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�The Future �of work�

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The word “Revolution” is often overused, but it would be difficult to argue that the changes in the world of work witnessed in the past two years do not fit the description.

The global pandemic greatly accelerated changes that were perhaps already happening, forcing companies and Institutions to face their “Digital Transition” –

It is a radical transformation that has brought people to work “Anytime, Anyplace, Anywhere” – the “A3 Revolution”, as commonly described in the industry and on social media – and which has permanently changed the world of work and its everyday life.

Anywhere

Team working from different geographies, providing services globally

Anyplace

Multiple forms of employment - within the Company as an employee, or B2B, outsourcer, independent consultant, freelancer, alumni

Anytime

Flexible working time models and frameworks, often across different time zones

the work revolution

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THE WORD “REVOLUTION” IS OFTEN OVERUSED,

BUT IT WOULD BE DIFFICULT TO ARGUE THAT

THE CHANGES IN THE WORLD OF WORK WITNESSED IN THE PAST TWO YEARS DO NOT FIT THE DESCRIPTION.

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Workspace – which comprises the physical, virtual and digital elements that enable people to do the work successfully.

People – which comprises workers, and the elements required to keep them functioning to their best abilities, keeping them motivated and growth- oriented.

Main components �of the future of work

FLEXIBLE

WORKSPACE

TECHNOLOGY

WORKSPACE

PEOPLE

PEOPLE

ANALYTICS

EMPLOYEE EXPERIENCE

EMPLOYEE

ENGAGEMENT

EMPLOYEE

WELL-BEING

TALENT

MANAGEMENT

FUTURE

OF

WORK

COLLABORATION

& COMMUNICATION

AUTOMATION

LEARNING

& DEVELOPMENT

FUTURE

OF

WORK

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Flexible workspace: Creates a hybrid working environment for flexible working schedules in physical or virtual offices.

Technology: Provides the digital infrastructure and digital tools for enabling the work

FUTURE

OF

WORK

3 Knowledge Management

AI-powered software to track internal pro-�cesses or make wikis or more broadly to collaborate around data.These platforms �attempt to unbundle G Suite & Microsoft �Office by focussing on particular pain points teams encounter as they operate and grow.

5 No-Code App Builders

New wave of tools that are making creation more accessible and reinventing the way things are built for the internet for non-programmers that is powered by powerful API integrations.

4 Productivity Tools

AI-powered platforms to manage projects, tasks, issues, code for collaborative teams.

1 Virtual Offices

Employees will leverage VR/AR platforms to execute effectively activities such as whiteboarding, brainstorming sessions, etc.

2 Physical Offices (Infrastructure Design)

Design of the workplace and amenities will be reimagined to increase employee satisfaction, interaction, retention, focus, productivity, health and wellness.

  • Workplaces will be designed for optimal flow with integrated innovation:
    • Touchless environment applications
    • Smart-sensor based systems

Workspace

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Analytics: The HR metrics that enable managers to make better decisions for their workforce.

Employee Experience: Encapsulates what a person encounters and observes from the time of hiring to their next milestone, within or outside the company.

FUTURE

OF

WORK

8 Gig Workforce Management

As companies don’t need their employees to be in the same physical space every single day, they will invest in contractors and related benefits and packages.

10 Mental (Well-Being)

Online mental health support and telemedicine services to cope with stress, anxiety, depression.

9 Emotional (Well-Being)

Focused programs to strike work-life balance, create meaningful relationships with coworkers, and providing support to build emotional resilience and self-esteem.

6 Reskilling & Upskilling

Upskilling is updating skills, and pertains to a job that is still evolving and needs continual training.

Reskilling relates to pivoting to perform a new job skill when the previous job doesn't exist or is becoming less in demand.

7 Remote Talent Engines

Technology to democratise access to global talent by elastically hiring pre- vetted engineers & data scientists instantly from global talent pools.

People

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As a parallel to the five levels of autonomous driving, Matt Mullenweg – founder of Automattic, owner of WordPress, a company which employs more than 1,100 employees in over 75 countries – proposes the “five levels of autonomous organizations2.

new work models

2 - Mullenweg, M., Distributed Five Levels of Autonomy, April 10, 2020, retrieved

from https://ma.tt/2020/04/five- levels-of-autonomy

THE “FIVE LEVELS OF AUTONOMOUS ORGANIZATIONS” ILLUSTRATE THE OVERARCHING CULTURE AND MANAGERIAL APPROACH THAT NEEDS TO BE ADOPTED IN THE PATH TO DISTRIBUTION OR DECENTRALIZATION.

