We often hear about the virtue of agility as both a requirement to achieve business success and as a needed worker trait when navigating a career during a time of flux. Knowing how to advantageously manage change is considered smart and profitable. Many however, may wonder how exactly agility is to be practiced. Is it just a matter of adopting a new mindset or are there specific actions that need to be taken? What follows are my thoughts on agility in the context of career development for the individual worker.
Yes, mentally shifting away from habitual rigidity and unchallenged assumptions is a good place to start. It can help to adopt a heuristic such as the SMART goals model to guide and gauge your agility practice. To review, SMART is an acronym for change actions that are specific, measurable, achievable, relevant, and time bound. Bringing order and a degree of simplification to the decision-making process will improve your ability to adapt.
Beyond these beginning measures it is advisable to be aware of market, industry, and professional trends which will impact your career. These trends will be relatively temporal, so tuning in regularly to the twists and turns of work-related currents is an approach best integrated into your professional practice. To illustrate, let us examine some general contemporary proclivities in the 2024 world of work worthy of consideration when career planning.
The old career rules or conventions are changing. It has been old news for a while that rarely do workers spend their entire careers with a single employer anymore like the Boomers did. But the change does not stop there. The combination of advanced communications and analytic technology combined with a shifting ethic regarding work/life balance has disrupted the traditional relationship between employer and employee. In short, valued talent has a leg up on demanding concessions from employers yearning to keep them in-house for as long as possible.
For example, management has been getting the message that the cost burden placed on employees to work is increasingly being viewed as unacceptable. Traditionally, it has always been the responsibility of workers to absorb certain costs to remain employed, such as commuting, child care, and housing expenses. One of the consequences of the pandemic has been for workers to realize that these costs are a liability not sufficiently covered by the compensation they receive. A corresponding recognition is that productivity for many positions does not diminish when work is performed remotely.
With return to work mandates seen increasingly as an expensive and unnecessary encumbrance on employees, management is beginning to offer cost offsets such as housing subsidies, caregiver benefits, student loan assistance, and even financial literacy programs. The hope is that such initiatives will retain high quality employees.
Some employers are also becoming more agreeable to flex time arrangements. Taking extended work breaks for family reasons, delaying retirement, returning from retirement, working part time temporarily, job sharing, and other individualized deals are becoming more common. In general, management sees the need to make it simpler and more desirable for talent to stay or return from leaves.
Another trend which we have heard a lot about over the past year and a half is the onset of Artificial Intelligence and how it will both improve and devastate our jobs. AI will undoubtedly change the employment landscape in ways that practically scream for workers to be agile. I think it is safe to say that job refashioning will be a multi-year trend that is underway as we speak due to AI. One consultant who is an expert on future of work issues predicts that AI will intervene in up to 70% of text and data-laden jobs by 2025, which is up from under 10% in 2023.
Anticipating and preparing for AI’s influence in your profession would seem to be the understatement of the year. As companies and individual contributors figure our how to best leverage AI’s potential while mitigating its downsides, all of us need to find that career sweet spot between over-hyping AI’s consequences and ignoring its likely effects.
Hopefully, this gives you some practical ideas to contemplate when making career plans for an unpredictable future. Workforce disruption is likely to be significant in the near term. Exercising agility is a key component of what should be your preparedness regimen.
