The amount of change happening in the world today is accelerating, creating a continuous challenge for how companies stay ahead of it all, decide where to invest, think about the future, and innovate in ways that enable them to do the disrupting, instead of being the ones disrupted.
As a futurist, my job is to anticipate change and stay on top of current trends. There’s a new generation entering the workforce – Generation Z. Following Millennials, this generation includes those born between 1995 and 2010. While being defined as the most ethnically-diverse and largest generation in American history, Gen Z also grew up surrounded by technology, also making them the most tech-savvy generation.
I’ve previously provided some thoughts on thinking like a futurist and today, we’re diving deeper into the role Gen Z plays in the future. Here are my tips for how to collaborate with Gen Z:
It’s important to acknowledge the obvious differences that divide each generation. For example, Gen Z grew up in a post-9/11 world with new technology and completely different childhood experiences than those of previous generations. With technology constantly at their fingertips, this generation of “digital natives” have had nearly lifelong access to boundless amounts of information at the drop of a hat. In fact, 97% of Gen Z have smart phones and spend more than 4 hours a day online.
And because they’ve never spent a day offline, they are acutely aware of the issues and challenges happening in the world around them. As a result, they are 54% more likely to say they want to have an impact on the world as compared to millennials. Also noteworthy is their attitude towards work and employers; almost half consider what the company does to make the world a better place as important as the salary.
By becoming familiar with Gen Z, and by understanding the different era and experiences they’ve grown up with, you’ll gain a better understanding of how to effectively collaborate with them. Whether it’s through asking questions, doing research, or understanding current trends, you won’t fully see eye-to-eye with this generation until you put yourself in their shoes.
In the next decade, Gen Z is expected to cause an influx of roughly 60 million job seekers, effectively transforming the workplace. Concerning their careers, Gen Z-ers are very driven and competitive. Nothing motivates them more than achieving success and being rewarded for their good efforts. They value skill development and appreciate feedback, as they are always hoping to improve their performance. A controversial topic amongst Gen Z is the debate over work-life balance. It can be argued that this generation struggles the most with this – 24% say they feel guilty for taking time off work. On the other hand, 39% view work-life balance as a top priority when choosing an employer. Knowing these statistics as an employer can help foster a healthy work environment for future employees.
When choosing where to work, Gen Z will base their decision on the company’s values. This generation’s passion for sustainability, diversity, and inclusion reflects in their expectations for their future employers. Studies show that 77% of Gen Z believes a company’s level of diversity affects their decision to work there.
As any futurist knows, one of the most important ways to prepare for the future is to stay up to date with the latest trends. This applies to Gen Z trends as well. The more informed you are, the more prepared you will be to work with this generation.
Here are some resources for futurists to better understand Gen Z:
We can all benefit from learning from one another. As this new generation enters the workforce, preparing through a lens like this will allow us to better understand and support them in their journey as they embark on this new chapter.
Innovation is significantly shaping our world. It’s the number 1 topic I’m asked about. Whether it’s at the HP offices, at customer or partner events, or when I speak at conferences, people want to know how they can tap into their own inner innovator, and spark innovation at their company.
When you picture an effective leader, what comes to mind?
A deep understanding of their industry, self-awareness, decision-making skills, integrity, transparency, and being empathetic are some of the things that come to my mind. Leaders with a high degree of emotional intelligence earn the trust of and inspire their team to reach their full potential.
In 2016, I wrote an article titled “Robots Aren’t Taking Our Jobs, They’re Transforming Them,” in response to a flurry of articles I read about robots taking over the workforce in the coming years. Now, nearly four years later, we see the same headlines.
While innovation is happening at an astonishing rate, we’re still nowhere near a Westworld-esque future where robots and automation rule. Robots have come a long way, but still need human expertise and skills to function. Therefore, the outcome is less likely a replacement of humans, but rather a reskilling.
There is a valid concern over the possibility of increasing inequality in our automated future. Once robots enter the workforce fully, most highly-skilled, educated workers are likely to experience a smaller shift in responsibilities than their less-skilled, educated counterparts. In order to adapt, those with fewer skills and education will likely have to expand their abilities to either empower them to work with robots or fall within the realm of abilities that robots currently lack, such as emotional intelligence and creativity.
