‘Not in the job description’

How many times have you heard that those who succeed ascribe their advancement to going beyond the parameters of their job description? What does that mean?

In some cases it might be asking for additional responsibility or supplementary assignments. But if we step back from a particular job, maybe it’s about being prepared for the bigger picture of your career. It’s the curiosity/lifelong learning thing that connects the dots as you progress as a professional. It’s recognizing a painting in a new client’s office and beginning a conversation, not based on a sale, but a shared interest.

It’s about being multidimensional.

To help on this aspect of professional development, we add a new category this week to ‘workthoughts’ – ‘Not in the Job Description’.

To begin, we follow the advice of The New York Times’ chief classical music critic, Anthony Tommasini. ‘Curious About Classical Music? Here’s Where To Start.’

“Over my many years of reviewing, I’ve often been asked for advice from newcomers to classical music, people excited by what they’ve heard, and eager to hear — and to learn — more.

Naturally, I urge those exploring classical music to find out whatever they can. Yet I’ve found that many people assume that knowledge of the art form is a prerequisite to appreciation. Newcomers to other performing arts, like theater or dance, don’t seem to feel this level of intimidation. I’d encourage those who are curious to just go to a performance and see what they think. A symphony orchestra program — or an opera, or a piano recital — is not an exam. It’s an escape, an adventure, an enrichment.”

Just to emphasize his point. When adding a new dimension to your portfolio think of it as “an escape, an adventure, an enrichment”.

Mr. Tommasini goes on to answer questions in his article, including his definition of ‘classical music’.

“Labels can be problematic in any field; “classical music” especially so. One complication is that music history refers to the years from roughly 1750 to 1825 as the “classical” period, when Haydn, Mozart and Beethoven achieved their glory. But in a broader sense the term classical music has been adopted as a way to describe the continuing heritage of music mostly written to be performed in concert halls and opera houses by orchestras, singers, choruses, chamber ensembles and solo instrumentalists. Another characteristic is that composers in this tradition have been drawn to larger, structured forms. Still, the term is far from ideal, but no one has come up with a good alternative — yet.”

The article includes links to sample recordings to get you started, including clips of Maria Callas’ 1953 performance as Tosca at Teatro alla Scala in Milan.

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In addition to following the dots presented by Mr. Tommasini, add a visit to an opera house or concert hall the next time you are planning a trip out of town or out of the country. Identify reviewers and critics that seem to match your tastes and follow them on social media. You will be amazed and delighted as you trace the links connecting the variety of performance.

Where will you begin your new adventure – ‘not in the job description’?

 

 

 

 

 

 

The week@work: “The Education of Silicon Valley”, Gen Z@work, mid-career sabbatical, & a new era of human spaceflight

This week@work a NY Times Op-Ed contributor wonders if Mark Zuckerberg should have taken more humanities courses, Gen Z begins to enter the workplace, while millennials take sabbaticals, and NASA introduces the next crew for commercial human spaceflight.

In her first Op-Ed for The New York Times, tech journalist Kara Swisher applied her expertise to explore ‘The Education of Silicon Valley’.

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“All these companies began with a gauzy credo to change the world. But they have done that in ways they did not imagine — by weaponizing pretty much everything that could be weaponized. They have mutated human communication, so that connecting people has too often become about pitting them against one another, and turbocharged that discord to an unprecedented and damaging volume.

They have weaponized social media. They have weaponized the First Amendment. They have weaponized civic discourse. And they have weaponized, most of all, politics.”

What’s it like to be a member of the Facebook corporate family today? You signed up to follow the Pied Piper of Menlo Park into the new world of global connectivity and you find yourself in the midst of global propaganda wars.

“At a recent employee Q. and A. I did at YouTube, for example, one staffer told me that their jobs used to be about wrangling cat videos and now they had degenerated into a daily hell of ethics debates about the fate of humanity.”

All companies evolve over time. Founders adapt or abdicate. Mr. Zuckerberg has done neither.

