Source:-
(Deloitte University Press 2018)
1. Increase of interconnection
3. Diversity of a global population
4. The power of Disruptive Technologies
Now a days world shrinks more with the effect of increase of interconnection by globalisation therefore people can satisfy their needs wherever they are so they can make their own business with less capital there fore rise of new markets are increased globally.
Matured people are working globally with the variation of Skills, Ethnicity, Language, Country,Age & Culture therefore they growth the strong communication skills, adoption of different culture, sharing of Knowledge & ideas will increase the strength of HR.
"Emerging technologies have the potential to truly reshape the world in which we live and work. Leaders in both government and business must not only know what’s on the horizon but also start preparing for its impact" (James,Michael,Jacques,Richard,Peter and Alex 2013).
The growth of technologies, the power of disruption also growing due to that competition increases highly. If the companies doesn't initiate innovation embrace of of the changes will stay with longer lives.
References:-
- Deloitte University Press(2018)New mission and purpose [ONLINE Available at: <https://www2.deloitte.com/insights/us/en/focus/human-capital-trends/2016/human-capital-trends-introduction.html>.].[Accessed 2 May 2018].
- James,M.,Michael,C., Jacques,B.,Richard,D.,Peter,B. and Alex,M.(2013)Disruptive technologies: Advances that will transform life, business, and the global economy[Online]:New York.McKinsey Global Institute.Available at:<https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/disruptive-technologies >.[Accessed on 2nd May 2018].
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ReplyDeleteHi Reha, as mentioned in your blog, in a world where modern businesses are shifting rapidly, leaders at all levels are beginning to notice the importance of embracing disruptive trends and technologies to increase success. Disruptive trends can cover a wide range of technologies including Artificial Intelligence, Machine Learning and other smart technologies. Whether we like it or not, accepting disruption as a series of change initiatives will be an undeniable aspect of business and critical to the success of every leader. Disruptive trends will continue to create opportunities for organizations to quickly develop new capabilities and gain a competitive advantage in their markets.
ReplyDeleteRandika,
DeleteAs you said " Disruptive trends will continue to create opportunities for organizations to quickly develop new capabilities and gain a competitive advantage in their markets."
Its right whenever disruptive technologies rises safety precaution also be discovered to recover or avoid those situation otherwise security level will be decreased.
Hi Reha,
ReplyDeleteDespite the clear benefits and growing importance increase of inter connection has its limits that the corporate world is still learning to tackle. There are some obvious practical obstacles in running a virtual team. For an example, all the members must feel comfortable using all the various communication technologies. Time difference can also complicate the organization and co-ordination. And lack of human interaction, face to face communication and natural social bonds are more difficult to develop.
Shashikala,
DeleteAnyway change is always constant with any thing. Whenever peoples moves up with the developments some shortcomings/ obstacles exist.
Peoples always embrace new changes.
Due to fast growth of the technologies, human interaction, face to face communication and natural social bonds shrinks down between peoples.
Reha
ReplyDeleteneed clarification what do you mean The power of Disruptive Technologies..please can you explain
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ReplyDeleteDear Reha, its true that today most disruptive technology is social meadia because it is not that we used to chat it is already become business tool that backed with AI in order to gather and distribute tons of data. Today most valuable item is not gold or oil but it is the DATA that we can use in business or organization for any management to understand the behavior of business/event/nature and human.
ReplyDelete