THE EMERGING TECHNOLOGY OF THE NEW ERA – EMBRACING THE FUTURE OF WORK

Dating back to early 1700, people had always looked for ways and means to find and put a novel way of working and living which fundamentally resulted in a transformed society. Over time, what started from producing products and services through hard labor has evolved into finding and using natural resources such as iron and steel to make machines that yield much higher productivity vs. manual labor. In early 2000 when the growth spurt of globalization went on full throttle, the use of information technology to enable innovation, sound decision making, and optimum productivity began to set its footprint in some industries. However, fast forward to 2020, when the pandemic hit, the global business landscape suddenly rattled, and the need to shift the course of doing things has never been so radical. Not only did this pandemic alter our home and private lives – dramatically, it forced many business owners to shut down their businesses, resulting in the loss of many jobs.

 “What went wrong? —- “If it ain’t broke – don’t fix it.”

Fear and ‘analysis paralysis’ have created in some managers and workers a misconception that evolving their business processes and capitalizing on emerging technologies such as cloud-based computing is an optional “expense” rather than a required “investment”. This is not the time to pause or reflect, globalization and the technology evolution that accompanies it is only going to speed up and all companies in all market sectors will need to innovate quickly or risk a plateau state, which in this labor market and inflationary cycle, will eventually become an inevitable slide to the bottom quadrant in regards to both their business revenues and employee pool.

“Embracing the Future of Work.”

While organizations need to be anchored to their legacy principles and processes to remain rooted, business leaders need to embrace speedy innovation through information technology and cloud computing. They will realize that information technology gives freedom to bring in the right perspective and enables the organization to create its blueprints for the future and address the dilemma in “wanting to do something” but “not being able to”. Lastly, treating technology as an enabler will also give the organization freedom from threats of change.  

about author

Loryn

loryn@3.133.121.24

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Leave a Reply