Business is in Flux
The February issue of Fast Company had an interesting article about how the long career is dead. A U.S. workers median tenure in their current job these days is only 4.4 years . In 1980 51% of men 35-64 had been in their job more than 10 years. In 2005 it was only 39%.
Chaotic disruption is rampant, we are under constant pressure to learn new things. It can be daunting, it can be exhilarating. As my infograph indicates, businesses will rise and fall faster than ever.
The article suggests that the quest for solid rules is pointless. Anything settled is vulnerable. Technology focuses on disruption. I’m not saying this is good, but just a brutal fact.
Nostalgia is a natural human emotion, a survival mechanism that pushes people to avoid risk by applying what we’ve learned and relying on what’s worked before. That’s not too useful right now.
And besides, many members of the American workforce are not pinning for a return of the long job. The article suggest that established business models or the good old corporate ladder aren’t going to point the way like they used to. Source material: Fast Company