Corporate Board Member recently interviewed Edie Weiner to get her outlook on the economy, jobs, and emerging issues for directors.
The real story is the collapsing of the time that it takes for technologies to come together and create enormous efficiencies in the way we do things. The problem is that we can’t grow new businesses fast enough to satisfy the labor that’s been displaced by the efficiencies, and that’s why we feel so much pain, and that’s why we’re not going to see those jobs come back.
And then she delivers this advice to corporate directors:
If I were a director. I would really want to know what game changers are out there that could completely disrupt the services and products that we’re currently offering, and I wouldn’t necessarily trust that I could get all that information inside the company. I would want to know from experts who are looking outside what is going on that could change the world of this company the way it exists.
And I would also be concerned about whether I’m doing the right things in order to get the best talent because in the end, whatever it is that [you] do, it’s about your people delivering to the marketplace.