On the Evolution of Work Systems in the Digital Economy
Tag Archives: Decision making
The following content was submitted on behalf of Valpak.
Any major business move requires taking a risk. Whether you leave your corporate job to pursue a passion project, launch a new product, or partner with a new company, it can be daunting to make a drastic change. Thankfully, there’s a helpful strategy to weigh the potential outcome before taking the leap.
Calculated risk-taking involves carefully considering the pros and cons of a decision, with a thoughtful plan behind it. There are helpful steps, tools, and tactics you can use break down the outcome into smaller digestible steps. Make a list of everything that could go south if you move forward with the decision, whether it’s related to your business finances, relationships, self-care, or time. Schedule regular check-ins as you work towards a goal to see what kind of progress you’re making. The more you understand all potential costs to that risk, the better you can improve its outcome.
For a helpful breakdown on calculated risks, view the visual from Valpak below. It covers steps to follow so you can anticipate red flags and successful company who have used this method. Read more of this post
Excellent points and questions raised by Jane Watson with regard to growing job insecurity and what may come out of this wave of creative destruction. I especially appreciated the section on humankind’s resiliency and how difficult it is to foresee what kind of work we’d create for ourselves. Terrific analysis!
We live in an age of job insecurity. If it wasn’t enough to be worried about being ‘restructured’ or outsourced, the recent surge in press about the robot workforce of the future gives us another reason to toss and turn at night.
“You’d better be nice to the robots”
The chatter about how many of us will be replaced by robots in the coming years has reached fever pitch of late. Some of it is rehashed fear-mongering (“Just look at what happened to the travel agents!”), but others raise provocative points about what the future of work will look like. Recent studies and analyses indicate that automation has the potential to make 45% – 70% of today’s jobs obsolete in the coming decades, and that a key competency for the employee of the future may be the ability to work alongside collaborative robots.
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By now many of you have heard the news about Yahoo’s CEO, Marissa Mayer, requiring all remote workers, regardless of where they live, to become onsite office workers or else quit. Even those who telecommute one or two days a week will no longer be able to do so. If you haven’t heard about this, here’s the story in a nutshell: Read more of this post