Good morning,
I hope you’re having a good Golden Week.
In the last two Dialogues, you’ll recall the global macro* businesstrends of globalization, slowbalization, and deglobalization.
This month, let’s look at the future trends of how we will all work. Some are macro, and some are micro
Article:Megatrends, Macrotrends, and micro trends explained.
The expected changes at work are huge and fascinating – here are some headlines from the materials…
- Employers estimate that 44% of workers’ skills will be disrupted in the next five years.
- The fastest-declining AND fastest-growing roles relative to their size today are driven by technology and digitalization.
- 60% of people think “few of us will have stable, long-term employment in the future”
- 37% of people are worried about automation putting jobs at risk
- 74% of people are ready to learn new skills or re-train to remain employable in the future
Week 1. WARNINGS, CHALLENGES, and REWARDS!!
Study 1. The Workforce of the Future By PWC.
WARNING: This too is a report, but it’s not a document. It’s an interactive Website.
CHALLENGE. Listen to the Video 4 min. Explore the Blue, Green, Yellow, and Red Worlds of work in 2030
REWARD. You’ve gained PWC’s perspectives on how we’ll all work in the next 5-10 years. Congrats!
Study 2. The Future of Jobs. By the World Economic Forum.
WARNING: This is a 300-page study. Before you decide that Eric is crazy to include this in the Dialogue, please reconsider.
CHALLENGE: You are smart and can challenge this big English Study:
- Read the Key Findings (Pages 5-7)
- Then, if you dare, skim through some or all of the rest of the study. There really is a lot of good stuff.
- Industry Profiles. Find your industry and the key data
- Regional Profiles. Check out different areas of the world
REWARD: You took on a big report. The more you dug in, the more you got out of it. Congrats!
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Bonus Material – As if you need more!
Remember the recent call-to-action by tech leaders telling the world that …”AI technologies present “profound risks to society and humanity.”
The Japan Times says a Canadian, Yoshua Bengio, was the most important person to sign it
Article. The Dangers Posed by AI. Job losses are one of them of course.
Video. 40 min. Canadian, Yoshua Bengio on AI and Humans.
WARNING: It’s long and can be technical, but Bengio speaks slowly. Start at 2:30 “Why did you sign the letter”
CHALLENGE. It’s a great English listening challenge because it is long – but so much learning and great jargon。
REWARD. You’ve met another brilliant Canadian – you already know me 🙂 – and a world leader in AI. Congrats again!
Enjoy
Best,
Eric Cole
EDC Business Strategies
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The last two Dialogues
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Business Success Part 5. Globalization, Slowbalization and Deglobalization
On Apr 29, 2023, at 13:11, Eric Cole <eric@edcbenchstrength.com> wrote:
Good morning,
Deglobalization? Is that really “a thing”? What about “Slowbalization“
Last week we looked at globalization, the engine of global growth for over a century. After the 2008 financial crash, we entered a period some refer to as “slowbalization”. In these times of huge political, economic, and environmental disruption, deglobalization does, indeed, seem to be a “thing”.
What is Deglobalization and why is it Happening?
• Article / Audio. The World Economic Forum’s Analysis. Yes, they say de & slow “balization” are “things”.
• Article. Brookings Institution’s Analysis. Some good bullet points on de & slow “balization”.
• Video (2 min). Canadian Mega Bank RBC’s Take. Of course, a Canadian is always easy to understand 🙂
Japan. Globalizing and Deglobalizing at the same time?
• Article. Suzuki and Yamaha Look To India. Good old-fashioned globalization stories. Globalization is never dead!
• Video / Transcript. A Nation Built on Trade: Japan in a Deglobalizing World
• Note: This is a 45-minute video, with an interactive transcript – but try to watch, listen, and read, at least some of it.
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Bonus Material:
• Article. Comprehensive Guide To Business Globalization: all the jargon is here!
• Article. SMEs and Globalization. Globalization from the SME perspective. Why, do’s and don’ts…
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“For what it’s worth” (A casual expression meaning my ideas may or may not be “worth” much to you.)
• Globalization and de-globalization will co-exist.
• The benefits of globalization for business are clear. The existing global infrastructure which allows borderless activity is fundamental to our world.
• On the other hand, globalization has put all countries in a vulnerable position of dependence on others.
• So, ironically, globalization has led to deglobalization, and the need to be as self-sufficient as possible in a global world.
I hope you enjoyed the April Dialogues; learning more about Business Success, and improving your Business English fluency at the same time.
Best,
Eric Cole
EDC Business Strategies
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Business Success Part 4. Business Success Part 4. Globalization and Future-Ready Cities.
Good morning,
Perhaps more so than ever, business success and future-readiness demand globalization. Not just for multinationals, but SMEs too.
It’s all thanks to technology and the mobility of human and financial capital.
Consequently, cities must also compete to attract businesses and the people who will live and work there. Wouldn’t you agree?
Globalization
Article and Video (1.5 min). Globalization Defined. Benefits and Risks
Article. A Few Examples of Global Companies. Note mentions of Japan (Financial Times) and Canada (Coke)!
Future-Ready Cities
Article. Tokyo – The World’s #1 Future – Ready City. Yea, Tokyo!* See Bonus Materials for details
Article. Japan and Future-Ready Singapore. Japan and Singapore are each other’s biggest Asian investors!
Bonus Material
Article. Tokyo #4 for Smartness and Future-Readiness. Ranked on 9 Dimensions.
Article and Video (1.5 min). Tokyo: A Future-Proof City? Kinda fun
Article. Spotlight on urban strategies for the future. Various Top City Profiles.
Next week concludes the April Business Success Dialogues. I will stay on the globalization theme, but feel free to send me your ideas on business success and I’ll try to include them!
Have a great day!
Best,
Eric Cole
EDC Business Strategies