Unlike animals, humans are technical beings. Our culture, beliefs, and way of life have all been affected and modeled by different advancements that have occurred throughout history. Technology has turned the world into a global experience, and it has become a primary driving force behind the development of new mobile, flexible, collaborative work practices and office design trends. By accident technical progress doesn’t happen. It owes a great deal to our forebears and their achievements, and knowledge transmission to the next generation allows human culture to continue to progress without having to start from scratch every time. The process accelerates, as time goes on. Technology progressed in a linear and regionalized manner. In recent years, however, knowledge has expanded globally and exponentially. The world has become a more connected place, and innovation has accelerated at a high speed, transforming our lives in new technologies and lifestyles.
In just a few months, the COVID-19 crisis has ushered in years of change
in the way firms in all sectors and region’s function. Companies have reduced
the time it takes to digitize their customer and supply-chain relationships, as
well as their internal activities, by three to four years. In addition, the
share of digital or digitally enabled products in their portfolios has
increased by seven years. Companies have put in place at least interim
solutions to fulfil many of the increased demands placed on them, and they did
so far faster than they anticipated before the crisis. To stay competitive in
this new commercial and economic environment, you must modify your tactics and
strategies.
Technology's strategic function should be viewed as a critical component
of a company's operations, not just as a cost-cutting tool.
TECHNOLOGY and Its
Effect on CULTURE AND WORK
Every aspect of life, including the job, has been affected by
technological advancements. Because we can access the internet from a variety
of mobile devices, we can work from anywhere and at any time. Users may access
apps, data, and corporate services from any location with an internet
connection thanks to the cloud, recasting work as a mobile and flexible
activity. We no longer need to be bound to a desk to complete our daily tasks
because work may now join us wherever we go. The traditional idea of the office
as a place where we sit for eight hours a day is giving way to a more flexible
and dynamic model that allows for a variety of communication and collaboration
options. Workers have more control over their jobs wherever they are because of
the technological advances in these new work environments, which include
anything from checking email and editing papers to getting real-time
information on workspace occupancy and meeting room availability. People have
control over the office's temperature and lighting, as well as
videoconferencing and audio-visual equipment. As technology becomes
more widely available, a new trend has emerged: technology consumerization. New
technologies are more likely to appear in the consumer sector before making
their way into the workplace, meaning that the average employee has better
technology at home than at work. As new digital technologies advance,
businesses must understand the five key factors that are responsible for the
construction of a new technological future.
• The search for AI-assisted intelligent systems
• The requirement for more effective human-machine interfaces
• The growth of interconnected systems
• The need for improved communication technology
- The
arrival of Quantum technologies.
GEN y and Z
Generation Y (or millennials) and generation Z (or centennials) are predicted to account for 60% of the global workforce by 2020. As a result of technological developments and the admission of these new workers, change in the workplace has begun to materialize, and as millennials advance in their careers, this tendency will increase. Young people who have been exposed to technology since childhood have very different desires and ambitions than their predecessors. As a result, businesses will have to reconsider how they manage their workforce. To fulfil the requirements of a population that will eventually account for more than half of the world's active population, workplaces, human resource policies, and leadership styles must develop.
One of the traits that divide millennials and centennials is that technology will be crucial in boosting productivity, expediting jobs, aid projects, and organizing social activities in current working environments. Organizations must employ technology to meet the needs of new generations, find innovative ways to execute daily tasks, and stay connected.
CONCLUSION
Amid the COVID-19 challenge, the concept of technology adoption at a high rate isn't new. It is a historic tipping point that will need even more adjustments as the economic and human situation evolves. Some key lessons can be derived from the steps that firms have already taken. One is the importance of learning, both tactically and organizationally, in the process of implementing certain organizational. Because the rate of change is unlikely to slow down in the future, both types of learning will be necessary.
Technological capabilities stand out as crucial success factors during the crisis. The most significant differences between successful organizations and all others are talent, the application of cutting-edge technologies, and a number of other traits. In today's digital age, artificial intelligence (AI) and the Internet of Things (IoT) are merging to make products and enterprises smarter, more responsive, and linked. Organizations must take care when implementing new technologies soon or late. Business executives must know when to examine and accept new technologies in order for the necessary investments to provide the best returns and competitive advantage in order to stay ahead of the competition.
Businesses must execute three important projects to keep ahead of the
technology curve:
· Newer technologies that have been identified as having a strategic
impact on the business
· Pilot programs suited for adolescent, early mainstream technologies,
regardless of their impact on the business
· Adoption programs that will assist them
in integrating relevant technologies into their business processes
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