Make your personal pivot…

“Transitions, pivots, and reinventions are likely to become the norm…” I enjoyed reading this Ellevest blog post as it not only resonated with my career but also with many conversations I have had recently with friends contemplating changes. As we all embrace innovation and technologies continue to disrupt industries, gone are the days of stability and having one career your whole adult life.

Change brings fear, but it also brings opportunity. I am grateful for the pivots I have been able to make in my career, thanks to my education, international experience, and the guts to try new things.

Compressive Disruption

Disruption. Most headlines these days share stories of explosive disruption – in emerging markets or emerging competition in existing markets. For example, the cannabis industry is an example of an emerging market whereas Uber is an example of disruption in an existing market. There are countless headlines covering examples of disruption in the marketplace. What often goes undiscussed is ‘compressive disruption,’ or, the challenge existing companies face in maintaining profitable operations. The wild card established organizations need to understand and manage are evolving consumer preferences, unpredictable purchasing power and how consumers are harnessing innovation to drive convenience and quality in their daily lives.

Watch this short video explaining a few examples of compressive disruption from the beer and airline industries. While less exciting, compressive disruption is perhaps the bigger obstacle to overcome. What are your thoughts?

Self-proclaimed, multi-generation workforce junkie…

I am a self-proclaimed, multi-generation workforce junkie. Yeah, that’s right – I find this stuff super interesting! So much so, that I read about it all the time.

An infographic from Visual Capitalist interestingly displayed how Generation Z (Gen Z) has some traits which greatly differentiate them from Millennials. I find the Gen Z generation having the most differing views on what retirement may look like, or, even if it will exist when they reach their 60s.

If you are looking to learn more about Gen Z, check out this link!