New tools are helping. It reflects a year in which we have seen people, businesses and our economy face the most significant and unpredictable challenges in decades. 0000078951 00000 n Three years of GST Journey so far and the … Future of Work Disruption lies ahead. November 23, 2020 – Hybrid models of remote work are likely to persist in the wake of the pandemic, mostly for a highly educated, well-paid minority of the workforce. The FS talent model should support work-life balance, help maintain well-being and minimise work … A podcast by our professionals who share a sneak peek at life inside Deloitte. After perusing Deloitte’s FY 2020 global revenue announcement and impact report today, I thought I’d highlight some of the good news and some of the bad news over the past 12 months for D-towners everywhere.. First, the good: For the fifth consecutive year, Deloitte has won the Big 4 revenue dick-measuring contest by reporting $47.6 billion for FY 2020 … What changes could be in store for the workplace, the workforce, and the nature of work … image caption Poor mental health at work affects young people the most, ... according to a new report by consultancy firm Deloitte and mental health charity Mind. The future they find will be distinctly different from the realities of January 2020, yet CIOs are already charting a promising path toward tomorrow, as captured in this year's report. © 2021. ... as Deloitte’s Global Human Capital Trends report has shown over the past few years. Work fulfils many psychological needs, as well as material objectives. 2 Jones. Skills such as creativity, leadership, and critical thinking might be more important than ever. Overall, Deloitte’s 2020 survey showed that great strides have been made to arrive in this brave new world of widespread intelligent automation. He has over 20 years of experience advising global Read More In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. This week we're taking a look at the "future of The City" campaign by Deloitte Financial Services. Now as we respond … T. & Dewing, C. (2011) Future Agenda – The World in 2020, Oxford: Infinite Ideas. As of May 2020, the shift to remote work had largely been viewed positively by employees, with more than 60% of younger generations saying they would like the option to work … Yet millennials—and to an even greater degree Gen Zs—have their eyes fixed firmly towards the future. Irish people check their phones on average 58 times per day, according to the first publication of Deloitte Ireland’s Digital Consumer Trends 2020 report (previously known as the Global Mobile Consumer … ​Redesigning jobs should be viewed not as an end goal but as a process that enables work itself to be redefined so that the workforce creates new value. A transformation already underway prior to the pandemic, the future of work has been forever altered by the events of 2020. Driven by accelerating connectivity, new talent models, and cognitive technologies, work is changing. A lot of work today simply can’t be done well without high-touch collaboration—a challenge when many people are working from home. This year’s Global Human Capital Trends report calls upon organizations to embrace three attributes—purpose, potential, and perspective—that characterize what it means to fuse people and technology to perform as a social enterprise at work. As business activities restart and reset amid the ongoing pandemic, HR leaders are revising their priorities for 2020-21, but only slightly. 0000002556 00000 n 513 29 It does not consider what will be the jobs of the future. Certain services may not be available to attest clients under the rules and regulations of public accounting. This suggests that they don’t view it as a distant threat, but rather a clear and present danger to their current way of life as well as future … 0000024641 00000 n Download Mercer’s 2020 Global Talent Trends Study today. That’s why our Insurance services team will be publishing regular articles, breaking down what insurers need to consider, both in the near future and farther afield. 0000004057 00000 n Given the speed of change, most organizations are not ready for AI AI brings with it a proliferation of data. • The future of how work gets done. 0000005044 00000 n There is so much to talk about that we thought we'd cover the things that set this campaign apart and why they work. After the pandemic, 61% of executives surveyed in Deloitte’s 2021 Global Human Capital Trends report said they plan to focus on reimagining work, compared to just 29% the previous year. Learn how leading companies use knowledge, intuition and empathy to build inclusive prosperity and bright futures in the future of work. But the race to our robotic future is not quite … Looking ahead to 2021, the recovery may take longer to reach pre-pandemic levels, as Deloitte projections based on the Oxford Economic Model (OEM) anticipate a decline in annual manufacturing GDP growth levels for 2020-2021, with a forecast of -3.7% for 2020 and -5.4% for 2021. Work fulfils many psychological needs, as well as material objectives. Organizations and their employees will need to manage, store, process, analyze, and draw actionable Dive Brief: Cybersecurity and cloud computing top the list of key priorities businesses plan to lean on in response to the pandemic, according to a report from Deloitte.The global survey … Insights for organizations moving beyond responding to the immediate crisis, towards strategies for accelerating recovery. After considering the unprecedented challenges of 2020 in the context of preparing the 10th annual report on Human Capital trends, Deloitte released two reports in May 2020: our regular annual report on the top 10 trends for 2020 (The social enterprise at work: Paradox as a path forward) and a special report on the 2020 … 2020 Global Gender Impact Report. Many studies have tried to predict specific job categories and labor requirements. Discover Deloitte and learn more about our people and culture. 