Target group: DISCOVER The Future 2012 event attendees

DISCOVER | The Future of Work

Summary:

The Big Shift In Where, How and With Whom We Will Be Working

The journey so far: how we learned to leverage technology to increase our productivity and created wealth & happiness

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Technology driven innovations led to:

§  Increased productivity

§  Tremendous growth in GDP

§  Many new products & services

§  Higher life expectancy

And in terms of Gross National Happiness (GNH)

§  Wellbeing and happiness

Change Can be anticipated and planned for (linear thinking)

Competition Is the game we are in Highly uncertain

Organisations Focus on shareholders and other stakeholders

Social responsibility

Leaders Focus on the why and what

Managers Focus on the how and when

Professionals Use talents to specialize

Unskilled Workers

Unit of cost that should be made redundant if possible

The existing economic and management paradigm: from early Taylorism to advanced MBA Thinking (1985 – 2010’s)

How we learned to connect our brain with the outside world:

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Core belief : only organisations have the

knowledge and capital resources to create

wealth efficiently

What is a paradigm?

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Paradigm The accepted theories, values and scienti!c practices within which a particular !eld of science operates

Thomas Kuhn The Structure of Scienti!c Revolutions

What did we accomplish with all our hard work?: our relative to the USA labour productivity from 1970 – 2000’s

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Early signs of the end of an era? The true story about what happened after 9/11 ….

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Oversized !nancial sector ¡

Over-engineered products & services ¡

Borrowed and virtual growth ¡

Results of the prevailing economic paradigm

What did we accomplish with all our hard work in the last 10 years? A lost decade (already) ….. ?!

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A look into our and your future: the power of a strong demographic trend

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UN High

UN Medium

UN Low

Will lead to:

§  A growing population (avg. est. 9bn. in 2045)

§  An aging population

Big challenges ahead of us! ¡

§  Rising prices of energy and commodities

§  Social friction and unrest

The big shift: a global brain and new social consciousness is gaining traction and becoming increasingly more powerful!

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Core Belief : only organisations have the

knowledge and capital resources to create

wealth efficiently Governments Organisations

First question to ask yourself: what kind of world do you want to create and what kind of life do you want to construct?

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Default Future within the existing

paradigm?

Crafted Future by building a new paradigm?

Second question to ask yourself: what kind of world do you want to be part of?

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Fragmentation and isolation?

Connecting and co-creation?

Third question to ask yourself: what kind of world do you value?

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Social Exclusion?

Social Engagement?

The !rst shift for building a new paradigm: what kind of skills do you need?

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SPECIALISATION: Single talent? Generalist?

Multiple talents? SUPER-SPECIALISITION

The second shift for building a new paradigm: compete or collaborate?

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COMPETE WITH OTHERS? 0 | 0

0 – 0 COLLABORATE WITH OTHERS?

The third shift for building a new paradigm: happiness from money or from meaning?

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Work – Money – Consume – Happy €

∞ Work – Meaning – Happy – Money

The existing economic and management paradigm: how do paradigms die?

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Paradigm shifts A new scienti!c truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die.

Max Planck

The existing management paradigm: how do paradigms die?

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Paradigm shift 1.  The existing paradigm encounters an anomaly

2.  Initially the anomaly is ignored or rejected

3.  People try to explain the anomaly within the existing paradigm

4.  A new paradigm is proposed in which the anomaly is resolved

5.  The establishment rejects the new model, often ridicules its proponents

6.  The new paradigm !nally gains acceptance as it accounts for new observations

The existing management paradigm: how do paradigms die?

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Paradigm shift Every truth passes through three stages before it is recognized: 1.  First it is ridiculed 2.  Second it is opposed 3.  Third, it is regard as self-evident

Arthur Schöpenhauer