The Changing World of Work - Denis Pennel © - 1

The Changing World of Work: Concerns & Opportunities

Denis Pennel Managing Director

The Changing World of Work - Denis Pennel © - 2

Trends behind the new changing world of work

Adaptability (flexible production models,

offshoring, outsourcing)

Individualisation (singularisation of the employment relationship,

focus on autonomy, freedom of choice)

Flattening world (acceleration of speed,

work-life blend, de-spatialisation)

Conciliation (work-life balance,

flexibility and security, Individualism and collectivism)

COMPANIES

WORKERS

SOCIETY INDIVIDUALS

The Changing World of Work - Denis Pennel © - 3

1800 - 1920

Taylorism and Fordism,

urbanisation

End of independent

status

Linked to work premises

(paternalism)

Steam, railroads

1920 - 1970

Office work, consumerism

(mass production)

Wage earners, services oriented

Linked to a status

(permanent employee)

TV, radio, electricity,

combustion engine

1970 – 20..

Outsourcing, individualisation

(mass customization)

Dispersion but recontrol of production

tools

Linked to the individual

(to be invented)

Computers, the Web,

IT networks

Protection schemes

Impact on workers

Production models

Technological innovations

We fa c e a 3 rd i n d u st r ia l re vo lu t io n

The Changing World of Work - Denis Pennel © - 4

The very nature of work is changing

The Changing World of Work - Denis Pennel © - 5 Source: McKinsey - Preparing for a new era of work , 2012

Most of new jobs involves complex interactions

The Changing World of Work - Denis Pennel © - 6

The co-existence of different employment relationships

Nature of employment relationship

Contractuali-sation

Length

Place of the relation

Job for life

Open ended contract

Decades

Intra entreprises

Employability

Diversity of labour

contracts

Years

Inter entreprises

Freelance

Self employed

Months/Days

Projects

On demand expertise

Contract for services

Hours/ Minutes

Real time market places

Based on Thomas Malone – The spectrum of jobs - 2003

Does the employment relationship tend to shorten?

The Changing World of Work - Denis Pennel © - 7

The rise of a dispersed, remote workforce

« Cultivating communities of

workers will become one of the key

disciplines of 21st-century business »

Thomas Malone in The Age of Hyperspecialisation (Harvard Business Review – July 2011)

The Flexible Firm

The Changing World of Work - Denis Pennel © - 8

The rise of protean career

0

5

10

15

20

25

30

35

40

45

18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68 70

Wage earner (OEC)

Self-employed

Wage earner (FTC, TAW)

Age

Weekly Working hours

= transitions

The Changing World of Work - Denis Pennel © - 9

Work in the 21st century no longer has one model

destandardisation

individualisation

intermediation

virtualisation

On-demand

horizontality

networks & communities

Collaborative management

The Changing World of Work - Denis Pennel © - 10

Follow the New Reality of Work on:

Thank you!

Questions?