Business Lobby’s Post

INNOVATION - Balancing Threats & Opportunities in Employment Creation    The rapid technological advancement we’ve seen in recent years poses a question: Is it a threat or an opportunity for employment creation?   While some fear that automation and AI could replace human jobs, others see innovation as a gateway to new opportunities and industries. Both perspectives have merit.   Yes, innovation poses challenges. Automation and AI-driven technologies are reshaping traditional job roles, leading to job displacement and skills obsolescence concerns. However, innovation also breeds new forms of employment. As old jobs fade and become obsolete, new ones often require different skill sets and expertise. Innovation creates jobs in emerging fields like data science, AI engineering, and renewable energy and enhances productivity and efficiency in existing industries.    In South Africa, embracing innovation will require agility in adapting to change while ensuring inclusivity and skill development. By investing in education and training programs that equip individuals with future-proof skills, we can mitigate the risks of unemployment while seizing the opportunities presented by innovation. Ultimately, the impact of innovation on employment depends on how we navigate this transition. If we can develop a lifelong learning and innovation culture, we can transform threats into opportunities, ensuring that everyone can thrive in the ever-evolving job market.    Let me know what your thoughts are.   #Innovation #Employment #FutureOfWork #SouthAfrica #Opportunity #Adaptation #SkillsDevelopment

Did You Know? The tech landscape is evolving at an unprecedented pace! • By 2025, we can expect 97 million new jobs to emerge globally due to advancements in AI and automation. • Companies with diverse tech teams are 35% more likely to outperform their competitors. • The shift to remote work has opened doors to a global talent pool, allowing businesses to find specialized skills anywhere in the world. • Plus, tech professionals enjoy some of the highest salaries in the job market, with software developers averaging around $110,000 annually in the U.S.! As we navigate this exciting era of technology, it's clear: investing in tech talent is not just beneficial—it's essential for success! What are your thoughts on the future of tech careers? Share your insights below! #TechTalent #FutureOfWork #DiversityInTech #RemoteWork #Innovation Tek_Talent Africa

"Will 2025 Be a Good Year for Job Seekers? Here’s What the Trends Say…" As we look ahead, 2025 is shaping up to be an intriguing year for the job market, especially with the recent announcements of new global initiatives. Here’s what’s likely to impact job opportunities: 1. Saudi Arabia’s $100 Billion AI Powerhouse: Saudi Arabia is making a massive play to become a global tech leader with its “Project Transcendence.” This investment is set to create thousands of jobs in AI and tech, potentially transforming the tech landscape and creating new opportunities in data centers, startups, and AI-driven businesses. UAE’s tech hub has strong competition now, and this rivalry could drive new tech job opportunities across the Middle East. 2. Leadership and Policy Shifts: With Trump back in office, his non-interventionist stance on international conflicts could reduce global tension and bring a bit more stability. If economic resources shift from defense to infrastructure and tech investment, we could see growth in several job sectors domestically. 3. Global Economic Conditions: Supply chain issues and inflation are still top concerns, but a stable, post-pandemic world may help ease those. The Federal Reserve’s policies will shape business decisions, hiring, and inflation rates—and that means job seekers could have a smoother ride if economic stability holds. 4. Technology & Remote Work: The tech transformation isn’t slowing down. Remote work is now a major player, especially in fields like education, customer support, and tech. Jobs are following that trend, creating flexibility and opening doors for global talent. 5. In-Demand Skills: Automation is driving a need for skilled tech professionals, especially in areas like AI, cybersecurity, and data science. Upskilling in these areas could be the key to securing high-demand jobs. In short, while 2025 has some promising signs for job seekers, adaptability will be essential. With tech skills and remote work experience, job seekers can put themselves in a great position to thrive. #JobMarket2025 #FutureOfWork #SaudiAI #MiddleEastTech #CareerDevelopment #GlobalEconomy #RemoteWork

Advancements in technology are expected to lead to an increase in high-paying digital jobs, such as software developers and financial risk specialists, in the future, as suggested by the report 'The Rise of Global Digital Jobs 2024,' produced by the World Economic Forum in partnership with Capgemini. The report also highlights that remote digital jobs worldwide could help alleviate skill shortages in higher-income countries while contributing to economic growth in lower-income nations. How can companies and individuals worldwide prepare themselves for this future? Share your thoughts in the comments below.

