Great Deal! Get Instant $25 FREE in Account on First Order + 10% Cashback on Every Order Order Now

Part of assessing the future need for your organization is forecasting how the business environment, skills, or technologies, among other factors, will evolve. Based on the industry you selected for...

1 answer below »

Part of assessing the future need for your organization is forecasting how the business environment, skills, or technologies, among other factors, will evolve. Based on the industry you selected for your week 1 assignment**, research the outlook of that sector in the future and identify factors that could impact the workforce needs in that area in the near- to long-term (i.e., next 3 to 10 years).

Questions to consider as you formulate your response:

  • Reflecting back on Porter’s Five Forces:
    • Are there competitive new entries or threats of substitutes that could impact the workforce? (e.g., the rise of Uber and the demand for taxi cab drivers)
    • Are there shifts in competitive rivalry or power shifts with either suppliers or buyers?
  • Are their macro elements (e.g., factors from PESTEL)
    • Are there new technologies that may disrupt the industry? What skills will be needed to meet those needs?
    • Changes in political or environmental factors that impact workforce needs (e.g., healthcare reforms, climate change concerns)?
    • Impact of social changes or worker attitudes that could impact conditions of employment (e.g., increase in freelance workers, trend of a remote workforce)?
  • Going back to SWOT, are any weaknesses within an industry, or threats outside of it, that will effect the talent needed in the future?

To conduct research into the outlook of an industry, you can consider places such as:

  • mckinsey.com/industries(Links to an external site.)
  • accenture.com/us-en/latest-thinking(Links to an external site.)
  • www2.deloitte.com/us/en/pages/outlooks/industry-outlooks.html(Links to an external site.)
  • https://www.bain.com/insights/industry-insights/(Links to an external site.)

You can also research relevant trade and industry groups for insights into a particular sector.

Submit your analysis as a written paper (e.g., Word document) that describes the industry and assesses how the workforce needs in that industry could change given the outlook in the near- to long-term (i.e., next 3 to 10 years). Include cover page, reference/citations page and up to three (3) pages to respond to these questions. Paper should be double spaced.

** please note, you can change the sector or industry if you want for the purposes of this assignment

Answered 2 days AfterMar 17, 2022

Solution

Ananya answered on Mar 19 2022
29 Votes
Running Head: ORGANISATIONAL DEVELOPMENT                    1
ORGANISATIONAL DEVELOPMENT                            2
ORGANISATIONAL DEVELOPMENT
Table of Contents
Healthcare Industry    3
Assessing the Workforce    3
SWOT Analysis    5
Conclusion    5
References    6
Healthcare Industry
The healthcare industry is the growing sector in the business world, which is facing a high competition and profit in the market. The healthcare services are always in demand as people always strive to be healthy by recovering from disease as early as possible. It includes hospitals, clinical services, medical equipment’s, health insurance and other medical services including medicine and laboratories.
It is becoming one of the most developing sectors in the field of employment and revenue. These are divided into several types such as Government aided, private organizations, community based, clinical based and voluntary treatment based. This industry is spread through different departments of treatment, which makes it one of the leading industries in the upcoming years.
Assessing the Workforce
A healthcare industry requires a huge workforce for its proper functioning as it deals with a diverse field of works. This sector deals with everything related to the health care like medicines, equipment, hospitals, doctors, risk managing, laboratories and other stakeholders. It is composed of providing treatments to patients by preventive care, rehabilitative care, curative and palliative care. Prevention, diagnosis and treatment are the main area of concern for a healthcare industry.
New competitors are rising for such industries in the form of artificial intelligence. It is very hard to find a good doctor. This responsibility is taken by technologies to search for a good doctor. People nowadays avoid hospitals and book appointments through technological applications, which affect the workplace culture. As mentioned by Lee and Yoon (2021), artificial intelligence...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here