For those that adapt to work alongside robots and automation, most will experience an increase in job quality, or even safety. For example, customer service professionals have been using AI chatbots for a few years now, and chatbots like bold360 allow the AI to answer the simpler questions, giving the humans more time to focus on complex customer issues. For example, HP’s virtual agent helps its support team sort through nearly 600 million technical support requests each year. There are also bomb disposal robots that use VR to allow soldiers to pilot them while disarming bombs from a safe distance.
It’s predicted that, despite disruption, there is still a net positive outlook for jobs. In other words, though 75 million current roles may be displaced by technology, 133 million entirely new roles may emerge simultaneously. These roles will likely be of two categories, one that deals predominantly with emerging technologies, like IT Services or AI Specialists, and one that provides the exclusively human touch, such as Designers or Human Resources.
Other reports, like this one from Brookings Institute, find that approximately 25% of US jobs are likely to be affected by automation. At face value, this number can seem concerning, but it’s important to remember that the process of implementation will still take time.
In the time it takes for the world to fully implement robots and automation in the majority of work systems, humans will be able to adapt and learn new skills, especially if they are empowered by their employers. Some are calling this the “Skills Revolution,” which refers to the fact that the skills required in the workforce are changing at a rapid pace. In the face of this, workers must embrace continuous learning opportunities, and employers must provide ongoing training to future-proof their employees.
To do just that for your employees, consider the following steps:
Pay attention to trends
As a futurist, I am constantly on the lookout for new Megatrends and patterns that may affect our future. This skill has served me and many others well over the years and has helped HP prepare itself for the years to come.
When it comes to future-proofing yourself in the face of automation, pay attention to new careers and job opportunities. It’s predicted that 65% of the jobs that Gen Z will perform don’t even exist yet. If you are able to spot a job trend and properly prepare for it, you could help usher in an entirely new career field.
Embrace lifelong learning
Gone are the days where you could learn a set of skills, perform them for the rest of your life, and earn a living. Nearly all careers require the occasional training or upskilling, but soon it will be necessary to dedicate time to learning on an ongoing basis. For some, this could mean improving their existing abilities and adding complementary skillsets, but for others it could mean learning an entirely new skill. It’s predicted that 42% of required skills will change by 2022, requiring the average worker to adapt to new tasks such as analytical thinking and negotiation. To adjust to these new skills by 2022, employees will need 101 days of training on average.
Thankfully, there are plenty of resources that will help, like Coursera and Lynda, as well as an emergence of recognized online higher education.
Maintain a growth mindset
How do you cope with challenge and difficulty? Do you give up when you feel that something is out of your range of abilities, or do you accept it as a learning opportunity? To maintain a growth mindset, you must learn to embrace challenges and failure as opportunities for growth, rather than letting them stop you in your tracks.
Read “The Power of ‘Yet’ – Developing a Growth Mindset” for more information!
When you develop a growth mindset, you’re able to have the confidence to push through challenges, and this persistence will help you prepare for our automated future. Whether this is a small shift in your career or a larger transition to an entirely new field, a growth mindset will help you see things through a positive lens.
In honor of World Mental Health Day on October 10th, I want to discuss the importance of taking care of yourself as an entrepreneur.
Oftentimes, as an entrepreneur, taking care of your own mental health can feel like the last thing on your list. In an environment where you’re focused on creating a successful business, it’s easy to put your well-being on the backburner. Some may even see this as a badge of honor.
The numbers are concerning. A report found that 72% of entrepreneurs experience some type of mental health issue and are “significantly more likely to report a lifetime history of depression (30%), ADHD (29%), substance-abuse conditions (12%), and bipolar diagnosis (11%).” Unfortunately, many entrepreneurs feel the need to hide these issues, for fear that it will affect their business and their personal lives.
Thankfully, the conversation around mental health is shifting. Healthcare professionals are moving away from a separation of mind and body to an integration, understanding that mental health is just as important as physical health. Companies are creating empathetic policies that encourage a more open and understanding workplace. Most importantly, people all over the world are working to erase the stigma behind mental health issues, including CEOs, grad students, Greek police officers, and Florida public schools.