“Mr. Zuckerberg stuck with this mix of extreme earnestness and willful naïveté for far too long.

Because what he never managed to grok then was that the company he created was destined to become a template for all of humanity, the digital reflection of masses of people across the globe. Including — and especially — the bad ones.

Was it because he was a computer major who left college early and did not attend enough humanities courses that might have alerted him to the uglier aspects of human nature? Maybe. Or was it because he has since been steeped in the relentless positivity of Silicon Valley, where it is verboten to imagine a bad outcome? Likely. Could it be that while the goal was to “connect people,” he never anticipated that the platform also had to be responsible for those people when they misbehaved? Oh, yes. And, finally, was it that the all-numbers-go-up-and-to-the-right mentality of Facebook blinded him to the shortcuts that get taken in the service of growth? Most definitely.”

Corporate impact on society is not benign. Leadership is about understanding impact and nimbly responding to lights blinking red. There’s a Harvard Business School case here with implications far beyond the impact on share owner revenue. And for those who work@Facebook, it may be time to evaluate the ‘values fit’.

On the subject of ‘values fit’, journalist Ryan Jenkins identified the ‘Top 25 Employers Preferred by Generation Z’.

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“More than 60 percent of Generation Z’s top employers are global entities which is consistent with the 74 percent of Generation Z stating international experience (e.g., travel and working with global clients/colleagues) is an important aspect of potential employers. 

The presence of technology companies on the list isn’t a surprise especially since three-quarters of recent college graduates report having majored in a STEM-related field. Generation Z is the first generation to shift the tide toward STEM-related fields of study and seem poised to close the STEM gap.”

The top five in the survey: St. Jude Children’s Research Hospital, Google, Local Hospital, Amazon and Walt Disney Company.

While Generation Z plans their workplace entry, millennials are contemplating mid-career sabbaticals. Ben Steverman shares ‘Why It’s Time to Quit Your Job, Travel the World’.

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“Millions of Americans obsess over their careers and fret about saving, terrified they won’t have enough to ever retire. The advice not being offered by some experts may surprise these worried souls: Take months or years off from work, travel the world, and enjoy yourself.

There’s prudent logic behind a relaxing mid career break. With longer lives come longer careers and longer retirements – the first so that you can afford the second. But a 40-year career, ending at age 60 or 65, is a very different prospect from a 50-year career ending at 70 or 75.

Taking a break to travel isn’t a crazy move, especially for millennials, because it can help give workers the stamina for longer, more sustainable careers, says Jamie Hopkins, a professor and director of the retirement income program at the American College of Financial Services. The prospect of a future trip also give young workers an extra reason to save, live within their means, and pay down debt – an incentive that’s far stronger than the dream of retiring in several decades’ time.”

Where to travel on your mid-career sabbatical? Perhaps the galaxy and beyond…

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This past week NASA introduced the next generation of astronauts, ‘NASA Assigns Crews to First Test Flights, Missions on Commercial Spacecraft’. (Which has got to be good news for those who go to work in space, where the commute today begins and ends in Kazakhstan.)

“Today, our country’s dreams of greater achievements in space are within our grasp,” said NASA Administrator Jim Bridenstine. “This accomplished group of American astronauts, flying on new spacecraft developed by our commercial partners Boeing and SpaceX, will launch a new era of human spaceflight. Today’s announcement advances our great American vision and strengthens the nation’s leadership in space.”

The agency assigned nine astronauts to crew the first test flight and mission of both Boeing’s CST-100 Starliner and SpaceX’s Crew Dragon. NASA has worked closely with the companies throughout design, development and testing to ensure the systems meet NASA’s safety and performance requirements. 

“The men and women we assign to these first flights are at the forefront of this exciting new time for human spaceflight,” said Mark Geyer, director of NASA’s Johnson Space Center in Houston. “It will be thrilling to see our astronauts lift off from American soil, and we can’t wait to see them aboard the International Space Station.” 

