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Managing people in the gig economy

The gig economy, where workers are independent contractors with flexible arrangements, offers great benefits to both sides. It gives startups, as well as established businesses the opportunity to tap into a pool of talent as and when required, outsource certain tasks and stay lean. On the other hand, it gives independent workers the freedom to work when and where they choose, maximising their time and income. Over the last three years, the number of workers taking part in the gig economy in the UK has doubled, showing the increasing popularity of the flexible arrangements. Recent advantages in machine learning and artificial intelligence mean that algorithms can now quickly adjust and manage

How to make better decisions faster

A typical person makes about 2000 decisions every waking hour, from minor instinctive decisions through to impactful ones with serious consequences. With the volume of the decisions we are making every day, in and out of the workplace, it’s understandable that not all of them are easy to make and not all of them will always be good decisions. Successful leaders help their people to make better decisions faster through building on their strengths and creating a workplace in which smart decisions are encouraged and respected. An environment where people question each other’s decisions can create mistrust, lower confidence and slow the business down. On the other hand, delegating more responsib

 

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