Mind Dump

The last decade wiped out the previous 70 years' worth of gains in manufacturing jobs

so many more employers have so much more access to so much more above average cheap foreign labor, cheap robotics, cheap software, cheap automation and cheap genius. Therefore, everyone needs to find their extra — their unique value contribution that makes them stand out in whatever is their field of employment. Average is over.

Yes, new technology has been eating jobs forever, and always will. As they say, if horses could have voted, there never would have been cars. But there’s been an acceleration. As Davidson notes, “In the 10 years ending in 2009, [U.S.] factories shed workers so fast that they erased almost all the gains of the previous 70 years; roughly one out of every three manufacturing jobs — about 6 million in total — disappeared.”

Filed under  //  economy   workforce  

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China has the ability to scale up faster than the U.S.

China provided engineers at a scale the United States could not match. Apple’s executives had estimated that about 8,700 industrial engineers were needed to oversee and guide the 200,000 assembly-line workers eventually involved in manufacturing iPhones. The company’s analysts had forecast it would take as long as nine months to find that many qualified engineers in the United States.

In China, it took 15 days.

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Just a few metro areas represent nearly all national GDP growth

[Just] 64 metro areas. . . . collectively contribute about 62 percent of the combined GDP of Canada and the U.S. Between 2010 and 2011 they represented 83 percent of the growth in the combined GDP.

More evidence for Richard Florida's assertion that the world is spiky, not flat...

http://isites.harvard.edu/fs/docs/icb.topic30774.files/2-2_Florida.pdf

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New workers will arrive with their own feedback systems already in place

The Grommets are a case of self-directed learning done collaboratively. Cognitive apprenticeship is now available for the taking because many experts are narrating their work, or are being captured by video while doing their work. This phenomenon will continue to pervade our society. We’ve all gone mobile now. We’re getting continuous feedback from our networks, as The Grommets and even the kids at HiW did. It’s not uncommon today for a 12 year old to have an international network. These can often act as learning networks. More and more people will be coming to your workplace with their own feedback systems already in place.

Filed under  //  learning   social media   workforce  

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American Management Association advocates for 3 Rs and 4 Cs

Proficiency in reading, writing, and arithmetic has traditionally been the entry-level threshold to the job market, but the new workplace requires more from its employees. Employees need to think critically, solve problems, innovate, collaborate, and communicate more effectivelyand at every level within an organization. According to the AMA 2010 Critical Skills Survey, many executives admit there is room for improvement among their employees in these skills and competencies.

AMAs survey shows that an overwhelming number of respondents believe that these 21st century skills are important to their organizations today and will become even more important in the future, said Edward T. Reilly, AMA president and CEO. Many executives feel that their current workforce is not as well developed in these areas as they need to be.

Filed under  //  edtech   workforce  

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Highly-creative kids don't wish to conform to schools' compliance demands

The top 20 percent in IQ on the one hand, and in creativity on the other, were singled out and asked to rank certain personality traits (a) on the degree to which they would like to have these traits, and (b) on the degree to which they believed teachers would like the student to have. … While the high IQs “preferred traits” correspond closely to their perception of the teachers’ values, the high creatives’ ranking of preferred traits was actually inversely related to the perceived teachers’ ranking. The high creatives do not fail to conform; rather they do not wish to conform.

Filed under  //  learning   teaching   workforce  

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American's aren't jumping at the chance to slice up catfish for minimum wage

Rhodes says he understands why Americans aren’t jumping at the chance to slice up catfish for minimum wage. He just doesn’t know what he can do about it. “I’m sorry, but I can’t pay those kids $13 an hour,” he says. Although the Uniontown plant, which processes about 850,000 pounds of fish a week, is the largest in Alabama and sells to big supermarket chains including Food Lion, Harris Teeter, and Sam’s Club (WMT), Rhodes says overseas competitors, which pay employees even lower wages, are squeezing the industry.

