Thursday, August 2, 2018

innovation economy/ "The rise of apps to serve the so-called gig economy"

This is the 300th job email/ blog post:

Aug. 19, 2016 "Are you ready for the innovation economy?": Today I found this article by Eileen Chadnick in the Globe and Mail:


If you are still talking about the knowledge economy, you might want to upgrade your narrative. It’s now all about the innovation economy. And the question is – are you ready for it?

For some time now, careerists have prepared themselves for knowledge-based careers. They learned skills, acquired credentials, and entered professions that had some sort of predictable roadmap to career success in the so-called knowledge economy. This worked well – and for many it still does.

But disruptive technologies, new business models and an accelerating pace of change are shifting the landscape faster than we could whistle for a taxi. Or shall I say “text Uber”?

Despite doing all the ‘right’ things – many people, businesses and industries will find themselves sidelined if unprepared. Ask any marketer or business leader who hasn’t kept up with the ‘digital economy’ … the old ways just don’t cut it these days.

Knowledge and related professional skills will still be critically important but the market will increasingly call for people with additional skills, mindsets and abilities to drive innovation or at least keep up. And these skills won’t all be technical in nature (for example, skills of your ‘trade’), you will also need ample strengths from the emotional intelligence spectrum – resilience, adaptability, self awareness – and more.

Change and innovation will be the new normal – and a constant. How’s that for a paradox?. Whether you are a careerist (with a ‘job’), a freelance/solopreneur or head of a business – it’s all up for grabs in the innovation economy.

Here are six must-knows to be ready for the innovation economy:

1. Ditch the destination mindset: If you’re in the paradigm of finding (or believe that you are in) the perfect job to last for your career, or that you’ve finally acquired all the right skills, credentials and abilities to protect your employability for the long haul – think again.

Jobs, skills, professions will be in continual evolution and change. What you need to know and be able to do will be a moving target. And while change isn’t new – the pace of change is accelerating faster than at any time before.

By all means, find the work you love and train for that – but stay on your toes, be curious, and active in your learning and development throughout your career. Watch not where the puck has landed but where it might be heading. And even then – be prepared for surprises.

2. Survival of the fittest means ‘adapt-ability’ will reign: If you are a creature of habit or find it hard to shift gears you risk being left behind. Those who have the ability to adapt (‘adapt-ability’) will have a better chance of surviving and thriving in their careers.

If adapting to or creating change doesn’t yet come naturally for you there’s good news.

Agility – in mindset, thinking, and habits – can be developed. These competencies fall within the emotional intelligence spectrum and are not fixed personality traits. You can learn to do better and experience change with more ease. You might not be the change-leader but if you can get on the train quicker and without resistance, well, that will serve you better. Bottom line: add ‘agility and flexibility’ to your personal development plan.

3. Expect crossroads and more often: Crossroads used to happen only occasionally and only to some people or at certain points in their lives and careers. They are increasingly more common and more frequent. Sometimes crossroads bring feelings of uncertainty and confusion (what to do; which way to go).

Try not to sweat these times. Resistance and judging will only make it harder. Embrace these times as part of your evolution. Keep an open mind and get the support you need to navigate them with more confidence.

4. Get comfortable with uncertainty: If only we can predict the change then we can get ready and be prepared. Being prepared at all times is a great strategy but in the innovation economy chances are that some of the shifts will come almost unannounced or be invisible to you until they arrive.

Best way to prepare is to stay nimble; keep a good network; know and build on your strengths, skills and abilities. And be savvy and know how to use your transferable skills (do you know what yours are?).

5. Careful where you get your advice from: I get calls from well-meaning parents wanting me to “coach” (aka in their translation: convince) their kids to follow more ‘secure’ paths and ‘settle’ into one career path – just like they did. While parents, teachers, friends may be great sources of wisdom, experience, connections – take heed: what worked for them may no longer be workable in the new paradigm of work. So by all means, listen, learn and get ideas and input from many people but question any advice you receive with healthy skepticism when warranted.

Shout-out to parents – by all means be there for your kids and talk to them about careers; but instead of prescribing what worked for you recognize these are different times. Focus on teaching them to be resourceful, agile, innovative and self-aware.

6. There’s nowhere to hide: If you are thinking that this kind of thing is only relevant to the start-ups and perhaps, newer and “edgier” sectors and companies, then think again. There is no sector or industry that will not be transformed in some way by the innovation economy.

Consider banking for example – one of the oldest, most traditional and stable sectors in our economy. The banking of today is no longer the banking of yesterday and it will likely look different tomorrow, too. Banks are driving or at least partaking in much of the innovation effort today. They are partnering with Fintechs, trying on new technology, and changing how we bank, work, and much more. Frankly, I think the banks are starting to look sexier and more interesting these days – but that may just be me.

Ditto for most sectors – and so it goes.
So the questions are:

Will you be part of the change-makers?
Will you have the skills, mindset to lead innovation?
At minimum, can you keep up and be employable knowing you can’t yet see all that is coming?

