November 1, 2020

1720 words 9 mins read

The Future of Work in 2021 - digital-first customer centric

The Future of Work in 2021 - digital-first customer centric

The Future of Work in 2021 - digital-first, customer centric Steve Corfield Tue, 12/01/2020 - 14:58

Summary:
Rethinking what work means in 2021 with business as a platform for change, according to Salesforce’s Steve Corfield.

(Pixabay)

N

o one could have predicted what 2020 would bring. Across every industry, we have learned the true meaning of digital transformation. That is, reimagining businesses to better serve customers and understand their needs, and having the agility to respond to changing circumstances. Where many organisations may have thought previously that digital transformation was a nice-to-have, today it is an imperative. With a new year will come a new set of challenges. While there will always be unknowns, we can expect businesses to increasingly look to technology to help them survive, recover and grow. Flexibility will be key to delivering the digital-first experiences that customers demand. Access to data and Artificial Intelligence (AI) tools will help companies to revolutionise their customer experience. What’s more, in 2021 customers will increasingly expect companies to deliver demonstrable positive impact on the communities they serve.  The development of technology will continue to shape the way we do business, the future of work, as well as provide opportunities for companies to make a positive difference to the world around them. Serving the digital-first customer in a digital-first world This year we learned just how quick consumers can adopt new technologies, to stay connected with loved ones, to shop, and access essential services online. As market trends and customer expectations evolve faster than ever, in 2021, businesses must innovate at pace. We’re likely witnessing the end of the 2-3 year digital transformation project, value needs to be delivered within months. In the digital economy, speed of implementation, cost and value to the organisation and customers, as well as competitiveness will measure the success of digital transformation. As demand for online retail and consumer goods increases so will companies’ use of AI-powered technologies to engage and serve customers. Beyond restaurants and health service providers, we’ll see the continued rise of the appointment economy, guaranteeing convenience virtually and in-person. Bots too should become an integral part of company strategies to support customers 24/7. From virtual try-ons to smarter delivery and pickup options, every customer experience must be connected, personalised and seamless - from whatever device they’re using, and whichever store they’re visiting. Technologies that fuel the needs of today’s customer COVID-19 presented a moment of truth for businesses. Many were not as streamlined and resilient as they once thought. In 2021, saving costs whilst boosting resilience will be top of mind for every Chief Information Officer (CIO) and business leader. We can expect the simplifying, streamlining and digitalising of processes - including channel portfolios. How companies seek to provide all of the services and experiences that customers expect on their smartphones instead will have far-reaching impact upon their business models. Companies leveraging cloud computing have shown us what it means to be resilient in time of crisis. These migrations will only accelerate in 2021 - enabling scalability, availability and accessibility of information from any location. When, where, and how a company deploys these tools will set leaders ahead of the pack. Increased automation, AI, as well as forecasting models will help them to better predict and prepare for the future may bring. To make the most of these technologies, data literacy skills must be foundational to every role at every level of an organisation. The evolution of work-from-anywhere It’s fair to say that how we work has changed forever. While many people will continue to work from home throughout 2021, ensuring the wellbeing of those who do return to physical workplaces will require a huge cross-functional effort. We can expect the office experience to be recreated, to become more intentional. The ways that companies communicate will evolve also. Those which have opened unprecedented access to their leadership team, providing regular updates to keep teams informed, engaged and productive, will want to keep these lines of communication open as we emerge from the pandemic. With regard to where we work, this year has shown that working from home can be a legitimate option. In 2021 and beyond, it’s important for employers to continue to explore new, flexible work models. We can expect businesses to create new HR packages and technical capabilities to attract and retain the hybrid worker - and brands to market new products which tailor to their lifestyle needs. Flexible arrangements can offer greater work-life balance and create a more equal workplace by increasing talent pools.  Business must be an even greater platform for change We are in the midst of several crises at once - a health crisis, an economic crisis, and climate crisis.  The importance of a business’s role in corporate citizenship has been cemented and the urgency for businesses to give back to communities has never been greater. Next year, the role of business as a platform for change will no longer be the exception, but the standard.