If you’re an entrepreneur or startup founder (or just want to concentrate more on your well-being), here are my top tips for balancing your mental health with your growing business and working through the “founder’s blues”:
Throughout your week, schedule time to simply hit the pause button. Take this time to breathe and reflect on your week. What have you accomplished? Where can you improve? Ask yourself these questions, but be sure to speak to yourself in a kind way. We are often our own worst critic, and it’s important to recognize that harsh self-talk is linked to depression, low self-esteem, and anxiety.
This time for self-reflection is essential for everyone, but especially if your schedule is jam-packed. In a start-up world that’s focused on external factors like funding, hiring, and planning, it’s easy to ignore internal factors. When the internal is ignored, recognizing and managing emotions can be difficult. It’s important to prioritize time and stick to your schedule.
In the world of entrepreneurship, burnout is a real issue. The World Health Organization has recognized burnout as an official disorder. Oftentimes the symptoms are ignored or minimized, which can lead to more worrisome issues down the line.
If you notice symptoms such as feeling cynical about your job or emotionally drained by your work, don’t ignore them. They are an important sign that you need a break, and you should honor that by taking some time off to recalibrate, even if it’s just for a day or two. You will come back to your work refreshed.
Entrepreneurs wear several hats, especially when they’re near the starting line. Over time, you may feel like your life is a constant juggling act, so it’s imperative to find balance. Manage your time and stick to a schedule to alleviate any stress, and delegate whenever possible.
If you find that certain tasks cause you more stress than others, find ways to change the tasks to be less demanding, or find someone on your team you can delegate them to. If that is not an option, consider outsourcing to an agency or contractor.
You don’t have to be an Olympic athlete to be an entrepreneur, but it’s important to treat your body well. Is your diet giving you the energy and nutrients you need throughout the day? Are you making time for moderate exercise? Unfortunately, running from meeting to meeting doesn’t count. Physical exercise is crucial to mental health. Any type of exercise will help promote improved mental health, however the social aspects of team sports have the strongest effect.
Don’t focus on perfection. Instead, do what you can to eat nutritious foods and stay active. If you’re able to hire a personal trainer and nutritionist, do so. If that isn’t possible for you at this time, there are a plethora of resources online that can help you get where you need to be, such as Lifesum for nutrition and Fitocracy for personal training.
You may feel alone in this, but that is far from the truth. As mentioned before, 72% of entrepreneurs have reported dealing with some mental health issue. Many of them have created communities and groups that deal with these problems together and support each other. If you feel comfortable, join one of these communities and learn from others who are dealing with similar issues. Search online or ask your network for these communities or use an online service like 7 Cups of Tea to find anonymous support.
On a related note, consider finding a therapist who works for you, online or in-person. There are mental health professionals who specialize in executive leadership, and they can help you through all the ups and downs that you may experience.
Mental health does not discriminate; in fact, it affects one in four people globally. It isn’t always easy to talk about, but that’s rapidly changing due to increasing awareness and leaders who are open about their journey. By prioritizing your own health, you can inspire and encourage others on your team and in your community to do the same.
As the pace of change continues to accelerate, one thing is certain. The future will look very different than it does today. I believe this accelerated innovation and the Megatrends driving it
will have a sustained, transformative impact on the world in the years
ahead — on businesses, societies, economies, cultures and our personal
lives.
This change is inevitable, and those that anticipate and
embrace it will be the revolutionaries of the experience age. In fact,
adapting to the changes is the difference between leading change and
being led by it. Unfortunately, there is no magic pill. No silver
bullet. It takes dedication and thought. So, how can you lead the way
and future-proof yourself?
When I was in college, a single computer took up an entire room. Yes, am dating myself a little here…. Now, we hold computing devices in the palms of our hands. In fact, we have more computing power in our pockets than all of NASA had when they put the first man on the moon in 1969.
Innovation is significantly shaping our world. And it’s the number #1 topic I’m most frequently asked about. Whether it’s at the HP offices, at speaking engagements, or when I attend conferences, people want to know how they can tap into their own inner innovator, and spark innovation at their offices.
