HBS Managing the Future of Work

Social Finance has deftly aligned incentives around skills training. By pooling public and private resources and making job placement a shared goal, the nonprofit is providing proof of concept that could scale to address workforce development needs nationwide. Co-founder and CEO Tracy Palandjian explains career impact bonds and social impact bonds.

Going into the pandemic, Spotify was well positioned for the increase in demand for streaming music and podcasts. To accommodate the surge and expand its podcast presence, the 15-year-old Swedish company with offices in more than 70 countries increased its staff by a third in 2020. How do you manage such rapid growth in the midst of a pandemic, and what does the post-Covid workplace look like? What does it mean to be a purpose-driven, diverse, and inclusive firm? CHRO Katarina Berg explains.

As employers and job seekers cope with pandemic-induced disruption and uncertainty, the role of intermediary is more crucial than ever. Job platform CareerBuilder, with its two-sided skills market, looks to smooth the employment process and increase diversity. CEO Irina Novoselsky discusses the shift to skills-based hiring, demographic changes in the workforce, the benefits of well-informed AI, and how Covid and the gig economy are leading employers to make fulltime positions more flexible.

Digital platforms for highly skilled freelancers are set to broker more strategic engagements for businesses needing extra capacity and flexibility. HBS and Managing the Future of Work’s Joe Fuller and Boston Consulting Group’s Allison Bailey, co-authors of the report Building the On-Demand Workforce, join Bill Kerr. How can employers adapt their approach to talent and align management incentives to benefit from this trend? What are the implications for workers and what choices are policymakers weighing?

Self-awareness can be a strategic asset for businesses and individuals alike, says Edith Cooper. The former Goldman Sachs partner reflects on the evolution of the employer-employee relationship, the benefits of cultivating diversity and individuality, and how a new generation of professionals looks for work-life balance and community amid social upheaval and economic change.  

As the realities of 5G wireless networking and the Internet of Things catch up to the hype, the effects are expected to be sweeping, from smart infrastructure to enhanced education and training and new business models. Mo Katibeh, AT&T’s Chief Product and Platform Officer, helps break down implications for jobs, skills, and the future of work.

MIT labor economist David Autor, co-chair of the Institute’s Task Force on the Work of the Future, discusses the initiative’s report, “The Work of the Future: Building Better Jobs in an Age of Intelligent Machines.” Describing the report as both optimistic and cautionary, Autor makes the case that the US needs to reinvest in innovation while supporting a more sustainable workforce transformation that broadens opportunity and narrows inequality.

As work life morphs into an expanding series of limited engagements, education and training need to be retooled for the long haul. Workforce training expert Michelle Weise, author of the new book Long Life Learning: Preparing for Jobs That Don’t Even Exist Yet, says the sector needs to do a better job of accommodating the demands of the workplace and the realities of workers’ lives. Senior advisor to education venture fund Imaginable Futures and data collaboration platform BrightHive, the former Skidmore English professor deconstructs learning, hiring, and skills.

The idea of uncaging industrial robots may seem like a Hollywood trope, but it refers to technology that allows manufacturers to choreograph more precise and productive interplay between robots and workers. Veo Robotics president, CEO, and co-founder, Patrick Sobalvarro, explains the state of the art in industrial automation.  

Video conferencing and other communications technologies have been a lifeline for many during the Covid-19 pandemic. But they can exacerbate existing inequalities and create new ones. How can organizations help employees thrive in the post-Covid hybrid workforce of in-person and remote teams? Michael Peachey heads up the user experience (UX) group at RingCentral, which provides communications and collaboration tools and services. He says successful companies will fit the tools and tactics to the circumstances of their workers so remote doesn’t mean left out.