What does it mean to future proof your career and company? As humans, we are naturally inclined to deal with the most immediate and pressing of needs. But, according to Maulik Parekh, for leaders and CEOs, future proofing careers and businesses means having to focus on imperative factors like embracing artificial intelligence, digital transformation and the gig economy.
Maulik Parekh was inspired to write his book, Futureproof Your Career And Company, after realizing the extent to which everyone was focused on surviving the pandemic vs looking long-term. So many leaders took their eyes off the horizon, forgetting the growing trends of artificial intelligence, digital natives, and the gig economy.
The business landscape has changed, and it continues to change. So, as a business leader, if you don’t prepare for them, you may come to experience a different kind of pandemic in the next 10 years.
Businesses that have managed to embrace the internet have undoubtedly emerged victorious during this pandemic. But some still fight this need for digital transformation, especially when they start to think that it's about buying the latest and the greatest technology out there, and then putting it into their legacy system - which isn't the case.
In fact, digital transformation isn't mainly about technology. It's about knowing your end goal. This means using the available technology to:
1. Improve your customer experience
2. Improve your employee experience
3. Transform your business model
The companies who look at these in the long-term will be the winners. Focus on improving customer and employee experience, analyzing your business model, and seeing if it needs a revamp.
With the current reality of the pandemic, there’s never been a better time to future proof your career and business.
Find out more about Maulik Parekh and his book at https://www.maulikparekh.com/ You can also follow him on:
LinkedIn: https://www.linkedin.com/in/iammaulikparekh/?originalSubdomain=sg
Instagram: https://www.instagram.com/iammaulikparekh/?hl=en
Timestamps:
00:39 – The best time to future proof your career and business
01:50 – Fighting change vs riding change
04:10 – What true digital transformation means
05:25 – Why are companies struggling with digital transformation?
07:35 – Blended working and work from home set up
10:34 – Advice to compani
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ABOUT PETER BOOLKAH
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Peter Boolkah (AKA The Transition Guy) is the World’s #1 Business Transition Coach whose main passion in life is to work with talented and high performing business owners who are in the process of creating exciting, high growth businesses.
Peter helps you to navigate and transition through the crucial growth pains that all growing businesses experience making it as painless and exciting as possible.
It is important to remember that businesses do not just grow and develop on their own, it is up to us and our teams to make this happen by making every day purposeful.
As businesses grow some parts of the journey will be easier than others and most owners do not have all the answers. Starting a business is one of the most exciting things we get to do and we all have aspirations of achieving great things. In fact Peter is yet to meet someone who started a business with the intention of failing.
Peter’s ultimate life goal is to inspire and empower over 100,000 Entrepreneurs to create long term thriving businesses resulting in the creation of 1,000,000 jobs.
So if you are scaling up your business, you’re in a bu...
