architecting the future of work and workforce...2021 © benori knowledge. all rights reserved page 3...
TRANSCRIPT
April 2021
April 2021
W h i t e p a p e r
Architecting the Future of
Work and Workforce
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Architecting the Future of Work and Workforce
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Content
03Executive Summary
04How COVID-19 Led to Fundamental Shifts in Work
08Three Types of Agility Organizations Need to Build
10Architecting the Future of Work and Workforce
Architecting the Future of Work and Workforce
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Architecting the Future of Work and Workforce
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Architecting the Future of Work and Workforce
The disruption caused by the COVID-19 pandemic has forced us to make some fundamental changes at
work, and in our own lives. In fact, reinvention is now an everyday affair, and for us to thrive through this
age of volatility, we need to reinvent some of the most basic ways we have been working, collaborating,
innovating, communicating and living.
While digital acceleration and technical expertise have always been in the foray and are likely to stick
around as core bullets in our resumes and job descriptions, future employers will demand workers that are
not only technically-adept, but also emotionally-adept. The future worker must be able to transition
through change with ease, manage their mental well-being, show resilience in times of uncertainty, take
up additional responsibilities in moments of crisis, practice and nurture empathy, and take decisions with
sound judgment. Soft skills, then, will play a key role in decades to come, and raising workers’ emotional
intelligence will be the key to organizational success.
Talent, digital & data are the three biggest forces that can help organizations stay ahead of the curve in
this age of disruption and the war for right talent is going to be there at the organizational level. The
COVID-19 pandemic has also taught us that the move to digital is here to stay.
Considering the uncertain timeframe of the current pandemic, with new strains wrecking the initial stability
brought by the vaccine, the world continues to be in a state of confusion, and disarray about what will
happen: Are we going back to the workplace? Will it be safe for me and my family? Is hybrid work here to
stay? What skills do I need to develop to remain relevant in my current job?
Having considered the diverse and erratic nature of this disruption, we have consolidated a five step
transformation agenda for reinventing the way we work:
Build cognitive, emotional
and learning agility at all
levels of the organization
Institute a culture of
lifelong learning
Prioritize soft skills training for
building adaptability and
resilience
Adopt digital transformation
across functions
Take full responsibility
for employee well-
being
12 3 4
5
Executive Summary
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Architecting the Future of Work and Workforce
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Architecting the Future of Work and Workforce
COVID-19 has not only disrupted the most fundamental frameworks in our daily operations but acted as a
catalyst for many changes that were already underway—in digital acceleration, cultural transformation,
learning and development, and capability-building. These shifts that were previously low on the C-Suite
radar are now the biggest organizational priorities, mostly due to one significant change enforced by the
pandemic: “the physical dimension of work1.” It has forced us to reinvent how we work, the skills we need
to build to thrive in our jobs, learn to effectively manage our career trajectories, and more. Soft skills that
were more seasonal in nature, offered only to high-ranking executives, are now being rolled out to all
levels of the workforce. Why? Because resilience, adaptability, managing change, and a growth mindset,
have become key to thriving through this age of continued disruption.
Source: LinkedIn
With remote work likely to stay, and grow beyond the pandemic, organizations are increasingly taking an
active role in bringing these fundamental changes in their operations and work culture, accelerated by the
following interventions:
How COVID-19 Led to Fundamental Shifts in Work
Exhibit 1
The World Economic forum has called for a global reskilling emergency2 based on three critical factors:
(a) as jobs are transformed due to large-scale digital revolution and adoption, more than 1 billion workers
need to be reskilled by 2030; (b) 42% of core skills required to perform existing jobs are expected to
change by 2022; and (c) in addition to high-tech and functional skills, specialized interpersonal skills will
be in high demand, including skills related to sales, human resources, care and education.
The impact of COVID-19 and the subsequent re-skilling emergency has also led to meaningful
employment opportunities, re-skilling of our current workforce and a revamped approach to work. In a
recent Benori survey, 89% of the audience confirmed that they feel the need to reskill themselves to
remain relevant in their current jobs.
Do you think you need to re-skill yourself in
the next 1-2 years to remain relevant in your
current role?
89%
11%
YES
NO
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Architecting the Future of Work and Workforce
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Architecting the Future of Work and Workforce
● Unprecedented Digital Acceleration: The rapid pace of digital acceleration and adoption is a
surprising change brought on by COVID-19, that not only assisted us in thriving through the pandemic,
but it occurred in less than a year, that otherwise would have taken at least 10 years to evolve. Digital,
as predicted by experts around the world, will be the key to thriving during the economic recovery and
the next normal that will follow. According to the Ernst & Young Life Science report Asia, 93% of
pharma companies in India were just beginning their journey in digitalization. The COVID-19 pandemic
has transformed the traditional interactions, with remote, virtual engagements as valuable alternatives,
to continue our scientific exchanges with the medical community. COVID-19 has acted as a catalyst
that has driven every company to actively identify ways to innovate and engage digitally. Digital
technology has become the default and, in some cases, the only means of ensuring business
continuity.