This documents provides a comprehensive analysis and framework for leveraging global digital jobs to address skills and labor shortages worldwide. Here's a summary of the key points: Executive Summary 1.Global Digital Jobs Potential: Digital jobs, which can be performed from anywhere, offer opportunities to address skills and labor shortages in high-income countries and underemployment in lower-income countries. 2.Skill Availability and Demand: Lower-middle-income countries have a surplus of skilled and educated workers who can fill labor shortages in high- and upper-middle-income countries. 3.Framework for Global Digital Jobs: The paper presents a framework identifying barriers and risks in establishing a global digital workforce, alongside solutions and mitigation actions. #digital #jobs #skills #digitaljob Source : World Economic Forum

These 3 Trends Are Shaping Our Future In Africa, the demand for technology and data skills is increasing daily. Outsized, a talent platform spanning Africa recently noticed a big jump in the need for skilled professionals, especially in tech and data-related fields. As a Founder, CEO, or Manager, catching onto this trend is key. It means businesses are relying more and more on tech and data to thrive in today's world. Just last year, Africa saw an impressive 83% increase in freelancer registrations. This tells us how businesses are hunting for adaptable talent to keep up with the pace. According to Johann van Niekerk, Outsized's CEO in Africa, it's all about tech and data skills driving this demand. Come have a look at the three trends shaping Africa's talent scene: 1. Navigating Economic Uncertainty: Businesses are facing economic challenges, especially with elections coming up in some places. To survive, resourcing strategies are becoming super important to stay ahead. 2. Enhancing Operational Efficiency: Everyone's talking about doing things better and faster, especially in finance, healthcare, and education. This is why businesses are on the lookout for professionals with the right skills to boost their performance. 3. Africa's Tech Leap: The continent's diving headfirst into the world of automation and innovation. There's a trend around cybersecurity, data science, and AI. So, businesses need experts in these areas to drive forward-thinking and beef up security. To sum it up, the hunger for tech and data skills in Africa is a golden opportunity for you. Looking to hire tech talents? Book a demo now - http://bit.ly/4cWh7fJ

🌍 Talent Quest: Africa's Path to Economic Growth Lies in the HR Revolution Did you know? By 2040, nearly half of the global workforce will come from Africa! But here’s the challenge: only 3 million jobs are created each year, while 11 million people enter the workforce. 📈 This is where Shortlist Professionals, co-founded by Paul Breloff, steps in. Combining technology, insight, and a deep understanding of African markets, Shortlist is revolutionising how talent is sourced and developed. With an ambitious goal, Shortlist aims to unlock $100 billion in lifetime earnings for Africans by 2035. Here’s how: 👇 Listen To The Full Episode: https://lnkd.in/eCWW2xJ3 🔑 Key Takeaways 🔹 Two-Pronged Approach: • Shortlist Cert: Specialises in senior leadership hiring, adapting global executive search practices to Africa’s unique context. 🌍 • Shortlist Futures: A workforce innovation lab focused on creating career pathways for young African professionals, from entry-level to specialised roles. 🌱 🔹 Tackling the Talent Crisis: • Shortlist’s innovative platform uses assessments and chatbots to streamline candidate screening, gathering insights beyond the traditional CV, especially for early-career talent. 📊 • Remote work support, including financing for equipment, enables young Africans to access global opportunities without the burden of high-tech costs. 🏡 🔹 Preparing for an AI-Driven Future: • Shortlist is equipping African talent with AI literacy, bootcamps, and reskilling initiatives for sectors like healthcare, finance, and agriculture. By leveraging AI in its services, Shortlist ensures ethical and innovative integration, positioning African talent to thrive in the global AI landscape. 🤖 🔹 Building Essential Skills: • Paul highlights adaptability and learning agility as must-haves for Africa’s young workforce. Digital teamwork, remote collaboration tools (Google Calendar, Slack, etc.), and entrepreneurial thinking are core skills Shortlist encourages. 💪 As Paul says, "How you learn and adapt will matter more than what you know." #AfricaWorkforce #TalentDevelopment #EconomicGrowthAfrica #HRRevolution #JobCreationAfrica