With this ‘week@work’, the workthoughts blog returns after a two month hiatus. Stay tuned for new categories and join the conversation on work & workplace.

 

 

 

 

 

Photo credits: NASA Commercial Flight Crew courtesy NASA, St. Jude Marathon Weekend courtesy of Biomedical Communications

#TBT – Revisiting Neil Armstrong’s Commencement Address to the USC Class of 2005

Society’s future will depend on a continuous improvement program on the human character.”

It’s Commencement Season. The famous and wise will helicopter onto college campuses to share soundbites of wisdom and humor with the Class of 2018. Some speeches will be memorable, others immediately forgotten. It’s rare when an address can transcend the emotion of the day; when the speaker has been to the moon and back.

Thirteen years ago, Neil Armstrong, the American astronaut and first person to walk on the moon, addressed the graduating Class of 2005 at the University of Southern California. The man who announced to the world, on a July afternoon in 1969, “Houston, Tranquility Base here. The Eagle has landed.” never mentioned his achievement.

The day was about the graduates. Not about the man who walked on the moon.

But even the youngest family member in attendance knew who was speaking. A little boy climbed up a grassy hill behind a giant screen projecting the event. He hadn’t come to watch TV, but to see the astronaut for himself, in person. This was his connection to dreams beyond. “Mommy, that’s the man who walked on the moon.”

Can you imagine your life defined by one historical, ‘out of this world’ event?

There are few things today that take our breath away. We’ve forgotten the mysteries of space travel as we contemplate only the familiar. We go about our work day as a space station circles above, with no thought of the explorers at work outside our atmosphere.

On May 13, 2005, the parents, graduates, faculty and staff shared an historic moment with a legend. And the legend expressed his doubts about his ability to give advice.

“I feel a sense of discomfort in that responsibility as it requires more confidence than I possess to assume that my personal convictions deserve your attention.”

He encouraged the graduates to “appreciate the elegance of simplicity” and continued his address following his own advice.

“The single observation I would offer for your consideration is that some things are beyond your control. You can lose your health to illness or accident, you can lose your wealth to all manner of unpredictable sources.

What is not easily stolen from you without your cooperation is your principles and your values. They are your most precious possessions and, if carefully selected and nurtured, will well serve you and your fellow man.

Society’s future will depend on a continuous improvement program on the human character. What will the future bring? I don’t know, but it will be exciting.”

His challenge to us all is to lead a life of continuous learning and continuous improvement, even after you have achieved your ‘signature’ career experience.

 

 

The Saturday Read – ‘Sweetbitter’ by Stephanie Danler

Who will you become? That’s the question we should ask when we consider a new job, but often the promise of a new opportunity obscures the answer until we find ourselves caught in the rip tide of the unconsidered.

The Saturday Read this week is ‘Sweetbitter’, a novel by Stephanie Danler perfectly captures what it’s like to be 22, taking your first job in New York City.

“Let’s say I was born in late June of 2006 when I came over the George Washington Bridge at seven a.m. with the sun circulating and dawning, the sky full of sharp corners of light, before the exhaust rose, before the heat gridlocked in, windows unrolled, radio turned up to some impossibly hopeful pop song, open, open, open.”

There it is. That moment when we shed one identity and begin to sculpt the new. This is the magic of the author’s prose; transforming the familiar.

Set to debut as a six-part STARZ series on May 6, I encourage you to snag a copy and read this book while imagination is still your own and small screen images can’t get in the way of literary transport.

“…nobody remembers what it feels like to be so recklessly absorbent.
When you can’t see in front of you life is nothing but surprises. Looking back, there were truly so few of them.”

I’m not sure why we rely on non-fiction to inform our knowledge of life@work. Best seller lists are full of management philosophy exuding from ivy covered walls and concrete corporate towers. But it’s the fiction writers who add a touch of imagination and humanity to the workplace, who are the true management gurus.

“I don’t know what it is exactly, being a server. It’s a job, certainly, but not exclusively. There’s a transparency to it, an occupation stripped of the usual ambitions. One doesn’t move up or down. One waits. You are a waiter.”

