More than half of 18 to 25 year-olds in the workforce are considering quitting their job. And they're not the only ones.
In a report called The Next Great Disruption Is Hybrid Work – Are We Ready?, Microsoft found that as well as 54% of Generation Z workers, 41% of the entire global workforce could be considering handing in their resignation.
Similarly, a UK and Ireland survey found that 38% of employees were planning to leave their jobs in the next six months to a year, while a US survey reported that 42% of employees would quit if their company didn't offer remote working options long term.
New work trends
Based on surveys with over 30,000 workers in 31 countries, the Microsoft report – which is the latest in the company's annual Work Trend Index series – pulled in data from applications including Teams, Outlook and Office 365, to gauge productivity and activity levels. It highlighted seven major trends, which show the world of work has been profoundly reshaped by the pandemic:
- Flexible work is here to stay
- Leaders are out of touch with employees and need a wake-up call
- High productivity is masking an exhausted workforce
- Gen Z is at risk and will need to be re-energized
- Shrinking networks are endangering innovation
- Authenticity will spur productivity and wellbeing
- Talent is everywhere in a hybrid world
"Over the past year, no area has undergone more rapid transformation than the way we work," Microsoft CEO Satya Nadella says in the report. "Employee expectations are changing, and we will need to define productivity much more broadly – inclusive of collaboration, learning and wellbeing to drive career advancement for every worker, including frontline and knowledge workers, as well as for new graduates and those who are in the workforce today. All this needs to be done with flexibility in, when, where and how people work."
Organizations have become more siloed
While the report highlights the opportunities created by increased flexible and remote working patterns, it warns that some people are experiencing digital exhaustion and that remote working could foster siloed thinking. With the shift to remote working, much of the spontaneous sharing of ideas that can take place within a workplace was lost. In its place are scheduled calls, regular catch-ups and virtual hangouts. The loss of in-person interaction means individual team members are more likely to only interact with their closest coworkers.
"At the onset of the pandemic, our analysis shows interactions with our close networks at work increased while interactions with our distant network diminished," the report says. "This suggests that as we shifted into lockdown, we clung to our immediate teams for support and let our broader network fall to the wayside. Simply put, companies became more siloed than they were pre-pandemic."
Burnout or drop out
One of the other consequences of the shift to remote and the reliance on tech-based communications has been the phenomenon of digital burnout. And for those who have most recently joined the workforce, this has been a significant challenge.
The excitement of joining a new employer, maybe even securing a job for the first time, usually comes with meeting lots of new people, becoming familiar with a new environment and adapting to new situations. But for many, the pandemic turned that into a daily routine of working from home while isolated from co-workers.
"Our findings have shown that for Gen Z and people just starting in their careers, this has been a very disruptive time," says LinkedIn Senior Editor-at-Large, George Anders, quoted in the report. "It's very hard to find their footing since they're not experiencing the in-person onboarding, networking and training that they would have expected in a normal year."
But it is perhaps the data around quitting that is one of the starkest indications that change is now the new normal. Being able to work remotely has opened up new possibilities for many workers, the report found. If you no longer need to be physically present in an office, your employer could, theoretically, be located anywhere. Perhaps that's why the research found that "41% of employees are considering leaving their current employer this year".
In addition to that, 46% of the people surveyed for the Microsoft report said they might relocate their home because of the flexibility of remote working.
A hybrid future
In looking for ways to navigate their way through all this change, employers should hold fast to one word, the report says – hybrid. An inflexible, location-centred approach to work is likely to encourage those 41% of people to leave and find somewhere more to their tastes. Those who are thinking of going to live somewhere else, while maintaining their current job, might also find themselves thinking of quitting if their plans are scuppered.
But remote working is not a panacea for all workforce ills. "We can no longer rely solely on offices to collaborate, connect, and build social capital. But physical space will still be important," the report says. "We're social animals and we want to get together, bounce ideas off one another, and experience the energy of in-person events. Moving forward, office space needs to bridge the physical and digital worlds to meet the unique needs of every team – and even specific roles."
Bosses must meet challenges head on
Although the majority of business leaders have indicated they will incorporate elements of the hybrid working model, the report also found many are out of touch with workforce concerns more widely.
