From Gigs to Purpose: The Purpose Economy & Portfolio Roles

Mindsets shape our perception. – A large sign that needs to be placed in all workplaces

The changing nature of work is growing greater attention in the business press and in the strategy teams of large and small organisations.  New ways of working and new platforms of work are gaining traction and much handwringing is going on about the potential “post-job” future of work.

Many organisations see the changing nature of work as an opportunity to use transactional platforms to lower employment costs and deliver a greater flexibility of resources. They see platforms that offer a highly competitive pool of temporary and flexible labour as solely an efficiency play. Much of the investment and energy behind these platforms have been driven by the idea that they can take advantage of a struggling and transforming post-crisis global economy, digital technology and new work patterns of work to deliver real cost savings to organisations. That focus on the transactional efficiency benefits of Gig Economy reflects the prevailing mindset on the purpose of work and organisations. These organisations often can’t see that there is another way.

I was recently asked why I wanted to work in the Gig Economy. My answer was that I don’t. I work in the Purpose Economy. A traditional organisation might see an opportunity for efficiency and flexibility through a pool of transactional gig workers. I am looking for flexibility, purpose, relationships, collaboration and learning through a diverse portfolio of rewarding work.

I don’t join large scale platforms that atomise participants, commoditise work, create competitive dynamics and are designed for value capture to the platform (for more read Harold Jarche’s excellent description) . The transactional efficiency mindset of business is strong and deeply embedded. For many people, this has become the only way of business. It is all that they can see. However, there are other more purposeful, more valuable and more human ways of working. Breaking this mindset and setting out in a different pattern can be richly rewarding.

What impressed me as an adviser to Sidekicker was the team’s focus on relationships with both their workforce and their clients. They are looking for skills, talents and a better way of working with benefits to both workers and clients in areas of the market like event management staff where that is a rare mindset. The mindset of doing repeatable high quality business in a relationship for mutual gain is a valuable proposition in a world of atomised marketplaces.

I recently blogged about becoming an adviser to Peer Academy. This platform focuses on helping participants to collaborate, work and learn as peers. The learning and collaboration focus of this platform makes it a far more valuable and purposeful solution for organisations and participants.

I am a participant in Change Agents Worldwide because first and foremost it is a network about relationships, collaboration and learning. Change Agents Worldwide seeks to create value through scaling the efforts of individual Change Agents, but it recognises that it must first deliver value to the individual, cannot compete with them and must allow them to shape their participation and their work. A true network needs remarkably few rules to help individuals pursue their purpose, learn from others and to deepen relationships.

Ultimately, my work is driven by my purpose of making work more human. I write, speak, consult and coach towards this end. The portfolio nature of my work enables me a diversity of projects that contribute to this goal. My future success depends on what work I do, what relationships I build and what I learn. I have an entrepreneurial drive to improve my proposition to better fulfil my purpose. I get to build relationships that shape what I work on, what I learn and with whom I work.

A purposeful portfolio also helps diversify my risk and ensures a more consistent flow of rewards. I’ve been subject to far greater income risk and far more atomisation as an employee than I have ever experienced as an independent worker. Critically the nature and amount of those rewards remain in my control and are agreed through relationship conversations, not market place bidding, bell-curve performance processes or restructures. Not all the rewards are cash, I shape the value that I share in my work.

Before your organisation considers a new model of work for its efficiency gains, consider whether there is a wider benefit in exploring the potential of deeper relationships, richer purpose and more responsive work. Leveraging these opportunities will require you to consider many new areas of organisational work in 2017, but particularly:

  • What do you offer the purposeful worker? Is your organisational purpose clear enough to shape your work?
  • Is your employee & worker experience good enough to attract, to retain and to leverage the contributions of those working in the purpose economy? Are you treating temporary labour as an equal member of your teams or as second class citizens?
  • How does your organisation onboard, collaborate and learn at scale, especially with those who may not care for your processes or be seeking a career in your organisation?
  • Are your team structures and work processes agile enough to incorporate and benefit from the inputs of your new workforce?
  • Can your management capabilities, models, policies and systems handle the networked organisation and a purposeful workforce?

