It means Nothing will be normal like how it used to be earlier. But still we do not have a choice than to adapt and accept. Social life, Professional life nothing will remain the same. Even after vaccination is invented. The impact of Covid 19 on the Economy will take the legacy of Covid 19 ahead for few more years. And thereafter we will find our own old ways of life strange and alien like how now we feel about the lifestyle of 20 years back.
Save the tree to save your nests. Work towards the health of the branches to hold you strong.
People whose jobs are safe to say “If the company survives we survive, the boat will sink if overcrowded, offloading few people is fine to save the rest, Retrenchment of people is not an option, but a necessity to survive “, people who have lost jobs say,” We could have adjusted to pay cuts and more efforts. Plz, allow us to stay.”
Else the trend has been “Oh, it’s difficult to work in this Company. I have a tough time here. I get exhausted working here. The more we work, the more is the expectation. Ignorance is bliss. Carry ignorance and get away with doing more assignments. Everything in the world is more important than taking up more responsibilities at work.”
Very few have had consistency and commitment in what they did pre COVID or post COVID. But even these might have suffered the wrath of the pandemic since the natural disasters don’t differentiate between good or bad, the less committed and more, because the sinners are sinners and the silent audience also are a part of the sin.
But now the safer ones comment on the non safe ones. Such an irony.
Coexisting should be a norm, be it existing with your organization, or existing with your colleagues. Support them by accepting pay cuts, or more efforts at work or empowering your team members. Support people who have lost jobs, emotionally by helping them take up voluntary assignments. Build their confidence. Assure them that this will also pass by. We will build a bigger boat to onboard them again. Hold on. But holistically, everyone needs a transformation to undergo now be it the best, the moderate or good. Reinventing self is the only way to survive.
Emphasis to shift from Company and Salary to Sector and Sustainability Criteria for job security now will not be gauged by How stable the company is? How comfortable the job is? How highly am I paid? But Which sector is sustainable at most of the times even in crisis? What is the growth graph of this sector? At what intervals the graph shows a decline? Which deptt or skill I should be in to not be replaced by automation, digitalization or robotization? How can I not become redundant in the organization? How much can I save in this job? Will I get paid throughout my career in this sector?
Revamping HR policies…. It’s time to create a new HR Manual by all the Companies now. New HR policies, Standard Operating procedures, Templates, and Agreements for all activities of all the departments.
To build a complete analysis of what will work, the processes, the challenges, the workaround -based on the forthcoming scenario will be a great task for any organization now. This activity will definitely take 18 to 24 months for the reason that, the scenario will keep changing every quarter. The impact on each Company, OEM, and Sr Management will have a cascading effect on the Sectors, Suppliers, and all the employees respectively.
Govt has already come up with historical decisions supported by new reforms and ordinances like never before. In the following months, the Government will also make a lot of amendments to the reforms at regular intervals to revive the economy and be a Model Nation to the rest of the world.
The change will be constant and at a faster pace than experienced ever before. The need to survive will bring in this essential approach. Now the race is set up to excel with newer and tougher targets. Who adapts faster will win the race.
Happy with Work from Home Model? Redefining the whole World’s employment and employee engagement trend.
With the lifestyle we had before COVID 19, our social life had got restricted to an extent of hardly any interaction with our neighbors, or we weren’t even familiar with the faces in our own apartments, or we hardly found time for our distant family members. Post-Covid, our social lives will be further curbed as deliverables will matter more and not the number of hours which will make us glued to our laptops for more than the hours we spent in offices and travel. Social life will suffer. Relations with spouses will get stressed as there isn’t a break given in a relation. Life and relations will get monotonous and more repetitive. You won’t be able to walk into anyone’s house without prior permission but only on weekends. Work-life won’t end once you reach home. Work-life balance will get imbalanced to the extent of not being able to distinguish the ending line between work and personal life.
Post-2008 recession, the measuring parameters for performance had got rigid and one resource was required to do the work of two resources. Luxuries and benefits were cut down. Furthermore, Technology is advanced to the extent of tracking and measuring performances more rigorously. Hereon, Companies won’t be measuring seconds and minutes, but the amount of results yielded. Task quality and Task duration won’t be emphasised upon, but ROI on the resource and success ratios for tasks assigned will be measured. Since efforts won’t be visible only results will be measured.
Competition will worsen. It’s always a mutual deal of ‘Give and Take’ with any Employer for an Employee. Now the definition of giving will be redefined. The ratios of variable pay compared to salaries increased after the last recession. And were applicable to most of the roles unlike earlier, wherein only Seniors had variable pay or very less people in the Company had Variable pay. Now even salaries will be clearly compared with the delivered outcome.
All Individual Contributing roles will convert on Work from Home. More sectors will adapt to the same. Welcome to the virtual heaven which we are eager to turn out to hell.
Humbleness is a curse or a blessing? It’s a curse when people look down upon you. It’s a blessing when they value your worth. 99% of the people feel you are unworthy, weak, moronic when you are humble. That’s the reason you find very few of them.
What should motivate you to be humble? Mere reason that you should respect every single person either for his/her knowledge, or position, or age motivates you to be humble. And respect will be earned only when you respect others.
‘We serve India, We prosper’ is the Mantra for every Indian Company today. A wise leader, a wise decision, and a great vision. Now it calls for every Indian to support and implement the same to succeed. Our PM announces a 20 lakh crore, fifth biggest package in the world for reviving the economy. Economy to be stimulated by reforms strengthening Infrastructure, Technology, Demography, and Demand.
‘Make in India’, ‘Serving India’ and ‘Consumption by India’ are the priorities. We are the second most populated country in the world. If such a population cuts down the volume of imports even if from countries like China we are a self-sufficient nation with a stable economy. A philosophy thought off for quite a long time and lacking implementation in a robust manner is now taking the center stage and seeking a successful implementation.
Demand exists, the only diversion of the demand to local goods and an approach to look up at local goods needs to be developed. Technology has been empowered by India across the globe by our valuable resources working outside India, Time to focus on empowerment in our own country, and give the credit to our country. Our demography can be strengthened by Employment rules, Skill development, Clear expectations on deliverables, Standardized education system focusing on practical implementation and inventions, Time-bound assignments/ projects can induce the culture required to excel.
Next of the steps expected is to develop a platform with rigid rules like other countries to keep the focus intact and avoid manipulations. An Indian follows the rules in other countries and not in India. If an Indian’s approach can be developed to follow the same kind of rules and commit to deliverables with the support of the platform provided by Indian Govt and Corporates, the vision is not far off to be reached.
Indirectly, more stringent control on the people, and better initiatives by Govt. Hopefully, the implementation also turns out successful. I just predicted this in my blog on May 2nd and here we go….. Three months pandemic -lockdown effect impacting a forthcoming three years functionality and pulling a few sectors two to five decades behind. How stable and sustainable planning to opt for the future?
• Landbank being developed in Gujarat. Tamil Nadu, Andhra to offers twice the land for companies opting out of China. • UP Govt appealing new ordinance on labor reforms. • India already preparing the road map to accommodate business out of China. • More investors, more companies to be welcomed to India to revive the economy and make a golden opportunity out of the situation.
Though sad, a very historical initiative by UP Govt to • Give holiday for most labor laws for the next 3 years • 72 hrs engagement per week and 12 hours working/day as normal • No minimum wages applicable • Hire and fire at Company’s will.
Will there be a cascading effect upwards with these norms. Will there be a better engagement of well-paid resources too Or will only the lowest rung suffer?