As we experience significant economic and social shifts, the last time this happened was during the industrial age which, on most accounts, had a transition period of approximately 50 years.
The global and speedy nature of today’s information age, which is estimated to have started in the 1990s in some places, will have an even shorter transition period, my “guess” would be by half.
When it comes to employment, there are six key future uncertainties:
- Technological capability to meet global demand, increased disruptions, inefficiencies or solar storms
- Global political turmoil or unrest shifting hiring, spending and investments
- Financial System changes including extreme increase / decrease in price of oil and gold, bankruptcies or weaknesses in financial institutions
- Changing mobility in the global labour market and related migration
- Private sector, MNCs and Family Business challenges and transformations, including failures, layoffs, automation, globalisation
- Societal shifts in education, long-term career planning and goals (I want to be a millionaire by the time I am 22), longer lives, working beyond retirement, entrepreneurship and youth dependency on family and friends.
These uncertainties may be more prominent in some geographical areas versus others, nevertheless, in each of these cases, there is change.
I make the call today for every single one of us, irrespective of age or place in their career (even high school and university), deemed or feeling successful or not, to take the time to think about resilience in the eye of these six elements.
Reflect on our education, careers and what makes us wake up in the morning, to find our unique place in the world.
The time is not tomorrow, the time for personal re-invention* is today.
* Term used by Dorie Clark in her book.
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