007 highest # births ever in USA 90m 70m ??? 50m MILLENNIALS BABY BOOMERS 30m GENERATION X TRADITIONALISTS GEN 2020 10m >1946 >1964 >1978 >1997 1997 - ?
Demographics 2005 Generation 2020 0 Millennials 25% Generation X 23% Baby Boomers 45% Traditionalists 8% 0% 40% 60% 20%
Demographics 2010 Generation 2020 0 Millennials 36% Generation X 22% +11% Baby Boomers 38% -7% Traditionalists 4% -4% 0% 40% 60% 20%
Demographics 2015 Generation 2020 1 Millennials 45% Generation X 21% +11% Baby Boomers 31% -7% Traditionalists 3% -1% 0% 40% 60% 20%
Demographics 2020 Generation 2020 7% Millennials +6% 50% Generation X 20% +6% Baby Boomers 22% Traditionalists 1 -9% 0% 40% 60% 20%
Mobility Outlook Technology & Mobility 2020
Globalization Changing the WorldTop 15 Changes for Headquarter Offices Global Mobility Financial Times Top Fifteen Country Headquarter in the Global 500 Locations over the last 3 years. 23% 9% 400% 160% 225% 120% www.futureworkplace.com
Assignee Home to Host 1970-1990 Technology & Mobility 2020 SOURCE: PRICEWATERHOUSECOOPER – TALENT MOBILITY 2020
Assignee Home to Host 1990-2010 Technology & Mobility 2020 SOURCE: PRICEWATERHOUSECOOPER – TALENT MOBILITY 2020
Assignee Home to Host 2020 Technology & Mobility 2020 SOURCE: PRICEWATERHOUSECOOPER – TALENT MOBILITY 2020
Technology Revolution Continue • Mobile • Social • Collaborative Technology & Mobility 2020
2008 2011 Web 2.0 playing a major role in learning function Estimated they would likely use Web 2.0 in learning function 87% 9% Web 2.0 Relationship Model “Groundswell” Creating Connecting Collaborating Reacting Organization Acceleration Blogs User Gen Podcasting Soc Nets Vir World Online Comp Wiki Open Source Basecamp Forums Ratings Reviews Tagging MashUps UniqueSearch Crowdsource RSS Widget
2020 What are shifts in the next 10 years that accelerate the Information Revolution? 2010 1990 1980 Information Revolution Collaborative Revolution Internet Revolution 1880 Computer Revolution “The information revolution will empower individuals and democratize everything…” – - Steve Jobs, Apple Industrial Revolution
WHO IS THAT OLD GUY? Technology & Mobility 2020
What is important for HR? • Understand these three shifts, and begin piloting new methods of helping your young workers/assignees • Remain flexible with new workstyles • Get comfortable with new tools Technology & Mobility 2020
THANK YOU Technology & Mobility 2020