We are finding that each day is different from the "normal" we were used to as we continue to manage the pandemic. Everything has changed virtually suddenly, with various ramifications, from the way we work to the environment we live in. A turbulent present, such as the one we have now, is sure to have numerous long-term consequences, the majority of which are yet to be seen and understood.
The immediate consequences, whether it's remote working, a greater role for technology in our lives, or how we manage our jobs and families, are all areas that are always altering. Only time will tell where these nuances will finally settle. We've also seen that some industries have been hit more than others by this disruption.
The degree of physical proximity that it entailed has created dramatic changes in various areas - travel leisure, restaurants, personal care, classroom instruction, and so on are all examples of short-term high effect.
Trends that appear to be more long-term and point to a major shift in the way businesses operate are also being seen. Most of these adjustments were likely in place long before the outbreak of the epidemic, although adoption has accelerated in the last year or so. According to research conducted by the World Economic Forum and others, new jobs will be available in the workplace by 2025, as well as those that will be rendered obsolete. While the scenario in India is constantly evolving, there are a few in-demand employment trends that can be observed across industries.
Data Specialists: While technology adoption and implementation were already on the rise, businesses are increasingly relying on data to be mined, analysed, and presented in a way that assists predictive decision making rather than merely reporting. As a result, demand for data scientists, big data professionals, and other related positions is expected to increase.
Experts in Digital Transformation: The world as we know it is more connected than it has ever been. The arrival of digital transformation experts looking for end-to-end solutions that would bring all essential stakeholders of an organisation into a common digital arena and connect them in real time has rendered physical distances obsolete. Digital technologies such as augmented reality and virtual reality are gaining traction at a breakneck pace. The rise of E-commerce is a tribute to the concept of digitisation and, with it, the rise of the internet.
Productivity Boosters: Any job that falls under the category of productivity improvement will undoubtedly be noticed and funded. To keep ahead of the curve, companies with larger budgets are more inclined to invest in R&D and Innovation positions. Automation and robotics experts are paying close attention to operational innovation.
Security Specialists: Organizations are faced with the issue of protecting their own data as well as the data and privacy of its important stakeholders as the globe moves toward a considerably greater digital and online presence. To maintain data security at all times, increased emphasis and investment is being placed on this area.
HR roles of the future: An intriguing analysis by HBR and a few others highlights the HR roles that organisations are expected to require in the future. Employee well-being will continue to gain traction as a priority, and the demand for specialists in this field will likely rise. HR analytic professionals will play a bigger role in using data to make crucial hiring, development, and productivity decisions as technology advances. Fairness and de-biasing of policies and practises are anticipated to be in high demand; hence people and culture specialists will be in high demand.
These are only a few examples of changes in the Indian context. While the nature of future occupations is continually changing, the way they are structured is also undergoing a fundamental shift. The necessity of the hour for businesses is to include resilience and "antifragility" into their architecture.
Taking a hint from how businesses suffered last year with travel restrictions, national and regional lockdowns, and a dramatic shift in the demand for technology, agility in India was likely a greater problem than in other nations. Even within the country, certain industries were more affected than others.