For, while many workers say they are struggling (Gen Z – 60%; new starters – 64%), and 54% of the general workforce feels overworked, business leaders are having a much better experience. Some 61% said they were 'thriving', which is in stark contrast to employees who are further down the chain of command.
Jared Spataro, corporate vice president at Microsoft 365, writes in the report: "Those impromptu encounters at the office help keep leaders honest. With remote work, there are fewer chances to ask employees, 'Hey, how are you?' and then pick up on important cues as they respond. But the data is clear: our people are struggling. And we need to find new ways to help them."
Reprinted with permission of the World Economic Forum. Read the original article.
Shanghai's skyline at night. According to the GDP (PPP) map, China is the world's largest economy. But that oft-cited statistic says more about the problems of PPP as a yardstick than about the economic prominence of China per se.Credit: Adi Constantin, CC0 1.0
If you want to rank the regions and countries of the world, area and population are but crude predictors of their importance. A better yardstick is GDP, or gross domestic product, defined as the economic value produced in a given region or country over a year.
Who's hot and who's not
And these two maps are possibly the best instruments to show who's hot and who's not, economically speaking. They are in fact cartograms, meaning they abandon geographic accuracy in order to represent the values of another dataset, in this case GDP: the larger a region or country is shown relative to its actual size, the greater its GDP, and vice versa.
So far, so familiar. What's unique about these maps is how this is done. Both are composed of hexagons, exactly 1,000 each. And each of those hexagons represents 0.1 percent of global GDP. That makes it fascinatingly easy to assess and compare the economic weight of various regions and countries throughout the world.
Did we say easy? Scratch that. GDP comes in two main flavors: nominal and PPP-adjusted, with each map showing one.
Nominal GDP does not take into account differences in standard of living. It simply converts local GDP values into U.S. dollars based on foreign exchange rates. GDP adjusted for purchasing power parity (PPP) takes into account living standards. $100 buys more stuff in poor countries than it does in rich countries. If you get more bang for your buck in country A, its PPP-adjusted GDP will be relatively higher than in country B.
Nominal GDP is a good way of comparing the crude economic size of various countries and regions, while GDP (PPP) is an attempt to measure the relative living standards between countries and regions. But this is also just an approximation, since it does not measure the distribution of personal income. For that, we have the Gini index, which measures the relative (in)equality of income distribution.
In other words, PPP factors in the high cost of living in mature markets as an economic disadvantage, while giving slightly more room to low-cost economies elsewhere. Think of it as the Peters projection of GDP models.
Who's number one: the U.S. or China?
The economy of the world, divided into a thousand hexagons.Credit: BerryBlue_BlueBerry, reproduced with kind permission
The difference is important, though, since the versions produce significantly different outcomes. The most salient one: on the nominal GDP map, the United States remains the world's largest economy. But on the PPP-adjusted GDP map, China takes the top spot. However, it is wrong to assume on this basis that China is the world's biggest economy.
As this article explains in some detail, PPP-adjusted GDP is not a good yardstick for comparing the size of economies – nominal GPD is the obvious measure for that. GDP (PPP) is an attempt to compare living standards; but even in that respect, it has its limitations. For example, $100 might buy you more in country B, but you might not be able to buy the stuff you can get in country A.
Both maps, shown below, are based on data from the IMF published in the first quarter of 2021. For the sake of brevity, we will have a closer look at the nominal GDP map and leave comparisons with the PPP map to you.
For the nominal map, global GDP is just over U.S. $93.86 trillion. That means each of the hexagons represents about U.S. $93.86 billion.
The worldwide overview clearly shows which three regions are the world's economic powerhouses. Despite the rise of East Asia (265 hexagons), North America (282) is still number one, with Europe (250) placing a close third. Added up, that's just three hexagons shy of 80 percent of the world's GDP. The remaining one-fifth of the world's economy is spread — rather thinly, by necessity — across Southeast Asia & Oceania (56), South Asia (41), the Middle East (38), South America (32), Africa (27), and North & Central Asia (9).
California über alles
California's economy is bigger than that of all of South America or Africa.Credit: BerryBlue_BlueBerry, reproduced with kind permission
Thanks to the hexagons, the maps get more interesting the closer you zoom in on them.
In North America, the United States (242) overshadows Canada (20) and Mexico (13); and within the U.S., California (37) outperforms not just all other states, but also most other countries — and a few continents — worldwide. To be fair, Texas (21), New York (20), Florida (13), and Illinois (10) also do better than many individual nations.
