Trends affecting career change and influences from 2020 and how to leverage them for working lives will be the key themes from @HerminiaIbarra #DOPConf

Longevity, technology, work change and social expectations are the four major 2020 trends in light of the Covid-19 pandemic. #DOPConf
Previous ideas about longevity of careers and how we think about work are no longer valid with the changes in life expectancy. #DOPConf
Technology change entails fewer jobs, and corporate change brings cost reduction and higher unemployment, with gig work on the rise. #DOPConf #2020
Social change has driven "portfolio careers" and the pursuit of "passion" and worklife meaning and well-being. #DOPConf
From @HerminiaIbarra 's research, more meaningful work has emerged as the primary career driver. However, there are fewer clear career paths or trajectories, leading to questions regarding this paradox of choice and what this means for defining "success".
She talks about transition periods, which take longer than anticipated, are non-linear and under-institutionalised and therefore driven by individuals and more difficult. #DOPConf #2020
Answer-driven plan and implement approach is no longer helpful, but process-driven (experiment and learn) approach is harder and longer but more fruitful, leading to plan. #DOPconf
.@HerminiaIbarra talks about the increase in urgency which sparks this change, with both dissatisfaction and "pull" required for progress, with some relying on "saviour or bolt of lightning". Jolts in the form of major life events may be prompts but plan still required. #DOPConf
Working identity is a key factor, with "possible selves" enaction needed for movement. These selves include desired, "ought", ideal and even feared possible selves. #DOPConf
Period of liminality between old and new, with no clear identity, an unanchored sense of instability, with sense of "fertile emptiness" and risk of unwise decisions. @HerminiaIbarra identifies this stage as important for development of new identity and direction. #DOPConf
She explains that this liminal phase should be endured and not abandoned. Constraints are lifted, allowing for creativity and possibilities, leading to divergent exploration and delayed commitment. #DOPconf
This allows individual to try on possible selves and compare/contrast and leads to finding good fit, despite being an aversive process for some. #DOPconf
End of process hard to pinpoint, but has clarity of destination with a crystallisation of personal career story that begins to make sense. #DOPconf
This inner turning usually occurs in mid-life, early parental/peer pressure gives way to individuation. Mid-life brings sense of mortality, pressing search for meaning with increased longevity, better self-knowledge, revision of earlier goals, unexpressed facets of self. #DOPconf
Two patterns to this: younger changers have longer exploration period before embarking on one direction (external drivers prevalent); older changers have crystallise/exploit pattern who can express clearly what they have to offer (internal drivers prevalent). #DOPconf
Levers for change are same across age groups. Side projects are major motor, shifts in network to cut binding ties, "making sense out loud" with self-reflection are all consistent and critical levers. #DOPconf
Concluding, @HerminiaIbarra says that motives and drivers may differ across life span but identity building blocks are key levers and the process should be embraced. Thank you for a fascinating key note. #DOPconf

More from Economy

Let's discuss how little you actually understand about economics and energy.

The first thing to understand is that energy is not globally fungible. Electricity decays as it leaves its point of origin; it’s expensive to transport. There is a huge excess (hydro) in many areas.


In other words, it can also be variable. It's estimated that in Sichuan there is twice as much electricity produced as is needed during the rainy season. Indeed, there is seasonality to how Bitcoin mining works. You can see here:

Bitcoin EXPORTS energy in this scenario. Fun fact, most industrial nations would steer this excess capacity towards refining aluminum by melting bauxite ore, which is very energy intensive.

You wouldn't argue that we are producing *too much* electricity from renewables, right?

"But what about the carbon footprint! ITS HUGE!"

Many previous estimates have quite faulty methods and don't take into account the actual energy sources. Is it fair to put a GHG equivalent on hydro or solar power? That would seem a bit disingenuous, no?

Well that's exactly what some have done.

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