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- +2011 (30)
2012 Outlook on the New World of Work
Job creation will be the central issue of 2012 and the upcoming presidential election. But like a lot of political issues, the facts lie far below the headlines and rhetoric. Overall, unemployment is unacceptably high, but different groups or classes of workers are faring differently.
Solving the Skills Mismatch
In contrast to the highly publicized 8.5 percent U.S. unemployment figure, the unemployment rate for “management, professional, and related occupations” is just 4.4 percent. It’s no wonder many hiring managers can’t fill higher-level, strategic, management and technology positions. The data suggests there aren’t enough applicants eligible, available or willing to fill those jobs.
CEO John Kunzweiler interviewed on KLIV radio
M Squared Consulting CEO John Kunzweiler was the featured in-studio guest on January 24th on “The CEO Show” on KLIV radio (1590AM), Silicon Valley’s only all-news radio station. Guest Host and Silicon Valley Leadership Group Senior Vice President Dennis Cima interviewed Kunzweiler on topics such as the emergence of the flexible workforce, the labor market’s skills mismatch, and other vital issues facing Bay Area companies. To hear a replay of this fascinating interview, visit http://kliv.com/The-CEO-Show/1191414
Jan. 20th Snapshot: The New World of Work
As we gear up for a new year of opportunities, we continue to keep an eye on the ever-evolving workforce – especially as it relates to the flexible workforce and the “new world of work.” We are always on the lookout for current news stories, interesting tidbits and thoughtful commentary to pass along to you.
This week, we feature:
- A timely story by Staffing Industry Analysts that highlights compelling survey results released earlier by M Squared Consulting
- A positive article in the San Francisco Business Times that includes feedback from recently surveyed Bay Area CEOs and executives who are optimistic about the economy as we head into 2012
Is the Tech Boom For Real?
New statistics indicate that the job market is looking up in Silicon Valley. This week the U.S. Bureau of Labor Statistics reported the pace of job growth in the South Bay was almost double that of California and nearly triple the nationwide rate. It expanded by 3.2 percent during the 12 months ending in October, the highest metro rate in the nation.
This front-runner status has some wondering if we’re witnessing the advent of another “tech bubble” akin to the dotcom debacle of the past decade. Stephen Levy, director of the Palo Alto-based Center for Continuing Study of the California Economy, says no, noting that that sector leaders such as Google, Apple and Facebook have real sales and real product plans.
2012 Outlook on the New World of Work
Job creation will be the central issue of 2012 and the upcoming presidential election. But like a lot of political issues, the facts lie far below the headlines and rhetoric. Overall, unemployment is unacceptably high, but different groups or classes of workers are faring differently.
Solving the Skills Mismatch
In contrast to the highly publicized 9.0 percent U.S. unemployment figure, the unemployment rate for “management, professional, and related occupations” is just 4.4 percent. It’s no wonder many hiring managers can’t fill higher-level, strategic, management and technology positions. The data suggests there aren’t enough applicants eligible, available or willing to fill those jobs.
Nov. 11th Snapshot: The New World of Work
In a continuing effort to keep an eye on the ever-evolving workforce — especially as it relates to the flexible workforce and the “new world of work” — we are always on the lookout for current news stories, interesting tidbits and thoughtful commentary.
This week, we feature:
- An interesting Q&A from Forbes.com with the author of a new book that explores today’s changing workforce and the “new world of work”
- A holiday hiring preview from the International Business Times
- Info on a free webinar being offered by Staffing Industry Analysts about regulatory changes important for companies using a contingent workforce strategy
Nov. 9th CEO Corner: Focusing on the Wrong Problem?
It was reported last week that the U.S. economy added 80,000 jobs in October and the nation’s unemployment rate edged down slightly to 9%. After the announcement TV commentators debated whether this was truly good news.
But if you look beyond the headlines, the Bureau of Labor Statistics also reported that the unemployment rate was just 4.4% for “management, professional, and related occupations”. That’s a figure that most economists would consider “full employment.” In the high technology sector, for example, there are thousands of job vacancies at many companies but the problem is finding individuals with the proper skills to fill the openings.
Oct. 28th Snapshot: The New World of Work
In a continuing effort to keep an eye on the ever-evolving workforce — especially as it relates to the flexible workforce and the “new world of work” — we are always on the lookout for current news stories, interesting tidbits and thoughtful commentary.
This week, we feature:
- An insightful perspective on the jobs/talent mismatch happening in Silicon Valley and across the country
- An interesting online article about how the contingent workforce can help infuse diversity in the workforce
- A thought-provoking article and author Q&A session that is part of an ongoing series “Inside the Shadow Economy” that explores all levels of the emerging informal economy and jobs that are “off the books.”
Sept. 30th Snapshot: The New World of Work
In a continuing effort to keep an eye on the ever-evolving workforce — especially as it relates to the flexible workforce and the “new world of work” — we are always on the lookout for current news stories, interesting tidbits and thoughtful commentary.
This week, we feature:
- A helpful Q&A with a leading brand expert about protecting your brand (or culture) when utilizing a contingent workforce
- A comprehensive economic commentary that puts today’s jobless recovery in perspective
- An intriguing PBS NewsHour report ponders questions such as “Does the U.S Need Full Employment?” and more.
The New Innovators
Today’s economy has everyone in a pinch. Companies need to adapt to a tough business climate and fresh regulatory demands, and executives find themselves scrambling for resources to support new initiatives. Hiring is scant, managers are asked to do more with less, and the sputtering recovery remains largely jobless.
This shift has resulted in an evolutionary turn to the flexible workforce, from simply being a cost-effective stop-gap resource to becoming a widely-used source of strategic expertise for large enterprises. No longer on the margins or administrative in nature, the Aberdeen Group reports that nearly 20% of the average company’s workforce is considered contingent labor, and the majority of these flexible workers are white-collar professionals (according to Staffing Industry Analysts).
Thus, the flexible workforce is a perfect fit for high-value professionals who often have 10 or more years of consulting experience in a particular field. It provides them with an opportunity to continually grow and share their expertise through a wide range of experiences and peer-to-peer sharing. According to the Staffing Industry Analysts, in the next decade more than two-thirds of the flexible workforce will be comprised of these highly experienced, upper–echelon independent professionals.
Creativity Boost
Studies have shown that innovation is highest in groups that are created organically around a challenge. Yet organizations typically aren’t very good at creating and sustaining organic groups. By definition, established organizations are supposed to be established and organized. Try as they might, any new groups created from within are born with the organization’s DNA, and even the most innovative employees bring an automatic bias to a task.
True innovation needs to start with a clean slate. It needs to be unencumbered by the “way we’ve always done it” thought process. And it needs to plow new ground and combine varied insights from a wide range of experiences.
As the economy continues to gain steam, more companies will look to the high-end of the flexible workforce as their bridge to better times. Increasingly, that bridge will lead them to growth through innovation.




