Onto the next chapter of WORK: How this new "American Revolution" is fueling the workforce of the future!
Every Friday, I talk about my personal tips on work, wealth, and health. I also feature insights about the future of the workforce because I believe these topics will enable both businesses and individual professionals to thrive and succeed in an ever-changing work landscape. In this article, I’ll focus on one of the milestones MBO Partners has achieved in 2022. Read on to know more about this “next chapter” for the firm.
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Onto the next chapter of WORK: How this new "American Revolution" is fueling the workforce of the future! The acceleration of key forces driving the world of work today—from the rate of change of technological innovation to the fractionalization of the human career through independent, project-based work—has changed the way businesses operate nowadays. This new “American Revolution” is a cultural crossroad that demands a re-awakening of what work means to individuals and the society. As a platform that empowers Americans to gain control over their work lives, MBO has always been at the forefront of this “revolution.” In fact, in 2022, MBO secured USD 100 million in additional growth funding from top names in technology investing, including Emerald Lake Capital Management and ICONIQ Capital. The impact of this funding? It will help each and everyone of us at MBO transform how people work and secure a brighter future for over 51 million Americans who enjoy the control, freedom, and flexibility that independent work brings! MBO’s Role in the Future of Work In the past 20 years, our firm has evolved from a services business to a multi-sided platform where top enterprises can easily engage, scale, and optimize work with top independent professionals. This transformation allows us to help traditional companies rethink their workforce structure and optimize their talent pools to stay competitive in a rapidly changing business landscape. What’s more? Accelerating value creation enables MBO to empower independent professionals to start, run, and grow their own viable enterprises. The traditional ways of working are broken, and today’s top companies must re-imagine their workforce structure to capitalize not just access to talent but also new and sustainable workforce optimization models. As more and more workers seek out flexible work arrangements and embrace independent work, companies must also adapt to meet these workers’ needs. The rise of independent, project-based work has also accelerated many workforce trends. These include the importance of embracing technology and the rise of the gig economy. In fact, our platform is helping to fuel this “revolution” by offering workers greater control over their work life and personal life balance! — Workers have to be willing to learn new skills and embrace new technologies to remain competitive in the digital age. … and to help them, we provide them with access to a wide range of projects, allowing them to build their skills and stay up-to-date on the latest technological advancements. Today, 87% of independents say they are happier, while 2 out 3 independents say they are more financially secure than their traditionally employed counterparts. In the next 5 years, we predict that more than half of the U.S. workforce will be or will have been independent at some point in their careers. This data shows as people navigate this new “American Revolution,” companies like ours are of great help in empowering workers to take control of their lives and embrace the opportunities of the digital era. By embracing new and sustainable work optimization models, firms can create a workforce that is more innovative, inclusive, and dynamic than ever before. I hope you learned a lot from today’s article! It is only through reinvention that companies can transcend ways of working to find a new path forward for the well-being of their workers. … and it's not just the workforce that benefits from this “revolution!” Through reinvention, businesses around the globe can also operate as an “Employer and Client of Choice” for both full-time and independent workers, and continue to thrive in the future of work. It's time to welcome this great next step and the FREEDOM it brings! |