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. 

Leave a Comment

Your email address will not be published.

Featured Blogs

Leave a Comment

Your email address will not be published.

Featured Post

US CPA Course India

What differentiates a...

CPAs are accountants, though not all accountants are CPAs. A...

28 Sep 22

Read more

CPA Exam

This Dussehra, get...

This Dussehra, kickstart your journey toward a global F&A career...

23 Sep 22

Read more

Overseas finance career...

You may be considering a career in finance or accounting...

23 Sep 22

Read more

Appearing for the CFA exam? Here are 6 things you need to know

Appearing for the...

Did you know that the CFA credential is recognized in...

14 Sep 22

Read more


Miles grabs the...

Business World featured Miles Education in one of its recent...

8 Sep 22

Read more

CFA Exam in India

CFA: An Investment...

The field of investment banking has existed for a while....

6 Sep 22

Read more

FRM Exam

Studying for the...

Your success on the FRM exam depends on an efficient,...

2 Sep 22

Read more

Tips and tricks...

If you're getting ready to take the CMA Exam, you...

25 Aug 22

Read more


What are the...

Thinking US CMA may be the right choice for upgrading...

22 Aug 22

Read more

US CMA certification

What makes CMA...

The Institute of Management Accountants (IMA) confers the Certified Management...

20 Aug 22

Read more