The future of work will change everything

Peter J. Miscovich

Corporate Real Estate Journal, 2017, vol. 6, issue 3, 245-258

Abstract: Tremendous converging forces are radically reshaping the world of work as we know it. Emerging technologies will have an impact on every aspect of the working world and every aspect of our working lives for the next 20 years. Accelerating business model transformation and increasing workplace complexity will challenge global organisations. The Fourth Industrial Revolution enabled by Third Platform emerging technologies will change the future of work for every organisation within every industry sector during the 21st century. New innovative workforce models are emerging, including ‘the liquid workforce’ and ‘the human cloud’, which will displace traditional enterprise workforce models. The human workforce will need to adapt to increasingly sophisticated machine-to-human and machine-to-machine collaborative ecosystems — employees will be working seamlessly with our very competent robotic colleagues. Leading corporate real estate (CRE) organisations will seek to integrate digital workplace technologies that will enable these new dynamic workforce models. Global CRE organisations must embrace digital workplace transformation as it accelerates and intensifies across all industry sectors. Global CRE executives must respond to these disruptive business changes and workforce challenges while also maintaining operational excellence and providing strong ROI and financial performance. As the world of work is transformed, a core question emerges: how can CRE organisations be agile and develop effective strategies within a continually disruptive and evolving business environment?

Keywords: Fourth Industrial Revolution; Third Platform of Technology; liquid workforce; human cloud; artificial intelligence; cognitive computing; Millennials; Hollywood workforce model; on-demand workforce; employee engagement; employee experience; operational excellence (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:aza:crej00:y:2017:v:6:i:3:p:245-258

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