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Diane Mulcahy shares an article published in the Harvard Review that explores how the indicators of success in the gig economy are changing. The winners and losers in the U.S. economy have traditionally been easy to identify. If you had a full-time job, you won. A full-time job provided the steady income needed to support our traditional version of the American Dream: the highly leveraged, high-fixed-cost house; the cars; the latest consumer goods. A full-time job was also the only…
Diane Mulcahy shares an article published in the Harvard Business Revue that identifies myths surrounding venture capitalists. Steve Jobs, Mark Zuckerberg, Sergey Brin: We celebrate these entrepreneurs for their successes, and often equally extol the venture capitalists who backed their start-ups and share in their glory. Well-known VC firms such as Kleiner Perkins and Sequoia have cultivated a branded mystique around their ability to find and finance the most successful young companies. Forbes identifies the top individual VCs on its…
In this article published on Forbes.com, Diane Mulcahy shares an illuminating interview with Krystal Hicks where they discuss women in the gig economy and why companies don’t trust their employees. Krystal Hicks is the founder of JOBTALK, a company that grew out of her side gig providing talent, recruiting, and job-hunting advice to companies and individuals. Before going out on her own, she managed U.S. Talent Acquisition for the Swiss chocolate maker Lindt, and was the former Director of Career…
  Diane Mulcahy was recently interviewed for an article in Vogue Business magazine. The topic — should fashion freelancers unionise? The Covid-19 crisis has brought to light the lack of protection of freelancers and independent workers in the UK and US, forcing governments to adjust their policies to include them in income support schemes and sick leave. The crisis has also accentuated solidarity and camaraderie between fashion freelance workers, who have started to think about unionisation and self-organising. While organisations…
  As the world begins to realize there will be no return to normal, Diane Mulcahy shares an article that explores the need to rethink the future of work. Work was ripe for disruption long before 2020. The fundamental structure of work, and the ways we work, haven’t kept pace with technology, with corporate needs to access the right talent at the right time, or with workers’ preferences for greater flexibility and control. Now that it’s been disrupted – now…
  Diane Mulcahy was recently interviewed on the Ideas X People podcast where she discusses the gig economy and how to use it to your advantage. I actually created the MBA class on the gig economy at Babson College about seven years ago, and at the time, the gig economy was not even a thing that people talked about or even were aware of. When people I used to tell people the name of the course, they would ask me…
  Diane Mulcahy recently published an article on ADP.com that explains how companies can grow their contingent workforce and why they should. Shifts in corporate supply and demand as a result of the global health event, and the halt of business travel have led to an increase in contingent workers for many companies. Independent workers give businesses more flexibility to staff up and down as the market environment changes, and to access the precise skills, expertise, and experience where and…
  In this article for WorkMarket, Diane Mulcahy explains why gig workers may provide the solution you need to adapt to the current pandemic and changing business environment. The world, the economic environment, and the demands placed on your company are all changing in unexpected ways. The difference between succeeding or failing to manage through a crisis can depend on your ability to add staff to critical functions, and access the exact skills and experience needed to respond to a…
  Diane Mulcahy explains why the current model of the office worker is difficult to change despite the evidence of increased productivity from the remote worker. No one expected (or wanted) remote work to scale because of a virus and subsequent global pandemic. But, here we are.  The battle for remote work has been ongoing. Employees want the choice and flexibility to work outside the office at least some of the time, but many companies and even more managers resist…
  Diane Mulcahy provides valuable questions to help discern the compatibility of an investor before accepting funds for your next project.  In the race to get the check in hand, most entrepreneurs don’t do in-depth due diligence — or any due diligence — on the venture capital (VC) firms they pitch. Founding teams eager to raise capital to grow their companies enter into long-term partnerships with VC firms they don’t know well. It’s a risky strategy that can leave startup…
  Diane Mulcahy interviews Krystal Hicks to find out why some companies don’t hire remote employees, and how the Gig Economy has shifted the power balance between employers and employees.   Krystal Hicks is the founder of JOBTALK, a company that grew out of her side gig providing talent, recruiting, and job-hunting advice to companies and individuals. Before going out on her own, she managed U.S. Talent Acquisition for the Swiss chocolate maker Lindt, and was the former Director of…