𝐖𝐡𝐲 𝐒𝐨𝐮𝐭𝐡 𝐀𝐟𝐫𝐢𝐜𝐚 𝐢𝐬 𝐭𝐡𝐞 𝐍𝐞𝐱𝐭 𝐁𝐢𝐠 𝐓𝐡𝐢𝐧𝐠 𝐢𝐧 𝐓𝐞𝐜𝐡 𝐑𝐞𝐜𝐫𝐮𝐢𝐭𝐦𝐞𝐧𝐭 South Africa’s tech sector is experiencing rapid growth, and it’s quickly becoming a top destination for companies seeking skilled IT professionals. If you’re not looking here for your next tech hire, you’re missing out! 𝗔 𝗕𝗼𝗼𝗺𝗶𝗻𝗴 𝗧𝗲𝗰𝗵 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺: With more startups, tech hubs, and innovation centers popping up across cities like Cape Town and Johannesburg, the country is a magnet for forward-thinking tech talent. South Africa is home to problem-solvers who are ready to tackle global challenges with cutting-edge solutions. 𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝗨𝗻𝘁𝗮𝗽𝗽𝗲𝗱 𝗧𝗮𝗹𝗲𝗻𝘁: While the global competition for top tech talent is fierce, South Africa offers access to an emerging workforce that remains relatively untapped by international recruiters. From developers and engineers to data analysts, the talent pool here is diverse and ready for action. 𝑹𝒆𝒎𝒐𝒕𝒆 𝑾𝒐𝒓𝒌-𝑹𝒆𝒂𝒅𝒚: South African professionals are highly adaptable and familiar with remote work practices, making them ideal candidates for global teams. Their ability to collaborate across time zones and deliver high-quality results remotely positions them as valuable assets in today’s digital economy. 𝗖𝗮𝗹𝗹 𝘁𝗼 𝗔𝗰𝘁𝗶𝗼𝗻: Now is the time to look beyond traditional talent markets and explore South Africa’s growing tech scene. Whether you’re building a local team or expanding your global workforce, South Africa offers the skills, creativity, and innovation you need to succeed. Let’s explore these opportunities together #TechRecruitment #SouthAfrica #TechTalent #DiversityInTech #FutureOfWork

I recently had the opportunity to appear on a business news broadcast to share my insights on the current trends and outlook for the talent trend. This was my first time participating in a Radio broadcast, and it was a valuable learning experience. Some of the topics I covered included: 🎯Current Job Market Situation in Hong Kong: From the recent Michael Page Hong Kong Talent Trends 2024 report, the job market in Hong Kong is experiencing a significant talent crunch. 65% of organizations struggle to find the right talent, and almost half of the employers are finding it challenging to retain their existing employees. This is primarily due to the scarcity of required skills in the talent pool and the difficulty in matching salary and benefits expectations. 📈Activity in the Job Transfer Market: The job transfer market is highly active, with a considerable percentage of employees open to new opportunities. From the recent Michael Page Hong Kong Talent Trends 2024 report, 95% of respondents are open to exploring different roles in 2024, indicating a high level of fluidity and openness in the job market. 📊Industries with More Vacancies: Sectors such as technology, finance, and digital marketing have a higher number of vacancies. Roles in IT, financial services, and digital content production are particularly in demand, with significant opportunities for new recruits. 🔐Skills Popular with Employers: Employers are increasingly looking for skills in artificial intelligence (AI), data analytics, and cybersecurity. The ability to work with AI technologies and data-driven decision-making processes are highly valued. Language Proficiency Requirements: While English proficiency remains important, there is a growing emphasis on Mandarin proficiency. This shift is influenced by the increasing integration with Mainland China and the need for effective communication in a broader business context. 📣It was exciting to share my views with a wider audience. I'm grateful for the experience, and I look forward to more opportunities like this in the future. Let me know if you have any other questions about talents in the Hong Kong markets. #radioboardcast #talenttrend2024 #michaelpage

Africa is the next big Global Talent market - here's why. 1️⃣Youthful Workforce: Africa has the world's youngest population, with 28% aged 18-35, creating a vast talent pool. 2️⃣Rapid Growth: The working-age population is projected to grow by 450 million by 2035. 3️⃣Tech Innovation: Africa's tech sector is booming, with $7 billion in venture capital funding in recent years. 4️⃣Cost-Effectiveness: Average salaries in Africa are around $758 per month, significantly lower than in developed countries. 5️⃣Cultural Diversity: Africa's rich cultural diversity enhances creativity and adaptability, making it an attractive market for global businesses. 6️⃣Language Proficiency: Many Africans are fluent in English, facilitating international business communication. 7️⃣Strategic Time Zones: Africa has multiple time zones that overlap one another and are in close time-zone affinity for countries on the European continent. 8️⃣Government Support: Initiatives like mandatory coding in schools in Kenya, Nigeria etc. are preparing a skilled workforce for future demands. 9️⃣Diaspora Talent: Hiring from the African diaspora offers companies access to professionals with local insights and global experience. 🔟Emerging Tech Hubs: Countries across Africa are establishing themselves as tech hubs, attracting investment and talent. e.g Nigeria is poised to attract 50 billion USD via brain export 🧠 by 2034. Simply put, anyone looking for next-gen workers should begin with Africa. P.S: I help companies globally to hire and onboard top 1% remote talent in Africa.