{"id":933,"date":"2019-04-08T17:01:29","date_gmt":"2019-04-08T15:01:29","guid":{"rendered":"https:\/\/xpand.eu\/sa\/?p=933"},"modified":"2019-04-08T17:01:29","modified_gmt":"2019-04-08T15:01:29","slug":"transformational-entrepreneurship","status":"publish","type":"post","link":"https:\/\/xpand.one\/sa\/transformational-entrepreneurship\/","title":{"rendered":"Transformational Entrepreneurship"},"content":{"rendered":"
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Transformational Entrepreneurship<\/h2>\n

Today in Western Europe, only about 1% of people reach the age of 100. Yet, during the past century, our life expectancy has increased around two years every decade. Meaning, in the last fifty years, life expectancy has risen from 63 to 83 years. There are many reasons for the sharp increase in life expectancy. There has been a sharp decrease in the number of infants who die before their third birthday, because of better living conditions, access to healthcare, and improved food and nutrition. These developments are exciting and interesting, but what does that have to do with us entrepreneurs? In the very near future, people will have the potential to be productive between their twentieth and ninetieth year of life. Yet, the speed of technological developments will ensure that by 2035 only 50% of our current jobs will exist (conservative estimate of the World-Economic Forum in Davos, 2017). To combat the loss, new jobs will be created, but many of those are only expected to last a few decades. As a result, many people will have to choose a new profession about every fifteen years of their life. If you are allowed to work for sixty years after completing your degree (say after your twenty-fifth birthday), this means that you will have to (or should) choose a new profession about four times in your life. In the future, it will be perfectly normal to return to school at the age of 60 and be next to an 18-year-old, and, after your two to three years of education, you will both start at the same level.<\/p>\n

During the transition when you learn a new job, you will have to prepare yourself both financially and mentally. It will be necessary to act entrepreneurial \u2013 whether you have an entrepreneurial talent or not. In their book The 100-Year Life (2016), Lynda Gratton and Andrew Scott describe five competencies needed to live in a future where 50% of all people will live to be a 100. Lets look at 1 that is vital for those who will need to become Entrepreneurs, the transformational competence.<\/p>\n

Transformation competence<\/strong><\/p>\n