‘Sweetbitter’ is a book about work and the communities we build around us to manage the connection between self and the enormity of place, in this case, New York City. It’s about expectations colliding with reality in a spot where following your dream invites on-going comparison to an alternate career path.

“We called them the Nine-to-Fivers. They lived in accordance with nature, waking and sleeping with the cycle of the sun. Mealtimes, business hours, the world conformed to their schedule. They were dining, shopping, consuming, unwinding, expanding while we were working, diminishing, being absorbed into their scenery.”

On the last night of her paperback book tour last June, the author read from the novel and shared her own career narrative with a group of readers at independent bookstore, Pages in Manhattan Beach, California.

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She alluded to similarities with her main character, Tess, and her early career working as a waitress in Seal Beach and later in NY at the Union Square Cafe. “At age 22 you are in the stream of experience, nothing is premeditated; autonomy without consequences. After six months at the Union Square Cafe I was no longer a writer.”

She pursued a successful path in the restaurant industry until she was confronted with “a hinge moment – the crushing feeling in your chest” when you realize your current commitment @work is delaying your dream job.

She applied to graduate school, went back to serving tables, took notes and spent 12 hours on Tuesdays creating a manuscript – ‘Sweetbitter’.

“That is the story of how I stopped waiting tables.”

One more thing, Stephanie Danler is obsessive about poetry. And that’s the strongest argument to read the novel before viewing the series. The book is beautifully written, in one instance transforming the cacophony of random dinner conversation into a poem.

If you’ve ever been a server, this book may stir a memory or two. A restaurant is where many of us started out, absorbing and ignoring life lessons on the fly. It was our workplace and Ms. Danler was one of us.

 

 

 

 

Can we apply the architecture of March Madness to job search?

Let’s say you’re totally undecided (confused, terrified, ambivalent) about your next career move. All you know is you’re not happy with your current options. Where do you begin?

Try categorizing your interests using the bracket system. Instead of four regions, fill in four career fields that might interest you. Next, identify sixteen possible employers in each field. Once you have your potential employer roster identified, begin your research.

This may be a good time to develop a parallel list of contacts: a bracket representing your network. Use the same four career categories and identify folks who have broad expertise in the profession. In this ‘exploration’ phase you are aggregating data about industry trends, market leaders, and potential for growth.

As you progress with your data gathering, you will begin to eliminate some organizations in favor of others. Once you get to your ‘elite eight’ employers, schedule your in-depth information interviews.

As you talk to people you will begin to establish a realistic assessment of ‘organization fit’, and evaluate your chances for success.

The ‘elite eight’ forms your target list. By the time you have narrowed your selection to eight, you should feel comfortable that each employer presents a realistic starting point in the next phase your career.

As with any selection process, you don’t have total control. The employer extends the offer and you have the choice to accept or continue to pursue other options.

Add a little ‘March Madness’ to your job search, and some fun to a typically stressful routine.

A new definition of success for the ‘gig economy’

How do we find meaning@work, when work is a 24/7 hustle? An article in the March/April issue of the Harvard Business Review offers some answers. ‘Thriving in a Gig Economy’ builds on research published by McKinsey in October, adding results of interviews with 65 gig workers.

As more folks opt for independence@work, new models emerge beyond the stereotype of ride-hailing service employee. The McKinsey survey of 8,000 respondents across Europe and the US found “up to 162 million people in Europe and the United States—or 20 to 30 percent of the working-age population—engage in some form of independent work.” This is no longer a trend, but a significant employment sector, attracting new members daily out of choice or necessity.

Authors of the HBR article: Gianpiero Petriglieri, Susan J. Ashford and Amy Wrzesniewski discovered commonalities among those who chose the ‘gig life’.

“We found remarkably similar sentiments across generations and occupations: All those we studied acknowledged that they felt a host of personal, social, and economic anxieties without the cover and support of a traditional employer—but they also claimed that their independence was a choice and that they would not give up the benefits that came with it. Although they worried about unpredictable schedules and finances, they also felt they had mustered more courage and were leading richer lives than their corporate counterparts.”

