Since the pandemic struck out, a lot of things have changed. We are clearly in a new era, almost everything has had to change. The business world has also changed a lot. It is a new era in business.
Many businesses are still finding their feet since the pandemic has disrupted our working lives and upended our way of life. It is something that no one could have predicted and so everyone was affected in one way or another.
Some businesses did not accept to be crippled by the pandemic; they did not let the pandemic define them. These are the businesses that are living in the new era and are learning everyday on how to get the most out of the new era.
There’s no denying the fluidity and volatility of doing business right now. The complex transition to a new blended business model known as “hybrid” is raising a plethora of issues — from safety, to new corporate governance and risk/liability factors, to real estate and physical/virtual work, to new operating models, to employee engagement and retention.
In the new age, technology is very important to adopting a business strategy that will do well in the current climate. VMware Cloud Technology Lead, Lee Syse, talked of how technology can be integrated to the new era of business and make everything easier than it was before the pandemic.
“For organizations, CIOs are having new roles and are being put at the forefront because in this era technology matters a lot. CIOs are helping organizations get into the new era of business,” Syse noted.
Businesses large and small continue to be forced to reexamine how they will operate in this unchartered territory, and one thing has become universally clear: How organizations have operated in the past likely won’t translate to this new era of dynamic, multifaceted working environments. As everyone is deliberating on the right way to shift back to “normal,” many business leaders are stuck in an old way of thinking with legacy business principles and antiquated operating models.
If there’s anything we should have learned from this past year, it is that the notion of a 9-to-5 workday is no longer applicable. This outdated “command and control” management of workforces can also tell your employees that you haven’t taken their needs and concerns into consideration.
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