In our shifting economy, startups and gig work are getting more and more common, but so are the misconceptions. David Jolley tackles some of these common misconceptions and myths about gig economy and how it relates to our culture of business and work, today.
The conventional wisdom about 21st century skills holds that students need to master the STEM subjects — science, technology, engineering and math — and learn to code as well because that’s where the jobs are. It turns out that is a gross simplification of what students need to know and be able to do, and some proof for that comes from a surprising source: Google.
Replacing an employee is incredibly expensive: on average, the cost of replacing a worker is, at minimum, 30% of that employee’s annual salary. This number increases depending on the type, level, or tenure of the employee in question.
Do you believe or disbelieve in the theory that “everyone is replaceable?”
If you can’t keep your best employees engaged, you can’t keep your best employees. While this should be common sense, it isn’t common enough. A survey by the Corporate Executive Board found that one-third of star employees feel disengaged from their employer and are already looking for a new job.
Business problems today are too big for any one person to solve.
Agile teams are much more effective at solving problems than are lone geniuses. So why do we still reward the smartest people in the room more so than those who excel at working with others?
You know who I’m talking about: the people who brazenly take over meetings by showing off how much they know or how witty they can be at the expense of any other voice in the room—and who often end up getting all of the boss’s attention.
In this final installment of his series, Markku Allison explores how we can dramatically improve the flow of understanding if we are just a little bit more rigorous in making sure we are on common ground with the words we use and the meanings we intend.
“One of the toughest things about a rut is acknowledging that you are in one,” says Daniel Gulati, a tech entrepreneur and author.
Even exciting jobs have boring days. And when you’ve been doing the same tasks, going to the same office, and working with the same people day in and day out, you’re bound to fall into a rut on occasion. When that happens, how do you recognize what’s happening and counteract it? What can you do to revive your interest in your work?
Here’s some great information from Gulati, and esteemed University of Michigan researcher and professor, Gretchen Spreitzer about how to do just that, including a couple of very useful case examples: