Recently, at an industry event, I had the privilege to share my thoughts on future workplaces, where I dwelled upon the means in which technology is likely to impact our lives - making it more connected and productive. As I would like to imagine and believe, this influx of cutting-edge technologies that the world is currently witnessing will unearth unforeseen possibilities for mankind in the future.
As businesses continue to transform in the digital age, it will require them to re-imagine their processes and re-evaluate their talent strategies. The workforce, too, will need to be prepared for a rapidly evolving future of work constantly analyzing what talent and capabilities they bring to work. They will need to possess cognitive capabilities like logical reasoning and creativity.
Skills required for tomorrow are very different and it can be an opportunity. But if we don't adopt and change, every opportunity can be a threat, too.
The speed at which these technologies are developing is rapid and in order to maximize benefits out of this potent scenario, it is imperative for everyone in the industry to re-train themselves and adapt to the changes.
While the conjecture might sound fool-proof, there are many challenges associated with it, first and foremost being the ‘Skill-gap’. The National Association of Software and Services Companies (NASSCOM) - the apex body representing the country's IT and business process management (BPM) industry, has also reclaimed the fact that there is an urgent need to re-skill about 50 per cent of India's IT workforce, as demand for it in new technologies remains unfulfilled.
Widening Skill Gap
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