Private Wealth and Family Office Association – Family training and development.

Winnie Byanyima, Executive Director of Oxfam is right when she says that "quality jobs" is a key challenge for world prosperity.

MacKinsey Global Institute (GBI) found that there is a global job market caused by globalisation and technology.

As it was the advanced economies that invested in new technology that led to the creation of new thousands of millions of jobs and took these un-employed out of poverty, they also created high-skill positions mostly at their top end.

So after 4 decades of globalisation, (GBI) summarises the world job market as:

• shortage of between 38-40 million of high skill workers,
• surplus of nearly 100 million low skill workers around the world and
• shortage of 45 million medium-skill jobs in developing economies.

So at the low and medium skill level we have jobless, millions more in vulnerable employment and millions of workers globally live in extreme poverty.

But at the top end, fortunes increased by $2.5bn (£1.94bn) a day while the bottom half of humanity – 3.8 billion people – got poorer, by $500m a day.

This anomaly causes tensions in most societies.

The new world order is nothing like the old and the whole concept of "Work-Life Balance" is out and in comes "Work-Life Integration". The term is less important than accepting that progress in work without intermingling it with our personal one is just unrealistic. What do we want: a meaningful existence where everybody have more moments of enjoyment in all areas of their lives. So work has to play an important part of our life.

Gaining longer moments of enjoyment implies a change in our mind set. We may have to invest in permanent learning and knowledge sharing at every level of our life to adapt to this new world order. “Googling” cannot replace structured training and development, which are vital for our growth and that of our loved ones. So we must invest in ourselves!