Nowadays, numerous publications and debates warn of the great number of jobs which will become obsolete in the near future due to recent and upcoming technological development. An Oxford University study reveals that more than 45% of today’s jobs will not exist in 25 years as they will be replaced by robotics, AI and other technologies.
These changes would touch not only basic labor jobs, but also spread to white collar jobs. While previous changes in technology have mostly impacted blue color jobs, especially in transportation, manufacturing and the like, the coming changes will likely have effects on a much bigger scale and may have a greatly negative impact on blue as well as white collar jobs, including in banking, administration, healthcare, management, etc.
Logically, does this mean that there will be massive rise in the unemployment rate in the near future? Yes and no. With the old jobs disappearing, there will also be new jobs coming to the market. A lot of these jobs do not even exist yet - work in areas such as alternative energy technologies, medical mentors, personal productivity assistants, Internet of Things engineers, etc. - and, obviously, managers and idea generators for the future direction of various fields.
Apart from the very new occupations, existing professions will also immensely evolve. For example, Software Developers would remain, but the qualification requirements would markedly change. There would be essentially no core programming as such in today’s terms, but more of a programming engineering and working with larger sets of ready-made programming blocks and processing and analyzing huge volumes of various data. The same would happen with managers, doctors and other professions means the skill requirements for these careers would upsurge.
Large shortage of qualified talents is predicted
Even though a large number of jobs will become obsolete, there is another side to consider. As the latest Korn Ferry study reveals, by 2030 companies are expected to experience a massive shortage of qualified personnel, and the annual costs of such qualified personnel will increase by more than 2.5 trillion USD. There is an expected gap between the demand for qualified personnel and the availability of such personnel on the market.
For this reason there is an expected talent deficit of more than 82 million of talents by the year 2030. Even today, organizations in the UAE and globally are already experiencing a massive shortage of truly talented people.
What you need to do to be in demand?
No matter what your profession is, there is a permanent need for updating your professional skills. If you do not follow this trend, your current level of knowledge and qualifications may quite rapidly become obsolete, leading to various career-related consequences.
Apart from the basic professional skillset, there are a number of other crucial abilities which have become categorically vital in the present business environment. These include communication and networking skills, advanced customer service skills, strategy skills, and management and leadership skills among others.
For example, due to increasingly high standards for work performance results, the ability to communicate effectively with your colleagues and clients becomes decidedly crucial. For this purpose we have created our special communication courses. For marketing professionals, we provide a specially designed set of courses on marketing. For management, we have numerous useful and practical courses, including courses on emotional intelligence and leadership. The range of our courses is designed such a way that each professional can find a course which will meet his/her particular professional development needs.
To secure your future, your career performance, and the success of the company you are working for, professional development is the key - and our courses are the most effective and time-efficient solution for obtaining it.