Work-Life Strategies & Solutions

On the Evolution of Work Systems in the Digital Economy

Category Archives: Evolution of Work

The Gig Economy for Businesses [Infographic]

It’s no secret that the modern workforce is changing. In an era where more value is being placed on workplace autonomy, flexibility and freedom, the gig economy is becoming the new normal. In fact, 36% of workers in the U.S. work in the gig economy (in some form or another). Spurred by technology, the gig economy has helped create a buyer’s market for many job seekers, offering businesses who utilize it’s services the agility businesses need to stay competitive.

It’s likely that you’ve heard of the gig economy as “side hustles” offered through on demand platforms like Uber, Amazon Flex and Postmates. However, the gig economy encompasses a broad range of workers, that are simply “independent.” This means that gig work is everything from rideshare and delivery services to freelance writers, designers, and other contractors.

In the gig economy, there are two sides: that of independent workers and that of businesses who utilize the services of independent workers. To help you better understand the history of the gig economy, how each side works best practices for businesses and independent workers. Startup insurance company, Embroker, put together this comprehensive guide that covers all facets.

For example, in their gig economy for businesses chapter, they cover best practices for startups and companies to best utilize the skills of independent workers. Some of these include:

  • Identifying your needs and skills gaps.
  • Developing a long-term strategy that lets you take advantage of on demand talent
  • Utilizing different platforms like Upwork, Freelancer and others to find experts that work best with your business
  • Different ways to efficiently operate with a blended workforce.

To learn more about these best practices and ways to implement them in your businesses, check out their full guide to the gig economy. Read more of this post

How These 3 E-Commerce Companies Work Remotely

This article was originally published by Index Code

 

Software, mobile development, SaaS, and other tech companies that hire remotely are a dime-a-dozen: companies like Stripe, Buffer, and Coffee Meets Bagel are just a handful of those that benefit from working with top developers all over the world. 

 

Remote workers are penetrating virtually every industry, not just technology. A survey by Upwork found that 63% of companies now have remote workers, and 90% of those working remotely plan to continue doing so for the rest of their careers. Even e-commerce companies are shifting to a remote-friendly culture. While it may seem disjointed to design and produce a physical product with a distributed team, these e-commerce retailers, wholesalers, and brands are harnessing the benefits of remote work. Here’s how they do it. Read more of this post

Flexible Working: Productive or Destructive?

The following content was submitted by Vervoe. The original article can be found here.

It’s a much-debated topic and a growing trend, but most companies still don’t seem to take a deliberate approach to flexible working. Instead, they just offer a vague middle ground of “flexible working” on a case by case basis.

There are strong arguments for encouraging remote working and, conversely, arguments for bringing everyone together under the one roof. As recent examples highlight, there is no “one size fits all” answer. The key is to tailor your company’s approach to your objectives, operating rhythm, desired culture and workforce composition.

Back to the office

Yahoo! CEO Marissa Mayer famously abolished working from home in 2013, saying that “people are more productive when they’re alone, but they’re more collaborative and innovative when they’re together. Some of the best ideas come from pulling two different ideas together.”

It’s a powerful argument. It also contains an inherent assumption that working from home increases productivity, which may not always be true. But Mayer had to do something to shake up Yahoo!’s culture and she put collaboration ahead of flexibility, which is what she felt the company needed at that point in time.

In 2014 Reddit decided to consolidate its workforce in one location, San Francisco, and abolished remote working. Reddit’s reasons were similar to Yahoo!’s.

More flexible companies

Read more of this post

Big Data and the Psychologist’s Role on the Analytical Team [Infographic]

Having a strong interest in how psychologists are invaluable in various roles and industries, I found the following infographic which was submitted by Circa Interactive both interesting and informative. Why are psychologists valuable when it comes to analyzing big data? This infographic answers that very question with a prediction, description of how big data impacts psychology itself, explaining big data’s significance, and providing real world examples of the intersection between big data and psychology.

Via USC Dornsife Read more of this post

A History of Projections About the Future of Work [Infographic]

Now the following infographic is very interesting as it illustrates various projections (both optimistic and pessimistic) about ways in which technological advancement would affect our lives. In doing so, the creators of this infographic argue that many of these have not come to pass. With that said, there are various points that you might agree and disagree with. Personally, I don’t think conceiving of public education as a “protracted imprisonment” is too far off the mark. Ha!

