The Josh Bersin Company
Lynda Gratton, Professor at London Business School, And I Discuss How Life and Work Have Changed
Mar 29, 2024
Lynda Gratton, a professor at London Business School and author of The Hundred Year Life, dives into the evolving world of work. She discusses the emergence of Dynamic Organizations and how companies like Bayer are adapting by reducing managerial layers. The conversation explores the rise of flexible work models, emphasizing the importance of gig opportunities for younger workers. Lynda also highlights trends in happiness across generations, revealing concerning mental health challenges faced by the youth today.
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Quick takeaways
- The shift towards Dynamic Organizations is essential for companies to adapt to evolving workforce needs and preferences.
- Employee activation and flexible work arrangements are vital for enhancing satisfaction and retention in a competitive labor market.
Deep dives
Shifts in the Labor Market
Labor shortages are becoming increasingly prominent due to low birth rates, which are evident even in nations with supportive parental policies, such as Sweden, where the fertility rate remains low despite government incentives. The challenge is compounded by the evolving nature of careers, as people now experience a more dynamic professional landscape, shifting between education, gig work, and traditional employment throughout their lives. This trend is reflected in a significant percentage of the younger workforce, particularly those under 35, who are engaging in gig work. Organizations must adapt to this fluidity, moving away from rigid hierarchical structures to accommodate the changing demands of the labor force.
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