10 Questions
What is the concept referred to as 'workism'?
The concept that our work is the cornerstone of our life's purpose
According to Arthur C. Brooks, what happens when we fall prey to professional self-objectification?
We become indistinguishable from our work
What is the suggested practice to manage self-objectification?
Follow two practices suggested by Arthur C. Brooks
What is a characteristic of someone who falls prey to professional self-objectification?
They tend to sacrifice friend and family relationships for their job
Who coined the term 'workism'?
Derek Thompson
What is predicted to happen with the idea of hybrid work?
It will expand from the rigid definition of 'being in-person at a company office two days a week'.
Where are work-from-anywhere teams meeting in addition to downtown office buildings?
At company offsites, suburban locations, and trade conferences.
How frequently do teams meet in-person according to Prithwiraj Choudhury's research?
A few days a month or once a quarter
Why do companies need to make a concerted effort to help employees with caregiving responsibilities?
To retain talent in a tight labor market
What is expected to severely limit the growth of the workforce in the US?
Demographic changes
Study Notes
Business Trends in 2024
- The global economy faces challenges due to war, climate change, trade issues, and infrastructure problems.
- Businesses struggle to develop and meet diversity, equity, and inclusion goals.
- Many companies are still finding a hybrid balance between in-person work and remote work.
Workism
- "Workism" is the idea that our work is the cornerstone of our life's purpose.
- It can make our life and work indistinguishable, leading to professional self-objectification.
- Signs of self-objectification include:
- Identifying oneself with their job.
- Sacrificing friend and family relationships for work.
- Grieving the loss of a job as if it were a death in the family.
- To manage self-objectification, one should set boundaries to ease workism.
Hybrid Work
- Hybrid work will continue to evolve beyond the traditional definition of "being in-person at a company office two days a week."
- Teams are innovating on where to meet and when to meet, considering alternative spaces such as company offsites, suburban locations, and trade conferences.
- Flexible forms of hybrid work, such as meeting in-person for a few days once a month or quarter, can help individuals work from anywhere and companies hire from anywhere.
Caregiving Policies
- The COVID-19 pandemic has increased the need for companies to revisit their caregiving policies.
- Companies must make a concerted effort to help employees meet their caregiving responsibilities to retain talent.
- Demographic changes will lead to a severe shortage of workers with the right skills, making caregiving policies crucial for employers' self-interest.
Explore the current global economic challenges, diversity goals, and work arrangements. Learn about the concept of 'Workism' and its impact on personal and professional life.
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