I am exploring the future of work with leaders at the Innovating Georgia’s Workforce Pipeline Conference. It is a one-day conference designed to innovate Georgia’s talent development and workforce pipeline. The keynote is designed to be an an interactive session that generates innovation leaders can use. However, the future of work is a complex issue. Will we all be replaced by robots? Do older workers have a place in the workforce of the future? Should Millennials and younger generations be the focus?
I am going to add my Futurist insights and would love to hear from all of you. How do you see the future of work?
Great news! There is still time to register for the conference. Visit the Carl Vinson Institute of Government’s web site to register. It would be wonderful to meet some of you live and in-person! If you are not going to be in Georgia, then add your insights about the future of work below! I look forward to reading your ideas.
Live Your Future,
Business is in the age of the “Empowered Consumer” who has a buffet of buying choices. Empowered consumers decide how they want to purchase goods and services. Big Data [collecting information (data) from multiple sources to detect trends, identify patterns and make decisions] is one tool that can be used to develop marketing campaigns, study human behaviors and determine patterns. It is also being used to examine and redesign various areas of the consumer experience.
Entrepreneurs and leaders can use Big Data to capitalize on consumer patterns and demands while creating more customized consumer experiences. Data is collected with every click, and some metrics can be used almost immediately. In 2014, Black Friday was November 28. Data from IBM’s U.S. Retail Black Friday Report was available almost immediately and was published on December 2, 2014. According to IBM, online Black Friday sales grew by 9.5 percent from 2013 to 2014. Retail ecommerce (orders via computer) and mcommerce (orders via mobile device) are predicted to increase by double-digit margins well into 2018 (eMarketer, 2014). Data demonstrates the continued growth of the digital marketplace, and rural businesses must find ways to capitalize on these trends.
The world is fast-becoming an “Add to Cart” society for anything and everything. Individuals are creating local, national and global communities of meaning and change that are self-selected and self-formed. Many of these same individuals are transforming commerce and communities in new and innovative ways. The definition of community is not limited to a physical location. Technology, combined with the need for meaning, self-expression and self-actualization, has created an increasingly decentralized marketplace.
People are choosing how to meet virtually, and when, where and whether or not to meet face-to-face. They are also connecting around common causes. Commerce, along with so many other areas of life, is becoming increasingly decentralized. Savvy consumers seek and create value they crave to transform their lives. Technology enables the delivery of information, goods and services anytime, anywhere, and from anyone in a way that makes sense while adding value to the lives of consumers.
For example, companies like Stitch Fix (http://www.StitchFix.com) initially get to know their customers with a personal style quiz and continue to gather information about the clientele every month by sending them personalized clothing selections. Orders are delivered to clients and customers pay only for what they keep. Stitch Fix tracks the feedback on likes and dislikes after every shipment and learns how to better serve its customers with the data it continuously collects.
Consumer demands are shaping the marketplace and future trends. Empowered consumers want unique experiences that add value to their lives. Future-focused leaders and entrepreneurs who ask and answer not, “What is the lifetime value of a customer?” but rather, “What value can we add to a lifetime?” will be in a better position to compete in the increasingly decentralized marketplace.
Coaching Tips for Female Entrepreneurs and Leaders:
- Connect and work together online and offline. Build your support network to generate ideas and get help growing your business. The most successful entrepreneurs and leaders help one another. I see this all of the time with authors too! They promote one another while helping each other grow their businesses and ideas.
- Get rid of assumptions and use data to make decisions. Take a few ideas from places having success in the marketplace, such as Stitch Fix.
Future-Focused Entrepreneurs and Leaders:
Take Action with Cooperation, Creativity and Purpose
Interestingly enough, the hottest jobs at Facebook require a “human touch.” Why? Facebook is looking for people who can close sales because its revenue relies heavily on ads (Anders, 2014). Perhaps the most future-focused entrepreneurial leaders are blending “high human touch” with “high-tech” in new and interesting ways that holistically add value to the lives of others.
Future-focused, entrepreneurial leaders can use megatrends and technology to change the game of life. One person cannot do it alone in a world that continues to change at an increasingly rapid pace; rather, rural entrepreneurs should innovate in communities with a spirit of cooperation, creativity, and purpose. Together, with a common purpose, female entrepreneurs and leaders can examine megatrends, utilize emerging technologies, and monitor analytics while creating meaningful experiences and innovating rural businesses in ways not yet imagined.
Go Wild with the Decentralized Global Marketplace! Watch the video below for more details on how you can innovate your companies and communities with cooperation, creating and purpose!
PS: Share your thoughts, ideas and actions with the Ask Dr. Connie community. We would love to hear from you!
This is AWESOME!!
I received the press release for the InnovateHER: 2015 Innovating for Women Business Challenge in Lincoln, NE on March 26 and had to share it with all of you.
Go Wild with Your Creativity and Ideas, Support Women and Go For It!
Be You & Do Something Cool!
