Digital transformation is not only about technology, it is about bringing together the power of technology with a culture that embraces the change and demands placed on the organizations by its customers. It enables the organization to continually transform and innovate to simultaneously drive and respond to the shifting demands of the market. As the world becomes increasingly interconnected, a new wave of smart technologies is changing how we approach everyday activities, from finance to transportation to healthcare to purchasing goods and communicating, to name a few. Companies face a myriad of complexities in various stages of change and an increasing pressure toward sustainability of every facet of their operations. Simply put, smart living is the future.
Baker McKenzie is a law firm that understands the transformation life cycle and can guide you every step of the way. We are well positioned to assist clients from adoption or use of smart technologies, managing and protecting aggregate data, compliance with regulations, mitigation of broader business risks to handling various transactional requirements, and managing employment mobility and gearing them into the workforce of the future – to enable good and sustainable governance of the company.
In this session at the 2020 Singapore Fintech Festival, held on 10 December 2020, the Asia Pacific Employment Group provided an overview of our approach to dealing with digital transformation, focusing the discussion on modern workforce, including identifying the risks and challenges in establishing a virtual and flexible workforce and providing guidance as to how these challenges can be met. In particular, our team draws out from the recent experiences of employers in conducting business with their workforce in isolation.