In this era of digital globalization, data sovereignty and privacy issues have become a constant challenge for companies that are running businesses locally or globally. Globalization demands for information flow across the borders. Cloud technology has removed the geographical barriers of data storage, providing companies the ability to store information anywhere globally.
To ensure success in this dynamic environment, corporations worldwide are undergoing accelerated workforce transformation, redefining their talent assessments, deployments, promotions, and retention strategies. As members of the global workforce, we need a game plan to survive and thrive in this new world.
Lack of broadband infrastructure, unaffordable internet subscriptions, and lack of training creates a digital gap between the urban population and others living in low or no coverage areas. This digital gap is causing inclusiveness and job retention challenges at the workplaces.
The current FinTech 3.0 era has been all about innovation and startups. Big Tech companies are taking notice.
Businesses that are recovering from the pandemic and looking to achieve differentiation in 2021 must consider the unconventionally changing people, processes, products, and technology trends in their strategies.
-Rashmi Verma
As humans, we strive to lead a good quality of life and continue to innovate to make it better! According to the United Nations, “68 percent of the world’s population will live in urban areas by 2050.”
While the United States reached their goal on female representation in their workforce early this year, issues such as occupational segregation, wage and skill gaps still continues.
The pandemic has caused a shift in customer behavior and has opened business opportunities for products and services, addressing the current customer needs focused on social distancing.
This coronavirus spreads ten times faster than the normal flu. With no vaccine available at this time, the Covid-19 pandemic has become a global threat. We must act immediately to respond and recover from this crisis. The question is – how do we control and outrun the spread?
