Today's Workforce

In: Business and Management

Submitted By traktora
Words 572
Pages 3
Today's Workforce

It is no secret that today’s workforce no longer consists entirely of people. Rather, machines are being developed to complete many of the tasks which humans have traditionally done. This can greatly increase productivity and efficiency of simple, repetitive tasks. Many people view this as a great positive and point out that it leads to a more uniform and less expensive product which is better for everyone. However, some people are more wary of this popular trend of automating the workforce and question whether this progress is truely positive. Their concerns, though, are outweighed by the benefits these machines offer.

It is the popular view among companies which are moving toward automation that robots can do many tasks better than humans. For example, in the automotive industry, most of a car’s individual components are manufactured by pre-programmed robots which have much greater and more precise output than would be possible for a human. In addition, robots cut down the cost of production by a considerable amount. If a company hires an employee to complete a simple task for $50,000 per year but could instead buy a machine for a one time purchase of $30,000, it is far more cost effective to buy the machine. Lower cost of production means that the goods produced can now be sold at a lower pricepoint which passes the savings on to the consumer. Companies producing goods rightly contend that the use of machines to complete low-skill jobs has only positive impact for everyone.

Beyond these benefits for industry, some believe that machines will shape the future for the human race. Innovation and invention of new more intelligent machines can push us as humans toward new, unimagined possibilities. For example, before the first airplane was invented, people could only dream of human flight, but at the moment of takeoff, a whole new world of…...

Similar Documents

Workforce

...Workforce Article Kimberly McHenry English 3000 Paper 1 Changes throughout the years specifically in the workforce have caused major concern to employers. In particular, the skills and knowledge that people are taking to the workforce after graduation are just not enough. This is the current debate between employers, are people really ready to go out into the workforce and work. It is imperative that our young people attain the basic skills and knowledge necessary to join this modern workforce. Without these skills and knowledge, employers have no choice but to hire less than average employees. Steve Gavatorta explains that one of the common issues he experiences in the workforce is the difference between three generations; Baby Boomers, Generation X’ers, and the Generation Y’ers. The three generation has a particular work ethic that eventually ends up being a challenge for all. In order to understand the differences between these generations one has to comprehend the characteristics each one demonstrates. Baby Boomers are born between 1946 and 1964. They have a very strong work ethic, goal oriented, highly competitive and independent. Generations X’ers are born between 1965 and 1980. They are considered to be proficient in technology, individualistic and value a work-life balance. The Generation Y’ers are born after 1980 and are very tech savvy, crave attention, team oriented and family-centric (Gavatorta, 2012, p.60) At this time, the retirement of the......

Words: 732 - Pages: 3

Workforce

...national academic standards, synonymous in many minds with federal efforts such as Goals 2000: Educate America Act of 1994, raises concern that local autonomy will be jeopardized. Meanwhile, industry skill standards, when linked to public school curricula, trigger concerns that schools will simply become a training ground to ensure better products and services. The question is not so much whether academic or industry skill standards should exist. They already do -- at state, local, and federal levels. At issue is who should be setting standards, how they should be implemented, how the multiple and diverse standards development efforts should be integrated, and which types of standards will best improve learning and ensure a high-performing workforce. Currently, business and education officials are joining forces to use industry skill standards as an important tool for integrating vocational and academic curricula among secondary, post-secondary and workplace education programs. While many concur that a coherent system of academic and industry standards makes sense, tensions arise over who should lead the shaping of such a comprehensive effort: educators? business leaders? parent coalitions? Business has asserted greater influence over public schooling in recent years, citing as motivation its contribution to the taxbase and its need to maintain economic competitiveness through well-prepared workers. Some are concerned that an industry-dominated agenda, driven by market......

Words: 4880 - Pages: 20

Diversity in the Workforce

...Diversity in Workforce Francine Costa October 9, 2011 Saint Leo University Accommodation workforce diversity is a necessity in today’s workforce. With the way that the workforce has changed over the years we need to keep diversity a priority. “No longer dominated by a homogenous group of white males, available talent is now overwhelmingly represented by people from a vast array of background and life experiences” (McInnes, 1999). There are more women and different ethnicity in the workforce that need to be accommodated. We also have to be accommodating to the age of the workforce because there are more and more employees that are working past retirement age now. The amount of women in general has risen over the past decade is astonishing. Not only the amount of single women but the amount of married women has risen as well. Although women are supposed to be treated equally to their counterparts that is not always the case. “By diversifying our workforces, we can give individuals the “break” they need to earn a living and achieve their dreams” (McInnes, 1999). The facts of discrimination are hard to argue with. Reports have shown however that there will be more women in professional jobs that require higher education. The circumstances for ethnicity roles in the workforce have changed quite similarly as it has for women. The number of African Americans, Hispanics, as well as Native Americans has changed although they are still being employed in the low-skill and......

