Hot Spots Newsletter: how is your workplace viewed by Gen Y?
Thank you to everybody who has submitted ideas and comments – it adds a different dimension to the Newsletter! Please keep them coming to Tina.
Have you signed up to the Hot Spots Movement Facebook page? You can also find us at the Future of Work blog and we're also on Linked In. Lynda also has a Twitter feed and you can follow it here.
The Gen Y perspective on India and Singapore
One of our young team members, Greg Ohannessian, joined the team on a trip to India and Singapore recently. We were keen to hear how he experienced travelling to such faraway places and how he sees their global role and potential.
You can read Greg's thoughts here.
What does Gen Y think in your workplace?
Greg's view of his travels with the team made us think: does Gen Y think differently inside the workplace and, if so, how differently? Do they have hope for their working lives, or are they concerned? (You'll notice we tend to get reflective over the summer months, and use the warm weather to exercise our thought processes).
So, over the next couple of weeks, ask your newest employees – or even interns and work experience students:
- do they feel optimistic about their job future?
- do they want to work for big business or small businesses, or work for themselves?
- do they feel engaged in the workplace?
- do they feel loyal to the organisation, or to their team, or to their manager?
This is a particularly pertinent time for us to be looking at the differences between the generations: Intergenerational Cohesion is one of the four topic pillars of Phase 3 of the Future of Work Research Consortium. Lynda wrote a column in the Financial Times this week on how students we have surveyed for FOW feel about their futures and whether education prepares students for the corporate world. You can read the column here.
We would be interested to hear how you get on when quizzing your younger colleagues and whether their responses match our student responses, so email Tina with their answers.
Lynda joins judging panel for awards to recognise management innovation
The Harvard Business Review and McKinsey & Company have announced the first annual M-Prize for Management Innovation. Joining Lynda on the judging panel for this exciting new initiative are: Gary Hamel and authors Clay Shirky and Umair Haque as well as executives from McKinsey, O'Reilly Media, Gartner Group and others.
The M-Prize has three phases. The first is the Management 2.0 Challenge, looking for progressive practices and disruptive ideas, with a deadline of July 18. The two remaining phases will unfold over the course of a year.
To read more, click here.
What are the three big mistakes you may be making right now?
Are you reading this newsletter at work? In which case, you may be making one of three big mistakes at work – relying on technology to guide your career. Yes, this seems like a contradiction in terms, but our online activity and networks can be both a help and a hindrance. Read Lynda's piece for Forbes here and see how many of the mistakes you've made this week!
Women in the workplace: will Lagarde appointment signal change?
With the appointment of former French Finance Minister Christine Lagarde as the new head of the IMF, she became the first woman head of the institution since it was created in 1944. Should this be seen as a changing of attitudes, or just a question of the right "man" for the job?
It seems like a good opportunity to revisit Lynda's blog post, When Women Rule The World. Let's see if we still think the same in a year's time…
Conversations on LinkedIn
Are you connected to the Future of Work and Hot Spots groups on Linked In? There have been some fascinating discussions going on in the group (you have to sign up to view) including on whether Baby Boomer leaders need to embrace social networking technology to avoid a disconnect with the future workforce. If you aren't a member, join up here.
Lynda appointed chair of World Economic Forum's Council for Leadership
The WEF approached Lynda to chair this exciting council, which will be formed around really interesting people from their four stakeholder groups: civil society; academics; sports and the arts; and spiritual leaders. The group meets virtually through the next few months before a group meeting in October. We look forward to hearing some of the discussion themes from Lynda!
Leadership is another of the four key themes for Phase 3 of The Future of Work Research Consortium – it really seems that the themes we have selected are truly the ones executives are grappling with at present. Interested in joining FOW3? Let us know by contacting Tina or Greg.
Lynda was interviewed by the Globe and Mail, and you can watch the video here. We thoroughly recommend you also look at some of the other videos on the page as they provide really interesting corporate insights.
We have already got 18 organisations signed up for FOW3 which starts in October, but there are still a few more spaces. Participant companies so far are: Abbott; Aria; BT Global Services; Cisco; Fujitsu; IATA; John Lewis; KCOM Group PLC; Mahindra & Mahindra; Manpower; People in Aid; Pepsico; PWC; RBS; Save The Children; Shell; Standard Chartered; Tata Consultancy Services; and Tiaa Cref.
The four key themes for the consortium are: Technology Advance; Complex Collaboration; Future Leaders; and Generational Cohesion. We are really excited to be adding a new element to the six-month programme – jams. These are topical sessions, revolving around real-time collaborative online conversations.
If you would like to read more about what is involved in become a member of FOW3, just click here for a summary.
Lynda's new book The Shift was reviewed by Management Today, and you can read the review here.
Meanwhile, she was quoted in a really interesting article in the Guardian newspaper in the UK on the work/life balance. Did you know 5.26 million Britons work an average of 7.2 hours of unpaid overtime per week?
Who's in our network?
One of the most interesting men in business is Sir Martin Sorrell, CEO of marketing and advertising giant, the WPP Group. He and Lynda caught up at a London Business School event recently and compared notes on the Future of Work – with both agreeing that Asian countries tend to be more focused on the long-term because they have an upbeat future. Sir Martin went on to say: "People think long-tern in BRICs and Next 11 (not just Asia) because they're growing and smile."
He answers six questions for AdWeek here and is dubbed King of the Mad Men in an Economist feature here.
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