- 25 Mar 2020
- Managing the Future of Work
Data-centric business: Inside the artificial intelligence factory
Artificial intelligence seems to have repealed the laws of business physics, allowing “digital native” companies to grow at the stroke of a key and cross traditional market boundaries unimpeded. In their new book, Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World, HBS professors Marco Iansiti and Karim Lakhani show the inner workings of the “AI factory.” Traditional businesses can’t bolt on AI and analytics and expect to compete. Marco explains how firms can adapt and discusses the implications for workers and public policy.
- 11 Mar 2020
- Managing the Future of Work
Jobcase: Shared opportunities, collective voice
Fred Goff wants to tap the Web’s scale and connectivity to rebalance capitalism for the benefit of workers. The former hedge fund manager launched Jobcase, a workforce platform and online labor organization, in 2015. It’s a job search site, a clearinghouse for qualifications, and a support network for its 100 million members, most of whom lack a four-year degree. The AI-augmented community wields significant consumer- and investor influence. Fred shares his views on degree inflation, the skills gap, and the need for greater diversity in the workforce.
- 26 Feb 2020
- Managing the Future of Work
Richard Florida: the creative class in the age of the superstar city
Nearly twenty years ago, Richard Florida famously identified the “creative class,” an amalgamation of knowledge workers and those in the arts, culture, and design fields. He established creativity as a basic economic force. Amid increasing inequality and unstable work arrangements, diminished techno-optimism, and the rise of global innovation hubs, he is still bullish on America’s capacity for invention. Florida argues for place-based economic development and skills-building up and down the socioeconomic ladder.
- 12 Feb 2020
- Managing the Future of Work
The Purple Campaign and Vault: Taking on workplace sexual harassment post-#MeToo
Workplace sexual harassment can derail careers, depress morale, and decrease productivity. The #MeToo movement focused attention on the issue, but left companies to figure out how to address this common and underreported problem. Harvard Law grad Ally Coll and tech entrepreneur Neta Meidav are working to change the culture around harassment. Coll is cofounder and President of the Purple Campaign, a nonprofit focused on business practice and public policy that is piloting a corporate certification program with the likes of Uber, Airbnb, Expedia, and Amazon. Meidav is cofounder of startup Vault Platform, whose application makes it easier to report and track harassment. They discuss the broader cultural and legal context and what leadership can do to promote safety and fairness in traditional and nontraditional workplaces.
- 29 Jan 2020
- Managing the Future of Work
Beyond tax breaks and subsidies: Virginia’s Amazon gambit
HBS alum Stephen Moret led Virginia’s winning proposal for Amazon’s 2019 HQ2 expansion. A crucial factor in the Commonwealth’s success was its billion-dollar commitment to developing talent, particularly in computer science and engineering. In beating out states that pledged vastly greater subsidies to the retail giant, Virginia validated the view that targeted investments in workforce development can spur economic development. Moret draws on his experience in Virginia and Louisiana, and his doctoral research on higher education to explain how public and private sectors can boost growth and improve worker prospects. He also sheds light on the role post-secondary studies play in determining the arc of graduates’ career opportunities.
- 22 Jan 2020
- Managing the Future of Work
From opt-in to check-out: How digital platforms are transforming retail
Dan O’Connor, retail expert and executive-in-residence with the HBS Managing the Future of Work project, traces the evolution of retail from the corner store through big-box, e-commerce, and the emergence of omni-faceted digital platforms. What are the implications for employers and employees throughout the sector? Retail accounts for more than 5 percent of US gross domestic product (GDP) and employs more than any other industry, roughly 16 million workers, or one in ten. Globally, the emergence of mega-platforms like Amazon and Alibaba, with their consolidated supply chains and mountains of customer data, is forcing the industry to adopt leaner and more responsive operating models while the workforce comes to terms with automation and other advances.