Filed under  //  economy   workforce  

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Raise our skills or lower our wages

Bill Gross, the head of Pimco, the world’s largest bond fund, sums it up in no uncertain terms: “Our labor force is too expensive and poorly educated for today’s marketplace.” There are two variables here: our educational levels, which are low, and our wages, which are high. Either we will raise our educational level or markets will lower our wages.

Filed under  //  economy   workforce  

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Generation Y is bored

if, as an organization, we are not moving at the speed of these technologies, we are already behind before we’ve even started.  As a result, we perceive a younger workforce that is disloyal and needy, when, in fact, we are having difficulty just maintaining their interest.

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The U.S. education system really sucks

The United States education system really sucks. We continue to toil in a 19th century factory-based model of education, stressing conformity and standardization. This is all true even though globalization has transformed the world we live in, flipping the status quo of the labor market upside down. The education system has miserably failed in creating students that have the dexterity to think creatively and critically, work collaboratively, and communicate their thoughts.

Filed under  //  edreform   edtech   education   workforce  

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The 'Big Shift'

we’re in the early stages of a “Big Shift,” precipitated by the merging of globalization and the Information Technology Revolution. In the early stages, we experience this Big Shift as mounting pressure, deteriorating performance and growing stress because we continue to operate with institutions and practices that are increasingly dysfunctional — so the eruption of protest movements is no surprise.

Yet, the Big Shift also unleashes a huge global flow of ideas, innovations, new collaborative possibilities and new market opportunities. This flow is constantly getting richer and faster. Today, they argue, tapping the global flow becomes the key to productivity, growth and prosperity. But to tap this flow effectively, every country, company and individual needs to be constantly growing their talents.

Thomas Friedman (citing John Hagel III & John Seely Brown) via http://www.nytimes.com/2011/10/12/opinion/theres-something-happening-here.html

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Greater job security for creative class workers

The creative class lost slightly less than three quarters of a million jobs during 2008-2010, the height of the economic crisis, less than two percent of all its jobs. Arts and media jobs declined at a higher rate, 4.9 percent, shedding 88,300 jobs. But this pales next to the destruction of more than two million service jobs and 5.3 million blue collar jobs, one in six jobs in that sector. In the first half of 2009, when national unemployment was at 8.7 percent, creative class unemployment was about half that level (4.4 percent) and just a third of the 15.2 percent rate faced by blue collar workers. Interestingly enough, creative class workers who had jobs actually saw their wages grow by 4.4 percent during the crisis, while the wages of arts and media workers grew by 3.2 percent. At the same time, blue collar workers faced the double whammy of massive job destruction and falling wages (which declined by 4.7 percent).

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blue collar jobs are projected to decline by another 1.2 million over the next five or six years, while the creative class is expected to add another 6.8 million new jobs, with employment in arts, design, and media rising by 12 percent, according to projections by the Bureau of Labor Statistics covering the period 2008 to 2018.

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Good might not cut it anymore and average is definitely over

The connected world was a challenge to blue-collar workers in the industrialized West. They had to compete with a bigger pool of cheap labor. The hyperconnected world is now a challenge to white-collar workers. They have to compete with a bigger pool of cheap geniuses — some of whom are people and some are now robots, microchips and software-guided machines.

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In the hyperconnected world, there is only “good” “better” and “best,” and managers and entrepreneurs everywhere now have greater access than ever to the better and best people, robots and software everywhere. Obviously, this makes it more vital than ever that we have schools elevating and inspiring more of our young people into that better and best category, because even good might not cut it anymore and average is definitely over.

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You are paid for producing value

You aren’t paid for showing up. You aren’t paid for time served (work isn’t a prison sentence, and you may be the only one counting time). There aren’t real rewards for having been in your job for another trip around the sun.

You are paid for producing something that other people find value, things that benefit others. Being accountable for producing those results means you are valuable to others.

