Do Organizations Have a Future? Envisioning Future Workplaces | Sourav Mukherji | TEDxIIMBangalore | Summary and Q&A

TL;DR

The future organization will be a loose connection of purpose-driven individuals, coordinated through market forces, with automation handling routine tasks.

Key Insights

• ♻️ Organizations today are outdated and fail to provide a conducive environment for employee engagement and well-being.
• ✋ Disengagement and stress levels in the workplace are high globally.
• ❓ The future organization will prioritize individual purpose, coordination through market forces, and automation of routine tasks.
• 💦 Long work hours can be acceptable and fulfilling when individuals are driven by their own purpose.
• 😌 Companies that lay off employees abruptly can contribute to high levels of stress and job insecurity.
• 🥺 Declining technology costs have made coordinating through markets more feasible, leading to new types of organizations like Uber and Airbnb.
• 🥺 The Linux operating system showcases the potential of volunteer-led organizations.
• 👻 Automation has the power to handle routine tasks, allowing individuals to focus on more meaningful work.

Transcript

[Applause] good morning today I am going to talk to you about organizations of the future since it is about the future it's going to be a bit speculative but what I want to tell you is that organizations of today really do not have a future I'm going to tell you that the future organization is going to be a loose connection of purpose-driven autono... Read More

Questions & Answers

Q: Why are organizations today not suitable for the future?

Organizations today are centralized, rule-oriented, and process-driven, which restricts individuality and leads to disengagement and stress among employees.

Q: What is the impact of disengagement and stress in the workplace?

Disengagement and stress in the workplace result in low productivity, high job demand, long work hours, and fear of job losses, leading to negative effects on employees' mental health and well-being.

Q: Can purpose-driven work help alleviate stress and work-life balance issues?

Yes, individuals who work towards their own purpose and objectives tend to have better work-life balance and are willing to put in long hours because they enjoy their work.

Q: What role does automation play in the future organization?

Automation will handle routine and standardized tasks, allowing individuals to focus on fulfilling their purpose and contributing to important products and services for mankind.

Summary & Key Takeaways

• Organizations today are restrictive and not conducive to employee engagement or well-being.

• High levels of work-related stress and disengagement are prevalent worldwide.

• The future organization will prioritize individual purpose, coordination through market forces, and automation of routine tasks.