What do we do next?
Regardless of whether you’re a big giant or an early-stage start-up, the impact and effects of COVID-19 have ricocheted and reverberated throughout the UK economy.
As we begin to see light at the end of the tunnel, let us take a step back and look at the impact that COVID-19 has had on the world of work.
The World of Work
How have businesses adapted?
Remote working: before a relatively uncommon practice, has now become a norm.
Many companies, including here at DigitalGrads, had to adapt to remote working conditions almost overnight. Though we all relished in the enjoyment of only having to look smart from the top-up, this was quickly replaced with the knowledge that this was not simply a temporary fix.
Remote working was one of the immediate challenges faced by all. However, as the dust begins to settle it is clear which sectors have been able to thrive in remote working conditions – the tech industry.
The Tech Industry
On the one hand, the impact of COVID-19 had a devastating effect on businesses across the globe. However, it has also been a catalyst for new technological advancements. For example, Zoom has jumped from 10 million users at the start of 2020 to 200 million by the end of March alone.
The pandemic has reshaped the world of work, with the IT and tech sectors being tested like never before.
How to prepare for what comes next?
After the implementation of remote working and a focus on the now, what comes next?
What follows, unfortunately, will not be a return to the pre-COVID world of work, but instead a ‘new normal’. The uncertainty of what this new ‘normal’ will entail presents an opportunity. In these unprecedented times, your company must undergo a level of reinvention and redevelopment. Step away from the outdated processes and a step towards the digital and data-driven enterprises.
Employ a system which will help to deal with the evolving business impact risks, and take time to put together a comprehensive plan going forward.
Re-skilled, revitalized and restored.
In the wake of COVID-19, the workforce needs to be reshaped. Look to fill the gaps and prioritise the reskilling of your teams.
What this ‘new normal’ will look like, is a mystery to us all. Though the pandemic has thrown us all into a world of uncertainty, it has reshaped the world of work – for better or for worse.
The key to the future is investing in business strategy, adapting to developments in technology, restructuring organisations, and reskilling workers. Only then can we learn to navigate our way through to the ‘new normal’.