NEW CODE OF WORK AWARDS
CELEBRATING ORGANISATIONS SCRIPTING THE FUTURE OF WORK
ABOUT THE NEW CODE OF WORK AWARDS
2020. No year in recent memory has shifted our boundaries of work and life more. A global pandemic; a true black swan. Economies, governments, businesses and people have all struggled to come to terms with a healthcare calamity that has shifted every goalpost. Life, as we knew it, came to a standstill in March this year. In sum, the world economy will shrink in 2020, the Indian economy will too. The human cost, however, is massive. Whilst healthcare remains the key priority in every country, a close second is livelihoods. Estimates suggest 400 million job losses globally; India numbers are hard to estimate given the informality of employment in most sectors, but the pain has been, and remains, evident.
Eventually, a vaccine will be found – one already has – and the pandemic will be controlled. The way we live however, and even more, the way we work, has changed, and it may never be the same again. At the level of businesses, we have to be as ready for the eventual economic rebound as we are to navigate this time of risk and uncertainty on every plane – economic, human and business.
In 2020, the New Code of Work Awards were launched with the intent to identify the future of organisational design, talent development and leadership and to recognise India’s businesses that were leading change. The Awards were prescient – key trends highlighted by the inaugural edition have all accelerated in 2020. Illustratively, everything went online and millions across the world began working from home almost overnight – and continue to. Never in the history of humankind so many people have worked remotely, at the same time. Over time, some of this will shift back to the old normal but much of it will not. A deep-rooted cultural change within our organisations, teams and people is underway.
Lessons in leadership, in productivity, in building true meaning at work and being future ready when the future itself collapses at the speed of light towards you, are being relearnt. The best among us already have stories, predictions and strategies to share.
THE NEW CODE OF WORK AWARDS 2021
The 2021 edition of the Awards seek to highlight the future of work, of workplaces, of talent in the context of a year when everything changed dramatically, albeit in line with predictions that the 2020 Awards laid out. Now more than ever, identification of emergent best practices is crucial; more than ever, recognition of path breaking efforts in the face of insurmountable challenge is key. It has been an incredibly difficult year; but lessons learnt, and initiatives undertaken must be celebrated. Because that is the human spirit. To endeavour, to persevere, to surmount, to win.
In a bid to support talent leadership, the Awards will also expand their ambit to include closed circle leadership conversations in the run up to the Awards ceremony. That they will be virtual we can be sure of. That they can be physical, we can hope for. These will build further on the archive of knowledge that the NCOW commenced in 2020. The NCOW believes that it is through collective engagement, through true sharing of experience and opinion that collective – and therefore, individual gain, lies.
Among the many lessons that Covid-19 has taught us, a key reminder is the universality of calamity when it truly strikes. And so, the Awards will also expand their ambit across Asia beginning with Singapore, Thailand and the Philippines. The Asia Awards will be hosted concurrently, best practices across countries will be shared – virtually and through extensive case studies. In the fullness of time, the New Code of Work will represent itself differently across countries but celebrating that on a common platform has value that we hope to unlock for industry leadership
Chairperson NCOW Awards, Former Managing Director, IMA India
Founder, MD and CEO, Multiples Alternate Asset Management
MD and CEO, Diageo Global
Director, Global H.R. & CEO, Carbon Black Business at Aditya Birla Group
AMARJIT SINGH BATRA
MD, Spotify India