I love older classic movies. This week, looking through my modern “on screen” TV guide, I saw a classic movie scheduled for today, October 21st: Back to the Future, starring Michael J. Fox as Marty McFly (one of my teenage heroes). As it turns out, the 21st is no coincidence; at the end of the movie, Doc and Marty travel from 1985 to October 21, 2015! It’s fascinating to see what the filmmakers invented for the future and what has been realized so far.
You might be surprised at how much actually has turned into reality within the last 30 years. Lexus just recently launched its Hover Board, and some say this is close enough. Wearable technology, video calls and tablet computers were all a part of the movie’s vision of the distant future (i.e., today). If that weren’t enough, Pepsi is releasing its Pepsi Perfect bottle just like the one in the movie, and the Chicago Cubs are advancing in the postseason as predicted by the movie.
So I thought, what the scriptwriters and directors did 30 years ago is a really useful exercise. With that in mind, and a nice glass of red wine, I put myself in the director’s chair and went back to the future…of workforce management. What would the future world of workforce management look like 30 years from now and how can we shape the future?
- HR, Finance and Procurement have real-time data available to make the right strategic and practical choices regarding the workforce, for instance:
- What is the best global location to source the talent based on quality, time to hire and cost to pay?
- What is the best employment solution: a permanent employee, SOW project, or outsourcing?
- Candidates and hiring managers around the globe can schedule video interviews from their mobile devices and laptops, view company and candidate details, review job profiles and LinkedIn profiles, and so on—everything both sides need to know to be successful
- Talent pools are widely available and always up to date with pre-vetted candidates who select and rate their preferred employers—so “I know my talent” and “the talent knows me”….
- Artificial intelligence and machine processing are prevalent in the workforce. Do we even have a human workforce in the future? Or will the robots take over?
On that last point, the daydream may have gone a bit off the rails, yet it did strike me just how far workforce management has progressed in the last 30 years. But how equipped is the industry to cope with the demands of the next 30 years?
Here at IQN, we are already taking the necessary steps to make my ‘back to the future’ on workforce management come true by introducing our new IQN Compass platform. In addition, we recently expanded our ecosystem with three new partners enabling new features and capabilities. This assures me that my movie will be as successful as the original one in predicting and realizing the future—although I must admit that Marty McFly is better looking than I am.