Modern Business Magazine February 2016 | Page 54

MODERN THINKING PHYSICALLY HERE, VIRTUALLY THERE. By Morris Miselowski T he Year 2020 is only four years away and for many it holds the romantic promise of how different life and business will be, but will the reality live up to the expectation? 2020 In 2020 we will hold the 32nd Olympic Games and it will be a leap year. Australia population will be around 25.5 million. Baby boomers will be 58 years old plus and one in five of us will be over 60 years of age. The median Australian age will be 40 with a life expectancy of 81 for a male and 86 for a female. In our 2020 workplaces, one in three employees will be working on a causal, part time or project basis. 40% of today’s senior leaders will have reached retirement age. Gen Y will account for 42% of the workforce. The average job tenure will be 2.4 years and one in four workers will be w ܚ