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The Gig Economy

BOOK REVIEW

Title:   The Gig Economy
Author: Diane Mulcahy
Publisher: AMACOM (American Management Association)
List Price:   $22.00
Format: Hard cover, 240 ages
Publication Date:   Nov 2016       
ISBN: 9780814437346
Reviewer:     Sam Varghese
Review Date: January 2017

 


Introduction

‘Stop looking for a job and start creating your Gig Economy Life’ is the closing sentence of the Introduction chapter. I could not agree more coming from an IT field and currently doing contracting gig work.

The book has 10 rules to succeed in the Gig Economy, expanded in the chapters. The author explains that this work style existed for quite some time but the difference is now it affecting middle class and white collar workers. The introduction also highlights that this economy is mainly for skilled people. For others with ‘bad jobs’ they getter some better options to do better work in this new economy. The author indicates that the traditional full time work still dominates in terms of percentage of the working population but the gig economy worker percentage is growing rapidly.

Ultimately the author talks about envisioning the professional and personal success each person dreams about and making that happen through this Gig Economy. Some of the examples of companies that facilitate this economy are Uber, TaskRabbit, Upwork.

Overview of Book’s Structure

This book is nicely laid out into 3 parts:

Part 1 – Getting Better Work

This section covers more about what success means to you personally; based on your values & priorities, good job, good career, good life. It also includes a chapter on diversifying the gigs by categorizing them as gigs to experiment vs. gigs to learn by doing vs. gigs to do what you really want to do. Also talks about the risks of over diversification. The third chapter talks about creating your security by building ones skills, building a pipeline of opportunities, creating multiple sources of income and by keeping fixed costs low. The last and fourth chapter talks about connecting without networking through inbound connect through writing and speaking and outbound connecting through joining special interest groups and by leveraging technology.

Part 2 – Taking More Time Off

Chapter five talks about facing ones fear by reducing risk, by mitigating it, by insuring it, by shifting it, by eliminating it and by accepting it. Chapter six helps navigate through taking time off between gigs. This time could be travel or pursuing a passion, volunteering, completing personal projects. The chapter also covers planning the time off including financing this time, others opinion, minding the gap on ones resume and the reason behind why you are doing what you are doing. The last chapter in this section is chapter seven being mindful of time that helps navigate through a manager vs. makers schedule type of time management. The chapter also talks about expanding time by engaging in new experiences, by giving time away, by becoming powerful and by combining physical and mental tasks.

More…

To read entire Book Review, click here

 


 

About the Review                                                    


Sam Varghese, PMP

Texas, USA

 


Sam Varghese
is a PMP Certified IT Management professional with a focus on increasing customer business value through better customer engagement and digital commerce leveraging technology and his 18 years of business and Big 5 IT industry experience.

Email address: sam@aetos-solutions.com

 

Editor’s note: This book review was the result of a partnership between the publisher, PM World and the PMI Dallas Chapter. Authors and publishers provide the books to PM World; books are delivered to the PMI Dallas Chapter, where they are offered free to PMI members to review; book reviews are published in the PM World Journal and PM World Library. PMI Dallas Chapter members can keep the books as well as claim PDUs for PMP recertification when their reviews are published. Chapter members are generally mid-career professionals, the audience for most project management books.

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