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Surviving the Economic Revolution: The Rise of Project-Oriented Work

Updated: Mar 29, 2023

Only 10% of large companies, according to Cisco's John Chambers, will survive a major financial crisis that will affect 90% of them in the next 15 years.

The company will have much less of an impact on people in this era of economic revolution and ongoing creative destruction. In the future, the economy will revolve around projects. Thus, workers will be combined from project to project.

Alliances formed today might change tomorrow. For people's work to survive, they will need to be able to move more quickly without being constrained.

It will be important to be quick and agile, to create the best network possible, and to have the ability to quickly form new working groups. Briefly stated, a number of tiny businesses, each consisting of a single person or a small group of people, will oversee the project.

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Every project's main motivation should be speed. A star diagram will serve as the framework for the productive dynamics.

The project will be the center of attention, and the skills necessary for its success will be grafted all around.

Similar to how film studios form teams to produce and direct a film, the company will put together teams of experts in their field as needed.

As soon as the task is finished, everyone will resume their original positions, and the temporary group formed will be gone.

Less people will work for organizations. Only a small number of very high level employees will become partners, making the permanent contract a concept from the past.

New employees will need to be adaptable, both in terms of the projects that are given to them and in how they use the new workspaces.

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