Corporate Transformation 2021

 

During the last decade, the banner of "Corporate Transformation" had raised up many times; yet with the overall changes brought by the Covid19 pandemic, the phrase became more thinkable and searchable..

Agility had been practiced under various names, yet; the concept is almost the same; to make processes faster and more effective.. Therefore; it is not substitute to the basic management procedures; but a tool to workaround and create a momentum..

Who ever want to pursue a business, have to master Principles Skills to perform and deliver the outputs.. Not only the complaints from the business owners on how skills are in short, but also the influx of training courses on basic skills; exposes today's business dilemma..

Artificial Intelligence is spread in all directions; due to the extensive use of digitalization and smart concepts.. However, machines will never substitute a human being due to structural mystery called wisdom.. Wisdom can not be mathematically calculated or replaced; therefore, we have to make AI a complementary to our species..

The Personal Skills are inevitable to present the efforts and cases to the management to decide.. Poor skills will kill the endeavor, while smart skills will attract audience to listen, discuss and eventually approve.. Therefore; such skills are more important than certifications; which can deliver without.. Yet, epistemic capacity is essential to reach out to ideas, probabilities, scenarios and outcomes..

During the last 20 years, more attention was put as human resources management; which had to explore the roots on behavior, actions and reactions.. Mental and Emotional capacities had been proven, and further we go; to drive the humane performance and readiness to stand for both jobs and challenges.. Once, there was a fashion to relay on Physique to tell about the depth of a person, yet proven short in many areas.. However, stills counted for, but much..

Work From Home or WFH was driven by the pandemic.. There was attempts earlier that did not came to conclusion, as was experimental at some high profile corporates; e.g., hot desk, dynamic desk, etc. Now; teams are assembled by people across borders and deliver with more diverse and interesting concepts.. It is a trend to stay; despite its negative effect on commercial real estate..!

Despite how Technology works as a magician in the business world, it grooms fashions that would hurt the economy big times.. Many low rank staff and hand laborers lose their earnings due to replacement by machines for various activities.. This creates pressure on Governments as poverty increases and unemployment.. There is a need to set limits for this tech-substitution..

Governance had finally become a known terminology and a business package that corporates work on it and use.. The tools of Governance works as breaker to the business ambition to align procedure to referrals and guidelines.. In such processes, business persons will have the time to review their compliances and correct as needed.. However, legislators should make sure that more excessive governance, which would kill the business itself..

Lots of literature and events had celebrated Leadership.. There are many theories on why, how and what leadership would act and enable proper outputs of the endeavors.. Yet, leadership should be viewed as a natural characteristic of Mankind.. which grows in all aspects and phases of life.. from the house to the retirement one.. It should be imbedded in schools, media and streets..

Covid19 Lockdown had increased the Consumables despite the business decline and unemployment.. There are many economic theories about the fluctuation of demand and supply.. Yet; the consumables increased by many folds due to fearful demand and limited circulations.. This had enabled many corporates to flourish and gain big.. Accordingly GDPs had gained lots and global charts had reflected interesting facts and expectations..

Digitalization had cut lots of the Processing Costs at retail and service levels; e.g., online shopping, entertainment, learning, etc. The margin of profit had not changed a lot, due to costs of platforms and technology itself.. Yet, the same fashion in other production had benefitted from innovation to increase the ROIs.. Examples are found in factories, mills and farming..

Urbanity is not yet comprehensively settled to define the root impacts on life, economy and future.. It creates implementations, wants and utilities to be.. It creates consumption; which partially deforms and threatens our existence itself.. The collaboration among urbanity and other aspects of life is a must to sustain our existence..