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The Future Of The Australian Workplace
An Increase In Work Force Technology
More Millennials
Change Of Pace
The Death Of The "Work Desk"
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Technology and a change in workplace culture is rapidly defining and shaping the Australian workforce. With companies now incorporating technology into all areas of innovation, every workplace is changing and experiencing growth.
All industries from health care to manufacturing to engineering are requiring better educated, more innovative and highly creative individuals. It is imperative that all forms of Australian business, including law firms, are constantly evolving to compete in the global market.
Below we've summarized some of the main changes predicted for the future of the Australian workplace.
An Increase In Work Force
All industries are encouraged to recognize the need to increase their work force in an effort to meet market and consumer demands.
By the year 2030 Australia will need another three million workers. These workers will need to be skilled in a multitude of areas with emphasis on areas of business, computer science and engineering.
More MillennialsThe composition of the work is completed is also changing drastically.
Very soon the workforce will have over 75% millennials employed by the year 2025.
Change Of PaceThe manner in which work is conducted is also being altered at a faster pace than ever before. Businesses are not only growing rapidly, but they are growing minus the need for maintaining inventory. An excellent example of this is Uber whose drivers use their own vehicles.
This type of work allows for significant growth and has changed the taxi industry faster than any other innovation in years.
The Death Of The "Work Desk"In addition, the location of work is rapidly moving from an office based location to home based work. The need to travel to assist clients in other parts of the country or the world is shrinking due to the myriad of ways avail-able for face to face communication.
TechnologyThe careers of most Australians will be greatly affected by technology as the manner in which they complete their work will become increasingly technologically oriented. There are several ways in which Australia can marry the needs that technology will continually create and the available work force population.
• Education is imperative in assisting the young in being schooled in the skills that the future job market will demand• Business needs have to be incorporated into the education curriculum in an effort to make sure that Australian graduates have the tools to enter the workforce equipped for success• The wage earning range must allow Australians to live above the poverty line. Hence, Australia must have available employment despite having to compete with industries that pay their workers significantly lower wages• Australia needs to consciously define its strengths within the global market and strive to improve these strengths via innovation and creative endeavors
How To Prepare
There are 4 significant ways that you can ready your business or industry to respond to the current needs of the workplace and prepare for the rapidly approaching future changes.
1) Review your business process
a. Look for areas where efficiency can be increased
b. Provide for employee training in the areas of most recent technology for your industry
c. Implement the creativity and innovation of those who work for you
2) Create an organization that people want to work for
a. Provide for flex time
b. Provide for job sharing via telecommunications
c. Allow for employees to work remotely so that work can be done at hours that allow your employees to take care of their familial responsi-bilities, thereby leaving them free to focus intently on their work product
3) Foster a culture of innovation
a. Encourage employees to come forward with new ideas and plans for implementing those ideas
b. Reward creativity
c. Support a team effort to produce the most unique and effective solutions for your industry
4) Become the disruptor
a. Go in search of those ideas that are different from your current strategy
b. Learn from your competitors and those of similar industries
c. Be willing to implement an idea that risks moving forward in a new direction
As businesses and education expand and change to meet the demands of a new technological world, success is imminent. With an open mind and an entrepreneurial spirit, the Australian work force can be a leader in the global market.
For more information on this topic, please contact the offices of Owen Hodge Lawyers. At Owen Hodge, we are always happy to assist clients in understanding the full ramifications of any and all of your legal needs. Please feel free to call us at your earliest convenience to schedule a consultation at 1800 780 770.
