Archive for the ‘Workforce trends’ Category

From Ladder to Lattice: Customizing Careers

Monday, September 28th, 2009

From Ladder to Lattice: Customizing Careers at DeloitteMolly Anderson

Guest blog by Molly Anderson, Director, Talent-Mass Career Customization, Deloitte Services LLP, and panelist for Next Generation Work Flexibility Event in San Diego on 11/3/09.

Careers today are far less of a straight climb up a corporate ladder than they once were. Now they often ebb and flow, zig and zag, go right and left as often as up. This shift is propelled by a host of workforce trends. Today in the U.S. just 17 percent of families resemble a Leave It to Beaver style family with Dad working outside the home and Mom working in it, down from 63 percent in 1950. And, while women have been vocal in their needs for flexibility, men’s needs have also risen sharply. Across generational lines, 70 percent of Boomers want different work options as many near retirement, and Generations X and Y also have changed expectations about how work and life blend.

Perhaps you see the shift in your own career or the career of someone you know? My own career has been anything but linear. I’ve stepped this way and that to move from computer programmer to re-engineering guru to organizational transformation expert to a talent leader at Deloitte. Along the way, I’ve stepped away from work here and there to earn my M.B.A. at Stanford and to spend time with my children and be active in the community.

Multiplying this profound change in the workforce is a lot of change in the workplace too: from flatter organizational hierarchies that change career patterns to technology advances that create new options for when, where and how work is done. Each trend is significant in its own right. The convergence of them is blurring the relationship between work and life and redefining what it means to build a career.

So how can organizations respond? At Deloitte, as we depart from the antiquated, industrial-era corporate ladder, we’ve coined the term corporate latticeTM to describe a new paradigm for how careers are built, talent is developed and work is done. Why a lattice? In mathematics, a lattice allows movement in any direction. A lattice organization, among other things, allows for multiple and varied paths to grow and contribute along.

The corporate lattice is the central idea behind Deloitte’s Mass Career Customization™ (MCC) framework. If you can customize your jeans and your ring tones, why not customize careers? Borrowing from the discipline of mass product customization which provides a cost-effective, scalable way to tailor products to customer choices, MCC articulates a defined set of options along four inter-related career dimensions. It manages these options as commonplace events rather than as one-off accommodations, in contrast to many flexible work arrangement programs. Similar to the way you would move the sliders up and down on a stereo equalizer to adjust the sound, MCC allows employees to dial their career up and down over time, in ways that work for the business as well as the individual.

At Deloitte, we’ve implemented MCC for over 35,000 employees and will complete our rollout over the next year. Key results to date show double digit improvements in career-life satisfaction, higher quality counselling conversations by a ratio of 4:1, and improved top performer retention. Our journey so far has taught us a lot and we are continuing to evolve toward the lattice. To learn more, join in the dialog on November 3 and check out www.masscareercustomization.com.

So how’s your organization responding to the changes happening right before our eyes?

As used in this blog, “Deloitte” means Deloitte LLP and its subsidiaries.

Flex Your Leadership Muscles with Workplace Flexibility

Tuesday, September 15th, 2009
hollygreen

Holly Green

Guest blog by Holly Green,  CEO of THE HUMAN FACTOR, Inc. and key note speaker for Next Generation Work Flexibility Event in San Diego on 11/3/09.

It takes many different qualities to make a great leader.  Vision.  Honesty.  Integrity.  Passion.  Commitment.  Communication skills.  The ability to build relationships.  And  in today’s world of rapid-fire change, I also put flexibility at the top of the leadership attribute list.

The dictionary defines flexibility as “a ready capability to adapt to new, different, or changing requirements.”  And nothing characterizes today’s business environment more than the need to constantly adapt to change.  If you can’t readily adapt to new and often dramatically different circumstances, your organization will quickly get left behind.

Today’s leaders are confronted with three broad categories of change:

• Globalization.  As our world grows smaller and smaller, the ability to think globally becomes paramount.  Managers and leaders must become more innovative and proactive, anticipating problems and opportunities as well as entirely new markets and products that can spring up from anywhere in the world.

• Leadership styles.  Today’s employees want to be led.  They want to be motivated, guided and inspired, not directed and micro-managed.  Most of all, they want to participate and engage in every aspect of their job.  This requires discarding the old managerial approach of administrating and directing and adopting the new idea of guiding and inspiring.

• Increasingly diverse workforce.  For the first time ever, the U.S. has four generations in the workplace, each with different attitudes, values, wants, needs, desires and expectations of work.  The workplace is also growing more diverse in terms of race, ethnicity, gender and political and religious beliefs.  Long gone are the days of “one size fits all” workplace policies.  More than ever, managers and leaders need a variety of options with which to manage their workforce.

The bad news is that change is only going to get faster.  Work will grow increasingly complex.  And as more and more generation Y (currently ages 20 to 27) enter the workplace; it will become even more diverse.  In the face of such relentless change, leadership agility becomes more critical than ever.

