Yesterday the Croixstone Consulting team enjoyed the opportunity to facilitate a professional development “Lunch + Learn” talk on the topic of portfolio careers at LOOM Coworking. The session was led by Mark Weber (Croixstone’s founder and Managing Partner) and Tony Armeni, MBA (Senior Consultant in Croixstone’s Human Resources practice group). The Croixstone team presented at the invitation of Jen Belk (Director and Programming Coordinator, LOOM Coworking and VP of Design and Consulting, Belk Construction Management Group).
Portfolio careers have long been prevalent with creative arts professionals and have emerged as a compelling career option for business professionals. Simply stated, a portfolio career is a working style where a professional has several strings to his/her career bow (often creating a mix of employment, freelancing and/or consulting). Business professionals are increasingly turning to portfolio careers to combine their passions in a way that works for them.
Despite Mother Nature’s fury yesterday, the Croixstone team presented to a full house and enjoyed the warm hospitality delivered by Jen Belk in the energetic LOOM Coworking space. Thanks to Jen and all who participated in yesterday’s “Lunch + Learn”.
To learn more about portfolio careers, click here.
To learn more about LOOM Coworking, click here.
So what does the rise of intelligent machines mean for the future of accountants?
Accounting Today recently endeavored to answer that question with help from two executives from Genpact, a global leader in digitally-powered business process management and services with experience in serving one-fifth of the Fortune Global 500.
- A large number of positions now handled by people, including accounting jobs, will be supplemented or replaced in some way by intelligent machines
- The accounting industry is already seeing a displacement of jobs through outsourcing and robotic process automation
- By diving into LinkedIn analytics, it is evident that numerous, expanded career paths may exist for accountants in roles traditionally unrelated to finance and accounting
- One-third of 1,120 randomly selected people with “accountant” roles in their LinkedIn profile have held a role unrelated to finance and accounting
- Customer service, operations, and sales and marketing were all well-represented in the LinkedIn research
- Additionally, positions in research, program management, consulting and business analysis stood out
The bottom line?
The Genpact executives believe that accountants offer skill sets that can help address a wide array of business challenges and the future offers expanded opportunities for these professionals in non-traditional finance and accounting roles.
Read the full article here.
Will the day come when we all work as our own boss?
The World Economic Forum held its annual meeting earlier this month and the future of work was a key topic of discussion. The organization’s Global Future Council on Education, Gender and Work is presently crafting a document that addresses the question of how we facilitate the transition from the traditional form of work to the future state where work is more flexible.
- Entrepreneurs and freelancers represent the future of the workplace as traditional office jobs become less and less relevant
- Lifelong learning is more important than ever before as skill requirements are constantly changing
- There is a constant need to be reskilled and you need some kind of job renewal every five years or so
- The workplace is moving towards more flexible arrangements where individuals are working with multiple companies at the same time
- “Knowledge” work is especially aligned with more flexible work arrangements and can be done from anywhere, thereby creating more value than the traditional work model
- The future of work is not going to be about full-time employment
Learn more about the future of work here.
The Croixstone Consulting team understands the benefits that highly-experienced professionals bring to the workforce. A recently published brief from the Center for Retirement Research at Boston College illustrates how older workers, who are living and working longer than ever before, maintain productivity as they age.
The brief suggests that older workers make up for a decline in “fluid intelligence”—the ability to solve new problems—with “crystallized intelligence,” or the learned knowledge and experience they accumulate over the years.
According to a new study conducted by LinkedIn, freelancers now account for nearly 35% of the USA workforce…and the trend is only gaining traction with more professionals opting out of traditional “full-time” employment.
The Croixstone Consulting team found the following survey findings of particular interest:
- 40% of LinkedIn’s freelancers (the social networking site’s “ProFinder” members) are based in just four states (California, Florida, New York and Texas).
- Marketing, Business Consulting and Design were the top 3 industries for freelance work in 2016.
- Younger freelancers identified industry preferences centered on Writing, Photography and Home Improvement.
- Older freelancers identified industry preferences focused on Career Coaching, Business Consulting and Real Estate.
- 33% of all professional freelancers surveyed were male.
- The average freelancer is an older male (nearly 50% of LinkedIn’s ProFinder members are older than 50).
- The average hourly rate for freelance work averages $50-$150.
Gain more insights into the Freelance Economy here.
Are you ready to peek into the future?
1. Workplace Structures
Forget the rigid corporate ladder – now the corporate lattice allows free-flowing ideas and career paths
2. Artificial Intelligence
The robots are coming and if the forecasts are correct, they could impact millions of jobs
3. The Human Cloud
Websites that match employers with freelancers are growing fast
4. Workplace Monitoring
Are you ready to be tracked in a much different way?
5. The End of Retirement
There’s no more automatic “out” at age 65
Read the full article here.