Work Without Jobs

Work Without Jobs requires Perpetual Reinvention

Work Without Jobs requires Perpetual Reinvention

Businesses and society have been hugely impacted by the pandemic and the resulting recession. Nevertheless, it was only 13 years ago we were lamenting yet another “black swan event” in the form of the global financial crisis. So, perhaps they aren’t quite as rare as we might think. What does this mean for business leaders seeking to navigate these extreme circumstances? How do we re-calibrate business models to ensure their continued relevance?

Essential to this re-calibration is a reset of our expectations. This involves shifting from a relentless focus on growth and efficiency to a greater focus on resilience and agility, so as to not just withstand future shocks but to take advantage of the unique opportunities afforded by these events. This reset has significant ramifications for how companies organize and resource work.

Technology is going to be pivotal to the future of work as it will continue to present us with new work options in the form of AI and automation, enable us to redesign work to achieve the optimal combinations of automation and talent in various work arrangements, ensure the seamless matching of skills to work and the continuous upskilling and reskilling of talent, provide greater insight into how best to engage talent through a customized work experience, and support the design and delivery of the optimal rewards that will provide talent with the flexibility to engage with organizations on their terms.

The future of work requires an ability to ensure that the organization, its work and its workforce are perpetually being reinvented to ensure their continued relevance even as they are perpetually being rendered obsolete.

Work Without Jobs

PERPETUAL REINVENTION MODEL

Work

  • From a one-to-one relationship between jobs and jobholders to a many-to-many relationship between work and skills, creating greater agility for organizations and access and opportunity for workers.
  • Jobs deconstructed into tasks and activities and work reconstituted as gigs, assignments and reconstructed jobs.
  • Low frictional cost to society, companies and individuals, as talent flow to work and opportunities more seamlessly.
  • Reduce inequality as a result of lower barriers to access work and the skills required to perform it.

Learning

  • Pivot away from matching a degree to a person towards numerous learning opportunities matched to closing the skills gaps that are revealed by changing work.
  • Numerous formal & informal bite-sized learning opportunities
  • More virtual, more technology enabled and community led.

The future of work requires an ability to ensure that the organization, its work and its workforce are perpetually being reinvented to ensure their continued relevance even as they are perpetually being rendered obsolete.

Skills

  • Skills as the currency of the labor market.
    Efficiently & effectively matching skills/capabilities to tasks.
  • Visibility into the skill implications of changing work; where skills are being rendered obsolete, changing or new skills are required.
  • Clear roadmap on opportunities to upskill, reskill and outskill.

Perpetual Reinvention

Perpetually upgraded work means that each day, the work changes a little as technology and democratization play out, the underlying skills are rendered obsolete and transformed, the source of workers a little more boundless, the rewards a little more immediate and learning more virtual and community-led.

HOW GENERATIVE AI IS CHANGING JOBS

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