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new work models

2 - Mullenweg, M., Distributed Five Levels of Autonomy, April 10, 2020, retrieved from https://ma.tt/2020/04/five- levels-of-autonomy

LEVEL

0

NO

AUTONOMY

NON-DELIBERATE ACTION

An Organization that is trying to recreate the same activity performed in the office in a «remote» setting.

RECREATION

OF THE ONLINE

OFFICE

LEVEL

1

An Organization which has not done anything deliberate to support remote work, but whose employee might keep up with the usual workflow if they stay away from the office for a day or two in case of emergency.

LEVEL

2

An Organization with jobs which cannot be done unless employess are physically in the workplace.

LEVEL

3

LEVEL

4

LEVEL

5

ADAPTATION TO THE MEDIUM

ASYNCHRONOUS COMMUNICATION

«NIRVANA» OR ABSOLUTE DISTRIBUTION

At this stage, we find all organizations that are starting to benefit from being renote-first, or distributed.

An Organization that performs better than any in-person organization. The company at this idealized stage is organized around the wellness and mental health wellbeing of its employees.

At level four we have fully asynchronous organizations.

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DEGREE OF REMOTE REALIZATION

LEVEL 0

NO AUTONOMY

LEVEL 1

NON-DELIBERATE ACTION

LEVEL 2

RECREATION OF THE ONLINE OFFICE

LEVEL 3

ADAPTATION TO THE MEDIUM

LEVEL 4

ASYNCHRONOUS COMMUNICATION

HYBRID

THE FIVE LEVELS OF DISTRIBUTED ORGANIZATIONS

new work models

25-50%

100%

90-95%

50-75%

0%

0-25%

LEVEL 5

«NIRVANA» OR ABSOLUTE DISTRIBUTION

LEVEL 2

RECREATION OF THE ONLINE OFFICE

HYBRID

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EMPLOYEE HEALTH & WELL-BEING

UPSKILLING AND

(RAPID) RE-SKILLING

FLEXIBLE TEAMS WITH THE GIG ECONOMY

HR AS BUSINESS "ANTENNA"

According to the latest reports by top consulting firms, the HR department's role is more critical than ever as companies moved to a People First approach / Employees-as-Consumers philosophy.

At the same time, during 2020 and 2021 employees quit their jobs at a rate never seen before. The main reasons for this recent phenomenon are to be found in the desire of workers of re-examining and re-imagining the role of work in their lives. The result is that from today on flexible work arrangements will be the norm, not the exception.

THE FOUR MAIN TRENDS EXPECTED IN 2022 FOR THE FUTURE OF WORK

Future of talent

trends for 2022

TRENDS FOR 2022

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  • Ergonomics assistance
  • Onsite/near-site services and facilities
  • Treatment decision-support
  • Health and Safety support
  • Support Volunteerism
  • Use social recognition
  • Sponsor affinity groups
  • Promote local wellbeing champions
  • One-on-one counseling for financial decisions
  • Support borrowing, spending decisions
  • Subsidize student loan refinancing
  • Sponsor resilience trainings
  • Support parental leave
  • Measure stress and promote mindfulness programs

Future of talent

Employee health & well-being

During the pandemic numerous employees suffered from depression and anxiety, with clear repercussions on the work environment and a dramatic increase in the number of workers quitting their jobs to make physical and mental health a priority

THE FOUR PILLARS OF WELL-BEING

INTEGRATE

MISSION/GOALS

MEASUREMENT

SUPPORT

TECHNOLOGY

PHYSICAL

SOCIAL

EMOTIONAL

FINANCIAL

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Future of talent

THE UPSKILLING AND RESKILLING PROCESS

ASSESS FUTURE TALEND GAPS AND ORGANIZATIONAL READINESS

DESIGN FUTURE ROLES AND SETUP PROGRAMS FOR RESKILLING

SCALEUP WORK CHANGES AND EMPLOYEE TRANSITIONS

Upskilling and (rapid) re-skilling the workforce will be crucial corporate strategies for the years ahead.