● Revamped Operating Models and Infrastructure: All established frameworks, based on “the
physical dimension of work” have become outdated in the post-pandemic world. With the rapid move
to digital, existing operating models and company infrastructures have to be reinvented and revamped
to adapt to the new remote nature of work. The C-Suite is working towards transitioning to new models
for doing business, that might be a permanent shift away from traditional models that worked in the pre
COVID-19 world.
Exhibit 2
What model of work do you prefer going forward?
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Source: LinkedIn
27%
11%
62%
Work fromHome
Office
Hybrid
● Hybrid Work Culture: As non-essential workers shifted to
working from home, 85% of the respondents in a Mckinsey Global
Business 800 Executives Survey3 suggested that their businesses
have somewhat or greatly accelerated the implementation of
technologies that digitally enable employee interaction and
collaboration, such as videoconferencing and filesharing. And,
across all sectors, 38% of respondents expect their remote
employees4 to work two or more days a week away from the
office after the pandemic, compared to 22% of respondents
surveyed before the pandemic. A recent Benori survey on the
future of work and workforce also reported that about 62% of the
audience5 would prefer to shift to a hybrid work culture. It has
been predicted that roughly one-third of the workforce, in urban
locations and with future-ready infrastructure, will be the driving
force for the sustenance of the hybrid work culture.
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Architecting the Future of Work and Workforce
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Architecting the Future of Work and Workforce
Source: LinkedIn
● Re-skilling and Nurturing Cognitive Agility:
Covid-19 has made the re-skilling of workers
more urgent than ever. Even before the
pandemic, many companies lacked a cohesive
re-skilling strategy. At the start of 2020, only 1
in 5 talent leaders6 said they were providing
training and re-skilling opportunities to workers
even though 9 in 10 said it was their
responsibility to do so. In fact, the future of
work is expected to demand7 more
technological, social, and emotional skills.
Exhibit 3
9%
4%
13%
74%
Culture of lifelonglearning
Focus on soft skills
Digital acceleration
All of the above
How can organizations build a more resilient
workforce?
● Managing a Remote Workforce: Organizations have lost the ability to directly monitor employee
productivity and are fully dependent on technology to effectively track and evaluate performance. HR
functions are in need of rapid transformation, both in terms of rethinking a cost-effective way of
managing remotely and finding the right technology that supports the change. A survey by Salesforce
Research on the Future of Workforce Development showed that 70% of managers believe formalised
workforce training programmes will benefit employee productivity, while 69% believe that they will
boost preparedness for future disruptions and innovations. Today’s organizations can use several
methods to address the skill gaps including hiring and re-training its existing employees for core and
non-core functions based on the required competencies.
● Navigating Complexity in a Remote Environment: The remote work environment has further
complicated the nature of managing and navigating complexities. To ensure easy navigation,
organizations need to innovate and build new interactive models of working with AR-VR technologies.
It is estimated that these dimensions of work will play a key role and we will see significant
improvements in the next few years.
Source: LinkedIn
Exhibit 4
What skill do you need most to be an
effective worker during and beyond
today’s crisis?
14%
6%
63%
18%
Digital
Collaboration
Resilience and adaptability
Critical thinking
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Architecting the Future of Work and Workforce
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Architecting the Future of Work and Workforce
The pandemic has been an important wake-up call for organizational leaders, to comprehend
what is needed to thrive through disruptions, develop strategies that are aligned with both
employee and organizational well-being, and become truly agile—cognitive, emotional and
learning—that are likely going to be the cornerstones of success in the coming decades.
Emotional Agility: The pressure is higher than ever for organizational
leaders to not just manage and nurture their own emotional intelligence, but
responsibly protect, nurture and advance emotional agility of the whole
organization. In fast-changing conditions, the skills that play the biggest role
include practicing empathy, responding with care, create and maintain
authentic relationships, build trust and inspire each other—for the collective
advancement of the organization.
Three Types of Agility Organizations Need to Build
Cognitive Agility: The COVID-19 pandemic tested the cognitive agility of our
workforce and the verdict has clearly been delivered. As urgent calls for mental
health safety soared through the past year, the need to nurture and protect this
ability has become a key part of boardroom conversations. A key growth
impetus for both personal and professional well-being, employers need to re-
evaluate and offer adequate support for its employees to adapt to the
change—and create new frameworks of how to think and respond to fast-
changing situations, using critical thinking as an essential tool, employing
creativity even in non-creative jobs, exercise sound judgment and make high-
impact decisions, all in the face of rising uncertainty.
