The New World of Work – Part I
Innovation and disruptive technology have led to significant changes in the world of work. In this “New World of Work”, two aspects have been affected the most: (1) the nature of work (WHAT we do) and (2) the way work is executed (HOW we do it).
Reflecting back on the evolution of society and the modern economy, we can identify three emerging features of the New World of Work:
- It is being accelerated by technology
- It is more connected
- It is even less predictable
Here, I’m going to explore the first radical change “accelerated by technology”. The other “more connected” and “even less predictable” will be the subject of future posts.
As we have left the Industrial Age to enter into the Information Age, we’ve seen an exponential increase in the generation, manipulation, storage, and consumption of information.
As a result, a dramatic increase in complexity has also developed. This deluge of information represents a challenge for most people regardless of age. It’s becoming more and more daunting to keep pace with the amount of information and increasingly more difficult to single out the important information – “signal”, from the ever-present and increasing background “noise”.
Not only that, the dissolution of the space-time barrier that used to exist prior to the internet has further exacerbated the issue. It’s not about having access to information anymore that is the bottleneck – because most of it is freely available at your fingertips, but the challenge lies in finding, manipulating, making sense of and using the important/relevant/accurate/trustworthy information among these quantum fluctuations. In other words, finding the needle in an exponentially growing haystack.
The need for speed also requires a shift in mindset. Not only do you have to deal with the rate of change and the high levels of uncertainty that it generates, but you also have to develop agility, resilience and execution as learning to survive and thrive.
So how do you develop those “New World of Work” qualities?
- Agility comes from your ability to learn fast and adapt rather than relying on your extensive experience or academic knowledge. It’s about acting in ways that will produce rapid feedback so you can learn fast from those feedbacks to adjust your course of action. It’s about developing new levels of clarity and optimising your performance. It’s about the necessity to reinvent yourself day in and day out to continue to survive and eventually thrive in this constantly changing landscape.
- Resilience comes from the ability to handle high-pressure stressful complex situations and develop your ability to regulate your emotional state to sharpen your decision-making capacities. It’s about developing your own unique ways to deal with overwhelm, stress, anxiety, workload and pressure in order to efficiently and effectively manage your levels of energy, clarity, focus and ability to execute.
- Execution as learning requires the ability to emotionally detach from outcomes, gain perspective and let go of that “perfectionist mentality”. It’s about focusing on developing your capacities to learn fast no matter what… It’s about the flexibility of behaviour – the law of requisite variety.
Finally “accelerated by technology” has led to the tendency for people to over-rely on technology at the expense of common sense and critical thinking – automation complacency.
To not only survive but to thrive in the New World of Work, a radical change in mindset is required. That’s why it’s no surprise that personal innovation, personal development and executive coaching have become important parts of professional development and a “must” in our modern economy to reach a new level of success and fulfilment.
So, if you’re finding it hard to cope with the New World of Work, that you’re on the verge of collapse, or have the impression that you’re stuck in an impasse, it may be time to ask yourself:
- Am I taking full responsibility for my personal innovation?
- What can I do right now to reinvent myself and adapt to the New World of Work?
- What can I do to be/become a fast learner?
- What can I do or must do that I’m not currently doing?
- What is the one thing I can do that by doing it, it will make everything else easier or unnecessary?
The New World of Work is ruthless, however, the good news is you don’t have to do it all on your own. There is plenty of help around. All it takes is for you to pause for a moment, take a deep breath… and make the first step to reaching out…
In Nutshell:
The New World of Work is accelerated by technology, more connected and even less predictable. It requires the adoption of a new mindset to develop agility, resilience and execution as learning. It requires you to take responsibility for your personal innovation and your own personal/professional development.
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