 

PS: An example of the limiting power of mindsets is that we now need to clarify the meaning of ‘gig economy’.  Language that came out of the creative professions to reflect their flexibility in pursuit of purpose becomes redefined in a corporate mindset to transactional efficiency.

Coaching Creates Time to Reflect

office-336368_1920We don’t need to be told that work is busy. Pressures are everywhere. Finish one task or one meeting and there is a good chance that the next few challenges are piled up ready to go. We rarely get the time to reflect as we power through our work, unless we allocate time or are forced into reflection by the questions of others.

Without reflection, we all struggle to focus and question our priorities, our relationships and our performance. The value of coaching is that it can create this space in our work week and help make our work far more effective. The power of questions from others is that they force us to reflect, to consider a wider perspective on our work and can break the patterns that form in our busy thinking.

Great leaders coach. They know how to ask simple questions of their teams that foster reflection on goals, priorities, alignment of work and the effectiveness of work. Creating a supportive coaching environment in a team enables people to reflect on how to improve more often and more effectively. Great leaders encourage peer coaching too.

Peer coaching is a powerful technique and one that can happen in the flow of work. Taking the time to ask each other “How did we do? What can we do better or different next time?” is all that it takes to create more reflection in our work. We don’t work alone the insights and observations of others can help us become more effective. Working out loud, purposefully sharing our work with our peers, invites our peers into our work and facilitates this reflection.

In the coaching work that I do, I find asking the simple questions clarifying goals, the situation and opportunities to do things differently creates a space for a new and powerful conversation. The time invested can have dramatic returns by clearing blockages, building new collaborative networks and focusing the effort of work. Often the improvement opportunities are obvious when someone has time to reflect on how they can do things differently.

An added benefit of the time to reflect through coaching conversations is an increase in accountability in organisations. Regular coaching conversations with a leader, a coach or peers, create personal accountability to translate improvement opportunities into action. Knowing that someone will ask “what have you done differently?” helps us reflect continuously on how well we are delivering on our plans.

Reflecting with the support of others is the heart of learning and performance improvement. How are you fostering a coaching culture to benefit your performance and the performance of the teams around you?

Simon Terry is a coach and consultant who helps individuals and organisations to make work more effective. Reach out to discuss how more coaching can foster reflection for you and your organisation. 

What is Specific. Why is General.

Many people define their career by what they do. Ask them to describe their experience and they will give you an account of years in a role in an industry. The answer will be a dry recitation of their curriculum vitae. Focusing on this list of what narrows their potential future opportunities. If we start looking to fit them to another similar role in the same industry we have narrowed the world of opportunity down significantly. Poor recruiters consider candidates against a role and industry checklist, but we all know that roles and time is a very narrow understanding of how people contribute to their organisation.

Change the question. Ask people why they enjoy their work and you will get a much richer answer. They will tell a story and their eyes light up. Perhaps the answer will be about the challenge, the learning and the problem solving.  Perhaps it will be about the ability to help others or to achieve a particular personal or strategic goal. Perhaps they enjoy their work because of others with whom they get to work.

That answer is much more powerful in helping an individual frame what opportunities are ahead. Focusing on the why increases the opportunities to contribute to that purpose beyond one role or one industry. Focusing on the why also makes it more likely that future opportunities deliver a sense of personal reward.

Roles and industries come and go. With accelerating change and disruption, we need to all be open to the adaptation that arises when you focus on why.

The Roles of External Experts

Experts are terrible at knowing what’s going to happen. One of the key role of external experts is introducing divergent opinions into a hierarchy. 

I’ve been reading Tim Hartford’s Adapt on the role of failure in success. The book begins with a review of the literature on how poor experts are at prediction. We live in a complex connected fast changing world. Experts, whether consultants, thought leaders, academics or futurists struggle to make predictions of what comes next. So if experts aren’t great at knowing what’s going to happen, why are they so popular?

External Experts are a Source of Variation

Even with the limits of their predictive power, external experts do two things well. They can supply confidence for organisations to tackle divergent ideas and they can help find divergent ideas internally in organisations and carry them around or through the hierarchy. The former occurs when senior executives hire external experts to bolster their risky decision. The latter is the source of the classic consultant joke that ‘a consultant borrows your watch to tell you the time’. 