Hat tip: Angela Maiers, http://twitter.com/AngelaMaiers/status/116959740474556416

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How the developed world can compete

Developed economies and their companies will always lose out to the emerging economies and their companies if the battle is fought on the basis of lowering cost (which is where traditional management generally tries to compete.)

Developed economies and their companies can only win in the long run if they compete on the basis of adding more value, through superior understanding and mastery of the world of the customer (which requires a radically different kind of management).

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To upgrade and adapt their skills, workers will need greater flexibility and social capital

The growing need for workers to keep upgrading and adapting their skills is one of the themes of a new book, “The Shift: The Future of Work is Already Here”, by Lynda Gratton of the London Business School. She argues that the pace of change will be so rapid that people may have to acquire a new expertise every few years if they want to be part of the lucrative market for scarce talent. She calls this process “serial mastery” and notes that the current educational system in most countries, from kindergarten through university, does a poor job of equipping people for continuous learning. There is likely to be a wave of innovation in further education, particularly online, that will cater to this need in a more flexible, personalised way than the traditional degree or postgraduate course. For some people, this evolution will take place within a single firm offering long-term employment. But for a growing number of workers the trick will be to jump from one company to another to take advantage of changing skill shortages.

According to Ms Gratton, people will also have to invest more in their personal “social capital”, which will involve three elements. First, they need to build themselves a “posse”, a small group of up to 15 people they can turn to when the going gets rough, says Ms Gratton. They should have some expertise in common, have built up trust in each other and be able to work effectively together.

Second, they need a “big-ideas crowd” who can keep them mentally fresh. This echoes the discussion of “managed serendipity” in last year’s business bestseller, “The Power of Pull”, in which John Hagel and John Seely Brown argued that the successful worker of the future will live in clusters of talented, open-minded people and spend a lot of time going to thought-provoking conferences. Third, they need a “regenerative community” to maintain their emotional capital, meaning family and friends in the real world “with whom you laugh, share a meal, tell stories and relax”.

Hat tip: Richard Florida, http://twitter.com/#!/Richard_Florida/status/111868240019472384

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Tradable v. non-tradable jobs

Nobel-prize winning economist Michael Spence makes this really clear: there are tradable jobs (making things that could be made somewhere else, like building cars, designing chairs and answering the phone) and non-tradable jobs (like mowing the lawn or cooking burgers). Is there any question that the first kind of job is worth keeping in our economy?

Alas, Spence reports that from 1990 to 2008, the US economy added only 600,000 tradable jobs.

If you do a job where someone tells you exactly what to do, they will find someone cheaper than you to do it. And yet our schools are churning out kids who are stuck looking for jobs where the boss tells them exactly what to do.

Do you see the disconnect here? Every year, we churn out millions of of workers who are trained to do 1925 labor.

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The post-industrial revolution is here. Do you care enough to teach your kids to take advantage of it?

Filed under  //  Seth Godin   economy   education   workforce  

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We need workers who can invent, adapt, and reinvent

what is most striking when you talk to employers today is how many of them have used the pressure of the recession to become even more productive by deploying anything they can use to make better products with reduced head count and health care and pension liabilities. That is not going to change. And while many of them are hiring, they are increasingly picky. They are all looking for people who not only have the critical thinking skills to do the value- adding jobs that technology can't, but also people who can invent, adapt and reinvent their jobs every day, in a market that changes faster than ever.

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Success in the post-industrial era

This is the post-industrial era. Success is not about speeding up the assembly line as much as it relies on individuals able to create leaps forward. The person capable of doing that sort of work is in far higher demand than ever before.

 

Filed under  //  Seth Godin   economy   workforce  

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Erosion of the credentialing monopoly of college

A major function of college is to signal to potential employers that one is qualified to work. The Internet is replacing this signaling function. Employers are recruiting on LinkedIn, Facebook, StackOverflow and Behance. People are hiring on Twitter, selling their skills on Google, and creating personal portfolios to showcase their talent. Because we can document our accomplishments, and have them socially validated with tools such as LinkedIn Recommendations, we can turn experiences into opportunity. As more and more people graduate from college, employers are unable to discriminate among job seekers based on a college degree and can instead hire employees based on their talents.

