How The New Normal is Shaping the Future Of Human Capital Development

The events of the past two years have pushed organizations to redefine business models and adopt the new normal. As economies and businesses are trying to offset the impact of these events, human capital and investments around human capital development are likely to take a centre seat. Right from accessing and hiring the right talent to build a resilient and digital-ready organization, human capital development is going to be the key. The new normal is likely to witness the hybrid working model. Although this is a positive change, the new working model would restructure the existing organizational culture. Therefore, organizations should look to create an employee-centric work culture that is in line with the core values of the organization as well as adaptable to both in-office and remote working. Organizational structures would change and become more flexible. The ultimate goal would be productivity and performance, but employees would feel more inclusive and valued. All...