To properly respond to this global trend, tech companies from Silicon Valley are recurring to the brightest minds (and their own dip pockets, too).

SCOUT

SHIFT

SHAPE

Google and Microsoft are recruiting Ph.D.’s in Industrial/Organizational Psychology to deploy AI and big data to improve their talent management systems

Amazon pledged $700M to retrain 100,000 employees for higher-skilled jobs in technology, such as Big Data and Machine Learning.

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Flexible teams leveraging gig economy�

The official definition of gig economy islabor market characterized by the prevalence of short-term contracts or freelance work” as opposed to permanent jobs.

The definition Passion Economy denotes an economy built around “creators with a purpose” - people who are powerfully motivated to start a brand, business, or community, usually on digital platforms, around a shared passion.

Corporates are leveraging gig and passion economy to create flexible teams and improve company resource planning and flexibility.

Future of talent

EXAMPLES

HR as business “antenna”

Together with the evolution of job roles and skills, the Human Resource department role is also evolving. HR professionals can act as a company radar to predict social changes and help executives navigate them.

Some of the initiatives and technologies that have been seen spreading among top companies in the Silicon Valley are pulse surveys and text analytics to gain valuable insights into what is important for the employees in such a rapidly changing environment.

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Future of talent

UNLIMITED REACH

GIG ECONOMY

PASSION ECONOMY

USUALLY A PHYSICAL SERVICE

STANDARDIZED OFFERING

WELL-DEFINED EARNING STRUCTURE

EARNINGS SCALE LINEARLY

WITH TIME SPENT/JOBS DONE

LIMITED REACH

USUALLY A DIGITAL PRODUCT OR SERVICE

WIDE RANGE IN OFFERING

EARNINGS LESS PREDICTABLE

ASYMMETRICAL REWARD POTENTIAL

FEATURES

EXAMPLES

THE MAIN DIFFERENCES BETWEEN “GIG ECONOMY” AND “PASSION ECONOMY”

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Jobs of the future

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Jobs: road to 2031

1940 EMPLOYMENT

EMPLOYMENT SHARE

FARMS & MINING

2018 EMPLOYMENT IN

JOBS THAT EXISTED IN 1940

2018 EMPLOYMENT IN JOBS

THAT ARE NEW SINCE 1940

COMPARING THE DISTRIBUTION OF EMPLOYMENT �IN 1940 AND 2018 ACROSS MAJOR OCCUPATIONS

Source: Autor, Salomons, and Seegmiller, MIT, 2020

15

20

25

30

10

5

0

CLERICAL AND ADMINISTRATIVE

SALES

TECHNICIANS

PROFESSIONALS

MANAGERS

CLEANING, PROTECTIVE SERVICES

CONSTRUCTION

TRANSPORTANTION

PRODUCTION

HEALTH SERVICES

PERSONAL SERVICES

43%

48%

52%

66%

61%

70%

82%

51%

75%

76%

65%

67%

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WITH THE WIDESPREAD DEVELOPMENT OF TECHNOLOGIES SUCH AS AI, IOT, ROBOTS AND AUTONOMOUS VEHICLES, WE EXPECT THE SHARE OF NOT-YET-INVENTED JOBS TO INCREASE EVEN FURTHER.

Jobs of the future

New job titles

NEW BUSINESS GAMING & COLLECTIBLES

CYBER THREAT MANAGER

DIRECTOR OF ETHICAL HACKING

DIRECTOR OF NATURAL CALAMITIES FORECAST

ENTERTAINMENT AND RECREATION MANAGER

WELLNESS OFFICER

FREELANCE RELATIONSHIPS OFFICER

MASTER OF EDGE COMPUTING

QUANTUM MACHINE LEARNING ANALYST

DATA DETECTIVE

ROBOT LIAISON OFFICER OR HUMAN-MACHINE TEAMING MANAGERS

XR JOURNEY BUILDER

METAVERSE BRANDING DIRECTOR

GENETIC COUNSELOR

ETHICAL TECHNOLOGY CURATOR

VP OF DIVERSITY, EQUITY & INCLUSION

SMART HOME DESIGN MANAGER

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Thank you!

MASSIMO TEMUSSI

MANAGING DIRECTOR

REGIONAL PLANNING CENTER

AUTONOMOUS REGION OF SARDINIA