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Breakfast News: The last big question of 2020

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This time we’re investigating the longer-term impact Covid-19 will have on the careers, skills and education of young people. We'll examine the trends that have been accelerated by the pandemic and explore how a re-imagined world of work might offer new opportunities for talent to thrive.

Published in: Education
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Breakfast News: The last big question of 2020

  1. 1. A YEAR OF BIG QUESTIONS Covid-19 could cast a long shadow on young people’s lives. What can the early talent industry do to help? 15 DECEMBER 2020
  2. 2. A YEAR OF BIG QUESTIONS Welcome Chief Customer Officer, GTI Simon Rogers
  3. 3. A YEAR OF BIG QUESTIONS
  4. 4. A YEAR OF BIG QUESTIONS We want to hear from you via Twitter #BNews20
  5. 5. A YEAR OF BIG QUESTIONS Today’s agenda Welcome Simon Rogers, Chief Customer Officer, GTI Economic update & predictions for 2021 Declan Curry, Business and Economics journalist and broadcaster The employer response to COVID – so far Stephen Isherwood, Chief Executive, Institute of Student Employers ‘Work’ is changing fast: new skills, new roles, new culture Nick Shaw, Founder, Spotted Zebra & occupational psychologist Unrecognisable: the class of 2021 Mike Hanbidge, Senior Consultant, Blackbridge Communications Dasha Karzunina, Head of Research, Trendence Are they OK? The impact of the pandemic on young people Dr Linda Papadopoulos, Leading psychologist, human behaviour expert, broadcaster, author, columnist & keynote speaker
  6. 6. Simon Rogers, Chief Customer Officer, GTI
  7. 7. A YEAR OF BIG QUESTIONS Declan Curry, Business & Economics journalist & broadcaster ECONOMIC UPDATE & PREDICTIONS FOR 2021
  8. 8. Declan Curry, Business & Economics journalist & broadcaster
  9. 9. A YEAR OF BIG QUESTIONS Stephen Isherwood Chief Executive, Institute of Student Employers THE EMPLOYER RESPONSE TO COVID – SO FAR
  10. 10. A YEAR OF BIG QUESTIONS
  11. 11. A YEAR OF BIG QUESTIONS
  12. 12. A YEAR OF BIG QUESTIONS
  13. 13. Stephen Isherwood Chief Executive, Institute of Student Employers
  14. 14. A YEAR OF BIG QUESTIONS Nick Shaw, Founder, Spotted Zebra & occupational psychologist ‘WORK’ IS CHANGING FAST: THE RISE OF THE AGILE ORGANISATION
  15. 15. A YEAR OF BIG QUESTIONS The Rise of the Agile Organisation 1. What is the Agile Organisation? 2. How Covid has, and will, accelerate this approach 3. What will this acceleration mean for: ○ organisation structures ○ talent acquisition ○ jobs and skills
  16. 16. A YEAR OF BIG QUESTIONS 1. What is the Agile Organisation? ● Small, multi-disciplinary teams with a clear purpose and close customer alignment ● Moved beyond tech into management structures, teams, business goals, delivery cycles, use of tech “a network of teams within a people-centered culture that operates in rapid learning and fast decision cycles which are enabled by technology, and that is guided by a powerful common purpose to co-create value for all stakeholders.” (McKinsey, 2018)
  17. 17. A YEAR OF BIG QUESTIONS 2. Pandemic(s) accelerating need for agility
  18. 18. A YEAR OF BIG QUESTIONS 3. Work will be done by compact teams
  19. 19. A YEAR OF BIG QUESTIONS 3. Hiring will be more frequent and urgent
  20. 20. A YEAR OF BIG QUESTIONS 3. Soft skills will be essential for job success ● Communication ● Negotiation ● Empathy ● Continuous learning ● Problem solving ● Critical thinking
  21. 21. A YEAR OF BIG QUESTIONS 3. Recruiting for people skills will require... people
  22. 22. Nick Shaw, Founder, Spotted Zebra & occupational psychologist
  23. 23. A YEAR OF BIG QUESTIONS Mike Hanbidge, Senior Consultant, Blackbridge Communications Dasha Karzunina, Head of Research, Trendence UNRECOGNISABLE: THE CLASS OF 2021
  24. 24. A YEAR OF BIG QUESTIONS Welcome to our “bit” Mike Hanbidge Senior Consultant, Blackbridge Dasha Karzunina Head of Research, Trendence
  25. 25. A YEAR OF BIG QUESTIONS Do they want different things? What are they going to do differently? What should you be thinking about? Questions, answers and more questions
