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The transformation has become a key element behind any business success in the modern time. With the increasing competition, transforming depending upon the scenario and business situation has become mandatory for business owners for sustaining in the business industry.
A great workplace usually comprises of a team having skilled employees and staffs on board. The confidence and knowledge they bring while working with an organization can easily help a brand achieve success in nearly no time.
Therefore, it becomes essential to build a great workforce for a smooth and successful business.
Enhancing the Workplace Training Programs
Training programs gained momentum and popularity as franchisors realized the benefits it could bring to an organization. The business industries introduced several programs that catered towards employee’s skill enhancement and education.
Whether it’s a corporate or a F&B industry, right training proved to be beneficial that brought huge sales to an organization.
New Talent Strategy
Business and marketing strategies have proved to be a game-changer for every business segments running in India and globally. A right and unique strategy led a successful path for many business franchisors and vice-versa. Brands in the last year became familiar with several technologies as the situation demanded that transformation.
Priyanka Anand, Ericsson’s Vice-President and Head, HR, South East Asia, Oceania & India shares, “The company has been successfully paving the path towards a digital journey. Now with automation and Artificial Intelligence, there is even more transformation within the business, requiring a new talent strategy.”
Tracking New Trends
The Indian business industry is witnessing a constant change in the customer’s expectations. The new trends are rapidly entering the business sectors that demands change as a service provider. Technology is hugely transforming how the industry initially used to work. Technology is present in the current time for easing and improving the services that an organization offers.
Anand adds, “Customers are changing expectations from us as vendors. 4G to 5G is an expected linear path but there are non-linear changes like voice to data. We need to be tracking all the trends.”
The Ever-Changing Needs
For ensuring your business success and making it future ready, one needs to closely look at the ever-changing needs that are happening in the business industry. As technologies are invading the business industries at a rapid pace, industry people are lacking skilled employees that could use these technologies for bringing positive results for an organization.
“We try to get right competency and up-skill to create a suitable employee base. Also, the attempt is to get to the right institution and form partnerships to co-create modules relevant to it,” adds Anand.
