Industry Future Council examines “Gen Z” and the multi-generational workforce of tomorrow
The Equipment Leasing & Finance Foundation’s Industry Future Council (IFC) is comprised of a cross-section of selected industry executives who explore current issues, trends and the outlook for the future of the equipment finance industry. This past February in Washington, D.C., IFC members focused their conversation on the workforce of the future. The Industry Future Council Report outlines key takeaways from the two-day convening, which was sponsored by PayNet and IDS.
Key Themes
- The equipment finance industry is already in the midst of incredible change, and the pace will only accelerate. The good news is that younger generations will embrace technology and use it to ever greater efficiency and productivity.
- Changes in the environment, which will likely include an increase in natural disasters and water shortages, will foster changes in the types of equipment needed and financed.
- Companies that take time to create scenarios of possible futures are better able to identify trends and early indicators of change that others may miss.
- By thinking ahead not three or five years, but 10 to 12 years down the road, equipment finance leaders are likely to find exactly what they are looking for: new ideas to perpetuate an industry with a remarkable history of adapting to change.
IFC participants created theoretical profiles of industry personnel in 2030.
The complete 2018 Industry Future Council Report is now available. Visit the Foundation’s website at www.LeaseFoundation.org to access this free planning tool.
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2018