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How SMEs can thrive in the workplace landscape of the future

The rules of engagement will be different; skill requirements will shift

Published Mon, Jul 3, 2017 · 09:50 PM

THE workforce in Singapore is being totally redefined today, forcing organisations big and small to rethink how they manage talent.

Technology has a huge hand to play in this shift. It is allowing us to augment our abilities to work better and faster, as well as more flexibly and efficiently. However, it is also changing the landscape of how we work, and the relationship between "employer" and "employee".

A recent global study conducted by Korn Ferry found that 67 per cent of company leaders believe technology will create more value than people in the future; when they were asked to rank what their top five assets will be in five years' time, people did not make the list.

The changing workforce dynamics are of particular relevance to Singapore's small and medium-sized enterprises (SMEs) who employ 70 per cent of …

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