In both cases, an external expert helps an organisation to break the patterns of its dominant thinking and explore variation with greater confidence. In an environment of rapid change the ability to experiment with variation is a key to adaptation. The expert may not be right but the learning and adaptation that results can be incredibly valuable. 

External Experts Build Capability

That learning is what differentiates great experts from the average ones. Great experts worry less about predicting what’s around the next corner. What they help organisations do is build the capabilities that have value in many scenarios in the future. 

Teaching organisations how to learn for themselves through experimentation, how to become more effective in change at scale, enabling teams to work more effectively and enabling individuals to thrive is a winning strategy in almost every scenario. Add the transfer of the way to build particular practices and expertise and you have a valuable proposition. 

Once you stop looking for experts to know everything, you can explore their potential to help your organisation to change and adapt through variation, experimentation and new capability. These roles are important new challenges for your internal experts too. 

If you’d like to chat more about how to build these capabilities and better leverage your internal experts, get in touch with Simon Terry. 

Look Beyond Yourself

Having a bad day, week or month? Look beyond yourself. The answer might just be around you. Your networks are the start of a new level of effectiveness.

Our world is so complex and connected know that nobody has all the answers themselves. You can’t expect to get from beginning to end of any meaningful challenge all on your own. Step out of seeing your challenges as a personal battle and engage with others. Work out loud and discover what your communities and networks have to offer you in your work:

  • Need to make contact with someone who can help? Ask around in your friends and colleagues and use their networks.  The right person is only a few hops away.
  • Want to learn something new? Ask others how they went about learning their way forward. Find a mentor or coach or guide.
  • Need to Solve a problem? Ask your network for help, ideas or experts
  • Want to win support for a change? Go discuss your change with those who can help you.

No challenge is too big for your network. They won’t come to you. Go take your problems out to the world and see what help you can find. At a minimum, you will find new perspectives.

In the process of finding your solutions in the networks of your life, you will discover the passion, generosity, genius and friendship that awaits.

Safety

Injustice anywhere is a threat to justice everywhere – Martin Luther King Jr

I don’t fear for safety
From the simplicity of evil
or complex works of good.

Beyond the neat edge
of my experience,
security is a privilege.

Fears that I don’t share
are still unendurable,
life-draining, life-ending.

My enclosed experience hints
at other works and wheels,
a shared system of society.

All that produces this world,
the light and dark, actors, victims
and passive accomplices.

We are interconnected –
This condition, this system,
this change is mine too.

The Three Meeting Rule

Meetings are rarely ever doing. Constraining the daily meetings forces choice and improves effectiveness.

When I started as a consultant I carried over practices from corporate life. I wanted to fill my days with meetings. I had a need to network and to build my business. I needed to tell my story and win work. I took a lot of meetings and spent days running around town.

I was soon reminded how unproductive the meeting circuit was. Taking every meeting chewed up lots of time, created lots of activity and spent energy. The commutes between meetings alone took hours. However it delivered few results.

Reflecting on my lack of productivity I implemented a daily rule of no more than 3 meetings. Limiting meetings had an immediate benefit in creating time to think, to do work and to make choices. A limit also made me much more focused on which meetings to take. I also found that many other meetings could be swapped for a quick phone call, a video chat or an exchange of information.

Any arbitrary rule should always be honoured in the breach. I occasionally take another meeting but now I do so reflecting on the value of that meeting and its cost in my time. Overall my productivity has risen as I look for other ways to get work done.

How would a limit on meetings work for you?

Breathe

Last year there were over 200 posts to this blog. I have been blogging almost daily for more than eight years now, first internally for five years at NAB and then for the last three years on this blog. I write on many of the days I don’t publish, leaving some ideas for future research and development. The near daily process of working out loud on ideas has been amazingly productive and a wonderful source of new relationships and opportunities.

Last week I needed to put together two different talks on working out loud, one for the AITD Conference and another for Intranets2016. As I sat down to work through those talks I discovered I was able to draw on a reservoir of ideas that I had thought through, blogged and turned into images. Having a ready source of my thoughts helped me to see new connections and new opportunities:

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Blogging has also become a deeply ingrained habit over time. When I began trying to blog daily I used BJ Fogg’s tiny habit approach to get me started. My blog post each day was the work I did while I drank my first coffee. I would never have forecast when I began that thinking out loud would become the way I work through so many challenges. When I have an idea or a challenge to consider my first thought is to start working through how I would blog it. Now I am much more alert each day to the insights and the opportunities. I am always looking for connections and querying how what I read relates to past and future blogposts. I have learned to be much more concise in my thinking and expression. Most importantly I have learned to let more of myself out in the process. The latter has played a key role in creating and deepening relationships.

