How should we as individuals handle digital transformation? New technology is being brought to the market at an ever faster rate. No company wants to fall behind and therefore innovation and transformation are necessary for the survival of companies. Personal transformation is equally important. Whether we are business leaders, managers, employees or entrepreneurs, none of us can afford to stand still from an individual perspective. This means that each of us must constantly adapt and develop. In short, we all have to constantly increase our knowledge, improve our expertise and develop new skills.

The business world is changing dramatically. New technologies such as Artificial Intelligence (AI), Machine Learning (ML), automation and robotics come in many different forms. Event hough it is still unclear how it will affect the labor market.

Here at WilburFlow, we are convinced that we all need new skills to stay relevant and in this article we have collected more thoughts on how we can face the future.

Prepare for the Unpredictable

Given the rapid pace of change, it is almost impossible to predict which technologies and areas of expertise will be the most relevant in the future. That is why the ability to adapt and learn new skills is so critical. But it will not happen by itself. It is important to invest time in setting goals for your training, formulating a plan and then implementing that plan.

Be Attentive to Growth Opportunities

Make it your priority to learn more. Even though companies often have a formal process for staff evaluations and employee development, you should still make it a priority to regularly evaluate your knowledge with the aim of identifying gaps or growth opportunities. Be interested in understanding different business areas and how different parts of the organization work and interact. Be attentive and curious about new technologies being used in your field of work or that are on the horizon. Define your own plan for learning opportunities in the short, medium and long term and how to achieve them. Implement your plan in practice and regularly evaluate your progress.

Learn from Failure

Last but not least - Look at your failures and mistakes as opportunities to learn something. Many successful business leaders strive to build an environment that allows and in some cases even encourage mistakes, provided they are not repeated.

Read more about our thoughts and findings about digital transformation and much more in our Field Notes