Many of us have been raised on the traditional notion of a three-stage approach to our working lives: education, followed by work and then retirement. However, we are already seeing this well-established pathway disintegrate – life expectancy is rising, pensions are vanishing, and increasing numbers of people are juggling multiple careers or looking to be part of the increasing contingent workforces and the gig economy.
Whether in their twenties or their sixties, employees now need to do things very differently from previous generations and learn to re-structure their work life and develop their ‘Intangible Assets’ to take on this new world of work.
These are the range of resources such as skills, reputation, vitality, self-knowledge, openness to new experiences and diverse networks that enhance an individual’s employability within and outside a company.
It is therefore vital for employees to actively identify and manage their Intangible Assets to succeed.
In our low-growth economy, organisations need to shift from having tangible assets as the centre of the talent relationship and instead create a combined offering including the development of employee’s Intangible Assets.
Based on her ongoing research and best-selling book The 100-Year Life, Professor Lynda Gratton, Thinkers50, Organisational Management Thought-Leader and Professor of Management Practice from London Business School will explore how organisations can use Intangible Assets to redefine and support their talent value proposition. She will also investigate how companies wishing to support their people in building these Assets can provide accurate measurements for doing so, and lastly, she will identify the Organisational Levers that will either help – or hinder – employees in building their Intangible Assets, and how they can build a support network around this.