The New World Of Work And Digital Learning: Millennials And Generation Z

ABSTRACT

In the modern business environment, there is an evident mismatch of the skills possessed by individuals and those businesses are sourcing. Despite business leaders ensuring automation, digitisation and extraction of value of data (for example by artificial intelligence) are core organisational priorities, the workforce should still be in a position to complement the value of technology. The rising popularity of technology has impacted the manner in which knowledge is acquired. This is particularly important for the Millennials and Generation Z who are currently transitioning to the new world of work and largely acquiring knowledge through the internet. However, the COVID-19 pandemic has upset the balance of this new world of work, involving business, digital technologies and new ways of working. The solution to a successful transition by Millennials and Generation Z requires embracing technology and upgrading training programmes. Therefore, this paper has identified the best practice in using digital learning to harness the transition to the new world of work. Also, this paper has evaluated on the ways in which the markets evolve or change over time. It has been pointed out that their implications would include varying employment markets, changing demands and supplies for skills, and demographic trends (Millennials and Generation Z.) The current COVID-19 pandemic has been noted to have an impact on the labour markets today and in future.