How Large Companies are Actually Large Ego Boosters

I have lately had the opportunity to work at high level in a number of very large companies and I am struck how the social system of these companies is a machine to inflate egos.

egoIt may be due to the fact that in the selection process that presides over the choice of executives and senior managers, having a large ego (and its substantiation by a large company car, a corner office, a pretty secretary, a super tight calendar that can’t allow meeting for the next 3 months…) is  a discriminating factor that fosters promotion.

Anyway, this has two consequences

  • ego being tied to the job title and the associated deference within the organization, the transition will be very hard if moved out of the job or when retiring
  • as top managers will be significantly ego-driven, this may lead to derailment in decision-making with regard to the best interest of the company.

I certainly hope that over time, the organization of the Collaborative Age will be significantly less ego-driven and ego-fostering. Its less pyramidal shape, its openness should provide the necessary antidote.

Share

Is Having Many Different Projects At The Same Time Good or Bad?

I am struggling with the fact that I always have a number of parallel projects going on at the same time, and whether this is a good thing – as it is sometimes a struggle to deal with all of them at the same time. The problem is that I can be passionate about many ideas. Some well-known entrepreneurs like Elon Musk pursue many ventures at the same time while many others underline the need to have focus (Focus – as a driver of excellence as the title of a book by Daniel Coleman).

multitaskingLet’s analyse the situation. Having many projects at the same time:

  • provides interesting options and wider encounters,
  • Is a great way to manage the risk of failure of a project by having several others at various stages of development,
  • allows to identify and develop synergies between projects and related social groups.

On the other hand, limiting the number of projects:

  • allows focus and more chances of success through stubborn attention,
  • allows to manage workload more easily (less conflicting calendars!),
  • requires less resources.

It may be because of my nature but I think I like to keep having several projects. I realize however that for this to work, I need:

  • to be able to drop projects that become excessively time-consuming with poor results,
  • in general be mindful to limit time involvement to a certain limit,
  • find ways to make it work time-wise, for example by combining projects that are flexible (do not require a lot of interactions) with projects that bear significant time constraints,
  • seek the maximum of synergies, if possible.

Any other suggestion?

Share

How Men and Women Employment Will Be Shaped in the Collaborative Age

While the shifts in the employment market show an increase in women taking part to the economy, it is by no means putting in question completely the role of men (see our previous post ‘Would Manhood be Destroyed by the Collaborative Age?‘). But a shift will happen with women increasingly taking salaried employment and men developing ‘artisan’ self-employment.

The factory worker, retired early 21st century
The factory worker, retired early 21st century

This substantial change, is developed in an interesting article in Playboy (which does seem to include serious papers as well!) ‘Forum: A Path for Blue-Collar Workers in the 21st Century‘ which is also commented on Marginal Revolution ‘Is there economic hope for men?

In substance, this post states that “the ways men and women fit into the economy will come to complement each other. Their roles will change, in some ways becoming more traditional and in others less: Women may be likelier to spend their careers in nine-to-five corporate positions, enjoying the regular hours, benefits and predictable pay those jobs entail. Forty-nine percent of women already work in firms with more than 500 employees, compared with 43 percent of men, and their share of the corporate pie is growing. That certainty will empower men to take on less predictable but possibly higher-paying work in self-employment.”

This is a trend I observe in my small circle of entrepreneur-friends: often the man is the entrepreneur while the woman has a stable job that provides for the family until the venture creates value.

The author continues as an apt conclusion, “A world in which men strive to learn new skills and take on riskier, entrepreneurial household roles may even prove more fulfilling than office work—but this requires changing our definition of a “good job.” Expecting men to be better-educated, office-work-oriented breadwinners is an outmoded idea. The artisan of the future will still be skilled and possess just as much potential to provide for his family. The technological revolution is yet another turn in the cycle of economic progress, and workers of both genders must learn to adapt. The end of men is not nigh; the end of our dated notion of work, however, is.”

Share

Would Manhood be Destroyed by the Collaborative Age?

There appears to be a number of publications about the loss of power by men in the new society, and the fact it may be a major causes of the current crisis.

