Decoding the Digital Work Revolution and Its Influence on Future Workforce (77176)
Session Chair: Biljana Pesalj
Wednesday, 27 March 2024 11:35
Session: Session 2
Room: Room 702
Presentation Type: Oral Presentation
In the continuously evolving landscape of work, the concept of a fixed physical workplace dissolved as the idea of work transformed into a fluid concept. This transition paved the way for opportunities within the gig economy, millennials, desiring flexibility, embraced freelancing and short-term engagements over traditional employment.
The workforce's transformation in the digital age is marked by technological advancements and challenges catalyzed by the COVID-19 pandemic. As the world approaches Industry 4.0, understanding its impact on human labor becomes imperative. Challenges like cyberloafing and gig work's rise beckon further exploration Striking a balance between technology and human interactions is vital for creating competitive digital workplaces.
Research question: How does integrating digital technologies impact the skill requirements and work dynamics of the future workforce?
Research Objectives:
i. Identify digital technologies shaping the future workforce.
ii. Analyse how these technologies influence demand for essential skills.
iii. Explore changes in work dynamics and organizational strategies in response.
Research Design and Methodology: Employing a deductive approach, hypotheses derived from the research question will be tested. ADANCO, a variance-based structural equation modelling, will be utilized for modelling latent variables and accounting for measurement errors.
Significance and Research Scope: Data collection spans diverse populations – students, workers, and the self-employed. This research aims to provide invaluable insights for organizations seeking to thrive in the dynamic future of work by addressing the gaps in skills and work dynamics.
Authors:
Veena Jadhav, SP Jain School of Global Management, Singapore
Bhanu Ranjan, SP Jain School of Global Management, Singapore
Nitin Patwa, SP Jain School of Global Management, United Arab Emirates
About the Presenter(s)
Dr Bhanu Ranjan is a University Assistant Professor/Lecturer at S P Jain School of Global Management in Singapore
See this presentation on the full schedule – Wednesday Schedule
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