Ownership is the shared value of gig workers, productivity the measurement, uncertainty the trade-off, and work identity – it’s continually evolving.

“…the price of such freedom is a precariousness that seems not to subside over time. Even the most successful, well-established people we interviewed still worry about money and reputation and sometimes feel that their identity is at stake.”

What does success look like in this new workplace?

“Our conclusion is that people in the gig economy must pursue a different kind of success—one that comes from finding a balance between predictability and possibility, between viability (the promise of continued work) and vitality (feeling present, authentic, and alive in one’s work). Those we interviewed do so by building holding environments around place, routines, purpose, and people, which help them sustain productivity, endure their anxieties, and even turn those feelings into sources of creativity and growth. “There’s a sense of confidence that comes from a career as a self-employed person,” one consultant told us. “You can feel that no matter how bad it gets, I can overcome this. I can change it. I can operate more from a place of choice as opposed to a place of need.”

 

 

 

 

 

The Saturday Read ‘Sourdough’ by Robin Sloan

Before the migration of the nerds, San Francisco was famous for its’ bread, sourdough bread, dating back to the time of the gold rush. Food and a magical ‘sourdough starter’ serves as the career catalyst for Lois Clary, software programmer and heroine in The Saturday Read this week: ‘Sourdough’ by Robin Sloan. 

This is a novel about work; how we find it and what we become. It’s the story of ‘career’ in the twenty-first century when success in Silicon Valley is defined by levels of exhaustion and the unexpected ‘side hustle’ offers a promise of something better.

Lois is working at Crowley Control Systems in Michigan when she is recruited from her “stubby LinkedIn profile”.

“Here’s a thing I believe about people my age: we are children of Hogwarts, and more than anything, we just want to be sorted.”

And so it begins, as a cautionary tale for those who transfer ownership of career choice to the great algorithm in the sky, relocate to an alternate universe and join the tribe of the “Dextrous’ (employees of robotic firm, General Dexterity).

“We are on a mission to remake the conditions of human labor, so push harder, all of you.”

“In the months that followed, I had the sense of some vital resource dwindling, and I tried to ignore it. My colleagues had been toiling at this pace for three years without a pause, and I was already flagging after a single San Francisco summer? I was supposed to be one of the fresh-faced ones.
My face was not fresh.
My hair had gone flat and thin.
My stomach hurt.
In my apartment on Cabrillo Street. I existed mostly in a state of catatonic recovery, brain flaccid, cells gasping. My parents were far away, locked in the frame of a video chat window. I didn’t have any friends in San Francisco aside from a handful of Dextrous, but they were just as traumatized as I was. My apartment was small and dark, and I paid too much for it, and the internet was slow.”

Sound familiar? Can you imagine a call for take-out might transform your life? Did you know there was a Lois Club? For Lois Clary, these human connections are career turning points.

“I needed a more interesting life.
I could start be learning something.
I could start with the starter.”

We follow Lois on her adventures ‘underground’ at the ‘Marrow Fair’, interacting with a diverse group of artisans, connecting the dots of technology and food, robots and recipes.

“At General Dexterity, I was contributing to an effort to make repetitive labor obsolete. After a trainer in the Task Acquisition Center taught an arm how to do something, the arms did it perfectly, forever. In other words, you solved a problem once, and then you moved on to more interesting things. Baking by contrast, was solving the same problem over and over again, I mean, really: chewed and digested. Thus, the problem was perhaps the point.”

The lesson for the rest of us? Get out there, build relationships, get a more interesting life, solve problems, like your work. (You don’t need a career guide, just a great novel – Sourdough)

Innovation and invention are everywhere.

 

 

 

 

 

 

 

 

A new question

On February 2, 2015 ‘Workthoughts’ joined the blogosphere with a question, Why work?

