CEOs will need to address this concern one way or another- what will be the impact of the digital economy on my workforce?
Globalization, automation, technology and constant innovation are redefining the nature of employment. Digital economy plays an integral role in all these changes, whether it be the digital connectivity between systems, processes, devices, companies and people all across the global platform. Examples include drone application, robotics and AI.
Tomorrow’s workforce will be fundamentally different from today’s. If businesses are to succeed, they must evolve with the change. Preparation entails companies to reimagine their workforce development programs and skill readjustments to make it to the next level.
Adaptation Driven By A Changing Workforce
Economies world over need to adapt to stay relevant. Newer platforms enable organization of economic activity that was accomplished by full time workers before. There’s outsourcing and remote staffing where projects can be handed to teams or outsourced individuals who have specialized skills and knowledge within the industry’s parameters.
Staff Leverage gives businesses an unfair advantage over competition by providing top-quality remote staff outsourcing solutions. The company can be relied on for various traditional work loads such as Admin, Accounts, Marketing, Engineering, and newer ones like Design, Websites and App Development. The remote staff are conveniently trained, coached, and co-managed for clients.
Executives can make use of their time more efficiently once knowledge processes and organizational micromanagement gets passed on to a remote workforce. Now, they’ll be able to do the more important tasks such as working on increasing brand satisfaction and focusing in on how they can innovate their products or services better.
Freelance workers are on the rise, along with smart machines, AI and technology. We can safely say that they will be here and greatly contributing on the rapidly-changing landscape of global and corporate workforce. CEOs must be able to wield today’s technology to augment work and drive productivity and efficiency to new heights. Moreover, they must be able to minimize costs and allocate precious resources where it’s needed most.