- 08 Jan 2020
- Managing the Future of Work
Unpacking Amazon’s workforce development strategy
Amazon in the summer of 2019 announced a sweeping five-year plan to bolster the skills of a third of its US workforce—close to 100,000 worker-learners. The plan includes apprenticeships, partnerships with local community colleges, and internal programs. As Amazon’s Vice President of Workforce Development, Ardine Williams, notes, the initiative isn’t philanthropy. She argues that Amazon’s investment in training workers—even if some ultimately leave for higher-paying jobs—makes good business sense.
- 18 Dec 2019
- Managing the Future of Work
Crisis reporting from the front lines of technology and employment
Art Bilger is sounding the alarm over systemic trends in the world of work—the mismatch of labor force skills and job requirements; automation; underemployment and structural unemployment. The Wall Street veteran, whose CV includes successes in media and high-tech, founded nonprofit media production company WorkingNation in 2016 to bring attention to these sweeping and rapid changes, which he warns could lead to economic and societal crises. Through news coverage, short documentaries, a podcast, and town hall-style events, WorkingNation focuses on individuals and groups whose stories underscore the difficulties and illustrate solutions.
- 11 Dec 2019
- Managing the Future of Work
How AI shifts enterprise decision-making into self-driving mode
For decades, enterprise systems vendors have promised legacy businesses virtual omniscience—decision-making informed by real-time, comprehensive views of their organizations’ activities and relevant external factors. This holy grail has eluded large established organizations, with their complex agglomerations of systems. Silicon Valley software developer Aera Technology touts an AI-assisted upgrade, tapping disparate systems and data flows to provide comprehensible and timely recommendations and automated decision-making. President and CEO, Fred Laluyaux, explains how advances in computing power coupled with vast stores of data are ushering in a new mode of operations, with computers handling more routine analysis and decision-making. This, in turn, is accelerating the automation of previously “safe” knowledge work. Laluyaux discusses the benefits and the organizational changes and challenges.
- 04 Dec 2019
- Managing the Future of Work
Prudential’s long position on skills: fostering careers while embracing automation
Financial Services giant Prudential is pursuing a hybrid workforce strategy. It’s all-in on automation for underwriting and other data-intensive, but routine, tasks. And it looks to the labor market for certain in-demand skills. But, according to vice chairman Robert Falzon, the New Jersey-based multinational is committed to cultivating the capabilities of its 50,000 employees. Many of its workers are also its financial services customers. This, along with low unemployment in the industry, helps explain why Prudential is working to develop its internal market for skills, identifying both supply (workers) and demand (jobs) in terms of competencies, expertise, and attributes, rather than experience and general categories. Falzon explains how this symbiotic approach leads the company to pursue efficiencies as it also looks to foster the careers of its home-grown talent.
- 27 Nov 2019
- Managing the Future of Work
Rebooting the apprenticeship for tech jobs
The Washington Technology Industry Association’s Apprenti apprenticeship program is a creature of the Seattle tech industry. But since its 2015 founding, it has become a national player in the workforce development market. As a partner in the federal government’s push to extend apprenticeships beyond construction and the trades, Apprenti is addressing the skills gap while diversifying the tech workforce. Executive Director Jennifer Carlson discusses how Apprenti connects employers with promising candidates, many of whom lack 4-year degrees, and helps them navigate the complexities of federal and state systems.
- 20 Nov 2019
- Managing the Future of Work
Factories without walls: How Autodesk is redesigning the work of architecture, construction, and manufacturing
Computer-aided design pioneer, Autodesk, is tightening the integration of design and production in everything from architecture to movies. This simple concept has far-reaching implications for the nature of work. Jobs, supply chains, and industries are set to become more transparent, automated, and interconnected. Construction is on the verge of becoming more like manufacturing, thanks to machine learning and cloud-based automation and control. Manufacturing is becoming more automated and customized. Training will become a continuous function of many jobs. CEO Andrew Anagnost is collaborating with Autodesk customers and workers to speed the process and seeking ways to mitigate the disruptive effects. He joins us to discuss these changes and how to address the skills gap in tech, construction and manufacturing.
