test 9 heading 1 Flashcards
Why should workers investigate global trends
Enables them to stay competitive and relevant in a rapidly changing job market.
Understanding these trends helps workers identify emerging industries and in-demand skills,
allowing them to make informed decisions about their career paths.
Trend factors of a decrease in job security
Increased Flexibility due to changing job patterns:
A decrease in job security has been influenced by a rise in gig work, freelancing, and entrepreneurship, providing individuals with flexibility in choosing their work hours and projects. This flexibility can promote a better work-life balance for some individuals.
Encouragement of Innovation:
In a society with easily accessible information and knowledge through technology, innovation is valued. In less secure job environments, employees and entrepreneurs are often motivated to innovate, create new products or services, and explore entrepreneurial ventures.
Trend factors in an increase in working virtually
Cost Savings:
Working virtually eliminates commuting costs and the need for office attire. Additionally, businesses can save on expenses related to office space, utilities, and equipment, leading to significant cost savings.
Technology Dependency:
Reliance on technology means that technical issues, such as internet outages or software glitches, can disrupt work and cause productivity losses. Moreover, not all employees might have access to reliable technology and internet connections.
The possible impact of predicted global trends on individual career planning
Skills in Demand:
Global trends often highlight specific skills and expertise that are in high demand across various industries worldwide. Understanding these trends allows individuals to align their education and skill development with market needs. This ensures they acquire relevant competencies for future job opportunities.
Emerging Industries:
Global trends can identify emerging industries or sectors experiencing rapid growth. Career planning can be influenced by these trends, prompting individuals to explore and invest in fields related to technology, healthcare, and other innovative sectors to secure stable and promising career paths.
Cultural Competency:
With increased global connectivity, understanding diverse cultures and working in multicultural environments has become essential. Career planning may involve learning languages, developing cross-cultural communication skills, and gaining international experience through travel or virtual collaboration. This can enhance one’s cultural competency and marketability.
How to change jobs
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How to deal with unemployment
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Negotiation skills
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