Imagine you’re sitting in your corner office looking over strategy and product development for the next 12 to 18 months. Surrounding you are your CXO team, as well as, a host of executive level project managers. The remainder of your staff and management is made up of on-demand workers collaborating on a project by project basis on discrete time tables with fixed budgets. This is the future of work. Does this sound fantastical, too futuristic or downright crazy? This type of organization already exists … and it’s responsible for producing a variety of projects grossing billions of dollars on a
“I hated business. I didn’t really have any interest,” QVC queen Lori Greiner has confessed. “But that doesn’t mean you don’t have a knack for it.” In developing and marketing her first product, Lori Greiner found that she had not only a knack for business but an unexpected ability for entrepreneurship. The reluctant entrepreneur now owns more than 115 patents and is the undisputed wonder woman of the QVC home shopping network. Greiner is also one of the sharks on Shark Tank which recently started its fifth season on ABC. The show, which gives budding entrepreneurs a chance to break into the big time with
Changing the Employment Paradigm, the New Definition of Entrepreneur Since our country’s inception, American entrepreneurs have played a major role in driving U.S. economic growth and success. You have only to watch ABC’s reality show Shark Tank to realize that America’s entrepreneurial spirit is as strong today as ever. But as noted in our previous post, changes in the U.S. employment paradigm are about to swell the ranks of the country’s entrepreneurial community with a new class of entrepreneurs that are taking on the challenges and risks of managing their own business less by choice than by necessity. For these
Many experts are calling freelancing the job of the future and say that the U.S. is moving toward a primarily freelance work force, but how do you know if Freelancing Right for You. The 42 million Americans already working as freelancers currently comprise about a quarter of the U.S. work force. By the end of the next decade, experts predict that as much as 50% of the U.S. workforce could be freelance contract workers and telecommuters. The benefits of being your own boss appeal to many people who choose freelance professional jobs over working 9-to-5 in a traditional office setting, but the
Zoondy, the elite marketplace for peer-to-peer business expertise, is capitalizing on its recent surge in membership to raise an additional $2.5MM to expand its “Liquid Workforce” solution to 43 million U.S. business professionals. Zoondy is excited to announce the launch of their Fundable profile as they go into a new round of funding. Zoondy will leverage the power of the Fundable platform to reach investors that understand a shift is coming in HR and job search technology in general and want to get ahead of it by embracing the liquid workforce approach and the future of work. Zoondy is at the
Employers are looking for more than a college degree when they shop for job candidates these days. So how can College Grads Can Develop Work Experience they need to compete in this competitive market? As we noted in a previous post, obtaining a college degree no longer guarantees the high-paying jobs it used to. Entry level salaries for college grads have been down-trending over the past decade during which grads have seem their earnings drop 13%. While many blame the economy, the problem is more complex. College tuitions have been rising at unprecedented rates, but employers complain that graduates are arriving in the
A recent Forbes.com post offered the provocative thought that Entrepreneurs are Disrupting Unemployment. Co-written by LiveNinja founder Will Weinraub and marketing strategist Dorie Clark, a professor at the Duke University Fuqua School of Business and author of Reinventing You: Define Your Brand, Imagine Your Future, the article reinterprets unemployment data, suggesting that hidden beneath the statistics is the undocumented rise of a powerful entrepreneurial work force that is changing the focus of American business. As the authors note, instead of — and sometimes in addition to — shoveling out resumes and standing in never-ending job fair lines, an increasing number
Freelancing can be one of the most rewarding professions — you’re your own boss and have the freedom to schedule your own day.
But freedom does have its pitfalls, which is why many freelancers struggle to maintain the productivity they need to excel at the job.
Welcome to Part 2 of our two part series on the Future of Work: Reinventing Your Company for the Networked Era by Les Martel and Jeff Loher. In Part 1 you learned what the “Networked Era” is and what it means to you and your companies survival. The authors introduced you to the “Organizational Fitness Lens”; a handy tool to asses your company as it prepares for the coming evolution/revolution of “work”, employment and corporate structure. In Part 2 you will learn how to use the “Organizational Fitness Lens” to assess your company’s survival in the coming evolution/revolution of “work”,