  26. 26. A YEAR OF BIG QUESTIONS
  27. 27. A YEAR OF BIG QUESTIONS Trendence Graduate Study 2021: Interim Data 41,500+ students All year groups surveyed 140 universitie s  White - 58%  Mixed/ Multiple ethnic groups - 5%  Asian or Asian British - 24%  Black/ African/ Caribbean - 9%  LGBT - 12%  Low socio-economic - 15%  Mental health illness - 9%  Learning difficulty - 6%
  28. 28. A YEAR OF BIG QUESTIONS “It will be tough to get a good job in the following year…” 67% 67% 79% 2019 2020 2021 Only 54% of students feel their universities are doing everything they can to support them during these times
  29. 29. A YEAR OF BIG QUESTIONS What are your preferred digital ways of engaging with employers? 79% 76% 70% 65% 60% 50% 47% 41% 39% 16% 8% 9% 14% 16% 16% 8% 13% 12% 13% 8% Employer websites Career-related websites University careers websites Email from careers service Social media Direct email from employer Career and job-related apps Employer videos Webinars Podcasts Used & found effective Used & did NOT find effective More proactive approach & less reliance on careers service
  30. 30. A YEAR OF BIG QUESTIONS What are you more likely to do as a result of COVID-19? 45% 32% 25% 18% 17% -20% -24% Look for a job that allows flexible working Look for a job that allows me to work from home Look for a graduate job straight out of university Choose to live/ work nearer my family home Do a postgraduate degree Start my own business Go travelling after university
  31. 31. A YEAR OF BIG QUESTIONS How often would you like to work from home in your first graduate role? 42% 27% 14% 12% 6% A few days a week Once a week Once or twice a month Never work from home Every day (no days in the office at all) 69% of graduates would like to work from home at least once a week
  32. 32. “The secret of change is to focus all of your energy, not on fighting the old, but on building the new. - Socrates
  33. 33. A YEAR OF BIG QUESTIONS What support do you expect from your graduate employers? BAME students need more support with remote working 0% ↓ 10% ↓ 20% ↓ 30% ↓ 40% ↓ 50% ↓ 60% ↓ Other (please specify) No support Support with physical wellbeing Help to make new friends Support with mental wellbeing Remote working Financial advice Relocation support (if moving… Finding a mentor/ buddy BAME White
  34. 34. A YEAR OF BIG QUESTIONS Overall, how was the experience of your virtual internship? 24% of all students have had a virtual internship 7% 42% 50% 3% 33% 64% ↑ More valuable than a face-to- face internship Similar/ just as valuable as a face-to-face internship Not as valuable as a face-to- face internship High socio-economic Low socio-economic
  35. 35. A YEAR OF BIG QUESTIONS What should you be thinking about?
  36. 36. A YEAR OF BIG QUESTIONS Has COVID-19 made WFH a permanent “thing”? 56% 47% 42% Graduated Likely to look for a job that allows WFH Finalists Freshers
  37. 37. A YEAR OF BIG QUESTIONS Marketing food for thought • Policy? • Wider proposition – care, autonomy, trust, wellbeing? • Work/life balance and productivity • Evidence and showcasing • What will the 4/10 think of you?
  38. 38. A YEAR OF BIG QUESTIONS 70%, 71%, 71%, 70% 74%, 75%, 67%, 76% Do people ever want to meet again? Insight days better face to face Open to virtual employer presentations
  39. 39. A YEAR OF BIG QUESTIONS Strategy changes? • More channels? • Tiering and targeting (diversity?) • Opening up your brand? • On-boarding more important? • Better campaign data harvesting?
  40. 40. A YEAR OF BIG QUESTIONS You can decide what happens next. Where next?
  41. 41. Mike Hanbidge, Senior Consultant, Blackbridge Communications Dasha Karzunina, Head of Research, Trendence
  42. 42. A YEAR OF BIG QUESTIONS Dr Linda Papadopoulos, Leading psychologist, human behaviour expert, broadcaster, author, columnist & keynote speaker ARE THEY OK? THE IMPACT OF THE PANDEMIC ON YOUNG PEOPLE
  43. 43. Dr Linda Papadopoulos, Leading psychologist, human behaviour expert, broadcaster, author, columnist & keynote speaker
  44. 44. A YEAR OF BIG QUESTIONS What careers platforms can learn from Facebook Co-presented by Mark Mitchell and Streisan Bevan Wednesday 16 December – 12.00 PM

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