The Future of Work and Why It Will Be a Win for Customers and Organisations

Change is the law of life and those who look only to the past or present are certain to miss the future – John Fitzgerald Kennedy 

The above statement was made more than half a century ago but still holds the core.

The Internet revolution completely transformed our lives. Drastically affecting every sphere whether it be communication, travel, education, employment, and many more. Furthermore, the challenges faced by Organisations and employees alike during the Covid-19 disease were tackled by innovating the very fundamentals of work.

Now with the disease dwindling down it is certain that some practices may find their way back. But seeing how uncertain the future can be it is necessary to devise as well apply new working techniques for the benefit of both Customers and Organisations.

Workplace Flexibility is A Necessity

Workplace flexibility is not only beneficial for employees who prefer the Hybrid work model over the full-time office or full-time remote work. But also organizations as it helps them to reduce their expenditure spent on rent, electricity, and other utilities.

This will not only assist organisations to cope with unexpected shifts in the future. Due to the flexibility concerning when and from where employees and executives could perform their designated duties.

Hybrid work models integrate the best of both worlds professional as well as personal which results in increased efficiency. Due to less burnout, a united workforce due to stronger work relationships, and most importantly better mental health for employees. 

Workplace flexibility lead to a culture of autonomy and trust as employees can be the judge of their own productivity boosting confidence in the long run.

Data Analytics To Lead The Way

Data Analytics allows organizations to connect with their customers and analyze the feedback from customers to identify what factors lead to a good experience and more importantly rectify the factors that lead to a not-so-good one. 

Big Data can be utilised in order to target as well as acquire customers sharing characteristics. With a company’s most profitable and loyal customerbase. This allows sales and marketing departments to focus their efforts on audiences with the highest propensity to buy their product thus ensuring a streamlined roadmap.

Every industrial sector can make use of big data in its own specific way for example

In the healthcare sector, Big Data analytics such as previous visits, family history, allergies, etc. are used to provide personalised treatment and recovery journeys leading to improved health outcomes benefiting both the hospital and the patient.

In the service sector such as the Hotel Industry use big data analytics to upgrade the customer experience by tracking milestones like weddings, birthdays, home purchases, and retirement, and then using those insights to deliver relevant offers and discounts. 

Similarly, sectors like education, manufacturing, consulting, banking, organisations etc. make use of data analytics to attract new customers as well as retain existing ones.

Digital Transformation

Digital transformation is the phenomenon of the adoption of digital technology by an organization with a focus on objectives like improved efficiency, value, and innovation. 

It ameliorates the way an organisation functions. Systems, work processes, hierarchical pathways, and workflows are all part of this process. Different levels of an organization are affected in specific ways for overall betterment.

Digital transformation helps organisations in better resource management and utilization. Digital Transformation blends information and resources into a set of tools for business. Hence reducing dependence on multiple software and databases. Less dependency on databases leads to a more secure environment for data consisting of personal as well as professional details. Hence more safety of the crucial data.

Digital Transformation helps provide a more engaging customer experience covering everything ranging from emails to products and portals. Seamless customer experience leads to an enhanced and more importantly loyal customer base. Digital transformation assists organizations to gain ground in the fast-emerging battlefield of user experience.

USAGE OF ROBOTS

The usage of robots and automation is increasing every day. Especially in industries dealing with hazardous materials as well as heavy machinery. Industries such as chemical, construction, mechanical, etc. are benefitting from automation. It improves accuracy due to pre-set algorithms along with lesser human involvement and enhanced productivity.

Employee and Customer safety rank very high in the rule list of organizations due to improved accuracy offered by robots and automation. The faulty products bay, meanwhile, employees supervise risky processes. At a distance, while the robots perform their designated tasks.

The usage of robots helps companies in reducing direct labor expenditure as the cost. Having a person handle many operations is usually more expensive and time-consuming than a robot. The upgrade to robots and automation provides workers with enough time to upgrade their skills and achieve expertise. In other business areas, such as engineering, programming, maintenance, and management.

Final Thoughts

Its shown time and again that change remains inevitable but growth and prosperity are optional. An organization can grow financially and socially only when there is awareness of the required changes leading to strategized action. Should you have a challenge or have a project in mind do reach out to us at sales@korecent.com or contact us. We shall align the best of our resources to discuss your needs.