the changing social contract - bruce morton
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The Changing Social Contract
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Presented to Microsoft
DemographicallySociologicallyTechnologically
Economically…
We have entered a Social & Business Revolution
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Welcome to the 21st Century
In 2010 KPMG predicted the world
could progress 20,000 years in the next 100
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The Year 2000
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Business & work is now social – why?
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ConversationUser Generated
ContentCollaboration Community
!Collective
Intelligence(recorded and
about you!)
=
1 2 3 4
5
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Connect
Listen
Engage
Attract
Recruit
Develop
The World of Recruitment is Sexy Again!
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“When the rate of change inside an organization becomes
slower than the rate outside, the end is in sight.
The only question is when”
- Jack Welch
“When the rate of change inside an organization becomes slower
than the rate outside, the end is in sight.
The only question is when”- Jack Welch
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G
It isn’t just financial capital that is heading east and south
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By 2030, global middle class will double to almost 5 billion
Since 2003, 25 million people in Brazil have lifted themselves out of poverty
50% of India’s population is under the age of 25
25% of Turkey’s population is under 12
Second largest city in the world by 2015? 4th most populous country in the world?
Dhaka, Bangladesh – 22m (was 417,000 in 1960)
Indonesia (238m)
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Generational Shifts Across the World
80+
60-79
40-59
20-39
0-19
Developed WorldDeveloping World
Contrasts in Age Distribution in 2030
40% 30% 20% 10% 40%30%20%10%
The Hot Spots Movement
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Collaborate
Co-create Control
Connect
The New DNA
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Introducing the TalentSumer
Introducing the TalentSumer
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“We are about to see America unleashed in a way that our capitalism
model has never experienced and we
have never witnessed”
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Source: Deloitte and US Council on Competitiveness - 2011
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Source: Deloitte and US Council on Competitiveness - 2011
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The Perfect StormThe changing social contract
The economic recovery
The demand for skills in emerging markets
The growing need for contingent workers
Talent driven innovation
The passage of national healthcare
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So, what are we seeing companies doing to get ready?
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Source: Global BCG/WFPMA report ‘Creating People Advantage’
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Take a Holistic View
One World One Workforce
Make Work Social
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Where do we believe the talent
acquisition industry is headed?
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Integration
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