5 Actions for Business Leaders to Help the Company AND the Economy

This Pesky World of Work Has Changed

The world of work has changed and it’s not coming back as we once knew it. Whether you are the chief people officer at the top, leading a department, or forging the way forward as an individual contributor, you’ve by now realized the new normal is not like the last normal.

Forces Beyond Your Control

Some forces acting on your organization are out of your control: industry consolidation, globalization, public policies of all sorts, advances in technology, a flight to values, demand for increased transparency, distrust of government and banks and cable monopolies, shifting workforce demographics, etc.

But, this doesn’t mean you are powerless, ineffective, and should sit on the sidelines. Of course, you could choose to do nothing. But, that usually isn’t a very good option for getting a desirable outcome. Your proverbial ship will eventually hit the reef ahead if you don’t veer port or starboard. You must take action. The annals of company histories are chock full of such victims that witnessed innovation from the sidelines. The marketplace is an unforgiving lover; your’e hot when your’e hot, and forgotten when you’re not. Size or tenure do not insulate you from marketplace realities.

Some Sobering Facts:

  • companies are running leaner than ever
  • employees feel insecure and overworked
  • work is increasingly specialized
  • leaders are forced to do more with less
  • employee engagement has declined and loyalty has evaporated in both directions

Pay No Attention to the Man Behind the Curtain

Don’t look to the media, politicians, and economist for answers. You won’t find relevant prescriptions there. What you will find is self serving rhetoric bordering on sensationalism and focused on getting somebody elected or re-elected. They each have an agenda that is unlike yours and certainly not like your customers, employees, vendors, partners, or communities you occupy. The correct prescription is to do what is right for the business and all of its stakeholders. So, what the hell is a business leader to do?

Here are 5 Actions Business Leaders Can Initiate Now

If you are a leader by committing to these 5 actions, you will help your company and the economy at the same time. If you are not the business leader you don’t have to sit on the sidelines while your organization unravels. Consider today the “elbow nudge the leader at work day.” For additional clarity on any of the following 5 actions see the slideshare.net presentation below or my book, The Experience Design BLUEPRINT: Recipes for Creating Happier Customers and Healther Organizations. Pay particular attention to Chapter 14: The World of Work Has Changed.

  1. Create an innovation neighborhood. Stock it, in part, with outside entrepreneurs. Add fractional talent that you cannot attract for a job, but would still like to work with your organization. Shake things up by adding “entrepreneur seasoning.”
  2. Recognize and abolish your internal innovation hurdle (IIH). It’s really ok that your next business opportunity may only be a $ 20 million business as opposed to a $ 1 billion business. Small is the new big – get used to it and get good at it or you’ll be a Berlin Wall remnant.
  3. Treat people with dignity and respect . Add people to give current employees more capacity. Stop fear mongering tactics, period. Reduce executive pay before shedding employees upon bad news. The raving fans you build start inside your own organization. You are at a disadvantage if you don’t start there.
  4. Adapt your non-discriminatory policy to include the unemployed and especially the long term unemployed and veterans. Reprimand or fire those that break the policy. Go for diversity in everything. If everybody inside your organization looks and acts the same – your organization’s unwinding has already begun.
  5. Be more collaborative by sponsoring, using the talent within, and becoming a resident of co-working spaces.

Need help with any of these or want to discuss? Please get in touch.

Four Great Resources for Humans in a World of Work That Has Changed

Sushi Thai Seattle closed - middle class income disappearing in world of work that changed - DelightabilityThe World of Work Has Changed
The world of work has changed and it isn’t coming back as we once knew it. Once we accept these structural changes as individuals, organizations, and as a country we can go about our business to maximize opportunities for Americans to make a living, make a difference, and make an impact. Full employment for those that want it should be a national goal and priority for any great nation. But, sadly this isn’t part of our national conversation and it certainly doesn’t dominate the media headlines.  SushiThai Seattle, a place I enjoyed in my neighborhood recently closed. Your community has probably felt similar closures. Each restaurant closure or other business that shutters their doors, citing a lack of demand is a symptom of our world of work that has changed. Incomes of many ordinary workers have been decimated. This is a solvable problem if we think differently and work cooperatively.

office building world of work has changed - Delightability

Few Are Insulated in a World Changed
Whether your office is on the 70th floor, in a basement, in mahogany row, cubicle bay, the kitchen table, the operating room, the local coffee shop or a coworking space, you have to agree on this: The world of work has changed. Of course it has, because the world has changed. If you don’t see this, then you are not looking very hard or you are very insulated.

Three Major Forces Changing the Nature of Work
There have been three major forces in play for a while now that continue to shift the nature of work, employment, jobs, careers, etc. They are:

  1. industry consolidation;
  2. advances in technology;
  3. and trade policy.

And yes, there are other forces at play as well like accounting rules, tax policy and loopholes, and plain old fashioned human and corporate greed. But, I’ll leave those discussions for another time.

