Since the last decade, a rapid change in technology has enabled managers to rethink the working environment and make strong talent management. This transformation in technology has provided access to reliable video conferencing, ubiquitous cloud-based connectivity, atrichia intelligence, virtual connectivity, and synergy among AI technology and humans to perform more effectively and efficiently, which have made things more interesting and quick than ever before.
And yet, the COVID-19 situation has added more pressure on the accelerator to transform the way people used to act and think the ways they were thinking and doing before. Talented employees have quickly shifted to remote working conditions as they eagerly wanted to shift for years. Organizations have now asked their employees to work remotely and they have been using technology in the best way it has ever been used in the past.
Humanize, a tech organization specializing in people analytics has identified that during the pandemic employees doing their work from their homes have increased their efficiency of doing their tasks by 10% to 20%. Employees’ work-related stress has also been significantly reduced, employees have strengthened their confidence and well-being, and above all 40% increase in the close collaboration of workers with their supervisors has been seen amid COVID-19 pandemic restrictions.
Talent management has become easier for organizations as the performance of workers have become more transparent than ever before. According to Microsoft, a 200% rise in virtual meetings has been observed since the pandemic. Every day 2.7 billion meetings are arranged every day around the globe. It shows a significant-close collaboration trend of the employees and employers to engage in the remote working environment. Many organizations have now asked their employees to work from home permanently including Twitter and Square. Because they think working from home is cost-effective, more collaborative, and more productive than coming and working from the offices.
The rapid change of shift from high-touch to high-tech has enabled managers to manage their talented workforce more efficiently and effectively. Technology is becoming more like humans. It does not only help at the workplace but from education to enjoying a healthy lifestyle, it helps people. Since the pandemic, investors are looking forward to investing more and more in technology-related projects. The reason is that pandemic has accelerated the need for technology in human life.
Talent management with the help of technology is just one side of the coin as an impact of COVID-19. But the second side is quite dark and unwanted to more than 88% of the employees around the globe. Because not every single worker is familiar with the usage of the technology, there is a huge number of the population who have been laid off because of the suspension of economic activities. With the almost total suspension of the services industries, like sports, hotels, airlines, tourism, etc. businesses have either shut down their activities or have suspended them temporarily. Due to that workers, even talented employees were supposed to quit their jobs and were left behind doing nothing. This has disturbed the overall economic activities not only just a few people or families. But this has disturbed the communities and societies around the globe.
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