I recently finished reading The Future of Work – Attract New Talent, Build Better Leaders, and Create a Competitive Organization – by Jacob Morgan. As the author summarizes in his opening: “Many organizations around the world today are in trouble. The world of work is changing around them while they remain stagnant. The larger the gap grows the greater the chance becomes that these organizations will not survive. However, organizations shouldn’t just want to survive they must want to thrive and be competitive in a new rapidly changing world. To do this requires pioneering change, not waiting for tragedy or for a crisis to force change. The future workforce is bringing new attitudes and ways of work to which managers must adapt. This means that organizations must adapt to both employees and managers and, as of now, this is happening at a snail’s pace, if at all. This is a book about adapting to that change.”
On the five trends shaping the future of work:
1. New behaviors 2. Technology 3. Millennials 4. Mobility 5. Globalization
On the seven principles of the future employee:
• Have a flexible work environment where they can work anytime and anywhere. • Be able to shape and define their own career paths instead of having them predefined for them. • Share information internally in an open and transparent way in real-time. • Have the opportunity to become leaders without having to be managers. • Collaborate and communicate in new ways. • Shift from being knowledge workers to learning workers. • Learn and teach at-will.
From knowledge worker to learner worker:
The world is changing so quickly that by the time new college students graduate, much of what they have learned is far less relevant and in many cases just obsolete. This means knowledge and experience are no longer the primary commodity. Instead, what is far more valuable is to have the ability to learn and to apply those learnings into new and unique scenarios. It’s no longer about what you know, it’s about how you can learn and adapt.
On vital qualities for future employees:
Self-Direction and Autonomy, Filter and Focus, Embrace Change, Amazing Communication Skills, Learning to Learn
On the Ten Principles of the future manager:
Must be a leader. Follow from the front. Understand technology. Lead by example. Embrace vulnerability. Believe in sharing and collective intelligence. Challenge convention and be a fire starter. Practice real-time recognition and feedback. Be conscious of personal boundaries. Adapt to the future employee.
On many people still want structure:
An article published by Susan H. Greenberg on the Stanford Graduate School of Businessblog on August 1, 2012 called, “Building Organizations That Work”2 summarized the findings of the report: Hierarchies are easier for people to grasp than egalitarian relationships because their asymmetries create “end points’ that facilitate memorization; they are predictable; and they are familiar, beginning with our very first social interaction—the parent-child relationship.
On fourteen principles of the future organization:
• Have employees work in globally distributed yet smaller teams. • Become intrapreneurial. • Create a connected workforce. • Operate like a smaller company. • Focus on creating a place of “want” instead of a place of “need.’ • Adapt to change faster. • Innovate anywhere, all the time. • Build ecosystems. • Run in the cloud. • See more women in senior management roles. • Be “flatter.’ • Tell stories. • Democratize learning. • Shift from profit to prosperity. • Adapt to the future employee and the future manager. • Become globally distributed with smaller teams.
On competitor-driven innovation:
The extent of knowledge and innovation used to depend on the organization itself, or more specifically, a few people within the organization. This is no longer enough to maintain a competitive advantage. The future organization must build knowledge ecosystems in the five groups mentioned earlier in order to thrive. Each group can bring a unique perspective and value proposition.
On the 12 habits of highly collaborative organizations:
1. Focus on individual value before corporate value. 2. Strategy always comes before technology. 3. Learn to get out of the way. 4. Lead by example. 5. Listen to the voice of the employee. 6. Integrate into the flow of work. 7. Create a supportive environment. 8. Measure what matters. 9. Be persistent. 10. Adapt and evolve. 11. Understand that employee collaboration also benefits the customer. 12. Accept that collaboration makes the world a better place.
On the six-step process for adapting to the future of work:
1. Challenge assumptions. 2. Create a team to help lead the effort. 3. Define your “future of work.’ 4. Communicate your “future of work. 5. Experiment and empower employees to take action. 6. Implement broad-based change.
A recommended read in the area of organizational management.