What if you could tap into your social net (or even strangers) and ditch time intensive information tasks that you have to do in favor of the higher value stuff that you're best at? After an experiment in "lifesourcing" some work to India, I believe such a scenario might become common in the business world or even more widely - one day. Here's my story and where I think this could lead.
I first heard about lifesourcing - e.g. personal outsourcing - last summer when I read Tim Ferriss' runaway bestseller, The Four Hour Workweek. His mantra is to free yourself up to do the stuff you and only you are best at. Seth Godin covers a similar theme in The Dip.
Though it's very early, my gut says that it's conceivable that as people cope with the Attention Crash, they will zero in on their core competencies and seek to offload the rest in order to become more productive and remain competitive in the workplace. There are several forces at work here: the massive and independent-thinking Gen Y workforce, big time disruptions in IT, the growing ubiquity of social networking and peer-to-peer platforms and the rise of a giant talent pool in Chindia.
Back when I read Tim's book, I didn't see an immediate fit for lifesourcing in my day-to-day as an executive at Edelman. In fact, given that so much of what I deal with is confidential client information, it's darn near impossible.
Still, I remained extremely intrigued to run a pilot. It seems to bridge to a growing "digital nomadism" movement. For more, check out what my former colleague Mike Elgan and folks like Lea Woodward and Skellie are writing about.
My blog seemed like a natural place to dabble in lifesourcing since since pretty much everything I do here eventually enters the public domain. So, on Tim's recommendation, I posted a job on Elance. I searched for someone who could take my raw reader survey data and convert it into percentages and nice charts. This was a rather trivial assignment. However, for an Excel-challenged dude like me it was a major timesaver.
Even though the job was small, I was stunned when dozens of bids flowed in within the first few hours. The bidders seemed extremely aggressive and hungry for the job. After 24 hours of fervent bidding, I selected Sri from India based on his feedback rating, correspondence, experience and price. I also selected him because I was eager test a project with someone based in India.
After some back and forth and a bit of clarification in what I was looking for, Sri got to work. The amazing thing is that almost all of his emails came during my workday, not his. Sri turned around the job quickly and professionally and it cost me all of $50 - the Elance minimum. (I will share the charts in a subsequent post.)
Granted, this was a very simple assignment that probably anyone (but me) can do in an hour or two. Still, I was impressed. And it gets me thinking about where this might go when you combine lifesourcing and social networking - especially if the costs come down.
Social networking and online real-time communication/collaboration tools are a way of life for many Gen Yers. They already use these systems to get stuff done both inside and outside the enterprise.
Over the next five years I believe that lifesourcing will become a core part of every social network, be it b2b or b2c. Like IM or corporate blogging, social lifesourcing will start as a bottom-up movement as workers tap into the Net to get work done in the most efficient way possible, no matter where these resources may be. A groundswell may build as word spreads and workers try hard to compete with those who are farming out work elsewhere.
Still, there are big pitfalls. It's a guarantee that companies will try to put the kibosh on such activities as their information seeps beyond their virtual walls. This is already happening on social networks. Many employees have water cooler groups on Facebook. Others are dabbling in using LinkedIn to get questions answered.
It's conceivable that these interactions will migrate from simple collaboration to peer-to-peer transactions over the next few years. The implications here - if this happens en masse - are huge. People will focus on their core competencies. This in theory will make everyone more productive and prosperous. However, it remains to be seen if this will become a mass trend given all the inherent risk.
