Coping with the Speed
of Change
It is not the strongest
species that survive, nor the most intelligent,
but the ones most responsive to change.
Charles Darwin
Prepare for
"What Will Be" not "What Was"
It is envisioned that
occupational skills will have a life of one to three years and the average
person will experience a major career change from five to seven times in their
lifetime.
According to some reports, the average job in America now lasts only 3.6 years.
The world of work has changed dramatically in the last 25 years. Consequently,
21st century students need additional skills, knowledge, and resources to
negotiate their more problematic career journeys.
One way to prepare for the future is to envision what careers will be in demand
two to four years from the present at the completion of an educational program.
What skills will be needed in the chosen industry at that time. Examine
the trends and consider all the factors that may affect the field. Example
of trends to consider include: demographics, technology, globalization,
domestic economic conditions and policies, environmental issues, cost cutting,
and the speed of change itself.
Sample related
questions to consider include:
-
Is the population
aging; if so what products and services might be needed?
-
What new technologies
are being introduced in the workplace; how will those technologies affect
the workers and the skills needed for success?
-
The world is transitioning
into a global village: how will that affect the industry; is there a new
customer base; what new competition will the industry face; will low-cost
labor be available globally?
-
What domestic economic
conditions and policies will affect the industry in the next three to five
years; will the changes support or create barriers for the industry?
-
Will environmental
issues significantly affect the industry; will the changes be supportive
or create barriers for the industry?
-
The availability
of low-cost international labor and products made possible by manufacturing
efficiencies is expected to cause pressures to reduce costs; how will that
affect the industry?
-
The speed of change
is expected to be a factor affecting industry and the workplace; how will
labor and management cope?
Peters (2000) considers
his statement, ". . . 90 percent of white-collar jobs in the United States
will be either destroyed or altered beyond recognition in the next 10 to
15 years", to be a catastrophic prediction as 90% of the workers are engaged
in some white-collar work (p. 1). Herman, and Gioia (1998) believe
survival will depend on teamwork, loyalty, and vision at every level.
The authors suggest every organization has reasons for its subsistence
and that a corporation is a controlled atmosphere with a business purpose;
it is an atmosphere created to generate wealth, not a natural human social
atmosphere. The groundwork for building human relationships in such
an environment is a mutual respect for what employees contribute to the
organization and for the people themselves (p. 24).
Herman, and
Gioia (1998) propose, the progression to this new, corporate way of life
will embrace many changes which will affect the strategy of work and wages,
quality of life, atmosphere responsibility, social responsibility, and
capacity for the human spirit (p. 24). These authors explored these
trends in the new and emerging workplace. According to a recent study
by Response Analysis of Princeton, New Jersey, of 1600 people responding,
52% wanted to be responsible for their work and the results it produced,
42% wanted acknowledgment for their contributions, and 39% wanted their
tasks matched to their strengths. In return, Herman and Gioia (1998)
relate, the employees of the future will possess the following qualities:
they will be flexible, creative and motivated toward making a positive
difference, and will seek balance and growth and suggest the corporation
of the future must be aware of these needs and desires to be successful
in the marketplace (pp. 1-5).
Lifelong
Learning
Change is everywhere
in the world, in companies and in organizations. Individuals will
need to change to keep pace. That means continuous learning and updating
an ongoing adjustment to your portfolio of skills and knowledge.
Motivation can come from several benefits: increased job satisfaction,
better prospects for work, personal satisfaction, and increased pay. Settings
could include: (1) training at your place of employment; (2) learning
at home through audio/video tapes, computer instruction, printed materials;
and (3) day or evening courses in the community or at an educational institution.
Before you invest your time and money, thoroughly investigate your options
regarding quality and suitability to your needs. For some programs
you may wish to ask about the people who graduated, what type of work they
are doing and their salary ranges. Because of the wide array of programs
and courses, you may wish to consult a career counselor.
Challenge, commitment,
control and being connected make up the 4 C’s of conquest. To move
forward, you must have a challenge that will stretch your present capabilities.
Irrespective of how nice it would be to have what you desire, nothing will
happen unless you make a commitment with your heart and your mind.
You need to take control, to be a proactive rather than a passive learner.
It's hard doing something alone being connected to others for support and
encouragement will help you continue to make progress even as you face
barriers.
First, you need
to do a reality check. Truthfully, evaluate your current interest
in lifelong learning and professional upgrading. Rate yourself on
the scale between high and low.
Desire to learn
in order to be ready for the job changes in the future.
High |______|______|______|______| Low
Did you put
your mark on either of the first two bars on the high side? If you
didn't, you will need to think seriously about the type of work you are
interested in doing and the amount of learning that will be expected of
you to keep current. Are they compatible? Both you and your
employer will become frustrated if the gap between their expectation and
your capacity is too large. You may have other priorities which preclude
the dedication necessary.
Speed of Change
Toffler (1993) proposed that the acceleration of change itself has effects on
the system. He stated, "The ability to adapt isn't dependent entirely on
whether you're going in what you would regard as a happy direction or an unhappy
direction. It's the speed itself that compels a change in the rate of decision
making, and all decision systems have limits as to how fast they can make
complex decisions."
http://www.wired.com/wired/archive//1.05/toffler.html
Gates (1999) proposed, "Business is going to change more in the next 10 years than it
has in the last fifty," and advises, "If the 1980s were about quality and
the 1990s were about re-engineering, the 2000s will be about velocity"
(p. xiii).
