A Deep-Dive Into the Evolution of Digital Labor & the Interconnectedness of Job Families

In 2021, companies made record cloud investments.  The pandemic has been devastating for many sectors of the economy and created an unprecedented global health crisis.  But at the same time, it created an accelerated digital transformation across industries.  While the investments have been significant, leadership and board members are now thinking about getting the best out of such investments.  To truly become a Digital Enterprise and take full advantage of Cloud, Workforce Planners and Talent Acquisition teams must understand the Future of the Workforce in granular detail.  The boundaries and the impacts of Digital Work are constantly evolving.  Just last month, JP Morgan was fined by SEC as employees used Whatsapp and other personal forms of communication with customers as that created bottlenecks in record keeping.  Such digital regulations may expand outside the industry verticals of Financial companies and Banks.  This complex change and dynamics make digital enterprise development a constant journey.

At Draup, we aim to prepare you for the Digital Labor Age.  To truly understand this, we must focus on the interrelationships of the various job families and skills.  Dr. Yuval Noah Harari, a historian, states that humans are relatively weak animals whose advantage rests in their ability to cooperate in large numbers.  And the reason we have been so successful is that “large numbers of strangers can cooperate successfully by believing in common ideas  (from the book Sapiens).

Today, there is an interconnectedness that dictates the evolution of skills.  All the foundational investment in infrastructure into the cloud enables better decision-making by helping us collect better Analytics and test various hypotheses.  But when Draup investigates the skills that companies are sourcing, we see Enterprises are still not moving faster to take advantage of the investments they have made.  This also paves the way for talent getting disengaged.  Not having the right tools and platforms will force the labor force to go to companies with this talent.  Let us look at the global attrition trends based on our profiles dataset updates (please use this as directional only as sometimes there may be a delay in resume updates).  For example, many data scientists leave the organizations once they realize that companies do not have the latest platforms and tools to use.  The great work done by the incredible recruitment team in hiring the resources is lost if we do not have the right Digital Tech stack!

To understand the evolution of Digital Labor, we have to understand the interconnectedness of the Job Families.  The following illustration depicts this concept

Source – xkcd.com/435