Millions of young Americans are experiencing a “quarter-life crisis.” They understand that the economy and the nature of work have changed forever. Talent today want more bang for their buck. They want to leave a mark, make a contribution, have a purpose. In short, they’re seeking a calling more than a career. They crave meaning, autonomy, and exploration. Managing one’s vocation successfully is no different than managing a business. And that’s why the contingent workforce has the power to[...]
Thanksgiving is practically here, and you can feel its presence. There’s a fresh chill in the air that creeps in on late afternoons. The darkness falls earlier, followed by the aroma of logs smoking within cozy hearths. The clerks at the market are frantically stocking the shelves. Then there are the elaborate plans drawn up to coordinate the efforts of recipe gathering, shopping, cooking, accommodating guests, laying out tables, and setting up for the big game. Yet the spirit of this season springs from a profound sense of gratitude. We at Crowdstaffing believe that relationships form the cornerstone of our success. We wouldn’t be able to achieve our goals without the unflappable support of our cherished partners. And so I would like to take a special moment to thank you all.
Sometimes, to gain a clear perspective of events, we must look beyond our own boundaries. Let’s face it, dissecting challenges and shifts is more difficult for those in caught in the middle of them. This is why I found a September 30 editorial in Britain’s The Observer a timely and informative piece. “There is a range of social and economic challenges that will test that commitment to reform: how to cope with an ageing population; how to move to growth based more on investment than debt; how to come to a more equitable settlement between the generations,” the article stated. “One particularly important question is how we adapt to the challenges technology and automation pose for the future of work.” Across the pond, we’re confronting the same questions. Yet unlike the naysayers, pessimists and neo-Luddites, I agree with the overwhelming conclusion that British economists have reached: we’re not investing in “productivity boosting technology fast enough.”
It’s October, friends, which means the spooky season is upon us. And for businesses that have staked their profits on the presumed longevity of the retail space, the stories we’re reading have become frightening tales. Longstanding, traditional merchandisers like Toys “R” Us and Payless recently filed for bankruptcy. Enterprises such as Walmart, sensing the stormy seas of change, are connecting themselves to the digital landscape through strategic alliances with the likes of Google. Some analysts have labeled the phenomenon a “retail apocalypse.” Others call it the “Amazon effect.” I think it goes beyond that. What we’re witnessing, as I wrote in September, is the emergence of talent ecosystems -- the next iteration of transformation from the roots of the gig economy. IKEA’s acquisition of TaskRabbit provides another strong hint. And one day soon, blockchains may create an entirely new future of work through Decentralized Autonomous Organizations, as the power of the crowd grows.