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The answer is YES.
Our current conception of what it means to “go to work” is
fast giving way to a more adaptable and dynamic system.
As a business leader in this new world of employment, you
need to understand where you fit in that landscape, so you
can plan for your own and your employees’ futures.
Here are just a few examples of what to expect as the face of
the modern workplace changes in the years ahead:
Deloitte’s Mass Career Customization program offers a vision
of what is happening to the corporate promotion structure.
It offers flexibility, allowing Deloitte employees the ability to
make lateral moves instead of traditional promotions.
More employees than ever
require this kind of flexibility.
The old “move up or move out”
philosophy no longer applies.
Instead employees’ careers follow
more complex paths, moving from
side to side and up and down as life
situations dictate.
Employees no longer see their job as a life-long
commitment, but instead as a temporary means of
bridging one stage of life to the next.
If you want to keep talent working for your organization for
longer, you need to accommodate these inclinations.
This means less emphasis on overtime, and more emphasis
on quality work experiences.
More than ever, employers have to think about the
environment they provide, making it the kind of place
people want to spend time working in.
The end of the old promotion hierarchy will
mean that those who are cut out for higher
level positions will eventually wend their
way up, following a natural progression and
gaining more varied experiences as a result.
Meanwhile, talent that would otherwise have been forced to
the sideline will remain with the organization, more
productive and satisfied with their jobs.
All leaders in the modern economy should take note and
start emulating this kind of system.
Today’s generation of workers places more value in their
personal growth than on their particular career trajectory.
The career is therefore largely seen as a means to an
end, which has implications for the management style.
The new generation of management trends toward the
following characteristics:
A focus on
accomplishments
over status
A focus on
individual
projects and
goals over long-
term benefits.
An increased
reliance on
consultants and
independent
contractors over
long-term
employees
The new generation of managers must be adept at
managing a wider variety of relationships outside of the
confines of the company and around the world.
Telecommuting is just the tip of this iceberg. The team
members on an individual project might be scattered
across the globe, from Hong Kong to New York.
Managing them requires skills in collaborative
thinking and decision-making.
More importantly it requires the ability to know how to
motivate people whose goals and ambitions are very
different from your own.
You need to be comfortable with the prospect of trusting
people who you may never meet in person.
Potentially, the new face of work can be infinitely more
satisfying and lucrative than the old model.
If you want to harness this potential, the first step is
acknowledging the changes that are happening all around
you.
Only with that understanding can you begin to take
advantage of the new face of the modern workplace.
For a more in-depth treatment of this and many
other topics relating to modern business
administration, consider picking up our book, MBA
2.0: Handbook for Modern Business Practice and
participating in Fast MBA programme.
In MBA 2.0, we’ve cut out the filler clogging most
traditional business literature. In its place we offer
a lean, results-oriented primer geared to turn you
into the kind of innovator who will thrive in the
emerging economy.
Using real life strategies drawn from the
experiences of today’s successful
entrepreneurs, MBA 2.0 is designed to help you
tack with the winds of change and harness the
power of the hyper-connected global marketplace.
Whatever your business goals, MBA 2.0 will help
you get there.
now
Images courtesy of bplanet, sheelamohan, stockimages, ambro, stuart miles, dream designs, jscreationzs, / FreeDigitalPhotos.net
Copyright © Compressed Business Education 2013. All Rights Reserved. This video is the copyrighted work of Compressed Business Education. Copying, re-uploading or electronically modifying this
video without CBE's express consent is prohibited.
For more interesting content, visit us at
www.cbebusiness.com

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The Future of Work: Is the Office As We Know It Disappearing?

  • 1.
  • 3. Our current conception of what it means to “go to work” is fast giving way to a more adaptable and dynamic system.
  • 4.
  • 5. As a business leader in this new world of employment, you need to understand where you fit in that landscape, so you can plan for your own and your employees’ futures. Here are just a few examples of what to expect as the face of the modern workplace changes in the years ahead:
  • 6. Deloitte’s Mass Career Customization program offers a vision of what is happening to the corporate promotion structure. It offers flexibility, allowing Deloitte employees the ability to make lateral moves instead of traditional promotions. More employees than ever require this kind of flexibility.
  • 7. The old “move up or move out” philosophy no longer applies. Instead employees’ careers follow more complex paths, moving from side to side and up and down as life situations dictate.
  • 8. Employees no longer see their job as a life-long commitment, but instead as a temporary means of bridging one stage of life to the next.
  • 9. If you want to keep talent working for your organization for longer, you need to accommodate these inclinations. This means less emphasis on overtime, and more emphasis on quality work experiences.
  • 10. More than ever, employers have to think about the environment they provide, making it the kind of place people want to spend time working in.
  • 11. The end of the old promotion hierarchy will mean that those who are cut out for higher level positions will eventually wend their way up, following a natural progression and gaining more varied experiences as a result.
  • 12. Meanwhile, talent that would otherwise have been forced to the sideline will remain with the organization, more productive and satisfied with their jobs. All leaders in the modern economy should take note and start emulating this kind of system.
  • 13. Today’s generation of workers places more value in their personal growth than on their particular career trajectory. The career is therefore largely seen as a means to an end, which has implications for the management style.
  • 14. The new generation of management trends toward the following characteristics: A focus on accomplishments over status A focus on individual projects and goals over long- term benefits. An increased reliance on consultants and independent contractors over long-term employees
  • 15. The new generation of managers must be adept at managing a wider variety of relationships outside of the confines of the company and around the world. Telecommuting is just the tip of this iceberg. The team members on an individual project might be scattered across the globe, from Hong Kong to New York.
  • 16. Managing them requires skills in collaborative thinking and decision-making.
  • 17. More importantly it requires the ability to know how to motivate people whose goals and ambitions are very different from your own. You need to be comfortable with the prospect of trusting people who you may never meet in person.
  • 18. Potentially, the new face of work can be infinitely more satisfying and lucrative than the old model. If you want to harness this potential, the first step is acknowledging the changes that are happening all around you. Only with that understanding can you begin to take advantage of the new face of the modern workplace.
  • 19. For a more in-depth treatment of this and many other topics relating to modern business administration, consider picking up our book, MBA 2.0: Handbook for Modern Business Practice and participating in Fast MBA programme. In MBA 2.0, we’ve cut out the filler clogging most traditional business literature. In its place we offer a lean, results-oriented primer geared to turn you into the kind of innovator who will thrive in the emerging economy. Using real life strategies drawn from the experiences of today’s successful entrepreneurs, MBA 2.0 is designed to help you tack with the winds of change and harness the power of the hyper-connected global marketplace. Whatever your business goals, MBA 2.0 will help you get there. now
  • 20. Images courtesy of bplanet, sheelamohan, stockimages, ambro, stuart miles, dream designs, jscreationzs, / FreeDigitalPhotos.net Copyright © Compressed Business Education 2013. All Rights Reserved. This video is the copyrighted work of Compressed Business Education. Copying, re-uploading or electronically modifying this video without CBE's express consent is prohibited. For more interesting content, visit us at www.cbebusiness.com