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M5 Assignment 2 Submission
Assignment Due February 7 at 11:59 PM
Assignment 2: LASA 2 Assignment—Workforce 2020 Executive Report
Both leadership and organizational strategy in the next decade will see major trends affecting the way organizations conduct business. These include the deployment of more technology to extend reach and access, increased globalization, increased diversity, more focus on extended supply chains, and a more nomadic workforce. In this assignment, you will consider these trends and analyze how they may impact your selected organization and what actions are necessary to get ready to address these trends.
You have been appointed by your organization (either a hypothetical one or one you are familiar with) to prepare its Workforce 2020 executive report.
The report should be as detailed as possible for the CEO of your organization. That means it should include the key points of your research, analysis, and findings. The report should also contain examples of specific application to your company in a clear, concise, and informative document.
In Module 4, you began your research on Workforce 2020. In this module, you will expand on the work you did in Module 4. Take Module 4’s paper, and incorporate the items below into your work. Be sure to use the module readings, Argosy University online library resources, and the Internet, including federal guidelines. Select at least 3–4 scholarly resources for use in this assignment.
Complete the following:
- Analyze your organization in its present form. Explain your organization’s structure, workforce diversity, market/customer diversity, and communications technology.
- Forecast future trends. Identify the economic, social, demographic, and workforce parameters that are expected to be in the U.S. in the year 2020. Explain how those trends will or will not be reflected in your organization. Consider addressing the following:
What are the general workforce trends?
How will these trends impact your industry?
What are the general trends in leadership/management that are impacting your organization? - Synthesize data and recommend changes needed for the future. Identify and recommend leader, organizational, and workforce trends that must be considered for change in the larger macro environment (for example, advances in technology or globalization) in your organization. Identify related outcomes for each specific topic: Consider addressing the following:
What leadership actions should the organization take?
What competencies will be needed?
What does the organization need to do to be prepared?To conduct a holistic assessment of your selected organization and the challenges and opportunities it faces in addressing the noted trends, consider some of the concepts listed below as you develop your recommendations for the organization. It is not necessary to include all the concepts, but you should include 2–3 of them to do a thorough analysis. For example, leadership models and diversity management are likely to be pivotal areas for the organization. You could talk about the environment trends that were noted in the beginning of this assignment and then discuss how leadership practices and approaches in your selected organization may have to change to meet or address those trends. - Analyze how the following concepts apply to your organization:
Diversity management
Leadership models
Ethics
Decision-making models
Problem solving
Conflict management processes
Ensure that your paper includes the following:
- An integrated report with an introduction and summary
- A set of recommendations that will enable the organization to meet the expected challenges of 2020
- Trends in your own organization
- 3–4 credible, cited sources supporting your projections
Support your assertions using the selected scholarly resources.
Your final product will be in a Word document and be approximately 12–15 pages in length and utilize 5–7 scholarly sources in your research. Your paper should be written in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation.
By the due date assigned, deliver your assignment to the Submissions Area.
Assignment ComponentsProficientMax Points
Content Knowledge: Understanding
Communicates understanding of the organizations structure.
Response incorporates analysis and synthesis of central concepts of the assigned topic.
Response reflects understanding of the nature of the specific topic within the discipline and its applications in contemporary times.
Response provides necessary details and specific examples./100 pts.
Content Knowledge: Application Component 1
Communicates the ability to explain how economic, social, demographic, and workforce trends will be reflected in an organization.
Response demonstrates a working command of the disciplinary content knowledge.
Response examines the specific issue within the context of the topic area using relevant details and examples.
Response analyzes the specific aspect of the issue to applicable areas within the discipline and their relevance to real world contexts.
Response is adequately supported by current and relevant literature ./40 pts.
Content Knowledge: Application Component 2
Communicates the ability to recommend leader, organizational, and workforce trends to be considered in the larger macro environment, and Identify related outcomes for each specific topic.
Response demonstrates a working command of the disciplinary content knowledge .
Response examines the specific issue within the context of the topic area using relevant details and examples.
Response analyzes the specific aspect of the issue to applicable areas within the discipline and their relevance to real world contexts.
Response is adequately supported by current and relevant literature./100 pts.
Written Communication/Personal Effectiveness
Conveys through written word understanding and application of the essential assignment components.
