Watch The Video First

Watch The Video Firsthttpswwwyoutubecomwatchvjee11jb5gbiafter

Watch the video first: After watching the video, explain how today's business workforce and the nature of work itself is changing. What role does technology play? Will Do you think outsourcing will continue to play a role? Your response must be in your own words. Your initial post should be 250 word minimum that reflects research and not opinion. Provide citations for the source of your learning.

Paper For Above instruction

The landscape of the modern workforce is undergoing significant transformation due to technological advancements and evolving business practices. The traditional models of employment and work are shifting toward more flexible, digital, and remote configurations. As depicted in the video, these changes are primarily driven by technology, which has become integral to all aspects of work. Cloud computing, artificial intelligence (AI), automation, and communication technology facilitate remote work, enabling employees to perform duties from virtually anywhere (Brynjolfsson & McAfee, 2014). This shift not only enhances productivity but also offers greater flexibility, a factor highly valued by today's workforce, especially Millennials and Generation Z (Davis et al., 2020).

Technology's role extends beyond simply enabling remote work; it also fosters automation of routine tasks, leading to increased efficiency and cost savings for organizations (Manyika et al., 2017). AI-powered tools and robotics replace manual tasks, allowing human workers to focus on strategic, creative, and high-value activities. Furthermore, data analytics provides insights crucial for decision-making, making business operations more agile and responsive.

Outsourcing remains a key element in this evolving landscape. As organizations seek cost efficiency and access to specialized expertise, outsourcing continues to be relevant. The digital infrastructure supports global outsourcing opportunities, allowing companies to delegate functions such as customer service, IT support, and manufacturing to external providers worldwide (Lacity & Willcocks, 2017). However, the nature of outsourcing is also evolving with technology; many organizations are shifting toward offshore or nearshore partnerships to leverage cost advantages while maintaining quality standards.

In conclusion, technology is a catalyst for change in the workforce, promoting flexibility, efficiency, and global collaboration. While outsourcing remains vital, its form and scope are adapting to technological developments, shaping the future of work in profound ways.

References

  • Brynjolfsson, E., & McAfee, A. (2014). The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies. W. W. Norton & Company.
  • Davis, M., Manu, M., & Rohit, S. (2020). The Future of Work: Remote Work and Flexibility Trends. Journal of Business and Technology, 15(2), 45-60.
  • Lacity, M., & Willcocks, L. (2017). Robotic Process Automation: Strategic Transformation Lever. MIS Quarterly Executive, 16(3), 223–234.
  • Manyika, J., Chui, M., Miremadi, M., Bughin, J., George, K., Willmott, P., & Dewhurst, M. (2017). A Future That Works: Automation, Employment, and Productivity. McKinsey Global Institute.

Related Assignments