Tuesday, August 9, 2016

MILLENNIALS ARE REVAMPING THE WORKPLACE



The future of work has become a steady topic with startups, entrepreneurs, co-working spaces and more. Through technological advancement and the demands of millennials, the workplace has adopted many changes that is shifting the way we work, where we work and how we work.
Millennials are the new generation of employees. According to the Pew Research Center by 2025, millennials are expected to make up 75% of the workforce. More than half of the workforce will be comprised of individuals who are social media and digital natives, focused on successful careers while building community and personal well-being.
Here are three driving factors to changes in the workplace, with social media and millennials at the foundation.

BUSINESS ARE FOCUSED ON COMMUNITY.
The future of work talk goes hand in hand with community building. Years ago, businesses and organizations focused primarily on strategy that led to high-yielding results directly affecting the bottom line. Now, community is at the center of that strategy and shared values and culture is driving the bottom line.
The demand of social media has charged startup founders and business managers to focus on their online communities. This focus has become a repeated core aspect of a business, reflecting on consumers’ (especially millennials) need to live and thrive in community.

MOVING BEYOND CUBICLES
With the workplace evolving, employees no longer have to confide to clusters of cubicles. Now, more than ever before, businesses are building remote and virtual teams. Employees are packing up their desks with the option of working from home or anywhere with Wifi accessibility. Co-working spaces are popping up all over the country, providing alternatives to the every day office life.

TECHNOLOGY AND PRODUCTIVITY
And with productivity in mind, new social media platforms and technology tools are being developed to coincide with this new workplace culture. Social media platforms like Google+ and Skype are keeping remote teams in constant communication. These tools are replacing those 3-hour long meetings, with quicker and more productive ways to brainstorm, communicate and achieve company goals. Together, social media and technology has helped in team collaboration and while much of these collaborations may now happen online, organizations still work to keep human interaction and authenticity alive.

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