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Which Jobs Or Careers Will Grow In Value And Business On Demand In The Wake Of COVID-19?

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Which Jobs Or Careers Will Grow In Value And Business On Demand In The Wake Of COVID-19?

I was asked another very interesting question on Quora by a reader Benjamin Myer. I think the question merited some discussion and attention.

Below Is My Response To This Question Business On Demand.

I read many other answers to similar questions with interest. Most people think that health-related jobs will increase - which is plausible.

Health Sector In Developed Countries Will Go Business On Demand Through A Revolution In The Next Ten Years.

However, most developed countries will undergo a bigger change in their health sector, because due to powerful economic and social changes they will have to open up their health personnel supply chains to the forces of globalisation.

In the wake of COVID-19 virus and its global response, it is becoming nearly impossible to hold up the fiction that a well-trained doctor or nurse in USA or Australia,

or Canada, or the UK is any better than their counterparts in India, or the Philippines or Eastern Europe.

The medical associations in many of the countries will struggle to act as unions who shut out anyone from outside and artificially prop up the prices by maintaining scarcity.

A similar revolution happened for sea captains (and other maritime personnel) in 1980's and for airlines pilots a short while later.

In other supply chains, including that of medical personnel, the fundamental forces of nature will eventually triumph. COVID-19 crisis will be merely a catalyst to hasten the change.

Post Covid-19, The Field Of Supply Chain Management Is Undergoing Rapid Sophistication And Expansion. 

  • Body Of Knowledge Is Growing Exponentially 

  • Vast Numbers Of Aspiring And Highly Capable New Entrants From Every Continent

  • Many Of Yesterday’s Stalwarts Risk Quickly Becoming Redundant, And Losing Relevance

Everything You Wanted To Know About A Career in Supply Chain

Supply Chain Business On Demand Sector In All Countries Is Going Through A Revolution Right Now.

On the other hand, well trained global supply chain professionals are already in very high demand as the importance of supply chain is brought home to struggling companies in the face of volatile demand and supply.

Here is the model I recently created to explain this in more detail:

For those in the know, this model and its seven key underpinnings are self-explanatory.

For the more curious and novices, it will take a long time to understand the trends and their full implications - the best way is to refer to our courses and guides -

“Everything You Wanted To Know About a Supply Chain Career” or “Powerful Supply Chains, Powerful Corporations, Powerful Careers”.

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Copyright - These concepts, frameworks and ideas are copyright of GLOBAL SUPPLY CHAIN GROUP from the time of their creation. Do NOT copy these without permission and proper attribution.

Notes:

1. These ideas and concepts will be usually expressed by our thought leaders in multiple forums - conferences, speeches, books, reports, workshops, webinars, videos and training. You may have heard us say the same thing before.

2. The date shown above the article refers to the day when this article was updated. This blog post or article may have been written anytime prior to that date.

3. All anecdotes are based on true stories to highlight the key points of the article - some details are changed to protect identification of the parties involved.

4. You are encouraged to comment below - your real identity and email will not be revealed when your comment is displayed. Insightful comments will be featured, and will win a copy of one of our books. Please keep the comments relevant, decorous and respectful of everyone. All comments represent opinions of the commentators.

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ABOUT THE PRINCIPAL AUTHOR

Today, Vivek and his partners are among 20-30 people on the planet earth who have this deep understanding of supply chain systems, practices and tools. CEOs, COOs, executives and Boards call them in most challenging situations once they know the full potential of supply chain based transformations. Following are key milestones in Vivek's journey:

  • Started in 1983 as a merchant navy cadet at 18 years age, worked his way to qualify as a Captain – qualified to take command of any merchant ship, worldwide.
  • Earned a top tier MBA from UNSW at the top of his class.
  • Joined highly regarded strategy consulting firm Booz Allen & Hamilton, consulting to the CEOs, Boards and senior management of global corporations within Australia.
  • To learn and specialise in supply chain – against all odds, sought out the co-inventor of supply chain in Germany and convinced him to be a partner in his firm, GLOBAL SUPPLY CHAIN GROUP, launched in January 2000.
  • More than 500 successful blue chip projects with high impact business transformations in large corporations using the full power of SUPPLY CHAIN MANAGEMENT.
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If you are deeply passionate about the world of business and supply chain networks as I am, and enjoy digging answers to critical questions that will help build and steer your business with wisdom, then join me. This book is a journey of exploration through the world of business networks that run along the veins of today’s commercial world.

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OUTPERFORM OUTSOURCE OUTPROFIT

The trend of outsourcing continues to grow unabated with the whole gamut of services, from simple to mission-critical tasks. There is not a single company on earth that does not outsource anything. It is not just about cost arbitrage, it is also a finer expression of division of labour at the organisational level. Like all leverage, outsourcing is a double-edged sword too. On one hand, it allows you to do more, faster. On the other hand, if it goes bad, it can easily kill your business. If you do not believe that is possible – you can google the Fox Meyer saga from the 90s and see for yourself.

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UNCHAIN YOUR CORPORATION

Businesses Are Chained By Unseen Chains. If You Are Looking For Ways To “Unchain Your Corporation” A Successful Business Transformation Is Required.

Successful Business Transformations Are Difficult, Yet Rewarding.

Business Transformation Is Fast Becoming A Question Of Survival In The Modern Globalised Era.

Modern Supply Chains Integrate Businesses And Economies Faster By Systematic Information Sharing From Internal And External Sources.

Companies Can Multiply Profits By Progressively Ramping Up Cohesion And Collaboration Of All Moving Parts In B2B Network To Achieve Tighter Integration.

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GREEN SUPPLY CHAIN – AN ACTION MANIFESTO

It is generally accepted that environmental consciousness is now changing to environmental proactiveness as organizations are discovering that it makes good commercial sense.

Boards are asking the management to review their policies related to environmental norms, not only to bolster their corporate social responsibility aims, but also because consumers are asking for greener supply chains

It is also widely agreed that consumers will increasingly prefer to buy more and even pay more for products or services provided in an environmentally sound manner.

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