Eileen Chadnick, an executive and leadership coach, is principal of Big Cheese Coaching in Toronto and author of Ease: Manage overwhelm in Times of Crazy Busy. Follow her on Facebook (facebook/bigcheesecoaching.com) and Twitter (@Chadnick).



Aug. 31, 2016 "The rise of apps to serve the so-called gig economy": Today I found this article by Gabrielle Coppola in the Globe and Mail:

One of the reasons Mustafa Muhammed finally broke down and bought a smartphone was because he needed to find a job.

The 57-year-old cook was tired of using a library computer to look for work and watching friends get a jump on leads via alerts on their phones. After picking up his first phone about two years ago, he downloaded a mobile app called Snagajob. This summer, he landed a gig at a new IHOP opening in Harlem, N.Y., after seeing it pop up in his inbox.

“This is job No. 2,” says Mr. Muhammed, who also works in the dining hall at Fordham University. “I wanted to pick up a little something extra for the summer. I don’t like to be lazy.”

Snagajob is one of a slew of apps that have sprung up in recent years to serve the so-called gig economy. This year alone, human-resources startups have attracted $1.2-billion (U.S.) in venture capital, with much of the funding going to companies designed to profit from the fluid nature of temporary or contract work, according to research firm CB Insights. In an election year dominated by concerns over economic inequality, Hillary Clinton and Donald Trump are pledging to generate more full-time jobs. But Silicon Valley is betting the gig economy is here to stay.

“Two or three years ago, it was pretty rare to have more than one job” says Snagajob.com Inc. chief executive officer Peter Harrison. “Now it’s really very common. What we are really building our business on is the blurring of the line between snagging a job and snagging a shift.”

Founded in 2000 as an online job board focused on “lightly skilled” hourly work, Snagajob says it has nearly doubled revenue derived from employers in the past three years. It claims 10 million unique monthly users and about 425 employees. In June, the Virginia company unveiled a mobile messaging app that lets employers assign shifts and lets workers trade them.

Snagajob charges employers for the number of clicks, applicants, interviews and hires it lines up. It also sells annual subscriptions for use of its hiring software. Mr. Harrison, 53, declined to specify revenue but says Snagajob is breaking even. In February, the startup raised $100-million to develop new features and fund acquisitions. The same month, Snagajob announced a partnership with LinkedIn, which has typically represented salaried professionals, to share research and data on hourly workers.

Similar apps are taking off in Europe, as well. Spain, with a large service sector and 20-percent unemployment, has become a testing ground for startups bringing the simplicity of swipes, geolocation and people-matching algorithms to hourly job recruitment. Three of them – Job Today, Jobandtalent and CornerJob – have raised some $87-million combined this year.

Job Today helps restaurants and retail mom-and-pops find and interview waiters, sales associates and drivers. Employers can post as many jobs as they like and have 24 hours to shortlist candidates, after which they use a chat feature to discuss the job and schedule face-to-face interviews. 

Posting a position on Job Today is gratis for now. Eventually, it plans to sell subscriptions that will let employers browse candidates and post jobs on an unlimited basis. The startup says it has about 100,000 business customers and has processed 15 million job applications since its founding a year ago.

Work force trends are moving in favour of these apps as more people prefer to choose their own hours. In the United States, even if they would rather work full time, government policy has increased the incentive for companies to hire temps and contract workers, Snagajob’s Mr. Harrison says.

 To avoid providing health care as mandated by Obamacare, many businesses deliberately ensure workers toil less than 30 hours a week. They may also prefer temps to avoid paying overtime now that the Obama administration has expanded eligibility to millions more Americans.

According to research from Harvard and Princeton universities, “alternative work arrangements” accounted for all the net employment growth in the United States from 2005 to 2015. That trend is widely expected to continue.

Of course, not everyone is as enamoured of the gig economy as the tech industry. “This glorification of flexibility is not in line with the reality of what most working people really want,” says Carrie Gleason, who runs the Fair Workweek Initiative, a network of activist groups that has pushed for laws to support predictable scheduling and guaranteed hours in low-wage industries. Shiftswapping is “a survival tool,” she says. “It is not the ideal.”


Nov. 28, 2016 "Canada could have 50% more millionaires by 2021": Today I found this article by Drew Hasselback in the Edmonton Journal:


The number of Canadian millionaires is expected to grow by 50 per cent over the next five years, according to the latest edition of the annual Credit Suisse Wealth Report.

Credit Suisse said Canada currently has 1,117,000 adults with asset holdings exceeding US$1 million, an increase of 25,000 individuals from last year. Based on forecasts in the growth of Canada’s gross domestic product and equity market capitalization, Credit Suisse expects the number of adult Canadians whose wealth exceeds US$1 million will rise by 50 per cent to 1,680,000 in 2021.

Canada is a rich country by global standards. According to Credit Suisse, Canada has about 4 per cent of the richest 1 per cent, even though Canada makes up only 0.6 per cent of the world’s adult population.



May 3, 2018: It was around 2016 that I see that there are more job articles about the future of work.  There are lots of articles about artificial intelligence, technology, and automation.