Interestingly, states that look the same on a "regular" map are way out of each others' leagues on this one. Missouri is four hexagons but Nebraska only one. Alabama has three but Mississippi only one.
The granularity of the map goes beyond the state level, showing (in red) the economic heft of certain Metropolitan Statistical Areas (MSAs), within or across state lines. The New York City-Newark-Jersey City one is 20 hexagons, that is, 2 percent of the world's GDP. The Greater Toronto Area is five hexagons, a quarter of all of Canada. And Greater Mexico City is three hexagons. That's the same as the entire state of Oregon.
By comparison, South America (32) and Africa (27) are small fry on the GDP world map. But each little pond has its own big fish. In the former, it's Brazil (16), in particular, the state of São Paulo (5), which on its own is bigger than any other country in South America. In Africa, there is one regional leader each in the north, center, and south: Egypt (4), Nigeria (5), and South Africa (3), respectively.
Economically, Italy is bigger than Russia
Europe's "Big Five" represent three-fifths of the continent's GDP. The Asian part of the former Soviet Union is an economic afterthought.Credit: BerryBlue_BlueBerry, reproduced with kind permission
Europe is bewilderingly diverse, so it helps to focus on the "Big Five" economies: Germany (46), UK (33), France (31), Italy (22), and Spain (16). They comprise three-fifths of Europe's GDP.
Each of these five has one or more regional economic engines. In Germany, it's the state of North Rhine-Westphalia, and in France, it's Île de France (both 10). In the UK, it's obviously London (8), in Italy Lombardy (5), and in Spain, it's a photo-finish between Madrid and Catalonia (both 3).
Interesting about Europe's economies are the small countries that punch well above their geographic and/or demographic weight, such as the Netherlands (11) and Switzerland (9).
Slide across to Eastern Europe and things get pretty mono-hexagonal. Poland (7) stands out positively and Russia (18) negatively. The former superpower, spread out over two continents, has an economy smaller than Italy's. Three individual German states have a GDP larger than that of the Moscow Metropolitan Area (5), the seat and bulk of Russia's economic power.
China, the biggest fish in a big pond
Australia and South Korea's GDPs are about equal, and each is about a third of Japan's. But even put together, these three add up to barely half of China's economic weight.Credit: BerryBlue_BlueBerry, reproduced with kind permission
In the 1980s, the United States was wary of Japan's rise to global prominence. But as this map shows, that fear was misguided — or rather, slightly misdirected. It's China (177) that now dominates the region economically, putting even the land of the Rising Sun (57) in the shade. South Korea (19) and Taiwan (8) look a lot larger than on a "regular" map, but it's clear who rules the roost here.
Interestingly, China's hubs are mainly but not exclusively coastal. Yes, there's Guangdong (19), Jiangsu (18), and Shandong (13), plus a few other provinces with access to the sea. But the inland provinces of Henan (10), Sichuan (9), and Hubei (8) are economically as important as any mid-sized European country. Tibet (1) and Xinjiang (2), huge on the "regular" map, are almost invisible here.
In the ASEAN countries (36), Thailand (6), Singapore (4), and the Indonesian island of Java (7) stand out. Economically, Oceania is virtually synonymous with Australia (17) — sorry, New Zealand (3).
As for South Asia and the Middle East, India (32) is clearly the dominant player, outperforming near neighbors Bangladesh (4) and Pakistan (3), as well as more distant ones like Saudi Arabia (9), Turkey (8), and Iran (7). But that's cold comfort for a country that sees itself as a challenger to China's dominance.
The PPP-adjusted GDP world map looks slightly different from the nominal GDP one. China is the #1 country and East Asia the #1 region.Credit: BerryBlue_BlueBerry, reproduced with kind permission
Maps created by Reddit user BerryBlue_BlueBerry, reproduced with kind permission. For a closer look and for detailed rankings of the regions, check out both maps here at the MapPorn subreddit.
Strange Maps #1089
Got a strange map? Let me know at strangemaps@gmail.com.
Modular construction is on the rise. Once a marginal sector focused on building affordable homes, modular construction is now building an increasing share of structures used for commerce, healthcare, and education. By 2028, the modular construction market is projected to be worth $114 billion.
