Future of the workforce: The Virtual Talent

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Disclaimer: Images in this presentation may be copyrighted. This presentation is for representation purpose only, it has no commercial use.

Author: ATUL GULRAJANI MAY 2014

atulgulrajani@gmail.com

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Advances in technology has made it extremely easy for people to work from literally "anywhere"

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It is no longer ALL about the "number of branches" or "local presence"

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In today's highly competitive global environment, businesses want the best talent at the least possible cost

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At the same time employees want to BREAKFREE, they want to choose their work, time and location

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THE SHIFT IS APPARENT: On oDesk (job marketplace) alone, there were about 4.5 million freelancers in 2013

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EMPLOYERS ARE ONBOARD: On oDesk, 1 million employers posted over 35 million jobs in 2013

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ALREADY BIG IN AMERICA: One out of every three worker

is a freelancer, i.e. ~45 million freelancers (Source: Freelancers Union)

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ARE YOU READY?

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UP-TO-DATE: With high stakes virtual talent will quickly upgrade and acquire new skills

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MASSIVE: Virtual talent pool will grow big and participants will build strong widespread networks

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COMPETITIVE POWER: They will start competing for business even with the medium and large companies

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ACT NOW: To remain competitive, businesses need to start building their virtual talent

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BUT THAT'S JUST THE FIRST STEP

THERE ARE HUGE IMPLICATIONS FOR YOUR SECTOR

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TRANSPORT, ENERGY, INFRASTRUCTURE

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Lesser congestion, pollution and infrastructure bottlenecks as fewer people travel to work

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If only 10 percent of working population stop traveling to

work, it will SAVE:

32.2 billion kms of travel

daily

11.8 trillion kms of travel

annually

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REAL ESTATE, CHILD CARE, APPAREL

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BETTER RESOURCE UTILIZATION: Homes won’t lie vacant during the day; child care at home; casual wear

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OPEN SPACES WILL BE BACK: People will spread out as location won't be a major constraint

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…AND MORE IMPLICATIONS ON THESE AND OTHER

SECTORS

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PLAN FOR THE FUTURE NOW! NEW BUSINESS MODELS ARE

BOUND TO EMERGE

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New BUSINESS MODEL EXAMPLE: Real estate companies are now renting out individual workstations and cubicles

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EFFICIENY IS THE KEY: ONLY businesses that will offer efficient solutions will survive and prosper

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TO LEARN MORE CONTACT AUTHOR

Skype: atul_gulrajani LinkedIn: atul_gulrajani@yahoo.co.in

Atul has about 10 years of experience offering business research and advisory solutions to businesses across the globe.

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