Innovation, Disruption and YOU

Monday Morning Pep Talk

Innovation is a good thing, right? Companies win awards for their innovations and it is the buzzword of the moment in business. It drives profits, market share growth and top line revenue. Innovation solves problems we didn’t realize we had with products and services we didn’t know we wanted that now we can’t live without. It is the reason my home is filled with gadgets that start with lowercase, “i”.

Everyone at their company wants to be known as an innovator. It is an honor. The lucky sap that is viewed as an innovator can show up anywhere in an organization, but generally innovators reside in R&D, marketing or I/T. The innovator’s reward is a big salary, a title on his/her business card as Senior Director of Something No One Understands and Teflon status during corporate reorganizations. Innovators appear relaxed and smiling in a sea of nervous chaotic types when senior management enters a room.

Innovation leads to disruption. Disruption leads to....job loss. The innovation of ATMs made bank tellers nearly irrelevant and the ones that remain work as slowly as possible to remind us of their fate. Other innovations led to the demise of the switchboard operator, the ice man, newspaper print setters and manual street sweepers. Because of innovation, there are fewer jobs for radio announcers, executive administrators, general manufacturing, parking lot attendants and a broad spectrum of other positions. It is all automated.

Since innovation is not slowing down and it leads to disruption and ultimately job loss; what is a 40+ worker to do? First, we have to acknowledge that with innovation and the disruption is produces there is going to be change. Jobs will be lost and other jobs will be created. For every milliner, bookbinder or pinsetter that isn’t needed today; there is a job for a Director of Digital, a Patient Advocate, Social Media Strategist or Interior Design Stager. A couple of years ago, there was an uproar about the Karl Fisch video clip reminder, “The jobs in highest demand in 2010 did not exist in 2004.”  Today we accept that premise. As experienced workers have to think ahead about problems that don’t exist yet—we have to anticipate, stay flexible and embrace continuous learning. There is no guarantee the job you do today is going to be done the same way with as many people--there is no guarantee your company will exist the same way it does today. Technology will somehow impact every job we are doing in 2012.

Innovation is a good thing, and we have to start by innovating ourselves. Create your own disruption—learn a new language and become bilingual. Take a vocation vacation. (Check out: http://vocationvacations.com) to learn more. Brush up on your technology skills or take a class to learn about social media. You have 168 hours—make it a great week!

Mid-Life Careers at the CrossRoads

At some point in your working life you hit a bump. Sometimes the bump is sudden—unexpectedly you lose your job,  you're demoted or somehow you lose your authority or your rank at work diminishes. At other times there’s a warning of a “speed bump” ahead. That’s when the stirring comes from inside of you. It is that feeling when you begin to lose your passion for work. It is when new management comes in and all of a sudden nothing you do is right (even though it was right for a very long time under the former management).

These bumps are what I call the Crossroads.

Sometimes they happen to you; sometimes you initiate it—but at all times ACTION occurs in your career. For one friend, her husband had a lucrative, but unfulfilling career in the financial services industry. For years the stirrings of discontent were in the back of his mind. But, the money was good and they had kids in college. Then, in the same week, he got fired and his best friend died suddenly of a heart attack. Talk about a BUMP. He was thrust into the Crossroads—rethinking everything. It was the catalyst of a career change at 43 years old to become a teacher. Now, seven years later, he’s a Ph.D. candidate in Educational Administration.

Our careers are like "mini-movies" of our lives in general. They take unexpected detours, have ups and downs, interesting people enter/exit and they require adjustments and like life; our careers rarely stay the same. Upon reflection, a career is like the Charles Dicken’s quote, “it was the best of times, it was the worst of times.”  That quote goes on to say, “it was the spring of hope and the winter of despair, we had everything before us, we had nothing before us...”

So many external factors affect our careers now and moving into your 40s, 50s and 60s, careers get redefined—sometimes by us, sometimes for us. In some previous posts, I’ve mentioned the small amount of time we give to personal career planning. We spend more time planning our recent holiday activities and vacations than we do our career contingencies. Your company is not going to develop your career--that's on you now. It is why hitting a bump is so unsettling. It is why standing at the crossroads can be so confusing. Now that we are fresh into a new year, it is a perfect time to update your resume, freshen your LinkedIn profile or start that blog you’ve been thinking about. It may be a good time to reconnect with your former colleagues from a previous company to catch-up and do some networking. Do some thinking about how you want to spend the rest of your working years. What’s your dream? Mark Twain said, “Twenty years from now you’ll be more disappointed by the things you didn’t do than by the ones you did.” So here’s to the New Year! Explore. Dream. Discover. Take some time to focus on your career. You deserve it!