Words: 851 - Pages: 4

Workforce

...of safety. Enact a safe patient-handling program that shows nurses you care about them and their ability to work without the risk of injury as well as protecting patients from improper handling and injury. Make the safety program visible and universal, including all shifts and arenas Managerial changes/ Leadership Strategies Preparing nurse managers for the challenging role of leading the future workforce is going to assume a new look. According to Wieck et al. (2010), the young workforce wants to be led, not managed. Nurse managers need to be mentored to develop and transform management skills into leadership behaviors. They will need support and motivation to effectively communicate their interest in developing staff potential, encouraging staff participation in decision-making, expressing respect for the individual effort and achievement, which were indicated to be desirable for all age groups. Nurse managers must begin to see positive reinforcement on a daily basis as a skill essential to effectively retaining younger staff. Attention to leading the multigenerational workforce must be part of the ongoing development off current nurse managers as well as an essential building block of the orientation of future nurse managers. 1. Begin manager development early. Hospitals must develop a system for identifying potential managers and put them into manager training and development early in their tenure. This action will offers encouragement to younger nurses to stay with......

Words: 936 - Pages: 4

Diversity in Workforce

...Impact of Technology and Workforce Diversity on the Corporate Sector | Keerthi Purushothaman III B.A. Corporate Economics 10CEM28 | Introduction With the onset of globalization, the corporate sector has transformed in many ways. It has adopted new work policies and adapted to new technologies. The impact of technology and workforce diversity on corporates is an area of growing importance. In a multicultural nation such as India, workforce diversity has a huge impact on business. With the expanding innovations in technology, businesses are forced to explore and adapt to new technologies in order to make the processes faster and more effective. This is also important for them to be able to stay ahead of the game and face competition. Businesses today use technology in almost every facet of operation. They communicate with advanced network systems; they analyze data and plot forecasts using complicated programs; they utilize all types of digital media for marketing campaigns; and they streamline operations with new inventory and check-out systems. Technology is not without its downsides, but business cannot deny the impact it has had on every level. As we enter the 21st century, workforce diversity has become an essential business concern. In the so-called information age, the greatest assets of most companies are now on two feet (or a set of wheels). Undeniably, there is a talent war raging. No company can afford to unnecessarily restrict its ability to......

Words: 4032 - Pages: 17

Information Technology and the Impact It Has on Today's Workforce

...telecommunication database management and other technologies used to store, process and distribute information" (Daft, 2003, p. 682). Information technology includes using information systems, network and Internet technology to conduct business electronically, in order to achieve new levels of efficiency, competitiveness, and profitability. Information technology is supplying the foundation for new business models, new business process and new ways of distributing knowledge. Companies are relying on Information technology to conduct more of their work electronically, effortlessly linking factories, offices and sales forces around the globe. Information technology and electronic commerce has changed the way people and organizations work in today's society. Information Systems Information systems, a major part of Information Technology have become essential for helping organizations deal with changes in global economies and the business enterprise. Information systems can be defined as " interrelated components working together to collect, process, store, and disseminate information to support decision making, coordination, control, analysis and visualization in an organization"(Laudon & Laudon, 2004, p.8). Information systems provide firms with communication and analytic tools for conducting trade and managing business on a global scale. Information systems make it possible for business to adopt flatter, more decentralized structure and more flexible arrangements for......

Words: 1426 - Pages: 6

Challenges in Today's Workforce

...currently an HR trainer for a Fortune 200 company. I have worked for this company for over 15+ years and the only employer I have ever known. Currently, we don’t look at talent, per say, we look more at someone’s education over talent. For example, I cannot be a senior in the training department unless I have a 4 year college degree, but I have the talent. I have over 6+ years of training experience, but college education outweighs my talent. Technology is always changing with my employer. With myself as a trainer, I have to stay on top of all the changes and deliver the training on each and every technology change that comes about. We recently experienced globalization at my workplace. We recently went to India to use some of their workforce to help alleviate our costs involved. Ethics is always a concern. With myself being in HR, I see a lot of employees seeing our Generalist for ethical issues. I remember when I was growing up that my dad told me, “Susann, if you can lay your head down on your pillow every night, and your mind not bother you, than you are doing something right”. I have never forgotten that and believe it to be true with ethics. We currently have a diversity council at my employer and they try to address all the issues that could/might arise with diversity. There are several employees on that committee with different religious, political, and sexual orientation views. Organization is people working together towards a common goal. An......

