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Portfolio Career
A portfolio career comprises a variety of roles rather than one job at a single organisation. It can be a career that combines multiple paid and/or voluntary roles. The philosopher and organisational behaviourist Charles Handy popularised the "portfolio" concept in works like his 1994 book ''The Empty Raincoat''. Handy's recognition of the portfolio career-path came about when he realised that individuals would be required to develop portable skillsets to meet the needs of a fast-moving future workplace. His prediction foresaw what is now known as the gig economy. Portfolio careers are often found in the creative industries where freelancing is the norm. Economic conditions mean many are now actively choosing to pursue portfolio careers to make the most of their earning potential. Advantages Advantages of a portfolio career include work–life balance, job security, flexibility, variety, multiple income streams and the ability to pursue individual interest areas. Ben Legg, CEO ...
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Career
The career is an individual's metaphorical "journey" through learning, work and other aspects of life. There are a number of ways to define career and the term is used in a variety of ways. Definitions The ''Oxford English Dictionary'' defines the word "career" as a person's "course or progress through life (or a distinct portion of life)". This definition relates "career" to a range of aspects of an individual's life, learning, and work. "Career" is also frequently understood to relate to the working aspects of an individual's life - as in "career woman", for example. A third way in which the term "career" is used describes an occupation or a profession that usually involves special training or formal education, considered to be a person's lifework. In this case "a career" is seen as a sequence of related jobs, usually pursued within a single industry or sector: one can speak for example of "a career in education", of "a criminal career" or of "a career in the building trade ...
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Charles Handy
Charles Brian Handy CBE (born 25 July 1932) is an Irish author/philosopher specialising in organisational behaviour and management. Among the ideas he has advanced are the " portfolio career" and the " Shamrock Organization" (in which professional core workers, freelance workers and part-time/temporary routine workers each form one leaf of the "Shamrock"). He has been rated among the Thinkers 50, a private list of the most influential living management thinkers. In 2001 he was second on this list, behind Peter Drucker, and in 2005 he was tenth. When the Harvard Business Review had a special issue to mark their 50th Anniversary they asked Handy, Peter Drucker and Henry Mintzberg to write special articles. In July 2006 he was conferred with an honorary Doctor of Laws by Trinity College, Dublin. Life Born the son of a Church of Ireland archdeacon in Clane, Co. Kildare, Ireland, Handy was educated as a boarder at Bromsgrove School and Oriel College, Oxford. Handy's busines ...
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Gig Economy
Gig workers are independent contractors, online platform workers, contract firm workers, on-call workers, and temporary workers. Gig workers enter into formal agreements with on-demand companies to provide services to the company's clients. In many countries, the legal classification of gig workers is still being debated, with companies classifying their workers as "independent contractors", while organized labor advocates have been lobbying for them to be classified as "employees", which would legally require companies to provide the full suite of employee benefits like time-and-a-half for overtime, paid sick time, employer-provided health care, bargaining rights, and unemployment insurance, among others. In 2020, the voters in California approved 2020 California Proposition 22, which created a third worker classification whereby gig-worker-drivers are classified as contractors but get some benefits, such as minimum wage, mileage reimbursement, and others. Etymology of ''gig'' ...
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Freelancing
''Freelance'' (sometimes spelled ''free-lance'' or ''free lance''), ''freelancer'', or ''freelance worker'', are terms commonly used for a person who is self-employed and not necessarily committed to a particular employer long-term. Freelance workers are sometimes represented by a company or a temporary agency that resells freelance labor to clients; others work independently or use professional associations or websites to get work. While the term ''independent contractor'' would be used in a different register of English to designate the tax and employment classes of this type of worker, the term "freelancing" is most common in culture and creative industries, and use of this term may indicate participation therein. Fields, professions, and industries where freelancing is predominant include: music, writing, acting, computer programming, web design, graphic design, translating and illustrating, film and video production, and other forms of piece work that some cultural theor ...
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Work–life Balance
Work may refer to: * Work (human activity), intentional activity people perform to support themselves, others, or the community ** Manual labour, physical work done by humans ** House work, housework, or homemaking ** Working animal, an animal trained by humans to perform tasks * Work (physics), the product of force and displacement ** Work (electric field), the work done on a charged particle by an electric field ** Work (thermodynamics), energy transferred by the system to its surroundings * Creative work, a manifestation of creative effort **Work of art Broadcast call signs * WORK (FM), now WRFK (FM), an American radio station in Vermont * WORK-LP, an American low-power TV station in New Hampshire * WOYK, an American AM radio station in Pennsylvania, known as WORK 1932–1973 Music * The Work (band), an English post-punk rock group * Work Group, an American record label Albums and EPs * ''Work'' (EP), a 2015 EP by Marcus Marr and Chet Faker * ''Work!'', a 1986 album by Mulg ...
