The Future of Work: read a special double issue from Business Week
A must-read for all the generations in the workplace: Millennials, GenY, GenX, Boomers...
Business Week recently published a double issue that is a "must read" for those interested in the 21st C. workplace. The Future of Work: how we will master technology, manage companies, and build careers in the era of the global, 24-7 workplace offers facts and conclusions based on a summer 2007 survey of 2000 American middle managers. Some random points of interest:
- The modern workplace resembles a design studio, where core values are collaboration and innovation
- More than 1 in 4 workers age 55 and older say they never expect to retire; only 1 in 10 under age 30 say the same thing.
- Job satisfaction in the U.S. has fallen by 12 percentage points in the last decade - a record low.
- Multinational companies are having trouble getting people to work well together: e-mail and telecommunications are expedient, but complex teams are more productive through face time.
- Dow Chemical is one of the companies trying to stave off a brain drain created by the expected retirement of 30% of its workforce over the next 5 years. Dow is offering flexible hours, three-day workweeks, and an open door to retirees who want to return to the workplace.
- India is trying to keep its talent in-country. Accenture Ltd. assigns a career counselor to each employee and offers continuing education through a range of 10,000 courses. Message for workers on all continents: Continuing Education is a key to success in the workplace of the future.
- Sustainable careers are those that involve deep relationships with customers and extensive knowledge of market conditions - another boon for Boomers...
This issue includes a piece by Diane Brady called, Creating Brand You. The author identifies Estee Lauder as an employer offering personal branding training as a means to strengthen employee loyalty and engagement. The author claims that Generation X types are more skeptical of the value of branding than are the Boomers and younger Gen Y'ers. She reminds readers of all generations that "your co-workers aren't just your colleagues. They're your audience."
Those interested in achieving change in the 21st C. workplace should check-out this issue - we can discuss and debate the issues raised for weeks. Looking for your comments and reactions on this blog; your participation will make this a place for an exchange of ideas between people with shared interests!
Posted by Karen P. Katz


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