Words: 1330 - Pages: 6

Workforce Diversity

...Workforce Diversity: Changing the Way You Do Business By: Rob McInnes, Diversity World As we enter the 21st century, workforce diversity has become an essential business concern. In the so-called information age, the greatest assets of most companies are now on two feet (or a set of wheels). Undeniably, there is a talent war raging. No company can afford to unnecessarily restrict its ability to attract and retain the very best employees available. Generally speaking, the term “Workforce Diversity” refers to policies and practices that seek to include people within a workforce who are considered to be, in some way, different from those in the prevailing constituency. In this context, here is a quick overview of seven predominant factors that motivate companies, large and small, to diversify their workforces: As a Social Responsibility Because many of the beneficiaries of good diversity practices are from groups of people that are “disadvantaged” in our communities, there is certainly good reason to consider workforce diversity as an exercise in good corporate responsibility. By diversifying our workforces, we can give individuals the “break” they need to earn a living and achieve their dreams. As an Economic Payback Many groups of people who have been excluded from workplaces are consequently reliant on tax-supported social service programs. Diversifying the workforce, particularly through initiatives like welfare-to-work, can effectively turn tax users into tax......

Words: 2157 - Pages: 9

Workforce

...Workforce Services Monica Joseph May 25, 2014 Assignment 3.1 Strayer University Workforce Services Introduction Unemployment can impact greatly on the lives of individuals, and is a key measure on today’s economic health. The problem of unemployment is becoming more acute day by day in America. It is hard to live a healthy and normal life without money and a steady job. The impact of unemployment on an individual can affect not only the family, but society at large as well. Unemployment is caused by many factors in modern economy today, though causes of employment vary with specific regions and time. Economy imbalance in the United States is the main cause applying to all locations in the world. Some people are not able to get hired, because they either lack of education and or may not be qualified to perform the work required. In turn to be unemployment may cause an individual to experience personal, emotional, and financial problems in the long stretch. Causes One major cause pertaining to unemployment is the economic recession. According to the national bureau of economic research (nber.org) “There were 10 recessions between 1948 and 2011. The most recent recession began in December, 2007 and ended in June, 2009”. As a result of the recession, the power of the economy went down, becoming a global crisis where the rate of unemployment knew no bounds. Unemployed individuals have......

Words: 1194 - Pages: 5

It Is No Secret That Today’s Workforce No Longer Consists Entirely of People. Rather, Machines Are Being Developed to Complete Many of the Tasks Which Humans Have Traditionally Done

...It is no secret that today’s workforce no longer consists entirely of people. Rather, machines are being developed to complete many of the tasks which humans have traditionally done. This can greatly increase productivity and efficiency of simple, repetitive tasks. Many people view this as a great positive and point out that it leads to a more uniform and less expensive product which is better for everyone. However, some people are more wary of this popular trend of automating the workforce and question whether this progress is truely positive. Their concerns, though, are outweighed by the benefits these machines offer. It is the popular view among companies which are moving toward automation that robots can do many tasks better than humans. For example, in the automotive industry, most of a car’s individual components are manufactured by pre-programmed robots which have much greater and more precise output than would be possible for a human. In addition, robots cut down the cost of production by a considerable amount. If a company hires an employee to complete a simple task for $50,000 per year but could instead buy a machine for a one time purchase of $30,000, it is far more cost effective to buy the machine. Lower cost of production means that the goods produced can now be sold at a lower pricepoint which passes the savings on to the consumer. Companies producing goods rightly contend that the use of machines to complete low-skill jobs has only positive impact for......

Words: 570 - Pages: 3

A Guide to Formal Ethics: Developing Ethics Programs for Today's Workforce

...Running head: A GUIDE TO FORMAL ETHICS A Guide to Formal Ethics Developing Ethics Programs for Today’s Workforce Jessica L. Krauter Western Governor’s University A GUIDE TO FORMAL ETHICS Abstract This paper is an ethics program that was developed as a part of a new employee handbook. This was written under the scenario that a new ethics officer for Company X has been charged with the task of creating said program. The program is expected to include standards and procedures section, an ethics training section, a section regarding employee misconduct and a plan for evaluating and improving the ethics program after implementation. Due to the increased scrutiny on the actions of corporations and those who act on behalf of organizations, there has been increased attention placed on the ethical actions within organizations. Many organizations have responded to this increased scrutiny by establishing formal ethics programs to address what are appropriate actions for those working for the company. Increasingly, more corporations are viewed not merely as profit-making entities but also as moral agents that are accountable for their conduct (Ferrell, Fraedrich, and Ferrell, 2009, p. 204). A GUIDE TO FORMAL ETHICS Welcome You have joined a company that has set a name for itself in the towing and recovery industry. Our commercial contracts have shown......