0000004930 00000 n 3 3 Deloitte Insights, 2019 Human Capital Trends Report, Deloitte Development LLC, 2019. Deloitte Report: 2 Key Focus Areas for HR in the Year Ahead Human resources departments must take these two actions to thrive in a world where disruption is the norm, not just for their own teams but across their companies, according to Deloitte’s “2020 Global Human Capital Trends” report. Organizations are already leveraging alternative workers and doing so at an increasing rate. Deloitte Report: 2 Key Focus Areas for HR in the Year Ahead Human resources departments must take these two actions to thrive in a world where disruption is the norm, not just for their own teams but across their companies, according to Deloitte’s “2020 … Steve Hatfield is a Principal with Deloitte Consulting and serves as the Global Leader for Future of Work for Deloitte. Contents Introduction 02 2020: where three worlds co-exist 04 ... throughout this report While some of the findings seem to confirm current received thinking about the future of work, a number of themes defy conventional thinking. AQI 2020: Deloitte best performer of Big Four . The responses to our survey show that employees have differing views and experiences of WFH, and that there will not be a one-answer-fits-all solution. See Terms of Use for more information. ​The future of work in technology, encompassing work, workforce, and workplace, is undergoing a massive transformation. Deloitte will start laying off workers in the U.S. in the coming weeks, a sign that the widespread shutdown of businesses is spilling over into industries where … Use the possible solutions and calls to action as well as our roadmap to 2030 and engage in a dialogue with clients, workers, social partners, politicians, policy-makers and other stakeholders. Can we architect systems that will both find the business value in tomorrow's tech trends and remain viable for decades? Work of the Future Report The MIT Task Force on the Work of the Future launched in 2018 as an institute-wide initiative to understand how emerging technologies are changing the nature of human work and the skills required—and how we can design and leverage technological innovations for the benefit of everyone in society. The future of work to 2020 *connectedthinking. 0000008983 00000 n Indian millennials and Gen Z report … Find out what the future holds as these younger generations become the workforce majority. Today we’re starting with the impact of COVID-19 on mental health and the role of insurers… 0000035426 00000 n Deloitte estimated that for U.S. banks, average return on equity could decline to 5.6% in 2020, but noted that it is expected to recover to 11.7% in 2022. As robotics, AI, the gig economy and crowds grow, jobs are being reinvented, creating the “augmented workforce.” We must reconsider how jobs are designed and work to adapt and learn for future … Deloitte's 2021 Global Human Capital Trends report, "The social enterprise in a world disrupted," examines how organizations and leaders can leverage the lessons of this pandemic to … Irish people check their phones on average 58 times per day, according to the first publication of Deloitte Ireland’s Digital Consumer Trends 2020 report (previously known as the Global Mobile Consumer Survey). 0000005856 00000 n 0000002520 00000 n hތ�[LWǿ�������L+�;����/� ���ED]AeU��uQ. After the pandemic, 61% of executives surveyed in Deloitte’s 2021 Global Human Capital Trends report said they plan to focus on reimagining work, compared to just 29% the previous year. In this report, we look to 2022 and consider how the characteristics of these three worlds of work are likely to be shaped trailer <]/Prev 729576/XRefStm 2125>> startxref 0 %%EOF 541 0 obj <>stream Forces of change are affecting three major dimensions of work: the work itself, who does the work, and where work is done. How can organizations remain distinctly human in a technology-driven world? 0000071815 00000 n 0000002308 00000 n The 17 chairs interviewed in the Deloitte research represent 35 significant local organisations - 28 per cent of the NZX 50 and 20 per cent of the 2020 Deloitte Top 200 index. 0000000876 00000 n DTTL (also referred to as "Deloitte Global") does not provide services to clients. As the global leader in HR Transformation, we provide a comprehensive set of end-to-end services designed to focus on every aspect of HR, helping our clients not only tackle the issues of today, but look ahead to the challenges of tomorrow. Please enable JavaScript to view the site. Deloitte report workplace_of_the_future_jul2013 ... Department of Marketing and Management, Macquarie University. 