The Great Costs of Being Idle
Aside from the very visible restaurant and store closures, the ramifications of sidelined talent and organizations unwilling or unable to engage talent is decreased innovation, stalled human progress, and stymied organizations. Problems persist and opportunities go unaddressed. That means more broken experiences and poor service quality for us as consumers, citizens, customers, members, owners, passengers, travelers, etc. For those courageous leaders that do move forward, new possibilities await, in terms of products, services, market share, new ventures, brand loyalty, consumer habits, partnerships, etc.

Stop Waiting and Start Creating
But, you can’t mind meld with your future self or look through the prospectiscope and see future possibilities very clearly. When we do look forward, we tend to actually obsess on looking backwards at earnings, GDP, and the stock market. It is very easy to get quickly trapped by history, paint the future with the past and not see new possibilities. If you rewind the clock to look at iPhone sales and Android devices before those had been invented you’d see zero, 0, zed, nada. No revenue, no profit, no possibilities, especially if you were in an industry or market that was displaced as a result of the more open marketplaces that both of those ecosystems enabled. How wrong you’d be today. But, in your own industry, you may also be wrong. What if you are? How costly will that be?

It takes a special mindset to see what what you are not looking for.

Bigger Thinking is Needed for Larger Possibilities
Steve Jobs had vision. The Open Handset Alliance that collaborated to bring us the Android operating system had a vision and purpose. Kennedy’s man on the moon speech sparked a nation to action. Hundreds of thousands of jobs across a range of industries and institutions were the result. That would be a whole lot of employment today; it was an even larger percentage of workers in its day given there were fewer workers. We benefit from innovations of that era, to this day. Imagine the possibilities of our collective future if we only nudge our attention in the right direction. Imagine if the corporations sitting idle on a collective $1.95 trillion offshore were to put that money to innovative and good use in local communities, the nation, and in the world. Oh, the possibilities.

Each of Us Has a Role to Play in Our Collective Future

Whether you are an independent worker today, become one tomorrow, or hire independent workers, here are four resources to hopefully inspire and educate you on a World of Work that has forever changed:
image of The State of Independence in America report from MBO Partners - World of Work has Changed - Delightability1) The State of Independence in America report from MBO partners is a treasure trove of facts and figures that are sure to educate, inspire, challenge, and maybe even validate some of your observations and experiences. Chances are you won’t simply have a J-O-B as most have been accustomed to in the past. And, you won’t solely interact with others that have J-O-Bs. If you look around, you’ll notice this to be very true already, and getting more true.

Freelancers Union A Federation of the Unaffiliated smaller - The World of Work Has Changed - Delightability2) Freelancers Union is a website dedicated to being a Federation of the Unaffiliated. Founder and Executive Director, Sara Horowitz, participated in a panel discussion with Darren Walker, President of the Ford Foundation and President Bill Clinton, among others on June 24th, 2014 at the Clinton Global Initiative in Denver, Colorado. Sara represented the humongous and growing collective of freelancers and independents working in America. This is very important since most of these people are largely invisible. They don’t show up in unemployment or under-employment numbers. By the Bureau of Labor Statistics own admission in their Technical Paper 66 – Design and Methodology of the Current Population Survey, “The labor force concepts and definitions used in the CPS have undergone only slight modification since the survey’s inception in 1940.” Ah great – so basically the methodology for measuring labor force participation was invented shortly after the great depression and has yet to embrace a new reality that includes the internet, mobile phones, co-working spaces of all shapes and sizes,  liberation from land based telephone lines, social networking, etc. This is very wrong and why at Delightability we’ve taken a step in a new direction with number 3 on our list.

Please Count Me - Human Centered Community Project for Americans to Self Report Employment Status - Delightability3) Please Count Me is a community website for Americans to self report their own employment status whether fully-employed, super-employed, unemployed, or under-employed. This is a human centered community project we started at Delightability to shine a light on some of the structural changes in this country and the need to have a better conversation, reduce ignorance and rhetoric, and hopefully affect policy and lawmakers to do the right thing for the entire country not just the wealthy and influential that finance campaigns. Add yourself to the workers in more than half the states that have already added themselves to the count. Read the alternative jobs report.

book cover image - The Experience Design BLUEPRINT by Gregory Olson of Delightability 4) Another resource is my book, The Experience Design BLUEPRINT: Recipes for Creating Happier Customers and Healthier Organizations. Aside from practical tools, exercises, and recipes that can be applied to any size and type of organization, the book specifically has a chapter with prescriptive guidance for large business, small business, underemployed, unemployed, coworking spaces, congress and other policy makers to work cooperatively toward full employment, human progress, and reaching our collective potential.  See Chapter is 14. The World of Work Has Changed.

Continue the Conversation
While these four resources I shared are US centric, my friends in Spain, the Netherlands, Canada, The United Kingdom, Germany, Hong Kong, Australia, and other countries will no doubt be sparked by localizing the concepts in these resources as well. Comments are closed here but please email me or message me on LinkedIn, Twitter, or Facebook with other resources you find inspiring. Thank you Sabine for making me aware of 400 Euro “mini-jobs” in Germany. More on that in a future post.