Traditional Industrial Age manhood
Traditional Industrial Age manhood

One of the major pieces is a 2010 essay in The Atlantic ‘The End of Men‘ that describes how woman are taking power since the 1970s (since the wide adoption of birth control, noted by us as a key contributor to the Fourth Revolution) and how men have now lost their traditional identity of bread winner for the family. The piece even describes how active discrimination is needed to get enough men into university as women would be much more successful academically.

But these statements can sometimes go a bit over the top like in that Marginal Revolution post ‘What the hell is going on?‘ where the loss of manhood is suggested to the at the root of many contemporary political woes (“The contemporary world is not very well built for a large chunk of males“).

There is definitely a rebalancing act between men and women happening, and it is true that a lot of the blue collar jobs lost to the Fourth Revolution transformation were traditionally held by men, which creates some identity crisis. We should however probably not go to the opposite statement. After all, Silicon Valley is still struggling to get a fair share of women in startups.

Share

What New Institutions Are Needed for The New World of Work

The new world of work – sometimes dismissively called ‘Uber-ized’ – will require new institutions. This post from Quartz ‘How to make an Uber-ized economy work in America‘ provides some interesting clues.

uber protestBecoming a contractor is an increasing trend: “[Independent contractors] share of total employment is rising, from 9% to almost 16% between 2005 and 2015. And it’s not just low-skill, uber-drivers turning to contract work out of desperation—the increase in alternative work spans all education levels. Americans with a college degree are most likely to be contract workers, and this group saw the biggest gains. Contingent work has also become more common across a variety of industries and occupations.”

One of the main issues with the fact that we will become increasingly contractors is to manage the risk of a sudden loss of revenue; and more generally, the ups and downs of income depending on how often we provide our services. This is a problem I am managing in my consulting company, voluntarily keeping a substantial share of earnings in the company to cope with periods with lower utilization. De facto, the company is being used as an income insurance buffer. It might not be the most efficient way, but it works.

The Quartz post proposes that the state could setup a ‘wage insurance’ against substantial drop of income to cover those extreme events that can really derail one’s life. This could be a very useful institution for the Collaborative Age, together with some sort of collective health and life insurance.

What other institutions could we think of for the Collaborative Age?

Share

How to Overcome The Link Between Job and Identity

In the Industrial Age, job title was very much one’s social identity, in particular related to the position in pyramidal organization charts. In many countries like France, the studies (university, degree) and grade achievements was also very much one’s identity. It is still the case at various levels.

job and identityHowever, this easy-to-relate identify definition will disappear in the Collaborative Age as the importance of conventional organizations will progressively disappear, and as we will be increasingly on our own without a fixed ‘job’, or at least only with temporary ones.

This situation creates a lot of stress on personal identity. It is thus a high barrier for those that hesitate to jump out of traditional organizations; or, those who get retrenched or lose their job and have to reinvent themselves. It is possibly one of the biggest stressors in society today.

One needs to realize how defining oneself in terms of job title and university degree is limiting. In particular after a few years’ experience, our personal identity is much more complex and full; and it involves both personal and professional elements. We need definitely to find other ways of expressing our complete identity. It could be through our own creations or on social media.

Transforming the way we express our identity is a mandatory skill for the Collaborative Age.

Share

How to Overcome The Problem of the Flawless Record

Our society seeks the Flawless Record. Our resumes have to be flawless and have no holes, and in general we are suspicious of people with any hint of controversy. However as Seth Godin reminds us, this is a paradox. Success only comes from creating things that are criticized.

flawless_resumeBeing criticized means that we try to move things forward. It means we have tried something new, something disruptive. As Seth Godin reminds us “If your goal is to be universally liked and respected and understood, then, it must mean your goal is to not do something that matters.

I would like to add that it is great to be criticized and controversial as long as there is no integrity issue related to the matter (although sometimes adversaries might appeal to put our integrity, so that it is sometimes difficult to discern).

Flawless is not an objective. Consistent and courageous is. We need to choose – and maybe not make it through the usual filtering criteria of the Industrial Age!

