Research from the UK Work Foundation found that the main cause of the 2.6 million people on long term sickness and incapacity benefit is workplace stress, costing the tax payer billions of pounds every year. Our current command and control organisational model is literally killing people. Recent research by McKinsey & Company indicates that "half or more of a company's spending on labour may be devoted to basic interaction activities, many of them internal to the organisation". Again corroborated by other UK Work Foundation research finding that non-productive interactions in many organisations exceed 60%. Most Western economies face a wide range of issues related to ageing populations and the retirement costs of baby boombers. Many blue chip companies cannot replace the talent that will exit their companies in the next 5-10 years, and have not considered the possibility of retaining them on demand, deploying them in a fractional way that allows the 'ex-employee' to choose their unique work/retirement balance. How much more pain does everyone have to be in before these new organisational approaches are adopted by organisations of every kind? Why aren't they doing it now?An older piece here.
Create a Core77 Account
Already have an account? Sign In
By creating a Core77 account you confirm that you accept the Terms of Use
Please enter your email and we will send an email to reset your password.
Comments
small business blog Most Western economies face a wide range of issues related to ageing populations and the retirement costs of baby boombers. Many blue chip companies cannot replace the talent that will exit their companies in the next 5-10 years, and have not considered the possibility of retaining them on demand, deploying them in a fractional way that allows the 'ex-employee' to choose their unique work/retirement balance. How much more pain does everyone have to be in before these new organisational approaches are adopted by small business blog