Social Impact: Going Hybrid
The world is no longer split between social impact and non-social impact. We’ve entered a time when every organization, government, and citizen is expected to improve the world around them in one way or another.
Business
The way we do business is changing as we embrace people and technology working side by side to grow businesses.
Social Impact Companies Need to Restructure To Survive
Enterprise level companies with billions of dollars at their disposal are quickly going to make start-up and small-to-medium size businesses (SMBs) obsolete unless they quickly adapt and change. It’s not possible to compete with Fortune 500 companies that decide to step into their space. With billions of dollars available to them, they can do things more quickly, more efficiently, and with quicker impact than start-up and SMBs that likely had the idea first. With the world calling on all companies to be Organizations for Good, Social Impact Companies need to restructure to survive.
The Finance Department as an Ally
No matter the organization’s size, silos slow down the effectiveness and create inefficiencies hindering the organization from succeeding in the fast-changing world. Finance is the perfect department to be an ally and break the siloes.
How can Companies be an Ally to Parents?
Before the Pandemic, working parents already felt the pressures of balancing career and family responsibilities. Last year put a laser focus on the vulnerability of a professional with caregiving responsibilities. Moving forward requires a rethinking and complete overhaul of the policies, benefits, ways of working, and cultural norms to have a shot at equal opportunities and an inclusive environment.
Corporate Leaders as Allies for Digital Equality
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.
ESG and The Uncertain Future of Plastic
Since 2018, the accumulation of U.S. landfilled plastic waste has only accelerated due to a storm of global events. Each year, plastic waste accounts for approximately 11% of 294 million tons of overall recyclable waste dumped into landfills.
The 5 Most Important Real(ity) Trends in 2021
2020 will be remembered as a tipping point for technology acceleration. Automation is projected to erase 85 million jobs globally in medium and large businesses across 15 industries and 26 economies by 2025. While many are quick to point out that news jobs will be created, they are not being created at a rate that is as quick as jobs are being eliminated.
2020 Lessons Learned That Prepare Us for 2021
Skills – like being nimble, agile, faster decision making – learned during the pandemic must not be forgotten. Applying the leadership lessons learned during 2020 will help leaders flourish in 2021 regardless of the circumstances!
It is time to make predictions for 2021!
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
2021: Data is the New Health Care Currency
As we move into 2021, the way we use this data will continue to drive innovation in healthcare. Looking into the future, healthcare is poised to become significantly more data-driven, allowing for more specific and more successful patient care at scale.