Workplace Transformation - The Hybrid Model

The COVID-19 pandemic has completely disrupted all aspects of life and business over the last one year. However, it has also proven to be the biggest catalyst of transformation for the industry. Progressive enterprises are fast-tracking their digital transformation to prepare for a "never-normal" world; technologically laggard firms are rapidly shifting to cloud platforms and adopting other digital technologies to gain the much needed competitive edge in the new, hybrid world.

All this has led to a workplace transformation leading us to the Hybrid model of working which is also corroborated by the below findings of a recent study by NASSCOM.

• Got people to think how the future of work and workforce will evolve with new business and delivery models that companies are adopting
• Higher prevalence of hybrid model - 70% CEOs expect remote workers to constitute upto 50% workforce in 2021
• Reskilling and building the right talent pool, products and platforms, and new business model expertise (risk-reward, onshore) are the top capability building priorities in 2021
• 65% enterprises indicate that they are preparing for a hybrid/blended workforce
• Gig economy gets a boost- 70% of CEOs expect gig workers to constitute up-to 10% of workforce in 2021