Real World Futures

Make way for new collar jobs

Date: 01 June 2018

The latest analysis of the future of work is paying more attention to what some future jobs might look like in a technologically disrupted world.

The international business advisers McKinsey and Co refer to “new collar” jobs coming from the reshaping of human roles and functions in organisations.

McKinsey’s latest report on the future of work describes a process of “unbundling” and “rebundling” work.

“Altering work allocation will allow companies to make the most effective use of different qualification levels in the workforce,” McKinsey says in its recently published research report. “In our survey, 40 percent of companies describing themselves as extensive adopters of automation and Artificial Intelligence expect to shift tasks currently performed by high-skill workers to lower-skill ones.

“Unbundling and rebundling work raises company efficiency and can also create a new set of middle-skill, ‘new-collar’ jobs.  “For example, registered nurses and physician assistants now do some of the tasks that primary care physicians once carried out, such as administering vaccinations and examining patients with routine illnesses.”

The Real World Futures program has been highlighting the “unbundling and rebundling” approach that is shifting thinking about the future of work to a less gloomy view of the future.

Our recent Real World Conversation featured one of the world’s leading researchers on employment, Oxford’s Professor Michael Osborne, who explained how many workers would be able to upgrade redundant skills to either step into new roles or roles that did not currently exist.

Real World Futures will continue to follow this theme with plans this year for a special event for our supporters to “meet the robots” in QUT’s lab and a deep dive into what job descriptions of the future might look like.

The McKinsey research highlights the rapid growth in technology skills over the next 15 years but also stresses the value of other skills we have been exploring – creativity, collaboration, communication and entrepreneurship.

 In fact, aside from technical prowess, entrepreneurship is defined as the fastest growing skill needed over the next 15 years.

The McKinsey research coincides with the annual ReCode conference in San Francisco where many of the latest impacts of technology on human behaviour will be discussed. Stay tuned. Real World Futures will keep you up to speed.

David Fagan

Director, Corporate Transition

Content sourced from QUT News Web Service.

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