Ben Casnocha and Chris Yeh, entrepreneurs and co-authors of 'The Startup of You,' share insights on the shifting employer-employee relationship towards shorter, adaptable partnerships. They emphasize why companies must foster innovation and agility to attract talent. The discussion introduces the 'tour of duty' model that encourages mutual career growth and highlights the importance of maintaining networks, both internally and externally, to thrive in today's competitive landscape.
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insights INSIGHT
The Old Compact
The old employer-employee compact prioritized stability and predictability.
Employees were expected to be loyal in exchange for long-term job security and development.
insights INSIGHT
Shift to Alliances
Globalization and increased competition disrupted the old compact.
This led to a shift towards shorter-term alliances focused on mutual benefit.
volunteer_activism ADVICE
Be Entrepreneurial
Adopt the mindset of a startup entrepreneur, even within a large organization.
Embrace adaptability, networking, and intelligent risk-taking for career success.
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Adapt to the Future, Invest in Yourself, and Transform Your Career
Reid Hoffman
Ben Casnocha
This book, written by Reid Hoffman and Ben Casnocha, provides a blueprint for thriving in your job and building a career by applying the lessons of Silicon Valley's most innovative entrepreneurs. It emphasizes the importance of being nimble, investing in oneself, building professional networks, taking intelligent risks, and making uncertainty and volatility work to your advantage. The authors argue that these entrepreneurial skills are essential for professionals to get ahead in today's dynamic job market. The book is not a job-hunting manual but rather a guide to adopting a start-up mindset to adapt to the future, expand your network, gain a competitive edge, and seize new opportunities.
In the last half century, relationships between employers and their employees have evolved away from being rooted in long-term loyalty to a new paradigm of short-term alliances driven by uncertainty and competition.
Entrepreneurs and coauthors Ben Casnocha and Chris Yeh argue that the new world of work isn’t so different from the typical conditions that many entrepreneurs operate in. And if you’re a manager, you may need a new strategy to hire and retain top talent.
Casnocha and Yeh, coauthors of the book The Startup of You, explain why it’s important for your organization to build internal and external employee networks—and how to get started if you don’t already have those groups in place informally.
HBR On Strategy curates the best case studies and conversations with the world’s top business and management experts, to help you unlock new ways of doing business. New episodes every week.