In the last one year, many things have changed for us. Here is a list of areas in business & life that have changed as observed by me & students who were attending the class for subject of BigData in MBA.
1. Digital payments now have wide acceptance
2. Work & study from home is now a reality, locations matter a lot less now
3. Cyber security is now at the fore-front
4. Digitization of everything – Though we need to be careful of what, how and when we digitize
5. Mental & overall health for people is now a priority
6. OTT platforms are now providing opportunities to various type of actors, film makers and others beyond the traditional ecosystems of cinemas & multiplexes
7. True democratization of knowledge / information & opportunity is happening, if you want to showcase your talent – internet & digital gives you that space
8. Healthcare services are now online / tele-medicine is a reality
9. Pharma companies are now collaborating in a big way
10. Public health is now a priority for governments
11. Digital innovation in physical businesses is now at the fore-front
12. Online learning is widely accepted not just by certificate providers but by universities as well
13. Hiring & business models are changing
14. RegTech is now mainstream
15. Local shops / stores / super-markets are now converging and getting a voice on various online app ecosystems / platforms – should the local stores act as small warehouses and deliver via app ecosystems, this could be the new model
16. Newspapers / magazines are going for online subscription based models and shifting away from paper based publishing
17. App ecosystems have changed rapidly to accommodate alternative business models of deliver anything rather than specific things
18. Hotels, airlines & restaurants are looking at alternative solutions to problems that they faced in pandemics
This is a short compilation of changes that we see around us. It is not the strongest who survive, it is the ones who evolve and change that survive
What else do you think will change in the near term?
Email me: Neil@TechAndTrain.com
