This Week's Herman Trend Alert Talent Production and Attraction in 2015

The Herman Trend Alert March 16, 2005 The Rise of the Virtual Company Over the past decade, technology has emerged making the congregate workplace, physical facilities where people come to work, practically obsolete. As more people have shifted their routines to partial or total telecommuting, there are fewer people actually working in the company’s buildings, eliminating face-to- face communication, team meetings, and storage of immediately accessible information. As this movement toward people working in remote locations continues to evolve, more companies will become partially or wholly virtual. Already today, there are some companies that do not even maintain headquarters offices. People work from their homes—across the country or around the world, connected by cell phones, voice over internet protocol (VOiP), voice and video conference call systems, fax machines, and live video over the internet. Some people never share the same physical space as their co-workers. The changes in work relationships will contribute to the development of a whole new set of skills for managers, as well as for non-management employees. Communications and coordination of work can be considerably different when people never really see each other. Performance measurement will be based increasingly on results, rather that hours worked. The new virtual ways of operating will influence employers that do not shift to a virtual design as well. Virtual corporations will attract a wide range of people, many of whom will be seeking unusual work relationships, a greater sense of freedom and independence, or an ability to integrate their work lives with family responsibilities. People who are self-starters will find virtual work arrangements very comfortable. Quite a few workers will be reluctant to work in virtual companies, preferring instead to work in congregate workplaces. A growing group of people will find themselves in situations where they interact with virtual workers, often without realizing it. Young people will be attracted to virtual employment because of the independence and application of technology. Some will have been prepared by taking on-line courses. While they may be highly productive, these workers may not develop the social skills that are inherent in congregate work environments. This new breed of citizens will relate differently to politics, community life, and family. © Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." IS YOUR EMPLOYER AN EMPLOYER OF CHOICE®? Our effective, onsite seminars, workshops, and consulting can help you get there. We offer 1-, 2-, 3-hour, and full-day programs to help you communicate what it takes to become an Employer of Choice® and inspire your folks to get it done. In the future, being an Employer of Choice® will not be optional. Call Carol at 336-210-3547 to arrange a no-obligation conference call. Email info@EmployerOfChoice.com for more information. Or order the electronic version of the Employer of Choice book on your desktop for only $17.80 @ http://hermangroup.com/store/books_all.html#2. EMPLOYERS AND JOBSEEKERS: MARK YOUR CALENDARS Advertise at or attend VetJobs Virtual Career Fairs. VetJobs, the top veterans' job board, and PSI, the premier diversity job fair producer, are teaming up to launch these VeteransCONNECT events. Early employer registration is now open with employer loading by February 15th. Candidate loading begins March 1st. They anticipate 25-30 employers and have an attendee goal of 2,000 skilled jobseekers. Promoted extensively, early registration for this event begins is open NOW. To register or request additional information, please contact VetJobs at 877-838-5627 or e-mail info@vetjobs.com; they will forward an electronic flyer right away. Employers: Mention the Herman Trend Alert to receive a Bonus. CALCULATE THE HIGH COST OF YOUR EMPLOYEE TURNOVER With our Bliss-Gately tool, you can calculate the many hard and soft costs, down to the last penny. Great for justifying your investments in retention! At only $249/computer or $999 for a 6-site license, it is a real bargain! Visit http://www.hermangroup.com/store/software.html to order yours today! Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. 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