Companies that bet on the revolutionary changes brought about by the pandemic are going to be future leaders, said Mr. Rajen Jaswa, Instructor, University of California Santacruz at AIMA’s ‘HR Playbook To Reimagine The New World Order’.
A serial entrepreneur, having built 2 Fortune 500 companies, Mr. Rajen Jaswa, Instructor, University of California Santacruz specialises in entrepreneurship and is an expert who helps the next generation of entrepreneurs in company building, and he was there to rightly deliberate AIMA’s ‘HR Playbook To Reimagine The New World Order’ on the theme- ‘Skills And Tools For The New World Order’.
Mr. Rajen Jaswa started the Session by saying that the pandemic affected economies and businesses worldwide very badly and the only thing that came to the rescue was technology. It was only due to the timely technological approaches made, that businesses survived.
Companies that bet and rely on the revolutionary changes that the pandemic brought about are going to be the leaders of the next decade. However, the most important thing that needs to be done is to look at the premise that the New World Order will be built, and the platform on which it will be based on.
“The future is faster than you think” he pointed out. Technology that will drive the future is going to be exponential on a periodic basis in a linear environment. An exponential business doubles on a periodic basis, which is why the technology on which the future is going to be built will be exponential.
Exponential technology is also faster and cheaper comparatively. The business reliant on exponential technology will bet the following-
- Artificial Intelligence
- 3D Printing
- VR & AR
- Synthetic Biology
These exponential technological tools will keep evolving every two years reinventing every business model and the ecosystem, and these are things that the managers have to get their arms around. So, what can a Manager do to bring about a change in his company within the exponential framework? They have to execute their plan through the 6 Ds’-
The world’s biggest problems are the world’s biggest opportunities. Hence your mission is to automate the routine and humanise the exceptional. And it should be in every business leader as to “how to automate the routine and how to humanise the exceptional”. Everything is digitised now in organisations, with Zoom being the greatest disruption in video conferencing added.
So why is technology growing exponentially? Mr. Rajen Jaswa concluded by saying that faster and cheaper computing power is the driving force of exponential power, and computing power keeps evolving every 2 years.
Watch the full Session- https://www.youtube.com/watch?v=p6glsz6O194