The Changing Social Contract - Bruce Morton
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The Changing Social Contract
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Transcript of The Changing Social Contract - Bruce Morton
The Changing Social Contract
Presented to Microsoft
DemographicallySociologicallyTechnologically
Economically…
We have entered a Social & Business Revolution
Welcome to the 21st Century
In 2010 KPMG predicted the world
could progress 20,000 years in the next 100
The Year 2000
Business & work is now social – why?
ConversationUser Generated
ContentCollaboration Community
!Collective
Intelligence(recorded and
about you!)
=
1 2 3 4
5
Connect
Listen
Engage
Attract
Recruit
Develop
The World of Recruitment is Sexy Again!
“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
G
It isn’t just financial capital that is heading east and south
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)
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
Collaborate
Co-create Control
Connect
The New DNA
Introducing the TalentSumer
Introducing the TalentSumer
“We are about to see America unleashed in a way that our capitalism
model has never experienced and we
have never witnessed”
Source: Deloitte and US Council on Competitiveness - 2011
Source: Deloitte and US Council on Competitiveness - 2011
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
So, what are we seeing companies doing to get ready?
Source: Global BCG/WFPMA report ‘Creating People Advantage’
Take a Holistic View
One World One Workforce
Make Work Social
Where do we believe the talent
acquisition industry is headed?
Integration
![David Morton: The Changing Role of Local Journalism [Dec 2014]](https://static.fdocuments.in/doc/165x107/55a600b81a28abc9498b45ef/david-morton-the-changing-role-of-local-journalism-dec-2014.jpg)