Filed under  //  highered   workforce  

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The impact of outsourcing on U.S. lawyers

Top American firms have cut hiring or moved to a lower-tier pay system for many new associates. Corporations are reducing their legal departments. Legal temp companies now pay as little as $20 a hour to board-certified lawyers for document reviews that a decade ago might have been billed at $200 an hour.

But there is at least one glimmer of light. And it comes from a surprising direction.

Outsourcing firms, the companies that in recent years added to the financial woes of the American legal profession by sending work to low-cost countries like India, are now creating jobs for lawyers in the United States.

The American salaries for outsourced work, typically in the $50,000 to $80,000 range, may look meager compared with the six figures that new associates might still hope to draw at a big firm. But outsourcing jobs typically pay better than temp work — and certainly better than no work at all.

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The white working class: pessimistic and alienated

From Revolutionary days through 2004, a majority of Americans fit two criteria. They were white. And they concluded their education before obtaining a four-year college degree. In the American mosaic, that vast white working class was the largest piece, from the yeoman farmer to the welder on the assembly line. Even as late as the 1990 census, whites without a college degree represented more than three-fifths of adults.

But as the country grew more diverse and better educated, the white working-class share of the adult population slipped to just under 50 percent in the Census Bureau’s 2005 American Community Survey. That number has since fallen below 48 percent.

. . .

Still, amid all of this change, whites without a four-year college degree remain the largest demographic bloc in the workforce. College-educated whites make up about one-fifth of the adult population, while minorities account for a little under one-third. The picture is changing, but whites who have not completed college remain the backbone of many, if not most, communities and workplaces across the country.

They are also, polls consistently tell us, the most pessimistic and alienated group in American society.

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Making things v. making grades

Kids, when they make [things], are actually preparing themselves better for the jobs they’ll have in the future than [they are by] getting straight A's.

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The continued bifurcation of the American workforce

The 10 largest fields accounted for about 20% of the workforce last year — and they tended to include some of the worst-paying positions, the Labor Department said Tuesday. Heavily concentrated employment in low-paying jobs has been a concern for some economists, who note the economy is creating more low-paying jobs and more high-paying jobs (that require higher education) and leaving fewer opportunities for the traditional American middle class.

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The continued migration of jobs overseas

The Commerce Department reports that since 2000, U.S. multinationals have shed 2.9 million workers at home but picked up 2.4 million workers overseas. And that is to say nothing of the millions more who work for the foreign companies that now make many of the products and components sold by multinationals.

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Jobs and robots

Most likely, all jobs that can be done by robots will be done by robots

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We've flatlined on high school-only jobs

Since 1973, the number of jobs that require at least some college has more than tripled, while those requiring a high school diploma or less have flatlined.

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Outsourcing the technical grading of college papers

When a student turns in a paper, the professor sends it to RichFeedback, which then passes it along to its own tutors, mostly based in India. According to the Fresno Bee, the tutors return the papers "covered with color-coded corrections, suggestions for improvements and references to class text examples." Then professors only have to spend time evaluating a paper's subject-matter content.

So is it a big deal if the person correcting your paper is in India instead of on campus?

Of course the 'person in India' also could be 'essay grading software'...

Filed under  //  education   highered   learning   teaching   workforce  

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Computers are now integral to nearly every conventionally blue-collar profession

computers are now integral to nearly every conventionally blue-collar profession, from police work to cargo loading to trucking. For the generation of kids graduating today from Booker T., digital technology is going to be a part of pretty much any job they might want.

That is why it is so essential that we make investments in math and science education now. We’re already seeing a “disappearing middle” in the workforce, as the middle class starts to look more and more like the conventional working class. And the working class job of tomorrow is going to be a digital job. The American economy can’t stay afloat and the American workforce can’t stay working unless we teach kids the ins and outs of digital technology.

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