Cunniff (2000) quotes Alan Blinder, an economist, who
concludes the Internet burst on the scene just about the time productivity
accelerated in the mid-1990s, but notes that freeing trade has forced a
more practical use of resources and intensified competition.
Gates (1999) adds "When the increase in velocity of business is great enough,
the very nature of business changes." He explains "A manufacturer
or retailer that responds to changes in sales in hours instead of weeks
is no longer at heart a product company, but a service company that has
a product offering” (p. xiii). Cunniff (2000) reports, "Speed acceleration
is now a study in itself, involving the speedup of time to market, decision-making
and innovation." and proposes several approaches to increasing speed include:
(a) leveraging through out-sourcing, (b) exploring venture capital schemes
to incubate new ideas, (c) perfecting a product by giving it away, (d)
rebuilding the company around core competencies, and (e) cannibalizing
a business before a competitor does.
Cunniff (2000)
cites several examples where "speed champions" are appointed at the corporate
level and chief executives are often directly involved: (a) Jack Welch,
CEO of General Electric, encourages every business unit to appoint and
e-commerce fanatic, who reports to the unit CEO, and is empowered to break
every rule except the corporate values, (b) Carly Fioring, Hewlett-Packard's
new CEO, appointed a new services solutions group and empowered it to be
a "maverick and act like a dot-com". However, Cunniff (2000)
proposes that productivity is mainly responsible for the economic good
times of the past decade, stating other explanations, such as the computer,
Internet, and demographics, played supporting roles; Gates (1999),
attributes all to the flow of digital information.
Knowledge
Management
"The most important, and indeed
the unique, contribution of management in the 20th century was the fifty-fold
increase in the productivity of the manual worker in manufacturing. The most
important contribution management needs to make in the 21st century is similarly
to increase the productivity of knowledge work and the knowledge worker." -
Peter Drucker It only took
four years for the World Wide Web to be regularly used by more than a quarter
of the U.S. population - a feat that took electricity 46 years, the television
26 years, and the personal computer 16 years to achieve. Further,
the capacity of the Internet backbone to carry information is doubling
every 100 days and that data traffic is surpassing voice which is growing
at 10% per year while data traffic is estimated conservatively to be growing
at 125% per year suggesting voice will be less than 1% of the total traffic
by 2007. The average consumer would receive 1600 commercial e-mail
messages in 2005, up from 40 in 1999, while non-marketing and personal
correspondence would more than double from approximately 1750 e-mails per
year in 1999 to almost 4000 in 2005 (Milliron, 1999, p. 26; Quick, 2000;
Internet Council, 1999; Jupiter Communications, May 2000; Silver Creek
Communications, LLC, 2000; Technology Futures, Inc., March 2000).
Graduates require
significantly different knowledge, skills, and abilities than the educational
systems typically provide, to meet these new demands. However,
we are in a Pre-Information Age, a time when we have more information than
we need for our present careers and lives. Davidson believes the
Information Age will be defined by the fact that information will be useful
and serve us and not just raw facts and data. The object of knowledge
management should be to build a learning organization; and this could improve
the organization's ability to cope with the speed of change. (Ellsworth,
2000, p. 2; Davidson, 1996; Wallace, 1999).
Business Intelligence (BI)
Look through the windshield not the rear view mirror according to Jeff Angus
who wrote in Seeing the
Future with BI, "Tedious data mining and static reports have had their day.
The new business intelligence applies business analytics to fresh data and puts
analysis in the hands of those who need it".
An example of Business Intelligence
being used to increase the profit line, is when Christopher Dorsey, CIO of
Chase-Pitkin, wanted to address excessive amount of pilfering occurring at its
Northeast Chain Stores. Dorsey also stated, "We decided we'd do
better getting ahead of the curve". Their Business Intelligence system
build on Hyperion's BI solution, indicated that 16 of the stores' 38,000 items
made up half of all the pilferage. The SPSS predictive analytics
examined the attributes of pilfered product and then projected the next most
likely theft candidates when the current top choices were secured.
According to Dorsey, "We moved from reactive to being ahead of them to actually
creating prevention. We can predict in real time what the next problem is
likely to be - and take steps to head it off". Angus, J., 2005, 08 22,
Seeing the Future with Business Intelligence, InfoWorld, pp. 25-28.
Links for
More Information
Trends
Career Self-Management in the
New World of Work, Marlowe C. Embree, Ph.D., Senior Lecturer in Psychology, UWMC
http://www.uwmc.uwc.edu/psychology/career_seminar1.htm
You Are Not Ready for the
Future
No matter how smart you may be, how proactive, how visionary, the only certain
thing about the future is this: Everything will change. by Hans
Ruinemans
http://www.fastcompany.com/learning/braintrust/hruinemans.html
KM World: A Magazine Dedicated to Knowledge
Management Applications
http://www.kmworld.com
KM World Magazine Archives
http://www.kmworld.com/publications/magazine/
100 Companies that Matter in Knowledge Management
http://www.kmworld.com/100.cfm
A Collection of Newsletters Relating to Knowledge
Management Applications in the Workplace
http://www.members.cox.net/greenka6/wgnewweb/wgindex.html
|