OMAHA–The U.S. Small Business Administration’s Nebraska District Office invites entrepreneurs with an idea or product to improve the lives of women and families to compete in Lincoln at the InnovateHER: 2015 Innovating for Women Business Challenge.
The challenge is scheduled for March 26 starting at 11 a.m. at the Southeast Community College Entrepreneurship Center, 285 South 68th Street, Suite 214, Lincoln.
During the competition in Lincoln, contestants will offer a business plan pitch explaining their product or idea. The winner will be eligible to contend for one of the final ten national slots and a chance to win a cash prize in Washington, D.C. during National Small Business Week May 4-8.
The SBA wants to unleash the entrepreneurial spirit of America’s women and men by providing needed resources and technical assistance to business owners and innovators.
InnovateHER: 2015 Innovating for Women Business Challenge is an engaging women business challenge in which the SBA will facilitate unearthing and empowering entrepreneurs.
The competition in Lincoln is open to entrepreneurs throughout Nebraska, both women and men, who are developing products or services that have a measurable positive impact on the lives of women and families, has the potential for commercialization, and fills a need in the marketplace. As demands on women and families grow in our society, the need for products, services, and technology addressing those needs increases.
For more information and for a complete list of rules and a formal application, please call Elizabeth Yearwood, Economic Development Specialist at the SBA, at (402) 221-7200 or email Elizabeth.firstname.lastname@example.org. Applications must be completed and submitted no later than 4 p.m. March 16 to be eligible for the challenge in Lincoln March 26.
For more information regarding SBA, please visit our website at: http://www.sba.gov/ne.
Status Update: I will be on from 3:30 PM to 4:30 PM today, and Clint will be taking callers!
In addition to the topics I listed in the original blog post below, we will be discussing the 3 Mega-Trends I recently wrote about and presented on: 1) The Rise of the #GigEconomy, 2) Living with Purpose and Meaning and the 3) Decentralized Global Marketplace.
Plan on calling in with your questions!
Looking forward to hearing from you all!
I am counting down the hours to my interview with Clint Bellows this afternoon on 1110 KFAB (www.kfab.com). I will be in the studio at 2:30 PM.
Our conversation will focus on creating your desired future in the current economy. We will touch on the power of your beliefs and talk about how your brain impacts finances, the future and of course fun!
Let me know if you have any questions you want me to answer on the air. Clint talked about taking live calls. I would love to hear from you if he opens the phone lines!
Memorial Weekend is a great opportunity to remember and celebrate those who have gone before us. Their lives and experiences have helped shape the world. I think of my own Mom who raised six kids and always reminded us to cherish and protect our freedom. She loved her country and taught all of us to do the same. I miss hearing her talk about the importance of living in a free country. I now enjoy sharing her words of wisdom with my own children.
Mom’s Advice: Have confidence and take inspired action. Remember those you have lost and take time to give back to those who have served and their families. Give the military families and veterans in your life a token of your appreciation. Both big and small gestures go a long way. Get creative and do something you think they would appreciate. Be You & Do Something Cool this weekend!
Also, really think about the fact that you are responsible for your actions and have the freedom to create your own destiny. My parting words for today are a quote from Inez Milholland, a Suffragist in 1909:
“I am prepared to sacrifice every so-called privilege I possess in order to have a few rights.”
A big thank you to all who have served and all those still serving as well as their families. We owe you all a great debt of gratitude.
My book, Go Wild with Confidence!, is on sale through Memorial Weekend as a token of my appreciation to freedom. I want to do all I can to help others go wild and support their dreams! Go Wild with Confidence! is available on Amazon in either paperback or Kindle by going to: http://amzn.com/1467949329
PS: I am exercising my freedom and working on my next book, so please give me your feedback via AskDrConnie.com or through an Amazon review. I would love to hear from you! Listening to my readers is a great way for me to learn and serve others better!
Go Wild & Take Advantage of Your Gift of Freedom!
Interestingly enough, the hottest jobs at Facebook require a “human touch.” Why? They are looking for people who can close sales because their revenue relies heavily on ads (Anders, 2014). Perhaps the most future-focused distance learning administrators should consider blending “high-human touch” with “high-tech” in new and interesting ways that holistically add value to the lives of learners.
Future-focused leaders in distance learning are using technology to change the game of education and life. One person cannot do it alone in a world that continues to change at an increasingly rapid pace; rather, distance administrators should innovate in teams with a spirit of cooperation and creativity. Together, with a common purpose, distance leaders can examine megatrends, utilize emerging technologies, develop content, streamline design and monitor analytics while creating meaningful educational experiences and innovating the world of distance education in ways not yet imagined.
Thanks for following and celebrating this blog series focused on the future-focused leadership in distance learning. Keep those ideas and trends coming!
Go Wild with the Future of Learning!
