Many are still in dilemma how will be the Future of Work in 2021

Now that the debate about remote work is over, it's time for managers to set new goals for managing the workforce of 2021. Many teams have never met in person and may not have worked side by side. Some employees joined the company via Zoom and connected with colleagues exclusively via a laptop screen. Managers need new tactics for communicating with workers day to day and bringing new team members into established groups. This means trying new collaboration platforms such as asynchronous video, dropping the 9-5 schedule in favor of flexible work windows, and extending the onboarding process to cover months instead of weeks.

Some believe that the company culture is facing a crisis because employees are craving collaboration and social connectedness but video calls are no longer cutting it. It seems that, new modes of collaboration will evolve and with the fatigue of video calls, more businesses will revert back to prioritizing phone calls over video. At the same time, few say, Teams that succeed will find new ways to develop trust, embrace conflict and make commitments. At the same time, the Indian Telecom industry will see disruptions in 2021 which will be the fuel to growth for all telecom operators. The government at last announced 4G spectrum auctions in March this year even as Reliance Jio expects 5G launch to take place in 2021. Secondly, 4G tender of BSNL is expected this year as other telcos and internet service providers continue to focus on their wired broadband business. With this India is also going to witness adoption on the OpenRAN front this year.

Secondly, as our country prefers cash transactions, players like justpay, Rupay, PayTm etc. play a very important role in creating trust in digital mode of payment within the existing and target user base.

Most of the smartphone OEMs are going to see the launch of several new smartphones across the price ranges. OEMs are gearing up to launch their phones including Apple’s iphone13, The Oneplus 9 series, the Samsung Galaxy S21 g series among others. The year 2021 will see a big war for cloud skills. The new war for talent is being fought in the cloud. Demand for cloud has shot through the roof since the beginning of the pandemic, as businesses tried to build resiliency.

The most interesting movement we have seen is Blockchain, which has an important role and allows anonymous transactions, built on the concept of transparency, which means that all transaction details are stored in the block chain and can be viewed when needed. The cryptocurrency's recent highs were achieved at weekends and during the festive period when many brokers were away from work. As per the investment bank JPMorgan, Digital currency bitcoin has emerged as a rival to gold and could trade as high as 1,46,000 dollars if it becomes established as a safe-haven asset. It is a back door for all the cash rich personalities and investors to hive their money through this digital assets. The government is weighing a proposal to impose 18% goods and services tax (GST) on bitcoin transactions, estimated to be around Rs 40,000 crore annually. The ministry has put forward the proposal to the Central Board of Indirect Taxes & Customs (CBIC), suggesting that the government could potentially receive Rs 7,200 crore annually on bitcoin trading in the country.