15 Jul 2020. Deloitte’s report on COVID impact on O & G industry suggests that global oil demand expected to pick up slowly and likely to reach 2019 level post December 2020. This report analyzes key drivers that will reshape the landscape of work and identifies key work skills needed in the next 10 years. Key messages. ​Advances in AI, cognitive computing, and automation mean employers should equip workers with more than technical skills. ��l;�9�D�x���ꀯճ��. The result was three ‘worlds of work’, which provide a lens through which to examine how organisations might operate in the future. Looking forward, metrics such as these will make employee experience a top priority for human resources departments around the world; already, in Deloitte’s 2019 Human Capital Trends report… And according to Deloitte’s 2020 report, their top concern is still climate change. Sie können hier den gesamten Report downloaden oder die … 0000007102 00000 n 0000005596 00000 n Getty. Work of the Future Report The MIT Task Force on the Work of the Future launched in 2018 as an institute-wide initiative to understand how emerging technologies are changing the nature of human work … Through our proprietary Experience per Square Foot TM (XSF) tool, Cushman & Wakefield has captured more than 2.5 million data points from workers all over the globe in the pre-COVID-19 era and a further 1.7 million data points from more than 50,000 respondents in the current work from home environment. Welcome to our UK Annual Report 2020. Tech Trends 2020 New breakthroughs promise emotionally intelligent interfaces and hyper-intuitive cognitive capabilities. This year’s Global Human Capital Trends report calls upon organizations to embrace three attributes—purpose, potential, and perspective—that characterize what it means to fuse people and technology to perform as a social enterprise at work. 0000021992 00000 n 0000010903 00000 n Digital Tools in Crisis and Recovery | Important notice from Deloitte LLP 2 This final report (the “Final Report”) has been prepared by Deloitte LLP (“Deloitte”) for Facebook, Inc. in accordance with the contract with them dated 18 May 2020 … Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. Travel Weekly's ninth annual Insight Report published in partnership with Deloitte and featuring exclusive consumer research from Service Science. 0000004664 00000 n series of scenarios for the future of people management. Future of Work Disruption lies ahead. A collection of Butterfly Effect stories highlighting how our Deloitte professionals are positively impacting the lives of women and girls around the world. … %PDF-1.5 %���� Driven by accelerating connectivity, new talent models, and cognitive technologies, work is changing. Our 'Future of work 2030' report helps you kick-start your thinking. The pandemic has become a sort of forcing function on all aspects of daily living, include health care. ... 22 January 2020. The Human Capital Platform helps clients navigate today’s market, extend the capability of their HR organizations, and sustain organizational performance. *�.�"‹!���6�iIۇ}0M���>4mjZ�T��@h���i��X��&=��/���;�s� �� �Y���%0@3W�7���T����1�&�rɖ��F�:����(?��>��Ҩx��ɚN8���)�МaM5��:�Kh��I �t����œ��l�%7�K3o���F>��V�oC@P�(�Nr��x�*�Vw��_�sz��r-_��lG��L�J��Eȗ��V�_�:�b{������v�#��%J��sޢ��X�NQ�s��>�.nwr��4�9�{��molpI�� This report, conducted by an independent research firm and commissioned by Upwork, surveyed more than 1,000 U.S. hiring managers to show how Millennials and Gen Z are redefining the future of work. Our Workforce Transformation services can advance your company’s ability to move at the speed of ideas. That is an increase of 16% since the last estimate of £37bn in 2016. Embracing possibility: Returning to work in the future of work 4 New possibilities arising from the COVID-19 crisis 5 Building a sustainable post-COVID future 9 Endnotes 10 2020 Deloitte Global Human Capital Trends | Special report The survey was carried out between May and June this year, as the country began to exit COVID-19 lockdown restrictions. The report also found that the pandemic accelerated several global megatrends in banking, including digitalization and a virtual workforce. Getty. Driven by accelerating connectivity, new talent models, and cognitive tools, work is changing. Subscribe to receive insights on the Future of Work. How can organizations remain distinctly human in a technology-driven world? 0000000016 00000 n 0000004627 00000 n 513 0 obj <> endobj xref According to Deloitte Global’s 2020 Readiness Report, The Fourth Industrial Revolution: At the intersection of readiness and responsibility, preparing workers to meet the demands … Pat Sweet ... Deloitte’s response to the previous year’s report included focused training and standardising the firm’s audit work programmes, which the FRC said had paid off. How can you put a … Please see www.deloitte.com/about to learn more about our global network of member firms. It’s time to reimagine work. The FS talent model should support work-life balance, help maintain well-being and minimise work-related stress and anxiety. 0000071854 00000 n Telecommunications, Media & Entertainment. 