What does Omniverse have for forward-looking business leaders?

Reading Time: 2 minutes
What does Omniverse have for forward-looking business leaders?

The global investment on technology is projected to grow 2.8 T by 2025, which means most business processes would become digital in the next one decade. Key capabilities that drive digital transformation in business are – Cybersecurity, AI, ML, IoT, pattern recognition, robotics, sensor-embedded services, Cloud-native platforms, composable applications, decision intelligence, distributed enterprise and autonomous systems besides others. What pervades social media currently is metaverse and omniverse. Many companies and business leaders see the platform as very promising to stay competitive in the digital age of tomorrow! 

xlri hr course, digital hr courses, pg courses for hrm, executive hr courses

So, how do business leaders become differentiators by deploying to the metaverse or omniverse strategy? 

Business leaders, especially future HRs while adapting these processes into the organization can promote – organization culture, innovation, retention, talent management and build creative business models. 

On an employee engagement level, Omniverse will replace zoom or teams platforms to ease organizations from fatigue or burnout challenges. The life-like avatar images can be more fun, engaging and effective. 

In an emergency like a pandemic situation has forced people to work remotely. With a spatially scattered workforce, it becomes difficult for HR teams to bring in an immersive factor and what makes it possible now is the Omniverse platform. Omniverse brings in a feeling that they are in the same room to provide a unified experience no matter which corner of the globe they work from. This platform is somewhere that tries to fight the absenteeism bias among employees and tries to bring in more collaboration in communicating goals and business initiatives effectively.

There is another advantage that Omniverse brings to digital human resource managers who wish to create a hybrid workplace. The platform helps futuristic recruiters to reduce hierarchical organization structures and enable for a more free workflow model that supports interpersonal relationships among employees and human resource teams. This will also largely change the culture and growth trend of the organization.

What makes this a success is understanding the risk while implementing a new technology and ensuring that it is designed so that it does not lose human touch and brings in more equilibrium between physical and virtual rather than excessive monitoring by HR. HR can use metaverse and omniverse to create best digital practices that contribute to a healthy management work culture. 

xlri hr course, digital hr courses, pg courses for hrm, executive hr courses

Though deploying novel metaverse and omniverse can be risky, bringing ethical imperative as a dominant challenge, the benefits are outranging. Companies recognizing these novel approaches can actually facilitate financial inclusion and narrow down social imbalance at workplaces, innovate education thinking, broaden employability scope and shape economic perspective. 

To achieve sustainability business success and collaboration with stakeholders in the company, business leaders should make virtual environments like metaverse and omniverse more human-centric, protecting the privacy and respect of the individuals at a macro-level. 

1 thought on “What does Omniverse have for forward-looking business leaders?”

  1. Thanks for the sensible critique. Me and my neighbor were just preparing to do a little research on this. We got a grab a book from our local library but I think I learned more clear from this post. I’m very glad to see such excellent info being shared freely out there.

Leave a Comment

Your email address will not be published. Required fields are marked *

Featured Blogs

1 thought on “What does Omniverse have for forward-looking business leaders?”

  1. Thanks for the sensible critique. Me and my neighbor were just preparing to do a little research on this. We got a grab a book from our local library but I think I learned more clear from this post. I’m very glad to see such excellent info being shared freely out there.

Leave a Comment

Your email address will not be published. Required fields are marked *

Featured Post

Everything you need to know about the CPA Exam

Everything you need...

The US Certified Public Accountant (CPA) exam is a comprehensive...

31 Jan 23

Read more

best institute for CPA in India

How to Become...

What is CPA?   CPA stands for "Certified Public Accountant."...

27 Jan 23

Read more

Too many jobs, not enough Accountants!

Too many jobs,...

Are you considering a career in accounting? Now is the...

25 Jan 23

Read more

CPA vs CA

The Ultimate Combination...

Certified Public Accountants (CPA) and Chartered Accountants (CA) are two...

24 Jan 23

Read more

Miles CPA Alumni: Achieving success in the accounting world ft. Mitesh Madhani

Miles CPA Alumni:...

Welcome to the world of building a successful career in...

18 Jan 23

Read more

cpa salary in big 4 in india

CPA Salary in...

The CPA Salary in India and USA Are you ready...

16 Jan 23

Read more

IIM Lucknow Executive Programme in Digital finance

Digital Finance Transformation:...

Digital finance transformation has been the buzzword of the finance...

13 Jan 23

Read more

Becoming a US CMA in India: What You Need to Know

Becoming a US...

Are you considering becoming a US Certified Management Accountant (CMA)...

12 Jan 23

Read more

cpa course

Miles CPA Alumni:...

Prepare to be mesmerized folks! We've got another tale of...

11 Jan 23

Read more

US CPA: A Page Turner Career Pathway in India

US CPA: A...

Certified Public Accountant (CPA) for accounting professionals is a dream...

10 Jan 23

Read more