We’ve seen the increasing rise in globalisation. But what if fairly much anything could be done anywhere? With the speed and range of technology, with the widespread use of English language. Why do anything in the UK or US? What is the competitive advantage?
When security of employment is completely eroded. When careers become portfolio careers. Not as a lifestyle choice, just as a lifestyle. Where long periods of unemployment follow periods of employment as labour markets move fluidly across the world. Where skills and knowledge are of an absolute premium and history means nothing. Where you can look almost anything up on the internet, within seconds, for free.
A portfolio lifestyle might look attractive but if you can do your job from your rural idyll in Dorset, someone else can do it cheaper from Bangalore.
This set me thinking too:
How will we react when natural resources become a competitive advantage? When energy is king and the countries with the natural resources become stronger and those without weaker. Where to stay ahead you need to go where the resources are, not expect them to come to you.
Or when strong states seize those resources to secure exclusive access to them. It might be that climate change and competition for resources could throw globalisation into reverse.
The HRD wonders:
Are you ready for change? Because you need to be and I can tell you for certain, your company isn’t.
What really worries me is that I’m not sure our government is either.