A phrase we’ve all heard before - ‘jack of all trades, master of none’ - certainly some truth to it - albeit with some negative connotations.
In this episode we’re discussing generalists versus specialists - which is more preferable? Maybe there’s no right or wrong answer, as there are a multitude of advantages and disadvantages to both.
Whether you’re an employee or a business owner, this topic will apply to you, as you may already fit on one side of the fence on this one, possibly happy with where you are - perhaps you want to change your situation.
Generalists have a good understanding of a wide selection of topics and skills, often transferable across various situations. They can adapt quicker, navigate through uncertainty, and are able to offer a multitude of services, and be better at multi-tasking.
Specialists often earn more money because it takes longer to study to get to that position, becoming an expert your field. You’re often more sought-after by head-hunters, more likely to be a thought-leader, resolve high level issues and streamline work processes.
But on both sides of the scale, there are also disadvantages - it’s up to you to work out which is better to be in your own business situation. Have a listen as we delve deeper.
Resources we refer to in this episode:
https://innovationmanagement.se/2020/10/27/what-are-the-differences-and-advantages-between-a-specialist-and-a-generalist/
https://knowledge.wharton.upenn.edu/article/generalists-vs-specialists/
https://www.brainspire.com/blog/specialist-versus-generalist-in-todays-businesses-an-evaluation
Brought to you by Brummies Networking, the home of free, stripped-back business networking.
https://brummies-networking.co.uk
Brummies Networking on Twitter: @brummiesnet
BrumPod on Twitter - @brumpod
Produced by Audio Shed - https://audioshedpodcaststudio.co.uk
Twitter: @audioshedstudio
Music by Birocratic - birocratic.com
Twitter: @birocratic
BrumPod - The UK Small Business Podcast. BrumPod is designed for small businesses, because 2/3 of the hosts are small businesses! Our goal is to bring you topics that affect you as a fellow small business owner directly; everything from website tools and technology, changes in regulations, business networking tips, business growth.
BrumPod Hosts:
Richard Heathcote (Voice Over Artist) - https://www.richardheathcote.co.uk
Iwan Thomas (Business Coach) - http://www.iwanthomasassociates.co.uk
Jason Jones (Self Storage) - https://www.accessstorage.com
BrumPod027: With Jordan Patel from Art.Quarter, Birmingham's Newest And Most Adventurous Multi-Use Commercial & Retail Space Yet!
BrumPod026: Returning To The Office After Lockdown. Do You Want To? Do You Have To? How Different will It Be?
BrumPod025: How the hospitality industry needs a radical rethink, with guest Anthony Tattum from Big Cat Agency
BrumPod024: Will You Be Covered Post-COVID19? What Should You Be Checking Right Now? We Talk To An Insurance Broker
BrumPod023: How To Manage Flexible And Remote Working Employees Effectively In The New Normal
BrumPod022: Lockdown Week 7. How Is Life Changing? The Dangers Of Not Diversifying - Like Primark. And Gov Portal for Self-Employed Income Support Now Open
BrumPod021: Dealing With Stress During Lockdown With Martin Warrillow
BrumPod020: How Businesses Can Use Marketing And Social Media To Their Advantage During The Coronavirus Crisis
BrumPod019: Coronavirus - How Is it Affecting Small Business? How Can We Adapt And Survive? How The Government May Help. Plus Tips For Working From Home
BrumPod018: Brummies Networking's 5th Anniversary! Our Origins & Where We're Going. Plus, How Networking Has Changed With LinkedIn
BrumPod: Stick with us - Rich explains our absence - We will be back very soon!
BrumPod017: Should Schools Teach Entrepreneurialism? Learning, Skills and Qualifications As A Freelancer
BrumPod016: The Current And Future State Of The Modern Workplace
BrumPod015: Apps, Mobile Websites, Smart Technologies and Small Business - How Can They Help You?
BrumPod014: HS2 - A Revolution In Transport For Business, Or A Giant Waste Of Money?
BrumPod013: Our Old Friend GDPR - It Hasn't Gone Away! PLUS Downtime In Your Business For Good Mental Health
BrumPod012: Should Your Business Be On Instagram?
BrumPod011: What 3 Words could save your life? We discuss a revolution in mapping and addressing
BrumPod010: The changing face of the high street & what it means for businesses. And clean Air Zones; how will it affect you?
BrumPod009: 'Knowing Where To Tap' - a rough guide to market economics! (The fun way) & the equation Cost vs. Time vs. Value
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money