WHEEBOX AND PEOPLESTRONG PRESENT
NEW CODE OF WORK AWARDS
CELEBRATING ORGANISATIONS SCRIPTING THE FUTURE OF WORK
Winners of NCOW 2020
ABOUT THE NEW CODE OF WORK AWARDS
The world is changing in ways that could not be foretold even five years ago. Every plane of life has seen dramatic shifts – some sudden, as in the geopolitical arena as a decade of slower growth prompted the rise of nationalists as leaders. Other trends, evident for years, have accelerated to become quantum forces of change. Technology – the rise of AI and machine learning – and climate change – with its multiple ramifications – are key drivers of decisions; personal, corporate and at the level of governments. For corporations, the world over, but particularly in India with our curious demography, explosive potential and the complexities of needed education, skills, and employability, every goalpost of success has shifted. Be it Market Complexities, Boundaryless Competitive Landscape, Changing Consumer Expectations, Regulatory changes or the new world of jobs – the wider context for work is in the state of flux.
The greatest drivers of change, however, are internal, as organizations and teams morph into new forms, driven again by this wider context but specifically by millennial workforces that lives and breathes technology and whose sensitivities demand respect, if we are to evolve into the highly productive organizations, that will succeed in the coming years. In addition to this Fluid ‘gigs’, decentralized teams as technology kills distance (in turn impacting culture) and a workforce that demands ‘meaning’ at work and a whole new set of incentives are hallmarks today.
In such a dynamic world where identifying the core attributes that would define success for the organizations of the future is difficult, building them is even more so. And thus, it is definitely something to be celebrated and recognized. With the New Code of Work Awards this what we aim to do. The New Code of Work Awards seeks to identify and highlight how thought leaders across corporate India are scripting this new wave.
NEW CODE OF WORK CHARACTERISTICS
PARAMETERS WE ARE EVALUATING THE NOMINATIONS ON
Hallmarked by massive increases in productivity, industry today is led by technology and increasingly skilled teams that deliver products and services faster, better, cheaper. The New Code of Work expects focus on the ‘how’ of this productivity, substantial shifts in which are still expected. How will productivity be driven such that improvements are quantum but without strain; that the inspiration is happy teams; that it includes knowing how to let go rather than slog away, that it involves true focus on R&D and upskilling; and that it seeks out individual brilliance to expand that into team and corporate paradigms
BRINGING MEANING TO WORK:
Purpose and meaning. Arguably the two big quests for mankind in the 21st century. At work, this translates into creating a brand, experience and organizational structures that respond to this fundamental need of talent the world over. The New Code of Work is driving meaning at work through processes, experiences and critically, a value system that places higher purpose and deeper meaning at the core of organizational philosophy.
LEADERSHIP - MANAGING TODAY AND TOMORROW
Leadership. Eternal. Ever-changing. Continued paradigms, yet new manifestations. Inspirational. Collaborative. Visionary. Empathetic. Focused on the ‘other’ yet conscious of the impact of self. The New Code of Work needs leaders at the helm and yet, leaders are strewn across the business, individuals in their own right but melded into a collective whole that is infinitely the better for their presence. What defines the ‘successful’ leader who will take us into tomorrow?
When the pace of change is meteoric, future-readiness must be a core organizational attribute. As technologies, demographics and governments accelerate this trend what was the future yesterday becomes the present and even sooner the past. Future readiness encompasses strategy, people and organizational structures. The heart of tomorrow’s organization, ‘readiness’ will occupy a pole position where short-term wins will naturally dovetail into long-term success on the plinth of visionary agility.
Companies with presence in atleast 5 countries (covering at least THREE continents) and an annual revenue more than 5000 Cr INR.
Companies headquartered in India, with an annual revenue more than 1000 Cr INR.
Startups with an annual revenue of 3 crore INR (minimum) and have completed minimum 3 years and maximum 8 years of being in business.
Mid Size Enterprises
Companies headquartered in India, with an annual revenue that ranges between 30 Cr – 1000 Cr INR.
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
Founder and Group CEO, MakeMyTrip
AMARJIT SINGH BATRA
MD, Spotify India
CEO , Niti Ayog