Share

How Offices Will Increasingly Become Collaboration Spaces Only

As a small consulting company we don’t have an ‘Office’. We have meeting points (cafes, sometimes a rented meeting room). That might well be the trend in the future, with offices becoming exclusive collaboration spaces, bringing together a team temporarily for a joint effort.

office of the futureWhy should we have an office and pay for the space? We are mainly working at clients’ offices and often staying at hotels. We can work from anywhere with 4G connectivity. A home office is sufficient for remote work when needed. This has drawbacks of course, such as loneliness sometimes. I have to recognize that this model is still non-traditional and we face sometimes misunderstanding by authorities and clients. But I strongly believe it is the future of work.

In the future the traditional office, if linked to controlling the time people spend at work, and as a private territorial space might well disappear. Even at the executive level (people that generally are travelling a lot) the concept of private office tends to be replaced by hot desks.

At the same time, the importance of offices as collaboration spaces will increase, because teamwork is always essential at creating value. But we don’t necessarily need to be collaborating all the time; we also need quiet time to deliver. Office space needs to be shaped for collaboration, but less so for private space, which can be conveniently found in other places closer to home, with significant savings in time, convenience and the environment.

Do you agree with this trend and do you see it evolving around you?

Share

What the Greatest Problem in Communication Is

The greatest problem in communication is the illusion that it has been accomplished” —variously attributed to Georges Bernard Shaw or Daniel W. Davenport (who knows?).

communicationThis is certainly an eternal truth and should hang as a reminder on all change managers desks and on the walls of all of those in charge of organizational transformation.

Communication needs to overflow, it is always too easy to convince oneself that it has been accomplished and stop communicating.

As a useful rule of thumb, repeat until people feed back that they have heard enough.

Share

How It Is Important to Remain Visible and Familiar

Following up on our previous post ‘Why Pure Performance Does Not Guarantee Success‘, one essential element is visibility.

high_visibilityKeeping visible is hugely important. As Jeffrey Pfeffer writes “The simple fact is that people like what they remember— and that includes you! In order for your great performance to be appreciated, it needs to be visible. But beyond visibility, the mere exposure research teaches us that familiarity produces preference. Simply put, in many cases, being memorable equals getting picked.”

Familiarity adds a layer of emotion on top of visibility, leading to being memorable.

This also explains, for example, why far-away assignments are often not conducive to promotions compared to assignments at headquarters. Or why, in terms of business development, familiarity is an essential objective of relationship development.

Stay visible, develop familiarity and become memorable. And then get picked!

Share

Why Pure Performance Does Not Guarantee Success

In his highly recommended book ‘Power: Why Some People Have It—and Others Don’t‘, Jeffrey Pfeffer insists that “performance doesn’t guarantee success”. And this is true bith on a personal and on a professional level. It also works for companies – even great products may not sell!

executive_derailmentSuccess requires something more than just great performance. It requires marketing skills and political savvy-ness to be able to navigate within the organization, the market, the institutional setup. Unfortunately this may also lead those that have those extra skills to be very successful without necessarily the performance attached to it.

As the theory of constraints also shows, local performance in an interlinked system with other entities that are not performing will not save the entire system. It is a waste (the myth of the hero does not exist)

Thus, the fact that pure performance is not the first deciding aspect is a reality that needs to be taken into account in all our endeavors. We also have to hone our skills of influencing, managing our bosses and clients, and in general, marketing our abilities. A good balance will create success.

What about you?

Share

How We Can Overcome Being Judged Only By Our Track Record

I like this quote “We judge ourselves by what we feel capable of doing, while others judge us by what we already have done“. – Longfellow.

longfellow-quoteI find it so true both on a professional and a personal level. Because we are often judged by others on our past track record, it is extremely difficult to explain that we have decided to change, and that we intend to change. And even more to explain what we feel capable of doing in the future if it looks vastly different from what we have done in the past.

As a personal note, the most salient occasion where I have observed this was when I was an expatriate. The home office was still judging me on the basis of what I was doing before departing a few years earlier, while of course by experience grew tremendously from the exposure (hence, a divorce to be expected with my employer).

When we face this issue, explanation is one way, but action is probably the most effective way to demonstrate commitment and that we take a new orientation seriously, based on what we believe we can achieve. It may involve some significant initiative-taking. But that’s worth it!

Share