From the course: The Future of Work: The Necessary Skills of Your Future Workforce
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Actively manage careers
From the course: The Future of Work: The Necessary Skills of Your Future Workforce
Actively manage careers
- Careers are also being dramatically transformed, catalyzed by technological change. Previously, we spent decades, one corporate behemoth, climbing the rungs of a well-worn vertical ladder, up endless hierarchies. We worked long, boring hours to achieve incremental growth of job scope, salary, and seniority, which eventually paid off at the very end when we retired. Now, scalable, sophisticated technologies have shrunk and flattened companies, accelerated non-linear business developments, broadened evolving responsibilities, and automated many routine tasks, increase in the complexity of entry level jobs by three to four years. Fewer hierarchy layers mean promotions are diagonal, and even horizontal, as well as vertical. There's little to no job security, and no retirement is anticipated after a series of careers over our longer lives. The fundamental employment equation has changed. Younger employees are focusing…
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