The multi-dimensional space of the futures of work

Purpose The authors present nine dimensions to provide structure for the many Futures of Work (FoW). This is done to advance a more sociotechnical and nuanced approach to the FoW, which is too-often articulated as singular and unidimensional. Futurists emphasize they do not predict the future, but rather, build a number of possible futures – in plural – often in the form of scenarios constructed based on key dimensions. Such scenarios help decision-makers consider alternative actions by providing structured frames for careful analyses. It is useful that the dimensions be dichotomous. Here, the authors focus specifically on the futures of knowledge work.Design/methodology/approach Building from a sustained review of the FoW literature, from a variety of disciplines, this study derives the nine dimensions.Findings The nine FoW dimensions are: Locus of Place, Locus of Decision-making, Structure of Work, Technologies’ Roles, Work–Life, Worker Expectations, Leadership Model, Firm’s Value Creation and Labor Market Structure. Use of the dimensions is illustrated by constructing sample scenarios.Originality/value While FoW is multi-dimensional, most FoW writing has focused on one or two dimensions, often highlighting positive or negative possibilities. Empirical papers, by their nature, are focused on just one dimension that is supported by data. However, future-oriented policy reports tend are more often multi-faceted analyses and serve here as the model for what we present.

Recruitment Through AI in Selected Indian Companies

Artificial intelligence (AI) is being used very pervasively with the ever-evolving and competitive business world and has become the 21st-century buzzword. Countless innovations in technology have pushed businesses to make their value creation processes more effective and customer friendly. Digitization has played a significant role in reshaping the different human resource functions and processes. This study aims to elucidate the acceptance of automation in human resource management by employers and the degree to which recruiters can use AI to hire people. The study incorporates a thematic analysis approach, and the data is collected from primary sources by conducting semi-structured interviews with four experts working in IT organizations. This research would be useful for recruiters and HR managers to consider the fields of AI implementation and management to take advantage of cost-cutting technical developments.

The Impact of Extended-Time Proppant Conductivity Impairment on the Ultimate Recovery from Unconventional Horizontal Well Completions

The stimulation design of hydraulically fractured wells has always pitted the engineer's capability to maximize the fracture extent (or fracture half-length within the formation) versus the conductivity of the fracture pack generated by the deposited proppant material. In essence, the area of productive reservoir rock contacted by the hydraulic fracture treatment needs to be appropriately engineered to remain connected to the wellbore over the life of the well to maximize reservoir recovery. The completion design of multi-stage hydraulically fractured horizontal wells has been driven by their application to unconventional oil and gas reservoirs. This has primarily occurred in North America where most of the wells drilled and completed were operated by small, private, or upstream-only independent public companies. Metrics used to evaluate performance and completion design changes were short-term in nature and typically focused on parameters such as peak-month production, 90- or 180-day cumulative production; or at longest, the first year or two of cumulative production. Capital efficiency, and capital return or well payout were drivers of value creation in an environment where the well inventory was viewed as extensive if not unlimited and the quick recycling of invested capital created the illusion of value creation. Short-term performance metrics give credence to fracture designs that value most the early-time production that is dominated by rate acceleration. The work presented in this paper shows a comparison of fracture designs in deep unconventional formations looking to minimize cost by pumping all sand proppants versus a focus on ultimate recovery from the reservoir with designs that are more applicable to the stress regime. The work shows the importance of maintaining the wellbore connectivity to the reservoir by designing fracture treatments using proppant conductivity decline data measured over an extended-time period of months or years to maximize ultimate recovery from the reservoir. This approach will be critical to those E&P companies who view their well inventory or resource base as finite and consequently place a priority on maximizing recovery from the reservoir.

Platformed professionalization: Labor, assets, and earning a livelihood through Airbnb

This paper analyses processes of professionalization on Airbnb in Berlin, exploring who is able to take part most successfully in urban value creation processes facilitated by short-term rental platforms. In doing so, it intervenes in debates on platform urbanism that focus on the role of digital platforms in reconfiguring urban governance and livelihoods. Combining a political economic approach and affordance theory, I conceptualize professionalization as a particular platform logic that benefits Airbnb and hosts who are able to take part, while reinforcing existing inequalities. Drawing on eight months of fieldwork in Berlin, I show how these professionalization practices differentially affect the strategies and practices of hosts, offering benefits to some while worsening the position of others who are unable or unwilling to professionalize. As such, professionalization processes produce inequalities and power asymmetries both on and off the platform, between hosts as well as between the platform owner and platform users. In a context where a growing number of city-dwellers rely on platforms to generate their livelihoods, such power shifts resulting from platform dynamics have a significant impact on who is able to benefit from platformization and thrive in a platform society.

Property development activities: value creation or distraction for REITs?

PurposeThis paper examines the evolution and impact of property development activities on REIT performance. The paper provides insights on whether REITs should venture into property development in addition to their core-business of holding income producing properties.Design/methodology/approachThis paper charts and highlights the evolution of development activities of US REITs from 1992 to 2020. The Tobin's Q of property developing REITs and non-property developing REITs are compared using univariate analysis.FindingsDevelopment activities of US REITs grew dramatically during the run up to global financial crisis (GFC) in 2008. The level of development activities has dropped since the GFC and it has not return to its pre-crisis peak. In comparison, development activities of listed property investment companies and homebuilders are less volatile over the same period. The data reveals that property developing REITs enjoy significantly higher Tobin's Q as compared to their non-developing counterparts.Practical implicationsOur graphical evidence from a market without development restriction suggests that development restriction in other REIT regimes has it value in limit REITs' excessive risk-taking tendency during a booming property market. The positive relationship between Tobin's Q and the existence of property development activity support the value creation of this business activity to REITs.Originality/valueThis paper raises overbuilding as a potential cause of the underperformance of the REIT sector during the GFC.