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Role of Innovation for Individuals and Organizations- Part 3

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Welcome to Part 3 of the Q&A series on Innovation. Below is the final thought provoking question and answer on Innovation. We have saved the best for last- the answer will provide you with great insight into successfully overcoming the current economic crisis

Q: What are some critical trends individuals and organizations need to know for weathering the economical storm and beyond?

A: There are several trends. For instance, the future of jobs does not look good for traditional jobs or regular activities performed in exchange for payment, including computer programmer, bank teller, customer phone representative, nurse, certain lawyers, doctors. Those jobs, according to research we have conducted, will be either enhanced or eliminated within the next 5-10 years due to two major trends: Information Automation and Globalization.
Another trend is that most businesses today are ‘wired' to create profits, not create new jobs. This is a critical point that is much forgotten. It means businesses will do whatever is necessary to make a profit. They will automate every job task and overlook the passion behind the job - the human element.
The only solution to the profit challenge versus maintaining valuable jobs is for individuals in various jobs to re-innovate themselves. This can be achieved by applying more human skills to existing jobs or developing new skills that cannot be automated or outsourced in the face of these major trends.
In our applied research, we have discovered that for most organizations considering automation over people, the answer is the same. In order to survive in business, organizations must rethink how to attract, retain, and grow talent pools with skills that cannot be automated - discovery, creativity, influence, resilience, implementation, and mindful action. These are some examples of competencies, which we believe will be in greater demand in the future. At DeSai, we call these the new ‘Hyper Skills' needed in every future job.To compete effectively, businesses will have to focus on the importance of the quality and readiness of their talent. Finally, I believe millions of new jobs will be created, not by organizations, but by creative and innovative people themselves. Those who can figure out how to re-invent their own jobs to keep them from being ‘automated or outsourced' will greatly benefit. The period when employers only designed new job positions are about to go, with more opportunities for those who can create their own job roles and activities to help their organizations.
One last point. I believe a large percentage of workers will need to seek a living outside the corporate umbrella in the future. I think that individuals who can consciously, directly or indirectly, generate income and profits outside the organization will see the most success in the future. We will definitely be more of an entrepreneurial society.
Your feedback, questions and comments are more than welcomed...
Jatin DeSai

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I totally agree with your views Jatin, and have just witnessed in my recent trip to India. First in Ahmedabad for Vibrant Gujarat, where discovery, creativity, influence, resilience, implementation, and mindful action, where present. CM Narendra Modi signed $450 billion of Mous in just two days.  
And than in Parthi, where Sathya Sai Baba has started a Sustainable Living Center where while they are growing talent pools with skills that cannot be automated -both in its non for profit and commercial wing- they are focusing on quality; alleviating poverty through self sustainable means, eco solutions and green energies.  

posted @ Wednesday, January 26, 2011 6:00 AM by Bindu Dadlani

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