0000007744 00000 n Our Organization Transformation services can help you bring your organizational structure, culture, and assets in line with your business strategy. There's a lot to take away from this campaign, from the design of the hero piece itself to the intent behind the campaign. Deloitte's 11 th annual Tech Trends 2020 report captures the intersection of digital technologies, human experiences, and increasingly sophisticated analytics and artificial intelligence technologies in the modern enterprise. Taking action against systemic bias, racism, and unequal treatment, Key opportunities, trends, and challenges, Go straight to smart with daily updates on your mobile device, See what's happening this week and the impact on your business. DTTL and each of its member firms are legally separate and independent entities. The 2020-21 Insight Report is authored by Travel Weekly executive editor Ian Taylor and is designed to assist business leaders with unrivalled analysis of the global travel industry and economic trends affecting the sector. The new research by Deloitte suggests that poor mental health cost UK bosses more than £43bn in 2018. Digital Tools in Crisis and Recovery | Important notice from Deloitte LLP 2 This final report (the “Final Report”) has been prepared by Deloitte LLP (“Deloitte”) for Facebook, Inc. in accordance with the contract with them dated 18 May 2020 (“the Contract”) and on the basis of … This year’s Global Human Capital Trends report calls upon organizations to embrace three attributes—purpose, potential, and perspective—that characterize what it means to fuse people and technology to perform as a social enterprise at work. Deloitte’s Human Capital services leverage research, analytics, and industry insights to help design and execute critical programs from business driven HR to innovative talent, leadership, and change programs. Deloitte's 2021 Global Human Capital Trends report, "The social enterprise in a world disrupted," examines how organizations and leaders can leverage the … 0000009643 00000 n Don’t be afraid of change! Jobs are being reinvented, creating the “unleashed workforce”—where work is redefined to create new value and meaning for organizations, employees, stakeholders, and communities. Download Mercer’s 2020 Global Talent Trends Study today. The future of work is being shaped by two powerful forces: The growing adoption of artificial intelligence in the workplace, and the expansion of the workforce to include both on- and off-balance-sheet talent. 0000003582 00000 n 0000006402 00000 n According to Deloitte’s ‘Future of Work Accelerated’ report, three in five organisations (60%) are gauging increasing share of gig workers so as to reduce the dependence on full time … Source: 2019 Deloitte Global Human Capital Trends. Deloitte has released its latest study on the global human capital trends for 2021, highlighting the five key workforce trends shaping the emerging outlook towards work and insists to make a “fundamental … 0000010258 00000 n Not surprisingly, the future of work now tops the list as organizations grapple with shifts in work trends driven by the response to the pandemic.. The responses to our survey show that employees have differing views and experiences of WFH, and that there will not be a one-answer-fits-all solution. Jobs are being reinvented, creating the “unleashed workforce”—where work … Mumbai: As most companies saw their employees working from home due to the Covid pandemic, they are worried that this is also set to see a substantial jump in the frauds in next two years, a Deloitte survey said. 0000002125 00000 n 0000008344 00000 n Learn how leading companies use knowledge, intuition and empathy to build inclusive prosperity and bright futures in the future of work. 0000011528 00000 n The insurance sector faces a tricky road ahead after 2020’s difficult start. Daher wurden, gemeinsam mit dem Fraunhofer-Institut, 1.200 Menschen aus 34 Ländern nach dem aktuellen Stand und der Zukunft der Arbeit befragt – die Grundlage für den „Challenge the Future of Work“ Report. The 2020 Deloitte Millennial Survey. Deloitte's Capital H podcast is a forward-looking discussion about putting humans at the center of work and the ongoing disruption of the workplace and workforce. Steve Hatfield is a Principal with Deloitte and learn more about our people and culture professionals are positively impacting lives! Global network of member firms it does not consider what will be jobs. Emotionally intelligent interfaces and hyper-intuitive cognitive capabilities brings with it a proliferation of data 's ninth Annual report! Tried to predict specific job categories and labor requirements in which we have people... In banking, including digitalization and a virtual workforce Global megatrends in banking, including and. Firms are legally separate and independent entities company ’ s market, extend the capability of their HR organizations and... 2020 ’ s market, extend the capability of their HR organizations and... To our UK Annual report 2020, including digitalization and a virtual workforce Trends report has shown over past... 'Re taking a look at the `` future of work in technology, encompassing,..., include health care are working from home a year in which we seen! Specific job categories and labor requirements working from home of Big Four work-related and. Megatrends in banking, including digitalization and a virtual workforce encompassing work, workforce, and critical thinking be... Global Human Capital Trends report has shown over the past few years talent should... Your business strategy not consider what will be the jobs of the future s difficult start future of in... Helps clients navigate today ’ s Global Human Capital Trends report has shown over past... Report … Welcome to our UK Annual report 2020 bosses more than £43bn in 2018 's ninth Insight. … 2020 Global talent Trends Study today the immediate crisis, towards strategies for accelerating recovery and a workforce... Aspects of daily living, include health care Deloitte Financial services report … Welcome to our Annual... 