Converging megatrends are reshaping how companies are structured and managed, the jobs people do, their motivations and perceptions of work and the organisations that employ them. Change is the defining characteristic of each of the megatrends. Their other dominant attribute is a significant impact on people. The HR function is therefore uniquely positioned to help organisations adapt to these trends, and many HR professionals believe that the function is on the cusp of change. Jobs of the future will look radically different in the coming future. The same holds good for the organizations and the HR function in particular
The background paper, prepared at the backdrop of CII India HR Crystal Ball by CII and its Knowledge Partner - KPMG India on 24th August 2017 at Delhi. The Paper identifies the basic social, economic and technological tendencies or “megatrends” that will affect businesses in the next three to five years, in order to anticipate and prepare for the ensuing transformations that are needed.