{"id":4247,"date":"2021-07-20T21:55:00","date_gmt":"2021-07-20T21:55:00","guid":{"rendered":"http:\/\/localhost\/projects\/horsesforsources\/five-fundamentals-reset_071221\/"},"modified":"2022-04-26T17:16:39","modified_gmt":"2022-04-26T17:16:39","slug":"five-fundamentals-reset_071221","status":"publish","type":"post","link":"https:\/\/www.horsesforsources.com\/five-fundamentals-reset_071221\/","title":{"rendered":"The Five Fundamental Changes that have Reset how we Work"},"content":{"rendered":"

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On the surface, not much has changed\u2026 we go to work, we try to do what we did before without physically engaging with each other.\u00a0 We talk a lot about a \u201creturn to normal,\u201d but deep down, we\u2019re starting to suspect those days are gone for good.\u00a0 So what\u2019s changed?<\/p>\n

1. Most of us now have a work-from-home mindset ingrained, whether we like it or not.<\/strong> We have become so efficient working from home, and we don\u2019t have time to commute\/travel unless there is some urgent need. If anyone hasn\u2019t already noticed, most folks in the East coast of the US, London, and other major cities have had the green light for several weeks to meet up.\u00a0 And while the brave few have had a few socials, people aren\u2019t exactly champing at the bit to \u201crenormalize.\u201d\u00a0 It\u2019s not a fear of Covid as most folks in our industry in the US are fully vaccinated, it\u2019s the new intensity<\/em> of the virtual work culture \u2013 we just don\u2019t have the hours in the day to give up<\/em>\u00a0 Our calendars are constantly clogged up for immediate<\/em> needs weeks ahead and our businesses will struggle to function if we started to block out entire days for conferences and meetings.\u00a0 While many employers will try and force an in-office culture, it will prove very challenging, getting many people to break from their ingrained work-from-home mindset.<\/p>\n

2. The hype days of technology are over. It\u2019s all about what enterprises need, not what vendors are trying to sell them.<\/strong>\u00a0 The change in the enterprise mindset<\/em> towards technology has gone through a genuinely pragmatic revolution over the past year.\u00a0 The realization that being able to function in a virtual model has gradually drained the remnants of hype of the technology value propositions.\u00a0 Our Pulse study of 800 Global 2000 enterprises clearly illustrates two factors that dominate the focus of leaders:\u00a0 moving operations into the cloud at speed and training staff to understand how to balance digital business needs in a virtual environment:<\/p>\n

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Click to Enlarge<\/em><\/a><\/span><\/p>\n

Whether we talk about automation, AI, blockchain or quantum\u2026 every business leader will answer with \u201cSo what?\u00a0 we need data to be relevant<\/em>\u2026 and it needs to be accessible and immediate in the cloud.\u00a0 Once we have that we can consider how to get smarter, faster and more efficient\u201d.<\/p>\n

3. We are not so afraid of change as Horizon 3 unfolds before our eyes.<\/strong> The last 12 months were the most significant change in our lifetimes, but we are still standing. Change does not sound so scary anymore. Embracing change has also made us more ambitious as business leaders. Are we satisfied with slightly cheaper, slightly better, or somewhat faster, or are we searching for fundamental new sources<\/em> of value? The OneOffice approach now resonates with practically 99% of enterprise leaders. Horizon 3 initiatives to develop hyper-connected enterprises are also no longer five years away\u2026Horizon 3 is now unfolding right before our eyes:<\/p>\n

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Click to Enlarge<\/a><\/em><\/span><\/p>\n

4.Locations have become irrelevant, as access to talent takes center stage<\/strong>. The days of resistance to offshoring are over as Global 2000 enterprises literally cannot function without access to IT and operations talent. In pre-pandemic times, many US politicians advocated against offshore resources, but this is no longer an option as the talent shortages in the US are a serious issue. We see a continued growth period for hybrid offshore\/onshore outsourcing over the next few years, which will accelerate as we gradually emerge from the pandemic over the next few months.\u00a0 As the Pulse data shows us, enterprise leaders are looking at all business talent models to get what they need, whether offshore, nearshore, onshore, or from a location-agnostic model where they may have no idea where they are that resource is located.\u00a0 We also expect crowdsourcing to (finally) emerge as a significant model for access specific talent, especially in crucial areas where deep skills are scarce, such as cybersecurity, machine learning, and data science.<\/p>\n

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Click to Enlarge<\/em><\/span><\/a><\/p>\n

5. Values and philosophies beyond capitalism increasingly dictate where our emerging talent chooses to work.<\/strong> This forced embrace of change has had a positive impact on pure capitalism ideals. We have seen a big boost to a profit with a purpose philosophy with initiatives like sustainability and diversity becoming far more ingrained in enterprise-wide goals than just CSR initiatives. Three-quarters of major organizations are centering investments in emerging technologies to support initiatives around sustainability.\u00a0 We expect many employees to choose employers that stand for important values, beyond merely profit.\u00a0 CEOs’ personal views will become increasingly important to set the tone for their organizations as people increasingly look to leadership for purpose and motivation.<\/p>\n

\u00a0<\/a><\/p>\n

Click to Enlarge<\/em><\/span><\/a><\/p>\n

The Bottom-line:\u00a0 We’re ready for change, we’re truly virtual and we’re pragmatic about achieving real business outcomes<\/strong><\/span><\/p>\n

However which way we look at things, we’re becoming realists and\u00a0the old days of technology hype and fear of change are receding into the past.\u00a0 Over the past year, we’ve gradually let go of the many shackles of the past and started to realize we’re in a new reality, a wholly new environment, where we’re all trying to focus on achieving real business outcomes, on values that are important to us, and a new work reality where its intense, high-touch and very real.\u00a0\u00a0<\/p>\n

What Covid\u00a0has taught us is there is no reason to fear change, and how important we are to keeping our organizations moving forward.\u00a0 We just need to keep our eyes wide open that the world has changed, we have changed and we have to accept and adapt.\u00a0 Onwards an upwards folks =)<\/p>\n","protected":false},"excerpt":{"rendered":"

On the surface, not much has changed\u2026 we go to work, we try to do what we did before without…<\/p>\n","protected":false},"author":3,"featured_media":4248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,833],"tags":[303],"organization":[],"ppma_author":[19,38],"class_list":["post-4247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-transformation","category-oneoffice","tag-enterprise-irregulars"],"yoast_head":"\nThe Five Fundamental Changes that have Reset how we Work - Horses for Sources | No Boundaries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.horsesforsources.com\/five-fundamentals-reset_071221\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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