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Herminia Ibarra
Herminia Ibarra is the Charles Handy Chair in Organisational Behaviour, Professor of Organisational Behaviour and Chair, Organisational Behaviour Faculty at London Business School. Early life Ibarra was born in Cuba and obtained her M.A. and Ph.D. degrees in organisational behaviour from Yale University. She taught for thirteen years at Harvard Business School. Career She was previously Professor of Organizational Behaviour at INSEAD, and before that, Professor of Business Administration at the Harvard Business School. She is a member of the World Economic Forum Global Agenda Councils and is a jury member for the Financial Times and McKinsey & Company Best Business Book of the Year Award. She chaired the Visiting Committee of the Harvard Businesses School and is included in the list of the 50 gurus of the world's most influential businesses. Ibarra is the Charles Handy Professor of Organisational Behaviour at London Business School and was the Cora Chaired Professor of Lead ...
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London Business School
London Business School (LBS) is a business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees (Master's degrees in management and finance, MBA and PhD). Its motto is "To have a profound impact on the way the world does business". LBS is consistently ranked amongst the world's best business schools. The main campus is located at Sussex Place in London, adjacent to Regent's Park. In 2012, the school acquired the Marylebone Town Hall and spent £60 million to refurbish it with the objective of expanding its teaching facilities by 70% - the new building is called The Sammy Ofer Centre. In 2017, it was announced that LBS had also acquired the site of the Royal College of Obstetricians and Gynaecologists, who vacated the building in November 2019. LBS has a secondary campus in Dubai that is dedicated to Executive Education and the Dubai EMBA. History Foundation London Business School was founded in 1964 ...
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Henley Business School
Henley Business School is a business school which now forms part of the University of Reading. It was formed by merging the previously independent Henley Management College (formerly the Administrative Staff College) with the existing business school of the University of Reading. As a result of the merger it now occupies two sites: Greenlands Campus, near the town of Henley-on-Thames, the original site of the Henley Management College, and Whiteknights Campus in Reading. As of 2020 the school had triple accreditation by EQUIS, AMBA and the AACSB. History 1945-1981 The Administrative Staff College was set up in 1945 at Henley-on-Thames as the civilian equivalent of the military staff colleges. It offered short courses in problems of advanced management. The college was offered the use of Greenlands by the 3rd Viscount Hambledon in 1946, and was bought outright from the family in 1952. In its early years, the college was influenced by the management consultant and writer Lyn ...
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Side Job
A side job, also informally called a side hustle or side gig, is an additional job that a person takes in addition to their primary job in order to supplement their income. Side jobs may be done out of necessity, when one's income from their main job is insufficient to support them, or simply out of a desire to earn more income. Working a side job can also, informally, be called moonlighting, usually when it is performed after normal working time. A side job can be a full-time job, part-time contract, or freelance work, and a person can hold more than one side job. Side jobs gained in popularity in the U.S. due to wage stagnation and low wage growth that has not kept up with the rise in cost of living, with nearly a third of people with side jobs requiring them to pay expenses. Nearly half of all Americans report having a side job, including 43% of full-time workers. The most common reason workers take on side jobs is to obtain additional disposable income. In the United Kingdom ...
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Part-time Contract
A part-time job is a form of employment that carries fewer hours per week than a full-time job. They work in shifts. The shifts are often rotational. Workers are considered to be part-time if they commonly work fewer than 30 hours per week. According to the International Labour Organization, the number of part-time workers has increased from one-quarter to a half in the past 20 years in most developed countries, excluding the United States. There are many reasons for working part-time, including the desire to do so, having one's hours cut back by an employer and being unable to find a full-time job. The International Labour Organisation Convention 175 requires that part-time workers be treated no less favourably than full-time workers. In some cases the nature of the work itself may require that the employees be classified part as part-time workers. For example, some amusement parks are closed during winter months and keep only a skeleton crew A skeleton crew is the minimum numb ...
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Side Job
A side job, also informally called a side hustle or side gig, is an additional job that a person takes in addition to their primary job in order to supplement their income. Side jobs may be done out of necessity, when one's income from their main job is insufficient to support them, or simply out of a desire to earn more income. Working a side job can also, informally, be called moonlighting, usually when it is performed after normal working time. A side job can be a full-time job, part-time contract, or freelance work, and a person can hold more than one side job. Side jobs gained in popularity in the U.S. due to wage stagnation and low wage growth that has not kept up with the rise in cost of living, with nearly a third of people with side jobs requiring them to pay expenses. Nearly half of all Americans report having a side job, including 43% of full-time workers. The most common reason workers take on side jobs is to obtain additional disposable income. In the United Kingdom ...
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