Innovation is an attitude. As an innovator you need to believe you can change the world, that if you keep working on a problem you will eventually find a solution, and that anything is possible. Innovators have a passion to make things happen. They relentlessly take action.
Start with small things. Have lunch every week with someone outside of your team. Talk to them about what they do and how they do it. Innovation is about leveraging diversity, and the more you know about more things, the better you will be able to innovate.
Write
down your ideas. Sometimes the simple act of writing things down can
bring your ideas to life. You never know when that list will come in
handy.
Once you become comfortable with those, move on to larger mindset shifts.
Question your assumptions about everything. Many times, the “right” way to do things can be altered and improved, it just takes someone to question the underlying assumptions. Ask yourself, how can this be improved? How can we make it better?
“In times of change, learners inherit the earth, while the learned find themselves beautifully equipped to deal with a world that no longer exists.” –Eric Hoffer
If you have a fixed mindset, your qualities are carved in stone. If you lack a skill, you will continue to lack it. However, when you adopt a growth mindset, you can grow and change through persistence and experience. With a fixed mindset, you can be easily overwhelmed with the future’s uncertainty, but the future belongs to those who can adopt a growth mindset and keep learning.
I’m currently learning about Quantum Computing by reading “In Search of Schrödinger’s Cat: Quantum Physics and Reality”.
I’m very interested in how the line between science and philosophy is blurring. It seems where science doesn’t have all the answers (e.g. quantum mechanics and the true nature of reality), philosophy comes back to the fore to help us imagine the possibilities that we hope science might one day prove out. Consider Einstein’s original thought experiment about sitting on the end of a light beam (philosophy) and how that led him to the special theory of relativity (science). Both are equally important for charting the human future in a world of accelerating change and technology.
A Nielsen study examined the impact of collaboration in the development stage of innovation. It showed ideas developed by teams of three or more people have 156% greater appeal with consumers than those developed by just one or two people who played a hands-on role.
Ideas developed by teams of three or more people have 156% greater appeal with consumers than those developed by just one or two people who played a hands-on role.
Connect with people in your field (current or desired) by discovering how they think and their vision of the future. When you get to know one another, you feel more comfortable sharing ideas and voicing your opinions, creating healthy collaboration.
Stay current on trends by reading, watching, and listening to sources you trust. As a futurist, my job requires a keen understanding of how the world around us is evolving, the global forces that are dramatically changing the landscape of markets and industries, and trends that are reshaping customer expectation.
At HP, we’ve formalized our analysis and forecasting process into a body of work we call Megatrends, a systematic effort to identify the global technological, economic, and social currents that are influencing how people will live and work around the world in the future. Take a look at this year’s report that looks at how innovation and disruptions in economics, data, automation, and energy impact megatrends.
Personally, I stay on top of trends by reading the latest technology news, speaking with customers and industry pundits, paying attention to university and academic research areas, monitoring venture investing trends and start-up activity. I also draw from my personal experiences, media coverage, and public data sources.
It’s important to have a vision and desired outcomes in mind. Then explore how trends and technologies can help you realize those outcomes. Ongoing problems the world is facing, like poverty and climate change, cannot be solved with short-term thinking. If we want to move forward and create the future we want, we must adopt long-term, futuristic thinking.
Once you’ve identified the trends, come up with proactive statements about where you think the future is going. This is something that true disrupters do. So … ask outlandish questions, free your mind, and push yourself outside of your box. The future is yours to create.
After
all that, are you feeling a bit frazzled? We spend hours pondering how
we can stay ahead of this change instead of being led by it. Even if we
could predict the future perfectly (which, of course, we can’t), we need
to be willing to reinvent ourselves continuously as all of this change
in our world occurs.
It’s okay to take a break from
future-proofing yourself. Read a book. Take a walk outside. Listen to
your favorite music. Give your brain a chance to breath and recharge.
