financetom
Business
financetom
/
Business
/
Future of Work: Managing the Millennials with Collaboration Technology
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Future of Work: Managing the Millennials with Collaboration Technology
Jul 2, 2020 6:42 AM

Business continuity was put to the test with the pandemic-triggered lockdown. Workspaces were disrupted without much prior notice and tech-enabled collaboration tools became the lifeblood of businesses of all sizes, across the spectrum of industries.

Beyond deploying novel solutions to facilitate collaboration, corporates have begun to seek innovative ways to fuel employee productivity, expand sales and capacities, manage and secure data, among other core functions. Within this new normal, the priority for business leaders still remains ensuring business viability in the long run.

To explore the future of work and the ‘new normal’ and how technology adoption can shape up the modern workplace and help it meet the cultural shift of the workforce, using new age collaboration tools, CNBC-TV18, in partnership with Cisco Systems, set up a unique Tweetathon, themed “Future Of Work: Managing the Millennials with Collaboration Technology”.

Moderated by Mridu Bhandari of CNBC-TV18, the panel included Mohandas Pai, Chairman, Manipal Global Education; Nithin Kamath, CEO, Zerodha; Dr. Sayed Peerzade, Group CIO, Reliance Entertainment Group; Dr. Tanvi Gautam, MD leadershift Inc & HR influencer; Sudhir Nayar, Managing Director - Commercial Sales, Cisco India & SAARC; N Jayantha Prabhu, CIO, Essar Group and CP Gurnani, CEO & MD, Tech Mahindra, which was held on 26th June 2020 at 4pm, tweeted on the subject kept flowing at #CiscoFutureOfWork, with the panel and other participants raising relevant and thought-provoking issues revolving around the theme, while sharing their insights and experiences.

The event kicked-off with discussions on the how critical virtual collaboration technology tools were for managing workforces during the onset of the pandemic, which culminated in employees working from home and the challenges that still existed.

While most panellists shared that the transition went through fairly smoothly, their current challenges included maintaining the culture and morale of teams as they worked from home, dealing with stress levels and hiring virtually. Dr Tanvi Gautam pointed out that while tech has gotten businesses through round one, trust, morale and leadership would be the key to success in round two.

Sharing experiences of how disruptive tech could shape the workplace and workforce of the future, Jayantha Prabhu observed that cultural change would transform flexible working from a temporary fix to the new default way of working in the post-Covid19 scenario, especially since Millennials were digital natives and expected technology to be a part of their work culture. Dr Sayed Peerzade affirmed that the role of technology was becoming more important to connect the millennial workforce to a cause, allow them to complete meaningful work, while offering flexibility, open communication, progressiveness and most importantly, enabling them to witnessing leaders in action.

The discussions moved on to cover the benefits of technology and virtual collaboration on the ‘gig’ economy, promoting diverse workforces, employee productivity and cost savings. It also touched upon security issues that could arise when work goes virtual and how these could be circumvented.

Addressing concerns about training leaders in a virtual world, CP Gurnani explained that in his company, training was always virtual and appified. “We have a self-driven training programme and associates are encouraged to choose from a bouquet of offerings from our #NewAgeDelivery platform,” he tweeted.

Another leading concern was regarding creating enriching and engaging employee attraction and retention experiences in a digital first organisation. Mohandas Pai assured that by engaging employees in areas of their interest outside routine work and connecting them to business leaders these issues could be addressed. Tools help in interaction, but human connect virtually is the key, as Millennials need a more open culture, with greater interactions, he opined.

Sudhir Nayar endorsed that thought by tweeting, “Secure collaboration tools such as Webex can help you do pretty much anything you did otherwise – from celebrations – to meetings – to learning.”

The panellists did, however, finally concede that in this 'new normal' of a virtual world, they did miss some physical interactions – like spending time chatting with colleagues in the cafeteria or lawns over a cup of tea and grabbing delectable lunches with clients!

This is a partnered post.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Mondelez International Q3 Adjusted EPS, Revenue Rise
Mondelez International Q3 Adjusted EPS, Revenue Rise
Nov 3, 2024
04:28 PM EDT, 10/29/2024 (MT Newswires) -- Mondelez International ( MDLZ ) reported Q3 adjusted earnings late Tuesday of $0.99 per diluted share, up from $0.77 a year earlier. Analysts polled by Capital IQ expected $0.85. Net revenue for the quarter ended Sept. 30 was $9.20 billion, up from $9.03 billion a year earlier. Analysts surveyed by Capital IQ expected...
Sei Investments Insider Sold Shares Worth $749,000, According to a Recent SEC Filing
Sei Investments Insider Sold Shares Worth $749,000, According to a Recent SEC Filing
Nov 3, 2024
04:27 PM EDT, 10/29/2024 (MT Newswires) -- Ryan Hicke, Director, Chief Executive Officer, on Oct. 25, sold 10,000 shares in Sei Investments ( SEIC ) for $749,000. Following the Form 4 filing with the SEC, Hicke has control over a total of 147,609 shares of the company, with 147,609 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/350894/000092963824003683/xslF345X05/form4.xml ...
First Solar Q3 EPS, Net Sales Increase; 2024 Sales Outlook Lowered -- Shares Fall After Hours
First Solar Q3 EPS, Net Sales Increase; 2024 Sales Outlook Lowered -- Shares Fall After Hours
Nov 3, 2024
04:27 PM EDT, 10/29/2024 (MT Newswires) -- First Solar ( FSLR ) reported Q3 earnings Tuesday of $2.91 per diluted share, up from $2.50 a year earlier. Analysts polled by Capital IQ expected $3.16. Net sales for the quarter ended Sept. 30 were $887.7 million, up from $801.1 million a year earlier. Analysts surveyed by Capital IQ expected $1.08 billion....
'Roaring Kitty' dissolves stake in Chewy, filing shows
'Roaring Kitty' dissolves stake in Chewy, filing shows
Nov 3, 2024
Oct 29 (Reuters) - Keith Gill, the stock influencer known as Roaring Kitty that was behind the 2021 meme stock frenzy, has dissolved a passive stake in Chewy, as of Sept. 30, according to a filing with the U.S. SEC on Tuesday. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved