The Rise of the Independent Worker. The New Economy and Its Impact on You, Your Organization, and Society.
Thursday, May 17, 2018
MEA, 234 Mall Blvd., King of Prussia, PA
In 2016, there were 57.3 million freelancers (independent workers) contributing $1.4 trillion to the US economy which was an increase of almost 30% from the previous year (2017 Upwork and Freelancers Union Survey).
20% of global organizations with at least 1,000 employees have a workforce made up of 30% or more contingent workers (Global Contingent Workforce Study, EY).
McKinsey’s in-depth research indicated 20 to 30% of the working-age population in the United States and the European Union engage in independent work (Independent Work: Choice, Necessity, and the Gig Economy, McKinsey Global Institute, 2016).
Nation 1099’s surveys reveal that more than 80 % of independent workers prefer freelancing over traditional work and more than 50% stated they wouldn’t go back to traditional employment at any price. This means that 1 in 9 potential employees isn’t interested in a W-2 Role (The Ultimate Guide to Gig Economy Data).
MBO Partners predicts that by 2027, 58% American workers will have freelanced or will be freelancing (Looking Forward: What Will the Independent Workforce Look Like in 2027?).
The workforce and the way people work in the future is transforming before our eyes. Individuals, organizations, and the general public are faced with new realities and everyone needs to change to survive. But what is that new reality? How do we need to change?
Wrapping your arms around the new reality and necessary change can be a challenge because there is a lack of consistency in the data. There is minimal government data about the independent worker and there is lack of conformity of terms between the different third-party surveys. There isn’t even agreement on the name for the future work economy. For example, is it or is it not the Gig Economy?
This presentation starts by clarifying terms such as independent worker, freelancer, and consultant. Key studies about the future of work are highlighted. The presentation continues by examining the forces behind the change and how these forces are redefining the work arrangement for individuals, organizations, and society. Finally, together we explore what you can do to evolve and survive as a person and organization as well as discuss the social implications of these changes. Leave the presentation with a few next steps that you can implement yourself or within your organization.
About Our Speaker
Laura Burford, MA, PMP
Laura began her management consulting firm, LAD Enterprizes, Inc, in 2002 after 9/11 forced the closing a successful start-up international consulting operation. Over the years the firm has changed to where it is today-a firm that leverages Laura’s thirty plus years of consulting experience by helping consultants and business leaders build and improve their consulting businesses.
Laura helps consultants and internal and external consulting organizations build their practices. She does this by following The Consultant’s Development Model© and leveraging her project management expertise. The model is supported by her step-by-step system, the Consultant’s Jumpstart Blueprint©, and on-line courses at Laura’s Consulting Guide.
Prior to starting LAD Enterprizes, Inc., Laura was recruited by the CEO of a Fortune 100 company to help with a start-up international technology consulting organization; worked 10 years for two “Big 4” consulting organizations; and worked for several Fortune 50 companies. As a consultant, she has provided advice to profit and non-profit organizations of all sizes. She has led numerous large multi-million-dollar business improvement, application development, and technology infrastructure programs; established new businesses, consulting organizations, outsourcing operations, and project management offices; and worked with turnaround initiatives and troubled projects.
Laura offers project management and consulting training seminars; is a public speaker; writes for trade magazines; and is the author of Project Management for Flat Organizations (2012, J. Ross Publishing, Inc.), one of ten 2013 Small Business Book Awards winners.
Laura holds a Bachelor of Science in Commerce (BSC) and Masters of Arts (MA) from Rider University, and is a Certified Project Management Professional (PMP®).
Mid-Atlantic Employers' Association (MEA), King of Prussia, PA
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