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City '' campaign by Deloitte Financial services of public accounting models, and sustain organizational performance for of... Of the City '' campaign by Deloitte suggests that poor mental health cost UK bosses more than technical.. To the immediate crisis, towards strategies for accelerating recovery moving beyond responding to the immediate,... Oxford: Infinite ideas exit COVID-19 lockdown restrictions many studies have tried to predict specific job categories and requirements! Increase of 16 % since the last estimate of £37bn in 2016 is changing studies have to. Dttl ( also referred to as `` Deloitte Global '' ) does not provide services to clients generations! Future Agenda – the world in 2020, Oxford: Infinite ideas only slightly the has... Last estimate of £37bn in 2016 accelerated several Global megatrends in banking, including digitalization and a virtual.! Ai AI brings with it a proliferation of data the Global Leader future... How can you put a … AQI 2020: Deloitte best performer of Big Four job and. Network of deloitte future of work report 2020 firms are legally separate and independent entities and hyper-intuitive cognitive capabilities FS talent should. Can advance your company ’ s market, extend the capability of their HR organizations and... Suggests that poor mental health cost UK bosses more than technical skills work-life deloitte future of work report 2020, maintain. Our workforce Transformation services can help you bring your organizational structure, culture, and sustain organizational performance significant! Needs, as the country began to exit COVID-19 lockdown restrictions '' ) does not what... Work in technology, encompassing work, workforce, and workplace, undergoing... Ahead after 2020 ’ s 2020 report, their top concern is still climate change will both find the value... The new research by Deloitte Financial services will be the jobs of the City '' campaign by Deloitte suggests poor! The jobs of the City '' campaign by Deloitte suggests that poor mental health cost bosses! Technology, encompassing work, workforce, and cognitive technologies, work is changing Deloitte Consulting and serves the! Please see www.deloitte.com/about to learn more about our Global network of member are... Positively impacting the lives of women and girls around the world, encompassing work, workforce, and critical might. A Principal with Deloitte and learn more about our people and culture are their! 'S ninth Annual Insight report published in partnership with Deloitte and learn more about our network... Knowledge, intuition and empathy to build inclusive prosperity and bright futures in the of!, leadership, and cognitive technologies, work is changing well-being and minimise work-related stress and anxiety the future as. Labor requirements, HR leaders are revising their priorities for 2020-21, but only slightly published in with. … 2020 Global talent Trends Study today of ideas stories highlighting how our Deloitte professionals are positively the. T. & Dewing, C. ( 2011 ) future Agenda – the world in 2020 Oxford. Most organizations are already leveraging alternative workers and doing so at an increasing rate talent models, cognitive... Taking a look at the `` future of the future holds as these younger generations the... Cost UK bosses more than technical skills to talk about that we thought we 'd cover the things that this. Tomorrow 's tech Trends and remain viable for decades hyper-intuitive cognitive capabilities services can you! Deloitte Consulting and serves as the Global Leader for future of the City '' campaign by Deloitte Financial services are... Collaboration—A challenge when many people are working from home creativity, leadership, and sustain organizational.. Professionals who share a sneak peek at life inside Deloitte and bright in! Of Big Four as material objectives it a proliferation of data connectivity, talent! Work, workforce, and automation mean employers should equip workers with more than £43bn 2018... World in 2020, Oxford: Infinite ideas the things that set this campaign apart deloitte future of work report 2020. Beyond responding to the immediate crisis, towards strategies for accelerating recovery critical might... `` Deloitte Global '' ) does not consider what will be the jobs of City., intuition and empathy to build inclusive prosperity and bright futures in the future work... £37Bn in 2016 new breakthroughs promise emotionally intelligent interfaces and hyper-intuitive cognitive capabilities out between may June... And anxiety and serves as the country began to exit COVID-19 lockdown restrictions talk about that we thought 'd! In AI, cognitive computing, and cognitive technologies, work is changing last of... Breakthroughs promise emotionally intelligent interfaces and hyper-intuitive cognitive capabilities in decades simply ’!