Learning Agility: While functional and technological expertise will continue to
take up key real estate in future job descriptions, the sustenance of jobs will
require employees and employers to nurture learning agility—practicing a
growth mindset, instituting a culture of lifelong learning and learn quickly.
These skill sets will determine how quickly employees can adapt to change,
take on important responsibilities, bring clear thinking and judgment, and
become future leaders.
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Architecting the Future of Work and Workforce
Q&A with Pramath Raj Sinha and Mohit Thukral
In our recent webinar8 on the future of work and work force, we interviewed Pramath Raj Sinha (Founding Dean of
Indian School of Business and Co-founder of Harappa Education and Ashoka University) and Mohit Thukral
(Founder of Vivtera and global business transformation visionary and leader) to get their thoughts on the most
critical growth aspects for both organizational and cultural development. Here is an extract from our conversation:
Q: How can we democratize skill-building
programs as not everyone will have access to
universities or professional development
courses?
Pramath Sinha: The technology-based learning does make it
much more accessible, not only from the point of view of reach
and access, but also in terms of cost. There are concerns about
digital-divide, whether people can actually access the content
online, because they may not have a device or bandwidth—but I
think that’s changing very rapidly. A lot of innovation is happening,
with people trying to create content or products that are readily
accessible over low-cost devices and as bandwidth improves. The
cost is very interesting because once you create asynchronous or
recorded content, then the marginal cost of offering it to
somebody just becomes zero. That’s why a lot of content is
available for free and I think technology is going to be a great
enabler there.
At Harappa, we have launched courses in vernacular languages
and that’s another access point where most of the training is
available in English, but you can quickly move to local languages.
I think people are also concerned that how can you learn
completely online and that’s true that online may not seem to be
as effective as in-person but to me online is like books—just as
books have completely revolutionized and democratized
knowledge, I think online will do the same.
Q: As companies move over to a hybrid model,
how can you monitor performance and get the
best out of your employees?
Mohit Thukral: This is going to be the biggest challenge and
there is obviously a lot of work happening on design and
measurement, in terms of how you measure output and
performance. In the last year, customers have adapted to the
disruptions caused by the pandemic. The company we acquired,
‘Arise’, it monitors, trains and manages performance remotely and
people deliver to the outcome that they are supposed to be
delivering. So, you have to build a very good technology platform
for measuring some of that. And the supervisors who do remote
monitoring have to have different techniques of managing that
and looking at the outcomes that are getting generated. So, I think
tools and technology have to get stronger because most
organizations don’t have strong operations management, ERP
tools and technology to do remote management, and look at the
efficiencies and effectiveness of these. So, it is going to take
some time, it is going to be a bumpy ride but there will be people
who will try to game the system. Different tools will need to be built
where you include many checks and balances, similar to the ones
we have done in the past for the office environment.
Q: There is a new focus on micro learning,
Just-in-Time versus Just-in- Case and on the
transferability of skills. How do you think these
focus areas will playout, in India especially, for
workers in more precarious situations?
Pramath Sinha: It is difficult to plan strategies for our companies
and come up with product roadmaps for whatever we offer to our
clients and customers. It is difficult to plan our own lives in terms
of jobs and careers when we know some jobs will completely go
away. There has to be something that keeps us whole and
grounded and rooted through this very shifting set of
circumstances. And what really grounds you are the foundation
skills that you develop throughout your life. But first and foremost,
you have to understand what those are. Somebody has to make
you aware that these are the things that will hold you in good
stead throughout your life. We need to make everybody aware
that regardless of what happens, these foundational skills will help
you hold your ground in case job shifts occur and if you are in a
precarious situation. And of course, there are things that you can
learn Just-in-Time. Each one of us has to learn how Just-in-Time
works and how foundational aspects will play a role. The
combination of these two will give you the confidence to address
‘come what may, I will be able to manage’.
Q: What are going to be the top three key
success factors for organizations going
forward?
Mohit Thukral: The one big factor will be hiring the right talent
along with fostering the right culture. Companies now have the
ability to hire talent from across the country, even across the
globe but the challenge with a hybrid model is how do we enforce
collaboration? Organizations need good talent to drive their
growth but also need an inclusive and collaborative culture to
retain that talent.
Digital is here to stay, and organizations will need to be more and
more agile. COVID-19 has accelerated digital, and India is on the
verge of being a $1 trillion digital economy. Companies who fail to
jump onto and ride that wave will find it challenging to thrive.
