The workplace is constantly changing. As companies grow on a global level, their needs change, as do the needs of employees. Researchers and statisticians often attempt to predict how things will change.
Using the Internet, research and analyze the Workforce 2010 and Workforce 2020 reports. Based on your research, respond to the following:
• Workforce 2010: Comment on which predictions were correct and which ones were inaccurate.
• Workforce 2020:Discuss which predictions you agree or disagree with.
Assignment Components Max Points
• Insightful, original, accurate, and timely.
• Substantive and demonstrated advanced understanding of concepts.
• Compiled/synthesized theories and concepts drawn from a variety of sources to support statements and conclusions. 16
Discussion answer and Participation:
• Responded to a minimum of two peers in a timely manner.
• Offered points of view supported by research.
• Asked challenging questions that promoted discussion.
• Drew relationships between one or more points in the discussion. 16
Writing:
• Wrote in a clear, concise, formal, and organized manner.
• Responses were error free.
• Information from sources, where applicable, was paraphrased appropriately and accurately cited. 8
Assignment Five-Year Global Workforce Forecast
Not only is the U.S. experiencing a demographic shift, but the world is also changing, and national borders are becoming blurred. This increased connectivity will highlight human differences while putting organizations in a position to benefit from the multiple perspectives gained through a diversified workforce. BANKS Industries continues to look for business acquisitions and plans to continue to expand over the next five years.
Consider forecasted changes in the U.S. and on a global level, and create an 8-10-page executive report illustrating the following:
• Given increased globalization and demographic shifts, what changes in the workplace are likely to occur? Explain in terms of workforce demographics, new challenges, and benefits.
• How will these changes impact the way organizations function?
• How will HR practices change staffing, rewarding, employee relations, communication, performance management, training and development, and technology? Within that discussion, point out current best practices that may require modification as well as the most appropriate modifications.
• What are the legal and ethical implications of change?
• How should current employees and leaders begin to prepare for this change? Prepare a change management plan that includes strategies to communicate relevant information to employees.