The Future of Work - Think Digital Solutions for a Better Value Proposition

The adoption of digital solutions offers a way forward for both of these things.

ENTRY OF NEW PERSONNEL

A global pandemic has fast-tracked the retirement of boomer professionals, leading to a significant workforce restructuring. This has put more pressure to deliver on remaining employees, amplified frustrations within teams, and made them more vulnerable to errors. Filling the gaps left by retiring employees are engineering students who are often well-versed in grasping theoretical concepts from textbooks, but need more practical experience in applying those learnings on the job.

Many executives are skeptical of younger employees whose work ethic, at first glance, doesn’t appear to match that of the people they are replacing. They are also unsure about these new engineers’ skills and competence levels. And yet, companies need to find a way to sustain business success—and they can’t do that without employees. Digital solutions can help resolve this conundrum.

Digitalizing legacy processes can help companies automate many of their business operations and nurture high growth rates with profitability. Digital solutions come with extensive training guides and tutorials that can bring new employees up to speed and further refine their skill sets. In addition, young employees are already comfortable with these types of solutions because they’ve been using them since university.

Digital solutions also have the potential to expand employees’ bandwidth to work cross-functionally by providing a vast arsenal of technical tools and communication avenues. Many mechanical instruments now incorporate software with the advanced capabilities of AI and error-proofing models to keep track of systems maintenance. The software logs critical data points directly into cloud databases without any manual effort. This mitigates the potential for human error & loss of capital and streamlines decision-making for young, maturing teams who may need to gain technical expertise.

RENOVATION OF COMPANY CULTURE

The pandemic has revolutionized the general perspective on what work means to individuals and companies. Traditionally, employees have perceived their job as a means to earn a living and meet their hierarchy of needs, while companies worked to accomplish business objectives. But things have changed. Now, employees value a sense of purpose beyond a paycheck and also demand a better work-life balance. They are increasingly bristling at organizational silos and micro-management, and expect to receive both personal and professional development opportunities at work. Executives must adapt and build a working culture that gets the job done, cultivates employee satisfaction, and attracts new talent to help them attain their long-term business vision.

Digital solutions offer a way to meet employees’ evolving needs. The advancement of computer technology and the internet of things has enabled significant employee flexibility. Companies can identify and hire qualified talent from all across the globe as digital solutions are widely accessible online. They can also position themselves as an open-work policy driver where employees can choose to work in a remote or hybrid work setting and have greater control over their work-life balance.

In addition, digital solutions excel at brewing synergies across a company. They enable collaboration and connection. Even in a virtual world, early-career employees can connect through communication channels. Employees feel connected to disparate parts of the organization and develop a greater sense of belonging to the team. The end result is a stronger feeling of purpose at work.

Companies that adopt digital solutions can enhance the value proposition they offer prospective employees. The digital solution-powered workplace is more proactive and productive. Interacting with colleagues worldwide and understanding their unique cultural identities creates a fusion of perspectives from which companies can draw great product ideas for the future.

CONCLUSION

Digital solutions allow companies to forge a new way of doing things. Teams can become more productive, collaborative, and better at error-proofing concepts. Then they can navigate the ever-changing engineering landscape and deliver extraordinary business outcomes. Increased efficiency, enhanced employee engagement, lower operating costs, and faster decision-making will all lead to higher prosperity for the company.