D10E Conference — Future of Work: Distributed Workspace for Tech Community
This week d10e, the leading conference on decentralization came to Tel Aviv, Israel, to set everyone on the path of exploration of the recent developments on the decentralization side, including fintech, disruptive tech, startups and culture, sharing economy, etc. The two-day conference featured a lineup of more than 30 speakers coming from a variety of different fields and aspects of decentralization.
For instance, Bernard Lietaer, who is expertising in monetary design and happened to co-create euro, presented his views on how decentralization of money can eradicate global poverty.Meirav Harel, financial technology and digital disruption expert, who was chosen for “Women in Fintech 2016 Powerlist” by Innovative Finance UK posed a very interesting question. With the rise of blockchain and other decentralized technologies we have been witnessing how the power is being shifted in new directions, however, whether we are transitioning towards decentralization or re-centralization is yet to be seen, as new players emerge on the markets and existing ones revise their development business strategies.
We flew to Tel Aviv to discuss how decentralization is influencing the world of work and the shape we see it taking eventually.
Decentralization has touched many spheres, alright. One cannot deny that jobs are experiencing radical changes — there has been a significant shift in the way we work nowadays and where we get work done, right? It is increasingly about hiring people to “do work”, e.g. to lead a team, deliver a service, complete a project, and giving freedom to move on as the business needs change.
Things like job titles, levels, job descriptions, and permanent workplace are starting to go away giving space for greater flexibility. Hinted by HR professionals an expectation of at least 20% of the company’s workforce to be made up of freelancers, contractors or temporary workers. “Positions” and “job titles” are losing their importance, while what really matters here is “what you know how to do”, as well as a personal and professional reputation of individuals, allowing them to create their own “brands” and sell their skills and knowledge to those who need them for completion of the project.
Work has become more dynamic and disruptive, with increasing flexibility, however, surprisingly, the productivity does not always go up. The infrastructure should set on the path of changes as well. The future looks bright for office workspaces overseen by those who are able to respond to the needs and lifestyles of their tenants by creating diverse and dynamic places.
Coworking model is gaining popularity — fast. The demand is unprecedented and fueling the growth of large providers in major markets. Shared workspace appears to be an essential part of a larger trend of creating flexible office ecosystems. Traditionally slow to change, the commercial real estate industry is gradually shifting from being just a space provider to creator of experience and community manager.
A modern workplace should be scalable, fast and easy to setup and flexible in terms of timing and capacity. Corporate success will largely depend on the level of operational flexibility, scalability, collaborative partnerships and minimum operational costs.The core team will remain at the very center setting the milestones and building corporate philosophy and values, but the larger part of the company will be decentralized and outsourced on the project-by-project basis.Employees will start to value “the deal” — flexibility, autonomy and challenges in return for working on a short-term contractual basis.
This is how we at Primalbase envisioned it, and we place ourselves at the very core of these changes and shifts. We aspire to move the future of work one step closer by building an infrastructure and community relations for tech industry — the industry, which triggered this paradigm shift.
Tech community consists of people who travel a lot, and they need to be sure that in every city they go they have familiar infrastructure, which significantly facilitates the efficiency of the working process. Primalbase is building such an infrastructure — the one they are used to — plus supporting development of community open for communication and collaborative work. Join us now at primalbase.com