Coming Shortage of Corporate Executives


When no one wants to be a corporate executive, then indeed, we will have a shortage of folks for our top leadership positions.

A surprising new survey finds that while workers want overall success, not
even one in an online survey of more than 1000 people, wants to be a
corporate executive. More than half aspired to be entrepreneurs* (nearly 65
percent) or work as independents (61 percent). As independents, they
expressed a desire for work hours more flexible than the traditional 9:00am
to 5:00pm.

These results, found in Intelligent Office's first "Work IQ" survey, are
fascinating. With high unemployment still plaguing the economies of many
countries, Intelligent Office intended to discover if people are working in
traditional ways or whether there has been a movement toward more flexible
workstyles. They profiled both current and aspirational workstyles,
determining an ongoing evolution of workstyles and the development of a
different type of worker. They call this kind of worker the "New American
Worker"---defined by "a desire for mobility and flexibility", typically
found in the entrepreneur and/or independent business owner. 

Intelligent Office believes there is a paradigm shift happening in our
culture, as it relates to workstyles. The company has been watching this
shift take place over the course of the last few years by talking with
entrepreneurs, business owners, and mobile executives on a daily basis.
Their survey reinforced their suspicions. 
Here are some additional highlights: 

* Nearly half of the respondents want a work hard/play hard work life
balance---a new balance; 
* Technology remains a very valuable resource for more than 45 percent of
the respondents; 
* Overwhelmingly, people aspire to have more mobility in their work life; 
* 66 percent responded that they aspire to have a laptop or tablet that
affords them freedom and mobility.

Our forecast: expect a worldwide shortage of corporate executives. Employers
will have the opportunity to embrace "intrapreneurship"-giving employees
chances to feel like entrepreneurs, while still working for the
organization---giving people "ownership" of a particular part of the
business. Service providers will enjoy opportunities to market into these
growing trends. 

Obviously, they do not realize that most successful entrepreneurs become
corporate executives!


Herman Trend Alerts are written by Joyce Gioia, a strategic  
business futurist, Certified Management Consultant, author, and  
professional speaker.


Joyce Gioia is a Strategic Business Futurist concentrating on workforce and workplace trends. Joyce is President and CEO of The Herman Group, a firm serving a wide range corporate, trade association and governmental clients on an international basis.

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