Suggestions
Evgeniy Nikandrov
Organizational Consulting
Evgeniy Nikandrov is a Senior Consultant at EY (Ernst & Young) with over six years of professional experience in consulting and technology sectors. He specializes in international people and organization consulting, focusing on the development of strategies and solutions for various organizational challenges. His background includes work with both consulting firms and major technology companies, indicating a robust understanding of the intersection between human resources and technology in business contexts.1
Highlights
The World Economic Forum in Davos ended a few days ago. Javier Milei's inspiring speech, where he openly criticized the new 'ethics' and its economic consequences without fear of being cancelled, was not the only thing that drew my attention. WEF’s researchers also published a report “The Rise of Global Digital Jobs”.
So, what interesting things are there?
➡ "The number of "digital jobs" (those that can be performed remotely from any part of the world) is on the rise. Currently, 218 out of 5400 job types are considered "digital," accounting for 73 million people out of 820 million global workers. This figure is expected to reach 92 million by 2030". 🤔 Well, those are interesting numbers. If that's the case, it seems like official employment is relatively low worldwide, or the data may be incomplete. In any case, it appears that 'digital jobs' are experiencing a growth of +25% in 6 years. Notable, but not extremely aggressive growth. Nonetheless, the world is becoming more global, leading to economic growth for both high-income countries (thanks to access to talent) and lower-income countries (due to an influx of money).
➡ "Global demographics are changing. Higher-income countries are aging (resulting in a decline in the labor force), while lower-income countries are experiencing growth in the working-age population. Currently, the distribution of the working-age population is even, but in 20 years, lower-income countries are projected to have 50% more working-age people". 🤔 This is super interesting. I believe it will completely reshape the global talent landscape, presenting significant challenges for business-government interaction. How should an industrial company in Munich effectively manage its workforce, when key employees are not in Germany? Considerations such as taxes, migration policies, and remuneration packages become crucial. Presently, Europe appears unaligned, with Germany softening migration laws, France strengthening migration policy, and increasing the retirement age. What strategies should companies adopt to succeed?
➡ "Nevertheless, there are some risks to be managed: a) Digital technology outpacing human ingenuity (meaning jobs are displaced faster than they can be created), and b) The new workforce will require new ways of working". 🤔 Well, it's good news for consultants. I've always been enthusiastic about the future of work, and it seems like new jobs are emerging. Vast optimizations in low-skilled jobs are on the horizon, and there will be a need for recalibrating operational models to enable successful distributed teams.
I believe that soon, crucial skills will include intercultural communication, adapting to diverse working styles, and proficiency in languages beyond English to stand out. Moreover, the key additional languages in demand may not necessarily be German, Spanish, Italian, and French. Rather something else.
This is my perspective. Find the report below and form your own conclusions.
I’m happy to share that a few months ago I joined EY Middle East in the role of Senior Consultant!
