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New Delhi15 hours ago
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Nitin Paranjpe said that all practices are changing rapidly. This makes formal education very quickly irrelevant.
- Unilever COO said – change in workday is part of social change
- Definition of employees to be determined through future learning ability
Work and workplace are not going to remain the same in future. The compulsory 5-day work week is unlikely to return again. This was stated by Nitin Paranjpe, Chief Operating Officer (COO) of the global consumer goods company Unilever.
Likely to become new normal in 4-day work week
At the annual NTLF event organized by IT industry body NASSCOM, Paranjpe said that the 4-day work week is likely to become a new normal. The reason for this is that now people are giving more importance to work-life balance. He said a 5-day work week is unlikely to return to office. Paranjpe has also worked in Hindustan Unilever for many years.
Unilever is in talks with employees for 10 months
Nitin Paranjpe said that Unilever has been in talks with employees for the last 10 months on practical ways to move forward. He said that there will be different ways of employee engagement for companies going forward. Recalling the past, Paranjpe said that companies used to work 6 days a week in the early days of their careers, which has come down to 5 days. He said that working 4 days a week can be new normal. This process is part of social change.
Ability to learn will define employees
He said that employees will be defined through the ability to learn in the future. Because all practices are changing rapidly. This makes formal education very quickly irrelevant. It forces everyone to become ignorant and then learn faster. Nitin Paranjpe made it clear that daily wages that started the IT industry in India are now outdated. Now is the future to embrace diversity. Also the employee should be able to deal with the upcoming challenges.
We have lagged behind on many fronts: Gurnani
Speaking at the same event, CP Gurnani, CEO of Tech Mahindra said that despite the government’s allocation of Rs 400 crore for skill development, we are lagging behind on many fronts. Giving the example of 5G, Gurnani said that in this sector we are behind the world. The reason for this is that the government has not yet allocated spectrum. Also, more than 800 universities do not have a curriculum based on important technology like Artificial Intelligence.