“As children we are open to any work possibility. We haven’t learned the value society places on work and workers. Our exploration of the world of work begins with the folks who keep us safe. We imagine ourselves as those fictional superheroes, donning capes and masks, scaling buildings to save the city or the planet from threat.

Throughout our years of formal education we gain additional information about work and workplace options. By the time we are in high school, our academic performance and test scores have segmented the class into college bound and not.

As we progress through education we acquire the biases of our community and culture, strongly influencing our choice of work.

We begin our careers as interns; apprentices excited about an opportunity to finally realize a long held dream. Along the way we translate that experience into a full time job and begin our careers acquiring skills and learning the culture of the organizations we join.

We become engaged in our communities, raise families and continue our education.

At some point the momentum of our career trajectory outruns our initial dreams and values, and it’s important to ask, why work?”

Other questions emerged over the past three years, but all seemed subsets of the original. This one, posed by writer Meghan Daum, captured the uncertainty of our current workplace moment: “How do we measure fulfillment in work and where do we find it when the traditional channels have given way to a round-the-clock hustle?”

This may be the defining ‘future of work’ career question.

To respond, we need new definitions of success, more inclusive portraits of achievement; focus on the work itself, not the consequences. There are new constructs, locations, timelines and contracts. Relationships and expectations @work are more fluid. Everything is changing.

“We get surprised in real life because we can’t know everything there is to know. For one thing, we’re stuck in our own heads, in a single point of view.” Jincy Willett

As we begin year four, @workthoughts will continue to share the surprises and examine life@work through the lens of current reporting, research, poetry and ‘The Saturday Read’.

 

 

 

 

 

Are we missing a mentoring moment?

Before we turn into our best imitation of dysfunctional men@work, can we catch a breath and consider that we are on the same side?

Earlier this week a young journalist posted an account of an alleged sexual assault involving a visible Hollywood actor on a women’s news and lifestyle site.

Immediately the lines were drawn. Apparently those lines categorize ‘second wave feminists’ vs. the emerging ‘fourth wave feminists’. (My hair is hurting just writing this.)

Bottom line, both men and women are concerned that the momentum of #MeToo and #TimesUp will collapse with a published fictional account of workplace harassment.

It may happen, someone will fabricate, and when they do, we’ll deal with it. But we’re not there.

Again. We’re on the same side. Each of us has a role to play in this; as a leader or a participant in achieving the goals of workplace equity and safety.

This morning I viewed video and print accounts of an escalation in a divisive argument between a cable news anchor and the author of the original sexual assault story.

My question: Are we missing a mentoring moment here?

If an experienced professional in any field recognizes the potential of the office ‘newbie’, it’s their responsibility to guide, support and challenge that individual to ensure they have the resources to contribute. And when they go ‘off script’, engage in a constructive conversation.

I believe the 22 year-old online writer has received more unsolicited feedback this week than ever before in her career. Many influential ‘second wave feminists’ have been both supportive and critical. Although painful, what an amazing moment in a career when your work gets this level of attention.

How does this scenario end?

Time for the mentors to step up and for the ‘newbie’ to listen. If it were me, I would make the call and invite the new kid on the block to lunch. And if I was the newcomer, I would put on my listening ears, soak up all the wisdom of the ‘second wave feminists’ and become the best voice I could be for ‘fourth wave feminism’.

We’re on the same side. This has to end well.

The week@work: smart people, perfectionists & the future of work

Have you ever worked for a person who’s an expert in one field and automatically believes that expertise extends to all other areas of competence? You know, the person who’s constantly reminding you where they went to college?

This past week@work, the first of the new year, stories ranged from the definition of genius, to a new study on millennials and perfectionism, and an analysis of the ‘real’ future of work.

James Fallows shared his experience with ‘How Actual Smart People Talk About Themselves’. The article was inspired by a series of tweets, but the message is one all of us can translate to our behavior@work.

“Here are three traits I would report from a long trail of meeting and interviewing people who by any reckoning are very intelligent.

