Future Of Work

The current situation has transformed the mode of work. We see a shift from timesheet orientation to performance and productivity orientation. It made a lot of us realize that the number of quality hours that we put in is more important than the individual hours that we log which clearly states the importance is finally given to the skills and efficiency.

In such uncertain times, the one that made corporates handle such situations better is digitalization. It has also lead to a change of mindset. Digitalization has made it possible with the tools and metrics even to evaluate the performance of the individual. The shift is also seen from micromanaging of the employees to focusing on the outputs, productivity, and performance. With new work models, the firms have started to see that flexibility, agility, productivity, cost savings are the essential parameters that are driving the decisions of the organization.

It has allowed redefining work from executing just the routine tasks to addressing the unseen opportunities and problems creatively. The shift from skills to capabilities has put into work of human qualities and has opened opportunities to a wider pool. The help of the application of RPA and AI technologies has led to unmatched opportunities to improve efficiency and productivity.

The focus needs to be on workforce transformation than just merely redefining a particular role. DBA digital business agility helps in the transformation of work depending on the organization’s ability to react and understand the threats and opportunities. Hyperawareness informed decision making, fast execution is three main pillars of DBA which are the technology-enabled capabilities. They help in forming the foundation for the entire enterprise.

Hyperawareness helps in sensing what’s happening in the firm and surface insights of employees and also the marketplace. Informed decision-making helps in empowering the workforce in making better decisions at every step with the help of data and analytics. Fast execution helps in efficiently managing the talent by the rapid response to the decisions which are being informed.

The new-age technologies shall help in transcending the boundaries internationally. Ultimately it’s in the hands of people who determine the success where workforce transformation holds huge benefits for employees, leaders, and the firm by itself. The future shall push the digital lifestyle further, considering the tech-based habits we all ate used to now. The switch has unfolded greatly in the year 2020.

As we see the workforce has expanded to a level of the broader spectrum of models of employment by working in new ways and new places whilst the talent management mindset of attracting and retain is giving has also led to new approaches. But the real magic and success are seen only when teams can solve the new issues/problems by creating new value and relationships.