Page 13 - FDI Alliance International Magazine. Spring 2021 Digital Interactive Issue
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▪ FUTURE OF WORK ▪


























 RONNIE L. BRYANT CECD, HLM, FM  PETER A. CRETICOS PH.D.
 PRINCIPAL  PRESIDENT & EXECUTIVE DIRECTOR
 RONNIE L BRYANT, LLC  INSTITUTE FOR WORK & THE ECONOMY






 It is too early to know the extent of the permanent  in their service areas? The businesses that need   was that we cannot afford to return to the world   protections afforded people in “traditional jobs.”   of our future forward work world, the impacts   debt burden is a clear indicator that tuition and
 changes generated by the COVID-19 pandemic.   help with developing, aligning, and engaging   that existed at the end of 2019.  Remote workers drawing regular paychecks will   will be profound. Certainly, the commercial   fees are unsustainable for many students. Local
 There is a myriad of questions. What will be the   their far-flung workforce?   realize that they, individually and collectively,   office environment is already and will continue   public funding support, along with fee-for-service
 ongoing impact of working in a virtual business   Some believe that barriers will recede for some   share similar challenges with their peers. They   to evolve to support an amalgam of on-site   contracts with local businesses, will be adversely
 climate and the effects of a ‘Zoom World’ on   At the same time, certain industries will return   workers, e.g., people with disabilities, people who   may soon find themselves to be part of a labor   and remote workers. Global headquarters   affected as the boundaries of labor markets
 everyday life? We know that freelance work -the   to face-to-face operations. In-house data   live isolated in both rural and urban settings, and   pool that has no geographic boundary. More   and other geographically centered key office   expand. Just-in-time online training providers will
 gig economy- was already growing well before   operations  will still  require on-site support.   those who have responsibilities that restrict what   and more of their coworkers may not live in the   locations may become more dispersed in order   more than ever have opportunities to offer less
 2020, but it is now expanding more rapidly than   Manufacturing, warehousing, transportation   they can do outside of their homes. Others were   same city, or even the same state or country. They  to take advantage of competitive factors in other   expensive and more customer-friendly services
 ever. There also is a massive increase in remote  and coordination, food processing, restaurants,   more inclined to think that the events of 2020   may discover that colleagues holding the same   locations: less expensive communications and   than traditional brick-and-mortar providers.
 work by people earning a regular paycheck. If   hotels, and customized personal services will   extending into this year, ¬if left unaddressed, will   job may have skills that are more advanced but   utilities, more favorable legal and tax protections,
 we are to believe the pronouncements of many   continue to require direct, in-person human   exacerbate gaps in wealth, income, and family-  who earn far less money. They may also live in a   greater security, and a low-cost on-site labor   There is a myriad of feasible futures of work.
 major employers, remote work will be a key   interaction, albeit configured differently. This   supportive careers. These gaps will widen even   country that provides universal health care and   force. Restaurants and hotels that rely on proximity  Public discourse on the impacts of the pandemic
 aspect of business in the global marketplace for  will further split career paths between remote  further for people who are already marginalized   not need the same employer-paid insurance.   to office centers will also have to develop new   is only beginning. States are focusing on the
 the future.  versus on-site jobs and will erode the options   by systemic racism, sexism, disablism, and agism.   They may see many more of their peers clamoring   business models to serve and retain their targeted  effects of new business models and have not begun
 for those who are trying to “work their way up  Frankly, we believe that the latter opinion is   for jobs. In the end, it becomes a “survival of the   customer base.  to dive into systemic business and societal differences
 Taken together, the growth in freelance and   from the bottom.” A person who works remotely   correct, however, the “if” is a BIG “IF.”   fittest’ mindset, which sets up an additional arena   that were revealed in 2020. Economic and
 remote ‘regular’ jobs will disrupt conventional   is removed further from face-to-face interactions   of issues for the future.  The workforce system at a high level will also   workforce development professionals are listening
 practices in economic and workforce development.   from which they can gain insights and experience  There are many possible trajectories for work   have to adapt. The focus now is on the needs   and learning from the global marketplace and
 One indicator is that architects are redesigning   from others. And those who are involved solely   and commerce in our exponentially changing   The risks are not confined to workers. Employers   of local employers, but that is changing and will   looking for indications as to how best shape long
 commercial office space to accommodate changes   in high-contact work or in the physical world do   world, and these  are within the capacity of   face new challenges as well. Sensitive records   accelerate as workers bear the greater share of   term strategies. Their challenge is to develop policies
 in utilization and workflow, as businesses also   not have an easy pathway into the digital world.  leaders to shape. For example, a venue can   that previously resided only on office computers   both risk and cost of keeping their skills up to date   and practices that support, build, and benefit our
 downsize office footprints.  Although our crystal balls are clouded, we still  become a destination for an active community   secured by IT staff may now be broadly accessible.     and competitive. On that point, revenue models   communities during this extended period of great
 can consider new frameworks to guide economic   of freelancers who will challenge themselves and   Gig workers can come and go without notice   for training and education institutions are also   uncertainties.
 Although major employers routinely recruit nationally   and workforce developers.  Throughout the   others to produce better solutions to complex   and carry with them the intellectual property that   out of synch. The burgeoning individual college
 and even globally, it has always been with the   course of 2020, the Institute for Work and the   problems. The ‘community collective’ scenario   they developed and that may, or may not, be
 mindset that employees will work in-person onsite.   Economy hosted a series of “Day After” virtual   offers the opportunity for members to more   owned by the business that hired them. Remotely
 A normalization of remote work will change that.   conversations where we asked people who are   directly collaborate when it makes the best sense;   employed workers may be contractually bound
 Why incur the expense of relocations and hassles   on the frontlines in workforce, community, and   pooling the best and brightest available talent to   more tightly, but security and control are likely, by   RONNIE L. BRYANT, CECD, HLM, FM
 with visas for foreign workers when, thanks to   economic development, to imagine how the   meet needs and address issues.  technological default, still not as robust as when   Principal | Ronnie L Bryant, LLC
 technology, people can work from anywhere   pandemic and the awakening brought on by the   they are on-site. While many businesses may
 in the world more efficiently and effectively than   civil actions in 2020 can be leveraged to address   The potential benefits from this type of initiative to   return in varying degrees to on-site operations,
 ever before? If you are an economic developer,   inequities and inequalities in their worlds. They  the community, state, and nation are great. Keys to   there is no doubt a potentially significant number   Ronnie@RLBryantLLC.com           www.rlbryantllc.com
 this will upend office attraction, relocation, and   responded by talking about fundamental human   success include innovative policies and practices   of their workforce will remain remote or hybrid,
 retention efforts. In addition, training and public   and civil rights, as well as the lack of essential   encompassing fair compensation, opportunities   thus prompting businesses to rethink basic
 workforce systems will have to rethink who they   investments in communities that are functionally   to pause and learn new skills, mitigating  income   operational structures, processes, and protocols.  2215 Whitford Lane, Charlotte, NC 28210
 consider as their primary customers. The people   economic deserts.  Throughout, the consensus   gaps brought on by recessions, and comparable   If even only some of these changes become part




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