What is modular construction? It's like building with Legos but on an industrial scale: standardized block-shaped modules are constructed in a factory, transported to a building site, and assembled together to form a habitable structure.
What's most striking about modular buildings isn't appearance but the speed of construction. In 2015, for example, a Chinese construction company built a 57-story glass-and-concrete skyscraper made of 2,736 rectangular modules in a record-breaking 19 days. That's three stories per day.
In addition to speed, modular construction promises to be more modifiable, more transportable, and less wasteful than traditional construction methods. The method could transform construction, which, despite being one of the world's biggest sectors, is one of the slowest growing in terms of labor productivity and digitization.
One modular construction firm aiming to bring the sector into the 21st century is iMod Structures, which builds shipping container-sized modules that can be assembled into buildings. The modules can then be disassembled to modify the existing structure or transported to a different site to build a new one.
Freethink recently visited iMod Structures to get an up-close look at its unique spin on modular construction.
Do buildings have to be permanent? | Hard Reset by Freethink www.youtube.com
Techniques like this could help bring construction into the 21st century. But despite its futuristic and transformative appeal, modular construction is far from a new idea. In fact, the history of prefabrication — the broader category of construction to which modular belongs — goes back centuries.
Prefabrication: From 17th-century cottages to diners to skyscrapers
One of the earliest examples of prefabrication came in 1624, when a colonial American fisherman commissioned an English construction company to fabricate components of a building and ship them overseas to the fishing village of Cap Anne.
In the 17th and 18th centuries, English firms also shipped prefabricated structures — storehouses, cottages, and hospitals — to Australia, South Africa, and New Zealand. In the U.S., prefabricated homes became popular during the Gold Rush when California towns had too many people but too few houses.
In the early 20th century, mass-production made modular construction more practical and, sometimes, more popular. From 1908 to 1940, Sears sold about 70,000 kit homes across the country; some of the cheapest models started around $160. (Kit homes were like IKEA products: the manufacturer builds and precuts the parts, and the buyer assembles them.)
Still, prefabricated homes weren't particularly popular in the first half of the 20th century; homebuyers generally viewed the structures — especially the metal and experimental ones — as strange and undesirable.
Pre fabricated house shipped via boxcarThe Aladdin Company via Wikipedia
But appearance wasn't a major concern during World War II. Facing huge demand for cheap and simple housing for soldiers in the early 1940s, the U.S. produced hundreds of thousands of Quonset huts — prefabricated, semi-cylindrical structures made of corrugated galvanized steel — which about six unskilled laborers could construct in a day.
A Quonset hut being put in place at the 598th Engineer Base Depot in Japan, post-World War IIUS Army Corps of Engineers via Wikipedia
After the war, millions of U.S. soldiers returned home, and the nation faced a housing shortage crisis. Hundreds of companies entered the prefabricated housing market, with several receiving support from the federal government. One of the most iconic models was the enameled-steel Lustron house, which cost $7,000 to $10,000, took two weeks to assemble, and promised to "defy weather, wear, and time."
Lustron HouseAdirondack Architectural Heritage
By 1958, roughly 10 percent of all homes in the U.S. were prefabricated. In addition to homes, the prefabrication industry also built thousands of diners throughout the 20th century, especially after World War II when owning a prefabricated diner was a decent small-business opportunity. Popular in New Jersey, the narrow diners could easily be shipped to buyers by rail.
Interior of a 1938 Sterling manufactured diner, with curved ceiling, in Wellsboro, PennsylvaniaI, Ruhrfisch via Wikipedia
Despite the post-war boom, modular construction never really caught on in most parts of the world, though many architects and builders have long been attracted to the method. Some of the reasons include consumer perception that modular homes are unattractive, technological constraints, and the high costs of researching and developing new building techniques.
These challenges can be prohibitive, especially for large-scale projects.
"Building anything over 10 stories in modular is something no one has wanted to do because you have to invest in research and development," Susi Yu, executive vice president of residential development for the Forest City Ratner Corporation, told Fast Company. "There's science behind it that you need to figure out."
But attitudes on modular buildings may be shifting.