Words: 2107 - Pages: 9

Workforce

...Mbogo .W.A (Moi) Professor Instotution affiliated Date of submission Background Information Workforce planning in general entails a process of ensuring that there is an understanding of the current workforce in an organization and the environment that they are working in, and that which they are expected to work in the future. The makeup of the current workforce should be taken into consideration when dealing with the planning process to ensure that the ultimate goals of the organization are met especially due to the dynamism in the business sector. One of the main goals of workforce planning is to a large extent assisting the managers with a framework that will help them make informed staffing decisions which are in line with the organizations budgetary resources, strategic plans, and mission. Therefore the integration of areas that are normally neglected in the business such as attraction and retention, job re-design, recruitment, separation, learning and development give meaning to the diverse areas of human resource management which are considered in isolation. Strategic Objectives The objectives of the organization are going to assist the manager to be able to link the mission or the vision of the organization with the actual outcome. After carrying out the workforce analysis, there is a need to place the targets of the organization in place. This involves setting attainable goals or objectives that will assist the manager to be able......

Words: 1509 - Pages: 7

Workforce

...shortage: 3 Age barriers: 4 Managing an aging workforce: 5 Fair employment practices and recruitment policies: 5 Training, development and job’s design: 6 Flexible working practices and outsourcing 7 Changing attitudes within organizations 7 Conclusion: 9 Word count:2,087 words Introduction: Managing the Aging Workforce today is one of the important topics for the world’s organizations. The increasing average life expectancy of populations does not only affect economic, social systems of countries and communities, but also has a strong impact onthe business activities of enterprises.The demographic changes rapidly will not only hitcountries such as United State, the Western European countries, Australia, or Japan, but also the upcoming countries as China, Singapore or Hong Kong. There are more than two million Australians aged 65 and over, and the number will double in the next 40 years. In Hong Kong, 11 percent of the population is 65 or older and this will increase to 25 percent in less than 30 years. Japan, with 20 percent of its population aged 65 years or over, has become the world’s most aged society, and this, combined with its extremely low birth rate means its population is projected to shrink by 20 percent over the next 50 years. Europe too faces similar demographic problems. By 2020 more than one in three adults will be at least 60 years old. (Raymond, 2010). How do organizations anticipate their workforces and even jurisdictions may change due......

Words: 2299 - Pages: 10

Workforce

...industries such as financial services, so the contribution of the workforce to organization success is perhaps the most important lever to competitive advantage. In fact, the challenge of containing costs while developing a high performing workforce is a primary challenge facing most companies today. But, do organizations know enough about their workforce to optimize the workforce lever? We all know the US workforce is aging, with the number of people 55 and older holding jobs hitting a record 28 million in 2010. At the same time, the portion of people ages 16-24 in the labor market was at the lowest level since the government began tracking in 1948, falling from 66% in 2000 to 55%, just 17 million of the overall employment base1. Leaving aside the obvious issue of where we get replacement workers for the retiring workforce, these two employee cohorts are quite different. The ways organizations will hire and retain these workers going forward must be different as well. Retaining older workers requires retention programs that include part-time or project-based work. Hiring Gen-Xers and Gen-Yers requires new approaches and retention programs that must provide them with career development and choices about where, when and even how long to work each day. The older cohort is not yet as enamored with emerging social technologies that are becoming the primary means of communication and collaboration for the younger workforce. The older cohort has a wealth of priceless......

Words: 7945 - Pages: 32

Workforce

...This is my final paper for my MS Workforce 2020 Project: You have been appointed by your organization/business to prepare its leadership training program that will address Workforce 2020 issues. Using U.S. federal guidelines, your texts and other available and related resources, forecast what the economic, social and demographic parameters are expected to be in the U.S. in the year 2020 and how those trends will or will not be reflected in your business. Consider your organization's organizational structure, market/customer diversity and other factors to determine how demographics will impact it. You should also consider any other changes in the economic or technological environment in which your organization operates. make the case for the kind of leadership training that will best prepare your organization's/business's middle- and upper-level staff to work in the future environment. Topics you may want to consider for inclusion (among others) are: diversity management, leadership models, ethics, decision making models, problem solving and conflict management processes, and communications. Identify the outcomes from the training that will strengthen your organization/business. In this instance, "training" can be formal classroom-style workshops, online individualized programs, and even group discussions led by peers: be creative. The report should be prepared as an Report for your CEO of between 10-12 pages. This includes a one-page Executive Summary. The......

Words: 350 - Pages: 2