Last week I was explaining my blogging process to a friend and I found myself saying ‘It’s just like breathing’. I surprised myself with how casually I referred to the process, but it was true. Persistent practice moved me forward to a different relationship to my working out loud. Because the habits are deeply engrained the stress and anxiety of writing slips away a little more. What is left is the joy of thinking, sharing and making new connections.

Breathe.

The Hustle

Want to do something meaningful? Meaningful is hard. It is going to take hustle.

Meaningful is Hard

There is no truer statement than “if it was easy, someone would have done it by now”. Making change that matters and doing purposeful work takes effort. The obstacles are real. They are the real work.  Do the work.  

The effort begins with understanding what impact you want to have. Then you have to understand how you can fulfil your purpose. Lastly you need to find people to work with and opportunities to tackle. Finally you get to find out whether you can make a living through working on your purpose. Some times purpose is a living but others times purpose turns out to be a hobby or a calling.

To make matters worse, you need to do all that work in the wrong order and in overlapping steps. In many cases the answers are unclear or contradictory. You do the work and you learn a little more about where you are going.  You keep doing the work and you learn even more. The work sustains you and provides momentum & networks that matter. 

The Hustle Required

There is far more hustle required than you expect. Here’s one example of the hustle required to persuade others: 2% of sales are closed in the first meeting. Yes, 98% of the pitches fail when every failed pitch feels like time to call it quits. 80% of sales are closed after more than 5 follow-up calls, when every empty call feels like time to move on. No wonder 44% of sales people give up after only one follow-up. The winners are those who hustle more and hustle longer. Remember these numbers come from enterprise sales, if your change is more unique or more unusual it could require even more hustle to find your market.  The winners in change stay in the game and they hustle.

The hustle is just working intensively on your purpose: making connections, building relationships, identifying problems and offering ways to solve them. You don’t need to use sharp practices. There are no shortcuts. They will only cut you in the end. You need to do more than “build it” and “turn up”. You need to get out into the market and challenge people to listen to your pitch. 

Hustle. Work your purpose hard. Remember to take the odd break to reflect and reset yourself for the next burst of hustle. If you work it continuously, the hustle will become the Grind.

Working out loud on Career Transition

I throw a spear into the darkness. That is intuition. Then I must send an army into the darkness to find the spear. That is intellect. – Ingmar Bergman

Working out loud on your intuitions is critical to success of career transition. So is bringing your network to bear as an army of hunters and collaborators to help make the new role a success.

A bunch of friends, collaborators, and inspirational leaders were made redundant yesterday. At the end of a day of reaching out to offer help, I came across the quote above from Ingmar Bergman and it reminded me of each of my past career transitions. Enforced change is daunting and can be a time of doubts and confusion. We can be deeply unsure of what comes next.

When career change takes us by surprise we usually never quite know what we want next. We are deep in the realm of doubts and hopes. We need to trust our intuition as a signal of personal purpose. We need to throw some experimental spears. Working out loud is a great way to test the waters, refine your hopes and draw opportunities. Throw a few spears and see what happens.

However working out loud is just the beginning. The next challenge is to send out an army to help you find the next role, project or help you start the next business. There’s too much for one individual to do alone. Networks are the most powerful way to search for, find or even create the new role. Combinations of strong and weak ties will make things happen that you could never expect. Working out loud can make the network aware. You will need to work the network ongoing with all your intellect to turn ideas into opportunities to fulfil your purpose.

My friends are well placed for success in this game. They are highly talented and know how to work like a network. They have global networks. They have authority on the difficult challenges in change and adoption in the future of work. They are trusted experts and partners. They are ideally placed to leverage the wirearchy to their next success. The opportunity now is to work out loud and connect, share, solve and innovate with those who admire them.

For all of us who are pondering our next move, how are you leveraging working out loud and calling on the power of your networks? How are you helping others find their next horizon?