Are Employees The New Entrepreneurs?

If you work in the public, private or community and voluntary sector you will need to be more enterprising in the future. You don’t have to start a business but you will need to develop more entrepreneurial qualities. With such traits, regardless of where you work, you will flourish.

Careers and skills

The traditional career is disappearing and unlikely to reappear as people now expect to sell their labour to many different companies during their working lives.

Employers are less devoted to employees and less inclined to invest in career development, as they no longer revere old-fashioned merits like longevity.

Technology is replacing and displacing jobs in all areas while creating new and different roles: although fewer in number and often favouring specialist skills.

Such changes flower with globalisation and allow people from around the world to compete in what were previously protected markets.

Skills are the hard currency of the new economy and fast replacing the long-standing, long-term employer to employee social contracts.

The specific skills you have and the value you add to an organisation are what make you attractive in today’s economy, rather than the qualifications you may have sweated to acquire.

Significant change in the nature of jobs has already happened and continues at an alarming rate, as the world of work is turned upside down, inside out and knocked on its side.

The solution, luckily, is to think and act like an entrepreneur even if you don’t run a business, as it helps to understand the new rules of the new world.

Entrepreneurs rule

Entrepreneurs, as the norm, operate in uncertain environments with time, money and resource shortages where the outcomes of decisions are difficult to predict.

Entrepreneurs try and succeed or try and fail and try again while learning fast from competitors that test their capacity to make good day-to-day and long-term decisions.

Entrepreneurs build links with people who provide support and change and extend and reinvent their networks as the business dictates.

Entrepreneurs act as employees today should act to manage their careers and navigate the new order of employer and employee engagement.

Entrepreneurs make up their own rules because they can’t or won’t follow anyone else’s and have an ability to succeed where others refuse to go.

After decades of traditional employer-employee caring contract arrangements entrepreneurs, ironically, now embody the characteristics employees need.

In future years, the best employees will be entrepreneurs who stay with an organisation because they want to, not because they have to.

They will use their skills for the good of the company for as long as they are valued and given enough room for personal and career growth.

SO, employees must become more like entrepreneurs, whether or not they run a business, to flourish in the new world of work.