HR IN THE NEW NORMAL
“In the New Normal, our ways of
Change the operating rhythm first.S working will be more agile, more liqu
and more flexible. We will have a
The world is on a bumpy
completely new lens to look at Talen
journey to a new destination
and the New Normal. — Roles, Performance Measures,
MOHAMED EL-ERIAN
governance models, and work polici
differently.”
A few months ago, the world as
we know it was turned upside
down. Keep The Momentum. Change
The Operating Rhythm First. Companies will try to keep employees on
The coronavirus swept across the payroll, but they will reduce all those
the world and upended how nice extras, everyone was worried to
The coronavirus pandemic is fundamentally
people interact with each other
shifting how we live and do business and will touch in recent years. Many changes will
in all aspects of their lives. It has
accelerate the Fourth Industrial Revolution, happen in Talent Development, Sales
disrupted global economies and
fueled by smart technologies such as Artificial Incentive Plans, and Compensation and
businesses, and Human
Intelligence and mobile supercomputing. So Benefits. Employees will get stringent
Resources (HR) has been at the
heart of it. With organizations it’s the time to change and redefine our targets, and they will earn less cash for the
now on the cusp of recovery, business in a new rhythm. It’s because higher effort. Yearly bonus plans will be
the role of HR is becoming even coronavirus could be an opportunity for us to canceled or adjusted to pay less than they
more important. re-think assumptions on products, services and did in the past. Having a secure job will be
business model as well as cross training and a very welcome benefit for many people
However the questions are
creating new products to be better prepared again.
endless when it comes to
envisioning the future impact for the next pandemic.
and role of HR post-COVID-19. The Future of Work Is the
One thing is for certain – the Future of Worker Wellbeing
Learn To Live In A New Normal
pandemic and its inherent
effect on businesses has The world has changed dramatically in the first Employee well-being is being taken more
highlighted the need for half of 2020. Nowadays, we undergo one of the seriously than ever before and not only
adaptability and resilience in
biggest economic crises that will ruin many just in the physical sense, but also in the
today’s workforce, accelerated
businesses and lives. We need to realize that emotional, mental and spiritual sense.
the shift towards a new, digital
the coronavirus has created a new reality for Corona-virus has affected many of us in
economy and accentuated the
importance of HR in the new everyone, not just Human Resources. We will different ways. Those directly contracting
normal. have to re-set our HR Strategies because they the virus have the actual physical impacts
are not up to date. They were fine yesterday; of the virus, while others are facing mental
they will not fit into a New Normal. health issues that anxiety, fear,
uncertainty and social isolation can
The crisis provided proof that many jobs can be contribute to or even cause.
done remotely. Not just for a few days, but
they can be done remotely forever.
“In the New Normal, our ways of
Change the operating rhythm first.S working will be more agile, more liqu
and more flexible. We will have a
The world is on a bumpy
completely new lens to look at Talen
journey to a new destination
and the New Normal. — Roles, Performance Measures,
MOHAMED EL-ERIAN
governance models, and work polici
differently.”
A few months ago, the world as
we know it was turned upside
down. Keep The Momentum. Change
The Operating Rhythm First. Companies will try to keep employees on
The coronavirus swept across the payroll, but they will reduce all those
the world and upended how nice extras, everyone was worried to
The coronavirus pandemic is fundamentally
people interact with each other
shifting how we live and do business and will touch in recent years. Many changes will
in all aspects of their lives. It has
accelerate the Fourth Industrial Revolution, happen in Talent Development, Sales
disrupted global economies and
fueled by smart technologies such as Artificial Incentive Plans, and Compensation and
businesses, and Human
Intelligence and mobile supercomputing. So Benefits. Employees will get stringent
Resources (HR) has been at the
heart of it. With organizations it’s the time to change and redefine our targets, and they will earn less cash for the
now on the cusp of recovery, business in a new rhythm. It’s because higher effort. Yearly bonus plans will be
the role of HR is becoming even coronavirus could be an opportunity for us to canceled or adjusted to pay less than they
more important. re-think assumptions on products, services and did in the past. Having a secure job will be
business model as well as cross training and a very welcome benefit for many people
However the questions are
creating new products to be better prepared again.
endless when it comes to
envisioning the future impact for the next pandemic.
and role of HR post-COVID-19. The Future of Work Is the
One thing is for certain – the Future of Worker Wellbeing
Learn To Live In A New Normal
pandemic and its inherent
effect on businesses has The world has changed dramatically in the first Employee well-being is being taken more
highlighted the need for half of 2020. Nowadays, we undergo one of the seriously than ever before and not only
adaptability and resilience in
biggest economic crises that will ruin many just in the physical sense, but also in the
today’s workforce, accelerated
businesses and lives. We need to realize that emotional, mental and spiritual sense.
the shift towards a new, digital
the coronavirus has created a new reality for Corona-virus has affected many of us in
economy and accentuated the
importance of HR in the new everyone, not just Human Resources. We will different ways. Those directly contracting
normal. have to re-set our HR Strategies because they the virus have the actual physical impacts
are not up to date. They were fine yesterday; of the virus, while others are facing mental
they will not fit into a New Normal. health issues that anxiety, fear,
uncertainty and social isolation can
The crisis provided proof that many jobs can be contribute to or even cause.
done remotely. Not just for a few days, but
they can be done remotely forever.
