What, according to you, will the Workforce of Future look like?
The future of work was already being redefined by 2 major forces viz. emerging Technologies and changing Workforce demographics with many visible changes in the design and delivery of work processes through rapid automation and broad adoption of cognitive technologies like AI/IoT/ML etc. The recent Covid 19 pandemic has undoubtedly emerged as yet another major disruption and given its far reaching social, psychological and financial impacts, it has the potential to reconfigure work and the workforce of the future in many different ways. The workforce of the future should therefore be envisioned in the context of these major disruptive forces. A peek into the composition of this workforce could look something like this:
When we look at workplaces post-pandemic, what should be the new normal? What are top of the mind issues/priorities for key stakeholders – HR and employees?
For HR
For Employees
How can leaders strategise a way forward in these trying times?
Covid 19 is an unprecedented humanitarian challenge which has pushed individuals and businesses alike into completely uncharted territories. Navigating this crisis successfully and seizing the opportunities it presents to emerge stronger could well be the difference between Good and Great companies of the future. None of us have ever experienced an event like this in our lifetime and for the HR practitioner community in particular, helping to define what success could look like is vitally important. An interesting comparison that I came across suggested that while the global financial crisis of 2008 was a CFO challenge, Covid 19 is a CHRO challenge!!
The views are that of Amit Vaish, Executive Vice President & Chief Human Resources Officer, Kotak Life. He will be speaking at The Economic Times Workforce of the Future Summit, where the evolving nature of the workplace, and the evolving nature of work amid the continuing march of technology, AI, and automation, and more will be closely analyzed. To know more, click here.
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