Jul. 28, 2018 Job advice from the news: I always read the business section from the Globe and Mail and the Edmonton Journal.  Mainly the Globe and Mail.  It is where I get all my job advice from:

-CEOs
-entrepreneurs 
-bosses and managers
-human resources
-career counselors
-regular people who make comments

It is mainly people with a bachelor's or master's degrees, and years of experience and education working in business.

Jul. 29, 2018 Research college programs: The new worker K who quit soon, she had told me she was unsure what career to go to.  She is majoring in English to get a Bachelor of Arts.  Most of her courses are transferable.  

Tracy: You should research college programs.  There are Student-for- a- day at MacEwan and NAIT where you can sit in classes for a whole day to see if it's a good program for you to go into.  

I have been research college programs for the past few weeks.  I will post them later.

My week:

Thurs. Jul. 26, 2018: I worked at the 2nd restaurant job from 9am-2:30pm.  It was very busy with a long line up because there was an event nearby.  

I then took the bus to my 1st restaurant job and worked from 4pm-10pm.  The busser J came from 5pm-6pm and left because he was sick.  Fortunately, the server W and I worked fine.

Fri. Jul. 27, 2018:  I worked at the 2nd restaurant job from 9am-2pm.  It was kind of quiet, even though the event nearby was still on.

I then took the bus to my 1st restaurant job and worked from 4pm-10:15pm.  It was only the server W and I.  It wasn't too busy.

Sat. Jul. 28, 2018: I worked tonight with W and V who is from another dept.  

Sat. Jul. 28, 2018 Dry cleaning tip: I read this in the Edmonton Journal today:

"Turn your dryer to it's hottest setting, throw in a maximum of three ice cubes and up to a few pieces of clothing, and when the cycle's done the steam created by the ice will have worked it's magic.  One ice cube should work if you're just steaming one."

Sun. Jul. 29, 2018: I worked on Sun. night and it was mostly quiet.

Mon. Jul. 30, 2018 Job interview: Today was my day off.  I then called back that company that called me twice and emailed me last week.  I went to the interview for this trade show sales rep.  I had low expectations prior to the interview, but I went there anyway.  You never know until you try.

It's not a waste of time because I was reading the newspaper on the bus to and from the place.  I don't see myself working there.

Tues, Jul. 31, 2018 Self development podcasts: I've been listening to these since 2015.  Here are some new ones I heard.  I always post these on my Facebook status updates:

Jen Mazer: 

“Whether we identify ourselves as an artist or not, we all are. We are the artists of our lives!”   Jen Mazer is the Queen of Manifestation. She’s always been able to dream up outrageous adventures and actually live them out—from rubbing elbows at a small private cocktail party hosted by Martin Scorsese, to living rent-free in the East Village of Manhattan for 10 years, to paying off over $38,000 of debt in less than a year, having her artwork published in the New York Times, traveling the world, meeting the man of her dreams (a successful rock star), giving birth at home to a beautiful daughter, and starting a green school in Africa. Jen is a sought-after transformational speaker and coach. 

She teaches people how to manifest their biggest dreams while making an impact on the world. She is known for her signature Manifestation Masters Program and Private Success Coaching. She's the author of Manifesting Made Easy and Co-Founder of the board game Sparked.  

 “Imagination is the closest way you can tap into your intuition.”   Jen looks at life through the lens of play - not so attached and not so serious. She shares to us that one has to trust the vision, and that we should step into it, even if we think we are not ready. After all, we wouldn't have the dream if we weren't ready. Jen also shares that we should allow gratitude to move through us so that we don't get stuck in our lives.  

 In this episode, Jen shares how she got the nickname, Queen of Manifestation. According to her, manifestation is something that we are all doing, whether we notice it or not. The more aware we are, the better we can apply it to our lives and the easier we know what we want. In imagining, we are actually receiving the dreams that we have. 

She also shares in this episode how she keeps herself tuned in and she explains that there is so much more than what we are seeing in this physical plane. She reminds us to not be afraid in sharing our dreams as this also gives opportunity for others to help by sharing our vision.   Find out more about Jen:   Queen of Manifestation Play Sparked



This is milestone episode for The Crave Cast. It is our final episode as The Crave Cast and when we come back next week, we will be the all new Her Rules Radio! It's an exciting time for us! The show format and content will remain the same and we will still be talking about the same issues, but Her Rules Radio will be the direction of our future. Listen to this final episode, as we talk to Jen Mazer about manifesting everythign you want in life. It's a double win today because we also have psychologist Elizabeth Lombardo with us to talk about our inner critic and everything else under the sun!


Claire Zammit: 

Claire Zammit Ph.D., is an expert transformational teacher, leader, mentor and successful conscious entrepreneur. Her mission is to empower women to fully express their gifts and talents by sharing the Feminine Power teachings that she created that she credits as the source of her own fulfillment, success and impact.

John Assaraf: I also read a free e-book from him.  Here's an interview and you can download it.  Most free e-books are mainly like 20-30 pages.



Aug. 1, 2018 Julie Serot: Dharma Talk Tuesday The 2 biggest blocks to your manifesting! (Probs not what you would think!!)



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