The manuscript, Future-Focused Leadership: Three Mega-Trends Influencing Distance Learning (including references used in this blog series), can be downloaded online by visiting the Kimmel Education and Research Center’s Digital Commons site: http://digitalcommons.unl.edu/kimmelfacpub/24
Distance learning is in the age of the “Empowered Consumer-Learner” who has a buffet of educational choices. The empowered consumer-learner decides what educational experiences and knowledge they need, when they need it and how they want to experience it. The wide-array of non-credit and for credit choices makes for a very competitive marketplace but also a field of new opportunities.
Venture capitalists continue to invest in distance education because of the return on investment potential. Big Data is being used to develop marketing campaigns, study human behaviors and determine patterns. It is also being used to examine various areas of teaching and learning. Data can help create bite-sized, customized courses and programs that are both personalized and interactive (Koller, 2012). Technology enables the delivery of information and education anytime, anywhere and from anyone in a way that makes sense to the learner while adding value to their lives.
It’s no longer necessary for people to enroll in college, formal classes or workshops to learn. They are learning what they want to know from their networks and resources they find on the Web, through Apps or in iTunes. People will increasingly be able to create and print their ideas from wherever they choose with 3D printing. Technology, combined with the continued growth of self-expression and meaning, will continue to change education at a rapid pace.
Value is becoming less about college credit and more about meaningful outcomes and self-expression through enhanced skills and evolving abilities. The world is fast-becoming an “Add to Cart” society for anything and everything, including educational experiences. Individuals are creating local, national and global communities of meaning and change that are self-selected and self-formed. Many of these same individuals are transforming distance learning in new and innovative ways. Technology, combined with the need for meaning, self-expression and self-actualization, has created an increasingly decentralized marketplace.
People are choosing how to meet virtually, when, where and whether-or-not to meet face-to-face and connecting over common causes. Education, along with so many other areas of life, is becoming increasingly decentralized. Savvy consumers seek and create the value they crave to transform their lives. They are choosing whether or not they want a badge, certificate, credit hour or degree, and their demands are shaping the marketplace and future trends. The Empowered Consumer-Learner wants a unique experience that adds value to their life. Future-focused leaders who ask and answer not, “What is the lifetime value of a customer?” but rather, “What value can we add to a lifetime?” will be in a better position to compete in the increasingly decentralized marketplace.
The rise of the entrepreneurial individual, and what is currently referred to as the Gig Economy, will create new challenges and opportunities for distance learning administrators. How can institutions of education help learners create value for traditional employers and for their individual brands? If not as many people are investing in education to land a full-time job, what does this mean for higher education?
An emerging trend, the rise of global joblessness (International Labour Office, 2014), is supporting the growth of the Gig Economy while creating a need for the marketing of talents and skills in new and meaningful ways. The number of large employers is predicted to shrink in the future causing people to find new and inventive ways to make a living. The ability to sell, purchase and promote goods and services as well as individual brands on the Web has created a need for education to add value to the lives of learners in innovative ways. People are increasingly defining success for themselves, which does not always include a college degree and a 9-5 job. In many ways, it is now much cooler to be a successful start-up entrepreneur, famous blogger or YouTube sensation than a person working in a full-time job.
One common denominator will remain the same: People need to be found on the already crowded World Wide Web. They have to build their brands and levels of influence to strengthen both credibility and success. Educational institutions should keep a close eye on the rise of businesses like Fiverr.com and the use of Twesumes (Twitter + Resume = Twesume = a resume in 140 characters or less) to land jobs or gigs (thus, the #GigEconomy).
Leaders should also consider building their brands, as well as those of students, faculty and alumni. The rise of social networks and technology has enabled people to both learn and teach at anytime from any place. These same tools have helped people create their own businesses and design their lives in ways that best suit them, which supports the Living with Purpose and Meaning megatrend. Life purpose is shaping everything from healthcare to education.
My most recent paper, Future-Focused Leadership: Three Mega-Trends Influencing Distance Learning, will be published in the conference proceedings of the 2014 Distance Learning Administration Conference (Woo Hoo!). I am also preparing a keynote for the North Central Leadership Conference (to be held in Omaha, NE next month).
Both the paper and the keynote will focus on the future, so I am going to publish a series of blog posts on a few mega trends shaping distance learning. Examining diverse insights is one of the best ways to study trends. Feel free to chime in with your thoughts, ideas and future thinking! I would love to hear from you!
Go Wild with the Future!
Now (drum roll please), for the first entry on Future-Focused Leadership: Three Mega-Trends Influencing Distance Learning
While many continue to question the skyrocketing costs and value of a college education, future-focused leaders are recreating learning experiences by blending technology with the human experience. What does the future of distance learning look like, taste like and feel like? It can be difficult to predict the future of education as the world continues to evolve at an increasingly rapid pace; however, distance learning administrators can use a future-focused leadership approach, which includes examining megatrends, to plan for the future. Megatrends are global shifts that influence society, the economy and the environment. This series of blog posts will touch on three megatrends shaping the future of distance learning: 1) The Rise of the #GigEconomy, 2) Living with Purpose and Meaning and 3) The Decentralized Marketplace.