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What trends currently impact the workplace? - Coggle Diagram
What trends currently impact the workplace?
Globalization, Technology and the Mobile Work Force
Globalization 🗺
Opportunities: New markets, Specialization
Entry options: E-commerce (low risk), Partnerships or Outsourcing (medium risk), Physical presence (high risk)
Challenges: Quality control, Cultural adaptation, Political and Economic instability
⚙ Technology
Shift to knowledge/service economy
E‑commerce: 24/7 customers, higher expectations
Remote work enablers: Internet, cloud, Mobile devices, Collaboration tools
Impacts: Automation of low-skilled jobs, Higher skill requirements, SMEs can compete
Artificial Intelligence 🧠
Automation of routine tasks, data analysis, predictive maintenance
HR: Recruitment automation, Personalized learning/upskilling
Customer experience: chatbots, recommendations
Ethical issues: Bias, privacy, job displacement
Talent Mobility 📱 (Mobile Workforce)
Virtual global teams, Barriers (family, safety, policy)
Policy considerations: Immigration, tax, benefit portability, credential reciprocity
CEO priority on talent, Millennials seeking global experience
Organizational Structures
Components of Organization Structures
Work Specialization
Effects (Boredom, Turnover)
Chain of Command
Reporting Relationships
Span of Control
Factors (Task Similarity, Difficulty, Proximity, Style)
Formalization
Formal vs Informal Roles
Centralization
Centralized vs Decentralization (Empowerment)
Departmentalization
Functions, Products Customers
Choice of Structure
Vertical/hierarchical
Pros/cons (control vs slow decision-making)
Flattening
Horizontal structure benefits (communication, speed)
Virtual/boundaryless
Technology-enabled coordination
Trends in Organizational Structures
Functional Structure
Matrix Structure
Divisional Structure
Flat Structure
Hierarchical Structure
Network Structure
Holacracy
Adhocracy
Team-Based Structure
Workplace Culture
The Importance of Workplace Culture
Culture = shared values, beliefs, habits
Affects hiring and retention
strategic advantage
Factors Affecting Workplace Culture
External factors
Government policy, technology, globalization, workforce diversity
Leadership: Tone from the top (consistency, integrity, risk-taking, collaboration)
Change management: employee inclusion reduces resistance
Workplace Culture Directly Affects You
Motivation
Learning & Development
Recognition & Rewards
Wages & Benefits
Healthy Workplace (lifestyle and the environment)
Engagement
Signals (dress code, rituals)
Current Impact of Unions
Background on Unions
Collective Bargaining
Gains in Wages and Security
Unfair employment practices
Conditions Inviting the Formation of Unions
Pay new employees as much as your old ones, no benefit for years of service
Let wages fall behind the going rate.
Spend money on the company, or the senior staff, but turn down requests for salary increases
Decrease employee benefits, or other non-financial compensation
Fire employees abruptly and without explanation
Hire for promotions from external applicants. Do not promote from within
Keep poor employees that are habitually troublemakers
Believe that the problems will go away if they are ignored
🔮The Future of Unions
Cooperate with management
Need to modernize
Declining rates
Adapt to precarious work
Entrepreneurship
The Rise of Small Businesses
Drivers
Downsizing
Niche Market
Internet Access
Agility
Benefits of Entrepreneurship
Idea Execution
Flexible Schedule
Autonomy
Potential Earnings
👪 Family Asset
The Odds of Success
Tips
Sound Business Plan
Financial Management
Legal Knowledge
Human Resource
Reserves
Common Failure
Poor Management
Do You Have What it Takes?
Entrepreneurial profile
Motivations
Sacrifice
Aptitudes
Fit