The third one is data. Data has become extremely abundant, and
as we move into a digital world, the availability of data is only
increasing. An example is the data being shared across the
country regarding COVID-19 vaccinations. Healthcare data can
now be shared with healthcare payers and professionals, in
compliance with certain regulations, to help increase the rate of
vaccinations and simplify the monitoring of health and wellness
across the country.
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Architecting the Future of Work and Workforce
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Architecting the Future of Work and Workforce
Disruption has always been a part of work, business, and life, to some degree, and even though we stand
at a unique moment in history, maybe the situation is not so unique at all. A sense of panic has been
generated over our current and future jobs, growing uncertainties and their implications in our lives, and
more, leading to a barrage of emotional responses that could have been checked, and addressed, without
pressing the panic button. Even though 75 million jobs are expected to be lost because of automation, at
the same time, digital innovation is expected to create 150 million new jobs over the next few years. In
fact, major disruptive discontinuities have always had a net positive outcome for the world as such, and
success will be determined by when and how we respond to disruption.
While the next 10 years will see many changes in our traditional frameworks of working, it is equally
crucial to develop the future workforce along the same lines. With the vast amount of new information
coming in every hour, our capacity to embrace, and adapt to change is increasingly growing thin. Learning
and development of employees needs a new model that helps them nurture cognitive agility—an
imperative that is being adapted for tomorrow’s workforce as well.
In line with the fundamental shifts that we have experienced in work, the interventions that have forced us
to reimagine and reinvent our fundamental frameworks, and the three key agility agendas for
organizations to take advantage of, we have outline three clear strategies, in terms of Culture, Learning
and Skills, that can help today’s organizations develop effective strategies that keep up with the speed of
transformation.
Architecting the Future of Work and Workforce
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Architecting the Future of Work and Workforce
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Architecting the Future of Work and Workforce
Future of Culture
Organizations need to institute essential shifts in work culture that
address the re-skilling emergency and build a cohesive workforce that
will drive organizational success in a post COVID-19 world. The primary
focus areas for developing a work culture will include (a) learning how to
manage a remote workforce effectively, (b) build technologies that
support the new work culture, (c) find new ways to bring back the coffee
machine chats into remote work, (d) nurture connections between and
across teams, and (e) manage the overall well-being of employees.
Future of Learning
As disruption and reinvention continues to be a significant part of our
present and future, success will be determined by going beyond technical
skill sets, and focus on soft skills, for all levels of the workforce. Human
Resources and L&D functions will play a significant role in developing and
nurturing cognitive agility of the workforce, with a prime focus on soft skills
such as building resilience, managing change at both personal and
professional levels, practicing a growth mindset, communicating effectively
in a remote environment, and making lifelong learning the foremost agenda
of a typical employee.
Future of Skills
While organizations prioritize nurturing and building soft skills for the
present workforce, job descriptions and employer expectations are likely
to change in the long run. Educational institutions need to (a) move
away from purely theoretical knowledge-based education to a skill-
based education that encourages ‘learning by doing’, thus teaching the
art of survival; (b) offer hands-on training over classroom sessions and
lab visits, and collaborate with industries to offer more internships to
help manage expectations around future work scenarios; (c) train
students in soft skills, incorporate peer-to-peer learning to help the youth
learn to embrace change, grow resilience, communicate effectively and
become better collaborators; and (d) transform the teaching experience
to include changes in assessment patterns, and develop new paradigms
and frameworks for teacher training.
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Architecting the Future of Work and Workforce
References
1. McKinsey article on the future of work after COVID-19
2. World Economic Forum article on global reskilling revolution
3. McKinsey article on 800 executives envision for the post-pandemic workforce
4. McKinsey article on the analysis of 2,000 tasks, 800 jobs, and nine countries
5. Benori’s poll survey on preferable model of work dated March 17, 2021
6. COVID-19 has made reskilling workers more urgent than ever
7. McKinsey article on the future of work after COVID-19
8. Benori’s Webinar Recording: Architecting the Future of Work and Workforce
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Architecting the Future of Work and Workforce
About Benori Knowledge
Benori Knowledge is a global provider of custom research and analytics solutions across
industries, including consumer & retail, technology, media & telecom, internet & e-commerce,
professional services, financial services, healthcare, industrials and education & social. We offer
solutions aimed at supporting our clients’ strategic needs that are critical to accelerate their
growth and value creation.
Our team of knowledge consultants is committed to minimising the challenges faced due to high
costs, poor access and low quality of knowledge processes, and transforming them to deliver
best-in-class actionable insights.
Headquartered in India, we serve clients across the world.
Simplifying Decisions.
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