However, take a look at this and let me know what you think! Read more of this post

Special Feature – Managing a Remote Team: How to Do It Well

Here is another upbeat, optimist article on working remotely by Michelle Kiss at Clicktime.com. In this article, she provides valuable some tips for surmounting common problems regarding remote team performance (communication, accountability, etc.) and social cohesion. In Managing a Remote Team: How to Do It Well, she writes:

Remote teams are the future. Heck, remote teams are the present! Thanks to a host of factors — improved technology, the high cost of rent, a more globalized workforce — more and more companies are choosing a remote model.

Going remotely can pay plenty of dividends. It lets you hire the best employees, without being bound by geography, it significantly cuts down overhead, it helps employees maintain a healthier work-life balance (no commuting time!). When done well, it can respect employees’ time and boost their effort.

But it also poses some potential problems. Here are some crucial steps you can take to avoid them.

Read more at Managing a Remote Team: How to Do It Well

Special Feature: Top 10 Advantages and Disadvantages of Working from Home by Michelle Kiss

Early this year I mentioned that I won’t be authoring any more posts about working remotely myself. I still welcome content submissions on this topic however. That said, the following content on advantages and disadvantages of working from home was submitted by Arabella Ignacio from Clicktime.com. I believe the author made wonderful points and agree with the takeaway message to know yourself. In Top 10 Advantages and Disadvantages of Working from Home, Michelle Kiss writes:

Let’s be real, no matter where you’re working from, you’re still doing just that: working.

So, should you work from home or work from the office? It honestly comes down to what environment you’ll be most effective in. (And how nice your home office is.)

One person’s productivity booster can be another’s distracting disaster.

With that said, let’s take a look at some of the classic benefits that working from home!

Read more at Top 10 Advantages and Disadvantages of Working from Home

The Top Management Models That Are Changing How Business Operates [Infographic]

Submitted by Quinn Cooley, Media Manager at at Circa Interactive

Edited by Lynn Patra

North American business leaders have their fingers on the pulse of what it takes to flourish in a constantly changing society. No, it isn’t cutting costs. It is learning how to adapt to change.

The management issue businesses face

While 75% of executives believe that their future success is dependent on their ability to adapt, less than half of them have tried change management programs. And, of the people that have tried to integrate change management programs into their business, only 54% of them feel as though their efforts have been successful.

Clearly, there is a discrepancy between what prevailing wisdom says must be done, and what is actually getting done.

The issue with implementing effective change

Surprisingly, most executives agree that an overhaul on corporate culture is necessary in order for change to effectively occur. While the vast majority of executives agree that it is necessary to consider a company’s culture in order to make effective change, 76% also acknowledge that this was not accomplished in their own change management efforts. Read more of this post

How the Skills Gap Affects the Global Economy [Infographic]

Thus far, this blog has focused on issues as they pertain to the United States. As a departure, this infographic compares the existing skills gap in various nations. I’m sharing this as a natural lead-in to an upcoming post on work-related trends and challenges in other countries (with a focus on Asia). The future post will consider the interaction of government policies’ impact on the local economy and demographic trends, and how this impacts innovation and entrepreneurship. I find that examining circumstances in other parts of the world can benefit one’s thinking about issues within one’s own country.
 ***
The following information was published in 2012 (which is still considered recent according to the world of social science research – the last time I checked anyway). Let me know your thoughts and if there’s information you would add to or change here.

Read more of this post

A Personal Note & Sober View of Online Business Headaches: Reputation Management & Cybersecurity

The benefits of online businesses have always been clear to me (e.g., the freedom and flexibility, the broad reach to potential faraway customers, etc.). However, recently I noted some massive issues online business owners face – reputation management and cybersecurity.

Internet mobs can destroy someone’s livelihood for years, and an unpopular or misconstrued Tweet (along with bad luck perhaps) can spark their wrath. Such missteps are related to innumerable topics – too many to list. So, I’ll visit the issue of bringing up politics in professional communications for business owners (but much applies to job seekers and employees alike) as I’ve previously discussed it from another angle.

Reputation management: Politics

Business owners must be wary of expressing political views in ways that don’t mesh with their customer base. I don’t know how often cases like this happen but one of my survey respondents wrote that merely unveiling your political affiliation can alienate customers: Read more of this post

%d bloggers like this: