Free Agent Nation: Thriving In The New Economy Pathfinder
Why This Topic? At  Pathfinder , I am constantly working with clients on the topic of  Free Agency , and the  New Economy – called the “Knowledge Age” . Whether career coaching clients, or executive coaching clients, the issue of  how to navigate  in this new economy comes up again, and again, and again. Question:  “How do we succeed – thrive – in this new economy?”
Context:  How Did We Get Here? Agrarian/Trades Age 1600’s to 1940’s Individual, subsistence production – barter/trade Industrial Age 1780’s to 1980’s Mass production - standardization Knowledge Age 1989 to ??? Technology, Internet, “Virtual Work”
The Knowledge Age Defined Launched with the Internet in 1989 Shift from mass-production to customized-services  (think banking or shipping) Shift from large corporations to nimble businesses  (27 million workers in “micro-businesses”) Shift from life-long “organizational men” to contingent workers, many of which are operating virtually  (“free agents” - remotely)
Knowledge Age Trends Downsizing –  smaller is better Off-Shoring –  can be done cheaper in Asia Digitization –  automate low value-added positions Transparency & Accessibility –  share all with your employees and customers Constant Change –  learn, adapt, reinvent
Time of Personal Challenge Whether we like it or not, the  Knowledge Age  is upon us. Whether you  embrace change  or  deny change , change is now a constant and occurs rapidly. Food for thought…
CHANGE?!?!?! “ If you don’t like change, you’re going to like irrelevance even less.” - General Eric Shinseki Chief of Staff U.S. Army
What’s Different? Pace of Change Accelerated & Anticipated Structure of the Workplace Generations & Genders Concept of the Virtual Workplace Technology & Tevas Global Nature of the Workplace Worldwide & Web
Tom Peters Insights from his new book,  Re-Imagine Corporate Responsibility vs. Individual Responsibility Me, Inc.
Death of the Organization “ The organizations we created have become tyrants.  They have taken control, holding us fettered, creating barriers that hinder rather than help our businesses.  The lines we drew on our neat organizational diagrams have been turned into walls that no one can scale or penetrate or even peer over.”
Example As of 2001, fewer than 1 in 10 Americans now work in a Fortune 100 company.
Birth of “Me, Inc.” “ We need the will and passion and the know-how to take on the responsibility that is falling to us – whether we welcome it or not.” “ Put me in charge!  Make me the Chairman & CEO & President & COO of Tom, Inc. That’s what I ask (beg, in fact)!”
Growth Rate of the U.S. Labor Force Note: Values for 2010s are projections. [Source:  Jackson, S. & Schuler, R. (2006).  Managing Human Resources Through Strategic Partnerships, 9th Edition.   Mason, Ohio:  Thomson Higher Education.  (ISBN:  0-324-28991-X)]
Changing Age Demographics of the U.S. Population [Source:  Jackson, S. & Schuler, R. (2006).  Managing Human Resources Through Strategic Partnerships, 9th Edition.   Mason, Ohio:  Thomson Higher Education.  (ISBN:  0-324-28991-X)] Percentage Change In Population
Employees Working as Contingent Workers* in the U.S. Workforce *Independent contractors, temporary employees, freelancers, and consultants. Today, “Contingents” or “Free Agents” are 50 million strong!! [Source:  Jackson, S. & Schuler, R. (2006).  Managing Human Resources Through Strategic Partnerships, 9th Edition.   Mason, Ohio:  Thomson Higher Education.  (ISBN:  0-324-28991-X)]
Thomas Friedman Insights from his new book,  The World Is Flat “ Triple Convergence” New Players New Playing Field New Processes & Habits Focusing on Collaboration
New Players Fall of the Berlin Wall India & China Outsourcing The “Three A’s” Called Dell lately?
New Playing Field Technology World Wide Web Internet Accessibility What’s in your pocket?
New Processes & Habits Collaboration Open Access Public Domain Heard about IBM patents?
Daniel Pink Insights from his books,  Free Agent Nation   and   A Whole New Mind 50 million “dis-organization” men and women “ Contingent workforce” “ E-tirement”
“ Contingency” 50 million “contingent” workers Well-educated Free Agents Employers are “tapping into” this labor force Virtual nature of this labor force
“ E-tirement” Not “retirement” but “e-tirement” Over 65 does not mean “out to pasture” Well-educated, highly-motivated workforce Traditional labor pool dwindling – “baby boomer” workforce exploding
How Does This Impact Me? Adapting to Rapid Change Think “Constant Change” What’s New? Adapting to the New Workplace  Think “Dis-Organized” Think “Work not Job” Think “Career not Employed” – You are TALENT! Think “Virtual” Think “Streams of Revenue”
NEXT STEPS Read!  Learn! Engage in your professional associations Tap into the younger generation in your workplace  Consider ways to adapt your workplace Virtual Access – Flexible Work Schedules Untapped labor pools – Parents, “Baby Boomers” Create “Me, Inc.” Join the “contingent workforce” Create ”multiple streams of revenue” Contact  Pathfinder  for assistance
References Bridges, W.  (1994).  JobShift:   How To Prosper In A Workplace Without Jobs .   New York:  HarperCollins.  (ISBN:  0-201-62667-5) Bridges, W.  (1997).  Creating You & Co.:  Learn To Think Like The CEO Of Your Own Career.   Reading, MA:  Addison-Wesley.  (ISBN:  0-201-41987-4) Friedman, T.  (2006).  The World Is Flat.   New York:  Farrar, Straus and Giroux.  (ISBN:  0-374-29279-9) Peters, T.  (2003).  Re-imagine!:  Business Excellence in a Disruptive Age.   London:  Dorling Kindersley.  (ISBN:  0-756-61746-4) Pink, D.  (2001).  Free Agent Nation:  How America’s New Independent Workers are Transforming the Way We Live.   New York:  Warner Books.  (ISBN:  0-446-52523-5) Pink, D.  (2006).  A Whole new Mind:  Moving from the Information Age to the Conceptual Age.   New York:  Penguin Group .  (ISBN:  1-573-22308-5) Whyte Jr., W.  (1956)  The Organizational Man.  New York:  Simon & Schuster.

Free Agent Nation Workshop Jazzy

  • 1.
    Free Agent Nation:Thriving In The New Economy Pathfinder
  • 2.
    Why This Topic?At Pathfinder , I am constantly working with clients on the topic of Free Agency , and the New Economy – called the “Knowledge Age” . Whether career coaching clients, or executive coaching clients, the issue of how to navigate in this new economy comes up again, and again, and again. Question: “How do we succeed – thrive – in this new economy?”
  • 3.
    Context: HowDid We Get Here? Agrarian/Trades Age 1600’s to 1940’s Individual, subsistence production – barter/trade Industrial Age 1780’s to 1980’s Mass production - standardization Knowledge Age 1989 to ??? Technology, Internet, “Virtual Work”
  • 4.
    The Knowledge AgeDefined Launched with the Internet in 1989 Shift from mass-production to customized-services (think banking or shipping) Shift from large corporations to nimble businesses (27 million workers in “micro-businesses”) Shift from life-long “organizational men” to contingent workers, many of which are operating virtually (“free agents” - remotely)
  • 5.
    Knowledge Age TrendsDownsizing – smaller is better Off-Shoring – can be done cheaper in Asia Digitization – automate low value-added positions Transparency & Accessibility – share all with your employees and customers Constant Change – learn, adapt, reinvent
  • 6.
    Time of PersonalChallenge Whether we like it or not, the Knowledge Age is upon us. Whether you embrace change or deny change , change is now a constant and occurs rapidly. Food for thought…
  • 7.
    CHANGE?!?!?! “ Ifyou don’t like change, you’re going to like irrelevance even less.” - General Eric Shinseki Chief of Staff U.S. Army
  • 8.
    What’s Different? Paceof Change Accelerated & Anticipated Structure of the Workplace Generations & Genders Concept of the Virtual Workplace Technology & Tevas Global Nature of the Workplace Worldwide & Web
  • 9.
    Tom Peters Insightsfrom his new book, Re-Imagine Corporate Responsibility vs. Individual Responsibility Me, Inc.
  • 10.
    Death of theOrganization “ The organizations we created have become tyrants. They have taken control, holding us fettered, creating barriers that hinder rather than help our businesses. The lines we drew on our neat organizational diagrams have been turned into walls that no one can scale or penetrate or even peer over.”
  • 11.
    Example As of2001, fewer than 1 in 10 Americans now work in a Fortune 100 company.
  • 12.
    Birth of “Me,Inc.” “ We need the will and passion and the know-how to take on the responsibility that is falling to us – whether we welcome it or not.” “ Put me in charge! Make me the Chairman & CEO & President & COO of Tom, Inc. That’s what I ask (beg, in fact)!”
  • 13.
    Growth Rate ofthe U.S. Labor Force Note: Values for 2010s are projections. [Source: Jackson, S. & Schuler, R. (2006). Managing Human Resources Through Strategic Partnerships, 9th Edition. Mason, Ohio: Thomson Higher Education. (ISBN: 0-324-28991-X)]
  • 14.
    Changing Age Demographicsof the U.S. Population [Source: Jackson, S. & Schuler, R. (2006). Managing Human Resources Through Strategic Partnerships, 9th Edition. Mason, Ohio: Thomson Higher Education. (ISBN: 0-324-28991-X)] Percentage Change In Population
  • 15.
    Employees Working asContingent Workers* in the U.S. Workforce *Independent contractors, temporary employees, freelancers, and consultants. Today, “Contingents” or “Free Agents” are 50 million strong!! [Source: Jackson, S. & Schuler, R. (2006). Managing Human Resources Through Strategic Partnerships, 9th Edition. Mason, Ohio: Thomson Higher Education. (ISBN: 0-324-28991-X)]
  • 16.
    Thomas Friedman Insightsfrom his new book, The World Is Flat “ Triple Convergence” New Players New Playing Field New Processes & Habits Focusing on Collaboration
  • 17.
    New Players Fallof the Berlin Wall India & China Outsourcing The “Three A’s” Called Dell lately?
  • 18.
    New Playing FieldTechnology World Wide Web Internet Accessibility What’s in your pocket?
  • 19.
    New Processes &Habits Collaboration Open Access Public Domain Heard about IBM patents?
  • 20.
    Daniel Pink Insightsfrom his books, Free Agent Nation and A Whole New Mind 50 million “dis-organization” men and women “ Contingent workforce” “ E-tirement”
  • 21.
    “ Contingency” 50million “contingent” workers Well-educated Free Agents Employers are “tapping into” this labor force Virtual nature of this labor force
  • 22.
    “ E-tirement” Not“retirement” but “e-tirement” Over 65 does not mean “out to pasture” Well-educated, highly-motivated workforce Traditional labor pool dwindling – “baby boomer” workforce exploding
  • 23.
    How Does ThisImpact Me? Adapting to Rapid Change Think “Constant Change” What’s New? Adapting to the New Workplace Think “Dis-Organized” Think “Work not Job” Think “Career not Employed” – You are TALENT! Think “Virtual” Think “Streams of Revenue”
  • 24.
    NEXT STEPS Read! Learn! Engage in your professional associations Tap into the younger generation in your workplace Consider ways to adapt your workplace Virtual Access – Flexible Work Schedules Untapped labor pools – Parents, “Baby Boomers” Create “Me, Inc.” Join the “contingent workforce” Create ”multiple streams of revenue” Contact Pathfinder for assistance
  • 25.
    References Bridges, W. (1994). JobShift: How To Prosper In A Workplace Without Jobs . New York: HarperCollins. (ISBN: 0-201-62667-5) Bridges, W. (1997). Creating You & Co.: Learn To Think Like The CEO Of Your Own Career. Reading, MA: Addison-Wesley. (ISBN: 0-201-41987-4) Friedman, T. (2006). The World Is Flat. New York: Farrar, Straus and Giroux. (ISBN: 0-374-29279-9) Peters, T. (2003). Re-imagine!: Business Excellence in a Disruptive Age. London: Dorling Kindersley. (ISBN: 0-756-61746-4) Pink, D. (2001). Free Agent Nation: How America’s New Independent Workers are Transforming the Way We Live. New York: Warner Books. (ISBN: 0-446-52523-5) Pink, D. (2006). A Whole new Mind: Moving from the Information Age to the Conceptual Age. New York: Penguin Group . (ISBN: 1-573-22308-5) Whyte Jr., W. (1956) The Organizational Man. New York: Simon & Schuster.