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Iconixx Insights Blog

The Future of Work in a Post Pandemic World

By April 20, 2020June 11th, 2024No Comments

We need to accommodate a new hiring landscape with an agile workforce.

Regardless of the current economic uncertainty, some industries are experiencing a high demand requiring that they adapt and continue to do business.  That means they need the manpower to accommodate growth.

COVID-19 has changed how businesses are recruiting and retaining workers.  Remote is the new normal.  Talent management systems were created for a personal face-to-face experience. HRM systems were designed for transaction scale, not to determine the potential of candidates.  So now what?

Digital Resources

The staffing and talent acquisition industry will be rolling out digital toolkits and AI platforms to support the need of their clients.  Today’s world presents many challenges, workforce enablement is one that can be managed by leveraging technology. From quickly identifying quality candidates and the interview process to onboarding – industry leaders specializing in talent acquisition are gearing up to make sure both employers and talent are covered.

People

The technology is available to implement the new normal in a hiring process, but what about the actual human element.  Remote workers have always existed, some successfully and some not.  The need for a remote workforce is growing and becoming even more desirable or even necessary.  All businesses need to be prepared.  Staffing and talent industry leaders are the experts in this area and can lead the way for the rest of us.  Their expertise is human capital, and they have been successful because they have fulfilled their responsibility to those who depend on their leadership.

Adaptability is a trait that we should all cultivate – now more than ever.  Whether you’re a business owner, manager or employee, your ability to rise to a challenge can help to mitigate negative effects of change and help you to stay productive, safe and successful.

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Bottom Line

Companies that specialize in providing our industries with required manpower are looking at how to develop mechanisms to fulfill a need for a new remote, distributed workforce.  That future includes methods to provide end-to-end visibility personalized to fill the needs of both the employer and the worker.

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Ballast Point Ventures

Ballast Point Ventures is a later-stage venture capital fund established to provide expansion capital for rapidly growing, privately owned companies in diverse industries, with a particular emphasis on companies located in Florida, the Southeast, and Texas. The BPV partners have more than 70 years of combined experience investing in and building high-growth companies in a number of industries, including healthcare, business services, communications, technology, financial services, and consumer goods. BPV has $200 million under management and seeks to make equity investments ranging from $3 million to $10 million.

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Harbert Management Corporation

Harbert Management Corporation seeks to generate superior returns for their investors by identifying and investing in the most promising early growth stage companies in the Southeastern U.S. HMC seeks to capitalize on what it believes are compelling regional dynamics, such as a strong and fast-growing economy, significant research and development activities, and an established entrepreneurial community. The HMC team combines substantial investment, advisory, and operating experience with capital and networking contacts to support great entrepreneurial teams in successfully executing their growth plans. With offices in Birmingham, Alabama; Richmond, Virginia; and Gainesville, Florida, it’s well positioned to partner with entrepreneurs throughout the Southeast.

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KBH Ventures

KBH Ventures was an early investor in Iconixx Software. KBH's investment philosophy plays a significant role in the firm's successful track record. KBH believes in running businesses to be cashflow positive and profitable every month. Startups and companies in a startup mode, such as one that has been purchased in distress, are expected to generate revenue within the first six months and reach profitability within the first 12 to 18 months. KBH also only invests in or acquires companies that are in the startup phase or have less than $20 million in revenues. KBH targets technology companies that offer business-to-business services.

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S3 Ventures

S3 Ventures is an early expansion and growth stage venture firm with $200 million under management. It’s focused on information technology solutions that solve large business problems. S3 also invests in medical devices that improve the human condition. S3 invests in category-defining opportunities. It partners with the team and help focus methodically on what it takes to build a successful company. S3 today helps talented entrepreneurs take their technology and market knowledge and form valuable businesses in a repeatable fashion. Investment sizes start at several million or more for Series A, B, and C financing.