They all know it. A lifetime of quietly comparing their ease in handling intellectual challenges—at the chess board, in the classroom, in the debating or writing arena—with the efforts of other people gave them the message.

Virtually none of them (need to) say it.

They know what they don’t know. This to me is the most consistent marker of real intelligence. The more acute someone’s ability to perceive and assess, the more likely that person is to recognize his or her limits. These include the unevenness of any one person’s talents; the specific areas of weakness—social awkwardness, musical tin ear, being stronger with numbers than with words, or vice versa; and the incomparable vastness of what any individual person can never know. To read books seriously is to be staggered by the knowledge of how many more books will remain beyond your ken. It’s like looking up at the star-filled sky.”

“The clearest mark of intelligence, even “genius,” is awareness of one’s limits and ignorance.”

One of those ‘smart people’, who traveled across the star-filled sky, Astronaut John Young, died this past week at the age of 87.

john-young-astronaut.jpg“Mr. Young joined NASA in the early years of manned spaceflight and was still flying, at age 53, in the era of space shuttles. He was the only astronaut to fly in the Gemini, Apollo and shuttle programs. He was also chief of NASA’s astronauts office for 13 years and a leading executive at the Johnson Space Center in Houston.

When he was honored by the Smithsonian’s Air and Space Museum upon retiring from NASA in December 2004, after 42 years with the agency, Mr. Young played down his accomplishments. “Anybody could have done it,’’ he told The Orlando Sentinel. “You’ve just got to hang in there.”

I imagine being an astronaut requires a certain level of detail – being precise vs. being perfect. Kimberly Truong reports on a concerning trend for our workplace future, ‘Yes, Millennials Really Do Struggle With Perfectionism More’.

“According to a new study released in the journal Psychological Bulletin, millennials are more likely than previous generations to put pressure on ourselves — and others — to be perfect, possibly to the detriment of our mental health.

In every phase of our lives, we’re actively being encouraged and rewarded for striving towards perfection, whether that means getting high enough S.A.T. scores or racking up a certain number of Instagram likes or followers. Millennials, it seems, have more metrics to measure success — and therefore failure — than their parents.

Of course, there’s no such thing as “perfect,” which means it’s nearly impossible to strive for perfection and feel anything but disappointment and self-doubt. The question is: Can millennials step out of this vicious cycle?”

The last article of this first week of 2018 is Danny Vinik‘s analysis of ‘The Real Future of Work’.

“Over the past two decades, the U.S. labor market has undergone a quiet transformation, as companies increasingly forgo full-time employees and fill positions with independent contractors, on-call workers or temps—what economists have called “alternative work arrangements” or the “contingent workforce.” Most Americans still work in traditional jobs, but these new arrangements are growing—and the pace appears to be picking up. From 2005 to 2015, according to the best available estimate, the number of people in alternative work arrangements grew by 9 million and now represents roughly 16 percent of all U.S. workers, while the number of traditional employees declined by 400,000. A perhaps more striking way to put it is that during those 10 years, all net job growth in the American economy has been in contingent jobs.

IMG_9942.jpgThe repercussions go far beyond the wages and hours of individuals. In America, more than any other developed country, jobs are the basis for a whole suite of social guarantees meant to ensure a stable life. Workplace protections like the minimum wage and overtime, as well as key benefits like health insurance and pensions, are built on the basic assumption of a full-time job with an employer. As that relationship crumbles, millions of hardworking Americans find themselves ejected from that implicit pact. For many employees, their new status as “independent contractor” gives them no guarantee of earning the minimum wage or health insurance.”

Maybe unemployment statistics from the Labor Department aren’t the right metric to view our economy. The December report, out last Friday, showed an increase of 148,000 jobs in the final month of 2017. “Elise Gould, senior economist at the Economic Policy Institute, argues that ten years after the Great Recession, the economy has still not returned to 2007 benchmarks or the healthier levels of economic indicators in 2000.”

 

 

Photo credit: The Telegraph