Our future will be transformed by people like you, who are strategic thinkers, quick to innovate, and passionate. What do you think? What skills or mindsets will we need to adopt today for the future? Sound off below. 👇
I recently completed the Kokoda Track with a group of my oldest and best friends. For those of you who don’t know, the Track is a historical trail in Papua New Guinea. When I was preparing for my trip to Kokoda, I knew that I was in for a long journey full of challenges. An eight-day trek on difficult terrain was bound to test me. It was also bound to teach me important lessons that I could take back to everyday life. So, without further ado, here are the most important lessons I learned while powering through the Kokoda Track:
As I previously talked about, I committed to preparing for this trip. I knew it was going to test me physically and mentally, and I wanted to give myself the best possible tools and training to get me through it successfully. I hiked long miles on weekends and did hours of research on the best gear to take and what to expect on the Track. By doing this, I made sure that I was well-prepared for the different obstacles that I might face. Training ahead of time was key to my success on the Track and researching what I was in for made sure I didn’t underestimate the difficult roads ahead.
This is a lesson easily applicable to business and entrepreneurship. When you’re vying for success, prepare for success. This isn’t always the same as making detailed plans ahead of time, plans always change, but being prepared is also key to being able to adapt to unexpected changes or roadblocks to achieve your objective. When walking into an important meeting or launching a new start-up, make sure that you’ve put in the work to be successful.
I was very lucky to be surrounded by some of my oldest and closest friends on this trek, so when any one of us was struggling, we knew we could turn to each other for support and motivation. To have that support is an essential part of success in any aspect of life, so when times get tough, make sure you’re doing it with the right team.
People often say that you are the average of the five people you spend the most time with. Are you surrounding yourself with the right people? Whether it’s in business or your personal life, you want to make sure that you have a support system that is empowering.
It’s natural to want to avoid difficult times, but it’s in those moments that you experience the most growth. Embrace those moments and use them to build a stronger, better team. Throughout the trek, each of us went through struggles and doubts, but as the trek went on, we became closer because we were able to rely on one another.
Hard times can always teach you something. When you’re going through something rough, take a moment to think about what you’re learning. How can you apply this to future situations? How can this make you a better version of yourself? Embrace that learning and use it to improve.
Though our journey was extremely physically challenging, it was also very mentally challenging. It was crucial to spend time getting centered before setting off on each day’s trek. Achieving and maintaining that level of balance was a constant battle, and it’s important to pace yourself.
Do you take time each day to check in with yourself? Would you consider yourself in balance? If not, try starting your morning with a brief morning meditation or just find some quiet time during the day to center yourself. There a number of resources that can help you with this, like Headspace, Calm, and Ten Percent Happier. A strong, healthy mindset is important to taking on any new challenge.
When we walked through the end of the Kokoda arches, it was very emotional. We looked back on what we’d accomplished and truly took a moment to reflect on what we’d just been through. It was a huge achievement that we’d managed together, and we congratulated each other on our success. Then, we got beers.
Don’t be afraid to celebrate your successes, big or small. Every day is full of challenges, and with the right mindset you can crush them all. So be sure to treat yourself and your team when you reach new milestones, and then get excited for the next one!
What’s the biggest challenge you’ve faced and how did you handle it? I’d love to hear about it in the comments!
Did you know the 4D printing industry is expected to be worth upwards of $537 million by 2025 and grow by a CAGR of 42.95% between 2019 and 2025? This is being driven by the need to reduce the costs of manufacturing and processing in the face of an increasing focus to ensure a sustainable environment. Today, I’m diving into the top 4 questions about 4D printing:
Overall, how 4D printing evolves in the future is up to the innovators and makers of the world. We must remain open to fresh ideas, new tools, and collaboration from all industries
When I look at the friendships I’ve had over my life, some of my closest friends are the ones who I’ve been through the hardest times with. If you’ve ever been through a difficult experience with a group of friends, you know how much of a bonding experience it can be. You remember it for the rest of your life. Usually, these experiences aren’t planned, but about six months ago, a group of my oldest and best friends and I decided to take on what may be the most difficult challenge we’ve faced as a group yet. Over the last 20 or 25 years, we’ve reunited in many places near and far, but this year we’re tackling the Kokoda Track.
