By line: Cathleen Benko and Molly Anderson
“Sometimes reality stares you in the face and it’s still hard to believe. The collapse of the one-size-fits-all image of a corporate ladder is an example. But the corporate ladder is vanishing, and it’s getting more and more difficult to deny the changing world of work.
The enduring model for how companies have managed their work and their people since the beginning of the industrial revolution, the ladder represented an efficient though inflexible paradigm in which prestige, rewards, access to information, influence, power and so on, tied directly to the rung you occupied. The problem is that we no longer live in an industrial age–nor is the workforce the uniform group it once was.”