Image credit - Pixabay

Read more on:
Digital skills and training Future of work CRM and customer experience HCM and the digital future of work

Author: Steve Corfield

Date: 2020-12-01

URL: https://diginomica.com/future-work-2021-digital-first-customer-centric

diginomica.com

How omni-channel retailers struck the right balance on the blackest of Fridays for in-store shopping (2020-11-30) How omni-channel retailers struck the right balance on the blackest of Fridays for in-store shopping Stuart Lauchlan Mon 11/30/2020 - 03:17 Summary: Black Friday panned out much as retailers expected/feared as the 2020 retail online shift continued in force Not this year The story of Black Friday 2020 could be seen in the photo of Macys in New York in the wee small hours of the morning with litera..
A peek at Workday’s venture arm and three of its portfolio companies (2020-11-11) A peek at Workdays venture arm and three of its portfolio companies Den Howlett Wed 11/11/2020 - 08:33 Summary: Workday Ventures showcases three startups that focus on data use to drive value among customers Leighanne Levensaler Workday Ventures via the author Workdays near three-year-old venture arm may not get a lot of media attention but its making solid progress In a conversation with analysts..
Happy Holidays! Walmart heads into Black Friday on the back of 79% e-commerce growth (but still chalks up an online loss) (2020-11-18) Happy Holidays! Walmart heads into Black Friday on the back of 79% e-commerce growth but still chalks up an online loss Stuart Lauchlan Wed 11/18/2020 - 03:12 Summary: Walmarts e-commerce growth is impressive and its new Plus offering is set to take on Amazon Prime - Happy Holidays ahead? With Black Friday almost upon us and the US retail sector about to face up to its most challenging test in an ..
Solid Q3 from Box as Levie sees upside in Salesforce-Slack deal (2020-12-02) Solid Q3 from Box as Levie sees upside in Salesforce-Slack deal Phil Wainewright Wed 12/02/2020 - 10:05 Summary: Box Q3 numbers announced last night were solid but CEO Aaron Levie wanted to focus on the implications of Salesforce buying Slack Box CEO Aaron Levie was eager for Wall St analysts on the companys Q3 earnings call last night to ask him about the market impact of Salesforce buying Slack ..
ServiceNow’s AI chief on solving the ‘last mile problem’ for enterprise AI (2020-12-02) ServiceNows AI chief on solving the last mile problem for enterprise AI Derek du Preez Wed 12/02/2020 - 05:59 Summary: Vijay Narayanan ServiceNows Chief AI Officer explains how the workflow vendor is making AI scalable in the enterprise Earlier this week workflow cloud vendor ServiceNow announced that it had signed an agreement to acquire Element AI a Canadian company that aims to apply modern AI .. ServiceNow’s AI chief on solving the ‘last mile problem’ for enterprise AI
Bentley Motors drives towards digitally-enabled sustainability with Salesforce (2020-12-03) Bentley Motors drives towards digitally-enabled sustainability with Salesforce Stuart Lauchlan Wed 12/02/2020 - 16:05 Summary: As it motors into its second century in business Bentley is transforming into an exemplar of sustainability in action as it ups its digital capabilities Bentley Motors Bentley Motors is a UK luxury car firm with a reputation built up over a century for excellence and quali..
Sainsbury’s job losses and store closures signal rapid digital change (2020-11-05) Sainsburys job losses and store closures signal rapid digital change Derek du Preez Thu 11/05/2020 - 03:40 Summary: UK retailer Sainsburys announced today that it would be slashing 3500 jobs and the closure of a number of its Argos stores Image sourced via Sainsburys website UK supermarket retailer Sainsburys today announced that it would be cutting approximately 3500 jobs and that it would also b..
Enterprise hits and misses - HR tech gets a hard look, Uber and Lyft get an election day reprieve, and algorithms get a fairness backlash (2020-11-10) Enterprise hits and misses - HR tech gets a hard look Uber and Lyft get an election day reprieve and algorithms get a fairness backlash Jon Reed Mon 11/09/2020 - 16:34 Summary: This week - HR tech is murky but a closer look at the HR Tech show clears the view Uber and Lyft get good news on election day but the issues of the gig economy linger Algorithms-in-practice prove problematic Your whiffs in.. Enterprise hits and misses - HR tech gets a hard look, Uber and Lyft get an election day reprieve, and algorithms get a fairness backlash
Demandbase announces Demandbase One - but is it a complete ABM solution? (2020-11-12) Demandbase announces Demandbase One - but is it a complete ABM solution? Barb Mosher Zinck Thu 11/12/2020 - 12:54 Summary: Demandbase just made a major ABM announcement which stems from their Engagio acquisition But is this truly a complete ABM solution? And how do we get over the sticking points of ABM adoption? Barb weighs in on her talks with Demandbase leadership and a product demo Five months..
Nordstrom heads into the Holidays as a born-again “digital majority” retailer…but will it last? (2020-11-26) Nordstrom heads into the Holidays as a born-again digital majority retailerbut will it last? Stuart Lauchlan Thu 11/26/2020 - 02:18 Summary: Nordstroms benefitted from the COVID crisis in terms of morphing into a digital-dominated retail business - for now at any rate Nordstrom US retail institution Nordstrom heads into the Holidays having passed an important milestone in its omni-channel transfor..