Writing is concise and clear in content, language use, grammar, organization, and sentence structure.
Writing is free of major grammatical and usage errors./60 pts.Total: /300 pts
Running head:
WORKFORCE 2020
WORKFORCE 2020 5
WORKFORCE 2020
2020 workforce
Background of the company
Nick Inc. was started in 24 January 1968 as a Japanese shoes distributor. By then, the company was known as Blue Ribbon Sports but it was later changed to Nike Inc. in 1971. Over the years, the company has grown to be one of the biggest shoes suppliers in the world. The company has specialized in the distribution of athletic footwear as well as apparel all over the world. Nike Inc. has over 20, 000 retailers in the United States alone and it operate in over 110 countries globally. As of 2015, Nike Inc. has man employment base of more than 44, 000 employees. The success of this company is mostly attributed to its application of a brand strategy which is based on brand recognition. The goal of Nike Inc. as a corporation is to bring innovation and inspiration to athletes in all the countries that the company operates.
Change is one of the things that any organization in the world has to worry about in today’s workforce. The workforce of today is different to that of 10 years or even 5 years ago. The 2020 workforce will be mainly influenced by the entrance of millennial in to the job market. This generation of workforce cares about bringing change to the world through the work they do. The management of the 2020 workforce will be different from that of today. This workforce will require constant directions from the supervisor. However, the 2020 workforce will have a great desire to autonomy and freedom from constant scrutiny by the director.
The 2020 workforce will also be characterized by a change of behavior brought about by the rapid change in technology. For instance, there will be an increase in the use of social media in the workplace than in any other generation of workforce. The positive side of this is that social media encourages the employees to collaborate with their peers and share ideas which will help the organization to achieve its objectives. This will help to cultivate the spirit of group work in the company which will be as a result of the increased collaboration. However, the increase in the use of social media will have its limitations; for instance, there will increased wastage of time due to the usage of social media in the workplace. This time can otherwise be used to perform productive activities in the company.
2020 workforce will also be characterized by increased employees’ mobility which will be brought by the advancement in the use of technology. For instance, employees will be able to work from anywhere through devices like mobile phones and computers (Novis, 2011). The change in working style will mean that the company will have to change its structure formation to for instance a cloud type structure which will enable the employees to access the company’s files remotely. This has the advantage that there will be a reduction in the company’s production costs because it will require a reduced number of employees. However, remote access of the company’s files has the limitation that it increases risk of the com[any losing or the exposure of sensitive information to the public or any other group without the necessary authentication.
Workforce in 2020 will also require companies to develop new methods to motivate their employees in order to retain them. The Bike company will need to upgrade its existing techniques as well develop new ones to be able to compete in the labor market.
Some key leadership competencies that leaders need by 2020
A collaborative mindset- 2020 leaders will be required to have a collaborative mindset that will enable them to promote the spirit of group in the company. This will enable the employees to feel more involved in different projects carried out by the company which will in turn help to improve their productivity. The leaders must also be able to communicate and collaborate with various departments in the company for instance through means like email or conferences.
Good communication skills- Communication plays an important role in the success of any company and this will not be different in 2020 but rather the leaders will need to have improved communication skills to enhance their communication with the millennial (Novis, 2011). All the aspects of the 2020 workforce will be dominated by technology from the execution of the day-to-day operations of the company to how the leaders communicate with their employees.
Leaders need to be creative and innovative in order to maintain their place in the market. The changes which are continuous occurring in the market will give leaders who possess these qualities a competitive advantage in their respective industries. Leaders will be required to have the knowledge that is required the risks which are part of the change and innovation process. There will be the need to have accountability mechanisms at all levels of leadership to ensure that the commitments are met. In order to cope with the many challenges that will characterize 2020 workforce, there is need for leaders to empower all leaders at the other leadership levels in the company.
Leaders will need to have the necessary skills to manage changes in technology. This will enable them to keep their company’s up-to-date with the current technology. Good management of technology enables leaders to achieve the results which take the company to the next level. Leaders will also need to have a clear vision as it is necessary to enhance their influence to others. Leaders can also use their visions to motivate and inspire the employees to improve their productivity.
References
Ferguson Publishing. (2009). Leadership skills. New York: Ferguson.
Novis, G. (2011). Leadership skills. Johannesburg: Freeman Productions.