At the organizational level, leadership agility manifests itself in things like workplace flexibility programs.  When you provide employees with options such as flexible hours, telecommuting and compressed workweeks, it gives them some control over their work environment while creating the sense of engagement they crave.

At the personal level, leadership flexibility is reflected in the attitudes and actions of individual executives.  It involves keeping an open mind to new and different ways of managing people and work, and a willingness to unlearn old ways while embracing new ones.  It also involves constantly testing your own assumptions and beliefs to see if they remain valid (if they’re even six months old, probably not).

The trees that survive a hurricane are those that bend with the wind rather than resisting it.  Make flexibility part of your leadership skill set and your organization will find that it can ride out the winds of change no matter how strong they may be.

Holly is the CEO of THE HUMAN FACTOR, Inc. (www.TheHumanFactor.biz).  Ms. Green has 20+ years of executive level and operations experience in FORTUNE 100, entrepreneurial, and management consulting organizations. She was previously President of The Ken Blanchard Companies, a global consulting and training organization as well as LumMed, Inc. a biotech start up. She has a broad background in strategic planning, leadership and management assessment and development. Clients include The Coca-Cola Company, AT&T, Dell Computer, Hilton Hotels Corporation, Nokia, Expedia, Inc., Celanese, RealNetworks, Inc., Microsoft and Google as well as numerous small and mid-sized businesses.

She is an author of a top selling book, More Than A Minute: How To Be An Effective Leader & Manager In Today’s Changing World and a frequent keynote speaker.

For more information about Holly G. Green, please visit http://www.TheHumanFactor.biz or http://MoreThanaMinute.com

Talent Management of the Future - One Size Does Not Fit All

Thursday, September 10th, 2009

DeAnne Aguirre

DeAnne Aguirre

Guest blog by DeAnne Aguirre, Senior Partner Booz & Co., change leadership expert, Standford Sloan Advisory Board, Center for Work/Life Policy Task Force and panelist for Next Generation Work Flexibility Event in San Diego on 11/3/09.

Business leaders today are managing a workforce that includes three distinct generations which means the traditional one-size-fits-all approach to talent management is no longer effective.  Members of the huge baby boom generation in the United States and their cohorts elsewhere are now in their mid-40’s through mid-60s.  Although the previous generation may have been preparing for retirement at such an age, boomers expect to work much longer thanks to increased life expectancies and decreased retirement savings.  One result of the global recession is that boomers are delaying retirement by, on average, another four years.

The millennial generation, also known as Generation Y, is the next huge population swell entering the system. Generation Y, ages 15 through 30, is even bigger than the baby boom generation; in fact, by 2025 this generation will make up 60 to 75 percent of the global workforce and by 2014, Gen Y in the US will be the largest generation of the working age population.  That’s only five years from now! Sandwiched between Generation Y and the boomers is Generation X, a much smaller group. Generation Xers (ages 31 through 44)—the corporate bench strength for leadership—are short in supply and increasingly frustrated because the shoes they were planning to step into remain filled by those lingering baby boomers.

The three generations coexist in the workforce today, and each has a distinct profile and preferences.  However, all three cohorts have made clear their desire for greater flexibility during the various stages of their career; all eschew the “organization man” model of lifetime employment and rigid hierarchies in favor of work arrangements that accommodate their unique needs or interests.

Baby boomers, for example, seek new employment relationships that offer “modularized” work such as seasonal flex   arrangements.   These older workers want to shift the nature and intensity of their connection with their employer, while continuing to be part of high-impact teams that generate meaningful and valued results—within their companies and, if possible, in the world at large.

According to a study conducted by the Center for Work-Life Policy (CWLP) in January 2009, members of Generation Y are as attracted to flexible work arrangements and meaningful work as they are to pay increases.  They look for opportunities to give back to their communities, and are drawn to companies that demonstrate corporate social responsibility and offer service-oriented sabbaticals and eco-friendly workplaces.

Talent Innovation Implications:

Generational and demographic shifts have transformed the global workforce, creating an unprecedented—and urgent—set of challenges for CEOs and talent managers. Employers need to create tailored value propositions that appeal to the complex needs and preferences of a diverse talent pool. These might include projects that deliberately engage the vast passion and potential of Gen Y or “off-ramp and on-ramp” career paths that allow highly qualified women to take time off for family obligations without sidelining their opportunities for promotion and greater responsibility. Companies also need to update incentive systems, benefits packages, succession planning, and career models to enable all their diverse talent streams to perform at their best.

Excerpt taken from: Global Talent Innovation Strategies for Breakthrough Performance, a booz&co. Perspective by DeAnne Aguirre, Sylvia Ann Hewlett and Laird Post.

Workforce Trends

Saturday, June 27th, 2009

Articles in this category will adress the changing workforce demographics and why flex work is a strategic, business imperative.