- 06 Nov 2019
- Managing the Future of Work
Werk-ing the angles: how mapping work to real life can boost productivity
Werk Enterprises uses surveys and data analytics to help organize work through a set of predefined, flexible arrangements, rather than the traditional 9-to-5 in the office. This HR version of mass customization can recalibrate the relationship between employers and employees to better match the needs of both. HBS alumna Anna Auerbach and her cofounder, Annie Dean, were initially motivated by the challenges facing professional women, whose careers have often suffered due to the conflicting demands of work and life. Werk touts hard numbers – in employee retention, net promoter scores, and productivity -- to make the business case for carefully tailored flexibility across the board, in contrast to the chaotic approach blamed for recent high profile pullbacks.
- 30 Oct 2019
- Managing the Future of Work
How global trade and AI are resetting the terms of white-collar work
International trade expert and former presidential advisor, Richard Baldwin, discusses his latest book, The Globotics Upheaval: Globalization, Robotics, and the Future of Work. He argues that the speed and sweep of economic and social changes resulting from global connectivity and AI could provoke widespread dissatisfaction. These factors are already influencing white-collar, middle-class employment. Work that can be automated or done remotely offers employers huge potential savings. Jobs that require onsite collaboration and interpersonal skills look less vulnerable.
- 23 Oct 2019
- Managing the Future of Work
Aspen’s playbook for linking talent ecosystems and the jobs environment
The Aspen Institute has spent the past decade deconstructing how top US post-secondary schools bolster their diverse students’ work and life prospects. The nonprofit recently released its Workforce Playbook, which distills the best practices of leading community colleges and lays out the challenges they face. This work-based learning curriculum writ large informs college administrators, business leaders, and policy makers as they look for innovative ways to cultivate community talent pipelines.
- 09 Oct 2019
- Managing the Future of Work
Handy’s CEO clears up the gig economy
Oisin Hanrahan, co-founder and CEO of home services gig platform Handy, has succeeded by finding order and opportunity in chaos. The former HBS student has navigated messy transitions, cutthroat competition, and a challenging venture funding environment. He is also on the front lines of the battle over worker classification. Now part of gig services conglomerate ANGI Homeservices, Handy has branched out from cleaning into skilled trades, contracting, and retail partnerships
- 25 Sep 2019
- Managing the Future of Work
"Been” there, learned that: Immersive workplace training with virtual reality
What do sales clerks have in common with NFL quarterbacks? Apart from a competitive nature, both can benefit from VR training. Former Stanford football player Derek Belch drew on his athletic background and a Master’s in VR to deliver the virtual goods via STRIVR, the startup he co-founded with Stanford professor Jeremy Bailenson. STRIVR started out supplying VR to football teams and has since made a concerted push into the enterprise. The technology has the potential to improve hard and soft skills.
- 11 Sep 2019
- Managing the Future of Work
How carefully managed career restarts can benefit individuals and employers
Life events, personal interests, and a host of other factors lead people to step away from work. The key is how to handle reentry. Carol Fishman Cohen, HBS ‘85, draws on her own experience to consult and write about what it means to come back from a career break in today’s economy. She sheds light on who the would-be returners are, what they bring to the workplace, the barriers they face, and how employers can include them in their talent pipelines.
- 28 Aug 2019
- Managing the Future of Work
How teaching robots the way the world works changes the world of work
Robots aren’t necessarily primed to take over, but advances in machine learning are readying the mechanical components of the workforce for more complex and autonomous tasks. Startup Osaro specializes in deep reinforcement learning systems, artificial intelligence for industrial robots. CEO Derik Pridmore talks about the adaptive decision-making capabilities working their way into warehouses and factories, and the prospect of machines with a wider, more human range of cognitive capabilities.
Covid-19 Dispatch: Justin Wolfers
The Covid-19 pandemic has thrown more people out of work than at any time since the Great Depression, and did so with unprecedented speed. In this debut episode of the Managing the Future of Work podcast’s Covid-19 Dispatches, economist and New York Times columnist Justin Wolfers discusses alternatives to the official unemployment figures; best and worst case scenarios; economic insecurity; and the need for federal aid to state and local governments.