The nature of work is changing. The idea of spending 10 years paying dues at a low level waiting for promotion is at the tail end of its life cycle. In its place, there is a wild variety of new employment models all struggling for primacy. 2008’s financial crisis sent a number of long-simmering trends into a frantic boil. Without tangible career prospects in the traditional marketplace, more young people are carving out their own niches: freelance gigs, part time telecommuting, lateral moves, and lattice-based career paths are all part of this mosaic. As a business leader in this new world of employment, you need to understand where you fit in that landscape so you can plan for your own, and your employees’ futures.
Managing the new face of work requires a transformational leadership style – consensus building, collaboration, conciliation and a hands-on approach are the rules of the day. Today’s leaders require more than a bold vision. They need to be heavily engaged, emotionally intelligent and adaptable. They need to understand that today’s employee needs to balance his or her work with life and figure out how to make that viable in an increasingly global marketplace. Becoming that leader requires a firm understanding of the future of work.