To create some larger, more significant trajectory of change, we all always use the megatrend phrase. We use this for describing the dramatic intersection of several smaller trends. We all noticed the major changes in the workplace, in the last decade, and especially in the last year. Technology has played a major role in this change we are seeing. Also, the impact of the COVID-19 pandemic has made an approach toward global megatrends. Constantly assumption of new technologies brought about by the crisis has suddenly brought broad movements into stark and immediate focus.
After the pandemic for these global megatrends, the world will boost jobs and growth by constantly speeding up economic recovery. Now, we will discuss some mega trends in work technology. It can transform the way we work now and into the future.
- Digital transformation–
- Quicker growth- Despite the global megatrends of economic downturn, the digital technology sector is expanding worldwide. For the COVID-19 economic crisis, the digital economy showing signs of stronger and quicker growth.
- Absorb digital technology– Now, we all noticed that social and economical activity is shifting from the physical world to the virtual. To do that, it takes the help of online retail, telehealth, telework, online education, and online entertainment. As a result, Companies are very quickly altered to the circumstances and absorb new technologies. It is like contact tracing apps and other apps. As a result, it is only used to support employee mental health, hot desk booking tools, collaboration platforms, and more.
- Supply chain resilience investment– Most companies are unable to source crucial materials needed with global megatrends of supply chains freezing during the COVID-19 crisis. As a result, they do not provide their services and products. Thus, for economic recovery more resilient, stable, and diversified supply chains are needed. In Australia, many international companies wanted to invest in innovative solutions and technologies. Australia becomes a world leader in supply chain integrity for the effective risk management of COVID-19. And thus with the exposure of new telecommunication and information technologies such as Internet-of-Things (IoT), blockchain, 5G, and artificial intelligence (AI), additive manufacturing Australia still remains a leader in the supply chain.
- Stay close to your home–
- Trusn local business- Worldwide governments and citizens move to local options and trust countries for services, tourism, and manufacturing. We expect, that after the pandemic stronger economic, trade, and cultural connections increased in local places.
- Increase tourism business- For increasing trust in local business, tourism and education business models will get benefits. So, students, as well as local people, need not go from their locality and they can stay close to their home.
- Economic outlook change– After the pandemic, Australia is in a very good position, where challenges of the economic situation can able to translate into opportunities for growth and access to new export destinations. As Australia is in a better position to start the economic recovery, Australia perfectly handles COVID-19-related health impacts. Thus, Australia becomes the fourth larger export sector after the pandemic.
- Smart office solutions– Smart devices constantly change our workplace and way of work. Meeting booking software, wireless presentation systems, digital signage, and online collaboration tools can boost productivity and streamline processes by doing a good collaboration between employees both remotely and in the office.
Now, the question is how fat the companies should welcome these trends. In short, using emerging technologies and innovative tools both remote and in-person teams are working together to collaborate and complete tasks and can boost efficiency and support flexibility.