Class 4: environmental turbulance and SHRM Flashcards
trends in the future of work we discussed in class:
- increased automation
- reliance on “human cloud”
- end of remote work?
- end of retirement?
- mixed generations
- workplace monitoring
- increased attention to diversity and inclusion
- new organizational structures (lattice)
- reliance on t-shpaed skills
explain the trend of workplace monitoring
- tries to encourage efficiency, productivity, and cost-effectiveness
- possible works against congruence and can damage employees commitment b/c they dont feel trusted
- lacks employee influence
- can reduce innovation and creativity
explain the trend of new workplace structures
- free-flowing ideas & career paths
- collapse of corporate ladder, shifts now very diverse
- new diversity, combined w/ tech advances, has fed demand for a more collaborative/flexible working environment
- Career paths are becoming similarly fluid, many following zigzag rather than straight path
- younger pp now care more about experience and skill development
- lattice structures are more flexible & can better respond to complex changing environments
explain the trend of more diversity
the composition of the workforce has shifted dramatically due to the tech from the industrial age
- the new diversity combined w/ tech advances, and fed demand for a much more collaborative, and flexible working environment
Impact of the trend of new workplace structures for how org’s implement strategic HRM
- in order for orgs to attract and retain high-caliber employees they must foster and organizational environment that is more collaborative/ entrepreneurial and provides employees w/ more freedom to operate w/ less control
- may include: hot-desking, idea workshops, and regularly switching teams
explain the idea of Intraprenuership and what it means for strategic HRM
- is a way for org’s to respond to changing organizational strcutures
- Intraprenuership programs encourage employees to think/act like entrepreneurs w/in confines of their company
- individuals having freedom to take full ownership of particular domains or projects, w/ min. supervision/ bureaucracy, & able to pitch directly to CEO w/out having to go thru layers of management
lattice orgnizations find growth by:
doing diff roles, having new experiences, acquiring new skills, and tapping into new networks
explain the trend of increased automation
- tech enables proximity of work to expand beyond company walls & balance sheets
- alternative worker is a fast-growing segment of the workforce
- 4 segments of work arrangements that each possess own unique needs (traditional worker, outside contractor, transactional remote worker, tenured remote worker)
characteristics of a traditional remote worker
- culture can be absorbed through direct observation
- costly to maintain
- relatively homogeneous environment
characteristics of an outside contractor
- outsider mentality
- often lacks formal onboarding/ training
- typically hired for project based work
characteristics of a transactional remote worker
- low-quality touch points
- often interacts w/ employeer thorugh 3rd party app
- can have high interaction w/ customers and or w/ traditional employees w/o signifficant oversight
characteristics of a tenured remote worker
- lacks ability to observe social norms in person
- isolated from headquarters
- relies on digital communication
explain the trend of artificial intelligence
2 major trends over past 10yrs that when added together, enables a whole lot of things that were never possible before: 1) availability to organize large vols of data to get actionable intelligence, & 2) availability of data of all kinds, coming from smartphones and other low-cost shit
- increased automation can be increased inequality
- both manual labor and white collar jobs (software becoming more advanced) are at risk for automation
explain the trend of reliance on the human cloud
- is a global pool of freelancers who are avaliable to work on demand from remote locations on an array of digital tasks
- = a new opprotuntity for cost-effectiveness
- provides orgs w/ instant access to cheap/ willing talant, w/o having to go through recruitment
- human cloud workers dont have access to many workers rights/ benefits of assembly
costs of remote work (off-campus)
costs of collaboration, lack of culture, and no social elements (is alienating)