For those of you who don’t know, the Kokoda Track is a historical trail in Papua New Guinea. This track is well-known in Australia, as a very famous episode in Australian history took place there during World War II. It was at a time when Australia was at risk of being invaded, and this was the last point of defense before the Japanese potentially took over Port Moresby, the capital of Papua New Guinea, and then from there could launch attacks and raids into Australia. Australian troops were sent into Papua New Guinea to protect and defend the country from this threat.. These heroes fought in the most difficult conditions, and the Kokoda Track became their battleground. For many Australians, walking the Kokoda Track is the chance to walk in the footsteps of those men and better appreciate the hardships they endured under and the sacrifices they made for their country. It’s a personal challenge but also a walk of remembrance and appreciation. I imagine it will be quite emotional because of that, walking in those footsteps and imagining what it must have been like for them to endure the unimaginable conditions of the Kokoda Track during World War II.
It’s such a difficult track that I wasn’t sure I could do it. I’m still not, if I’m being honest, but the challenge appealed to me, and I’ve learned that having a really difficult goal motivates you to train hard. My friends are also extremely motivating, though not in the way you might expect. The Australian ethos between good friends isn’t so much encouragement, but rather a playful goading. It’s perfectly acceptable, and more than that, it’s expected.
While we’re not able to physically train together since we live all over the world, we do share our progress over WhatsApp and AllTrails, an app that allows you to download maps and find trails near you. In the very beginning, one of my best friends, with whom I have a very competitive streak, posted an AllTrails update that he had walked 13.5 miles. Of course, I had to one-up him, so I went out and walked 15 miles. I could hardly walk for a few days afterward, but since then it’s been this escalation of what everyone’s doing to get ready. The next week, I saw that he planned to tackle 26 miles, and I was 20 miles into it before I realized that it was actually 26 kilometers, since he is based in Australia, and I’d done 32 of those! It’s friendly rivalry, and it’s how we’re motivating each other to stick with it and put in the hard work.
Another weekend on the trails gearing up for Kokoda! https://www.alltrails.com/explore/recording/recording-jan-21-05-02-pm–2
Since I’m over 50 (shhh, don’t tell anyone!), I had to complete a stress test in order to have medical clearance to take on the Kokoda Track, so they’re sure that you won’t have to leave the trail in a helicopter (still a possibility, I think). It’s a big mental challenge, knowing that in 15 minutes a treadmill is going to work you to the point of exhaustion, and your only focus is to stay on it as long as you can without collapsing. You’re like a hamster on a treadmill, almost literally. When you start, you know it’s going to be hard, and part of you is excited about testing yourself to see how far you can go. The other part, however, is full of dread for the pain that’s coming. The point is, you always have to push yourself past what you think you can do to continue to improve, and most of that is mental not physical. I know this trek is bound to be difficult, but I know I’m more prepared now than I was when I started. No pain, no gain, as they say.
Another part of being prepared is making sure you have all the right gear. I’m big into researching things, so I watched tons of videos and read all of these books and blogs about the Kokoda experience. Considering that the longest walk I typically did was from my house to the beach, it’s fair to say doing a 10-day backpacking trip was all new to me. I spent many hours going through the packing list, which has a weight limit, and choosing the right items to pack. I knew that hiking boots are extremely important, so I bought those nearly 4 months ago so I could wear them and break them in. I similarly went through hours of analysis for each piece of equipment to figure out which was the best to take. I researched how to purify water. It’s a science in and of itself, how to stay hydrated on a trek like this. It’s also important to learn how to prevent and treat blisters. You don’t want to overlook things like that or the trek becomes nearly impossible. In many cases it’s the little things that matter most.
A great view makes the hard climbs worth it! https://www.alltrails.com/explore/recording/nisene-marks-forest-jan-13
So why am I doing this and why all the hard work? I want to prove to myself that I can do this, and I want to do it in style. I don’t want to be crawling, panting, crying or struggling. I want to be looking up at the sky and nature around me. I want to really enjoy this experience with some of my closest friends. I want this to be one of the things that I look back on, like other big milestones in my life, and remember the experience and everything that went into achieving it. And when I’ve finished the Kokoda Track, I hope to pass on valuable lessons in perseverance, attitude, and working through hard times, which apply to everything from personal growth to entrepreneurship.
Let’s just hope I don’t get lost!
Andrew Bolwell 