"Today, modular construction is experiencing a new wave of attention and investment, and several factors suggest it may have renewed staying power," noted a 2019 report from the consulting firm McKinsey & Company. "The maturing of digital tools has radically changed the modular-construction proposition — for instance, by facilitating the design of modules and optimizing delivery logistics. Consumer perceptions of prefab housing are beginning to change, particularly as new, more varied material choices improve the visual appeal of prefab buildings."
The report goes on: "Perhaps most important, we see a change in mind-set among construction-sector CEOs, as many leaders see technology-based disruptors entering the scene — and realizing it may be time to reposition themselves."
In recent decades, construction firms around the world have built all kinds of modular buildings, including modular skyscrapers in the U.K., U.S., and China; containerized homes in Mexico; and classrooms in rural South Africa.
"In many countries, modular construction is still very much an outlier," McKinsey noted. "But there are strong signs of what could be a genuine broad-scale disruption in the making. It is already drawing in new competitors — and it will most likely create new winners and losers across the entire construction ecosystem."
The benefits of modular construction
Modular construction has the potential to deliver $22 billion in annual savings to U.S. and European markets, mainly because of the inherent benefits of building components in a controlled factory setting. The Modular Building Institute lists a few examples:
- Shorter construction schedule. Because construction of modular buildings can occur simultaneously with the site and foundation work, projects can be completed 30 percent to 50 percent sooner than traditional construction.
- Elimination of weather delays. 60 to 90 percent of the construction is completed inside a factory, which mitigates the risk of weather delays. Buildings are occupied sooner, creating a faster return on investment.
- Improved air quality. Because the modular structure is substantially completed in a factory controlled setting using dry materials, there's virtually no potential for high levels of moisture (which can cause mold growth) to get trapped in the new construction.
- Less material waste. When building in a factory, waste is eliminated by recycling materials, controlling inventory, and protecting building materials.
- Safer construction. The indoor construction environment reduces the risks of accidents and related liabilities for workers.
But perhaps the biggest benefit of modular construction is relocatability and modifiability.
Future-proofing buildings and cities
Buildings are hard to modify and practically impossible to move. That's a problem for many organizations, including the Los Angeles Unified School District. The district currently maintains thousands of decades-old trailers it built to accommodate a fast-growing student population.
Seeking to replace those trailers with structures, the district partnered with iMod Structures to build "future proof" modular classrooms that can be reconfigured and relocated, depending on fluctuating enrollment levels.
"If you have one of our classrooms in a particular location and 5, 10, or 20 years later, you need them across town at another campus within the school district, you simply disassemble, relocate, and reassemble them where they are needed," Craig Severance, Principal with iMod Structures, said in a statement. "And it can be done within a few days, minimizing school [downtime] and disruption of our children's education."
iMod Structures classroomiMod Structures
Founded in 2009 by former real estate investors John Diserens and Craig Severance, iMod Structures takes a hyper-efficient approach to modular construction. Instead of making many types of prefabricated components, the firm makes only one standardized block-shaped frame, each roughly the size of a shipping container. The firm builds the frames in factories and then outfits them with walls, windows, and other custom features the client wants.
Because the frames have the dimensions of a standard shipping container, they can be easily transported to the building site by truck or rail. On site, the frames are connected together or stacked on top of each other. Once the structure is intact, workers finish the job by adding plumbing, electricity, and other final touches.
The process saves a lot of time.
"Typically, it would take nine to 15 months to manufacture a classroom out in the field," said Mike McKibbin, the head of operations for iMod. "We're doing that in twelve days."
Movable neighborhoods
Today, iMod Structures is focusing on future-proofing classrooms in California. But it's not hard to imagine how this kind of modular construction could transform not only the ways we build buildings but also organize cities. For example, if a company wants to set up offices in a new part of town, it could build an office park out of iMod Structures frames.
But what if the company needs to expand? It could attach more modules to its existing structure. If it needs to shut down? Instead of demolishing the office park, the structure could be modified and converted into, say, a hospital or apartment building. Alternatively, the modules could be removed from the site, and reused elsewhere, so the city could construct a park.
Under this kind of framework, cities could become far more flexible and dynamic, able to quickly adapt to changing needs. And with no need to demolish buildings, modular construction could prove far more sustainable than any method the industry uses today.
"We don't want our buildings to ever end up in a landfill. Ever," said Reed Walker, head of production and design at iMod Structures. "We want to take that system and use it again and again and again."
