Good evening. In 1965, the University of Cambridge temporarily closed due to the bubonic plague. Isaac Newton had to work from home, and he used this time to develop calculus and the theory of gravity. No pressure dialoguers.
We read in a Forbes article that mandating 9-5 office hours, made more sense whenmost jobs were time and place dependent. Factory workers, manual labourers, and workers in retail stores or restaurants have to be at their place of work at specific times to be productive. Knowledge workers do not. Sitting in an office cube or in a conference room attending endless, poorly-run meetings is unlikely to be how your company’s strategic or product issues are best solved. Nor is it likely to be the most effective way to create your marketing message, manage your back office, or maintain secure information systems.
Our best and most productive work is often generated outside the constraints of the corporate workweek and the cube. Remote work is the new norm. will it last?
In other news, here are 7 things you need to know this week, happy reading.
7 things you need to know...
1. Ola to invest $327 million to set up ‘the world’s largest scooter factory’ in Tamil Nadu. The SoftBank-backed Indian ride-hailing firm has signed a 'Memorandum of Understanding' with the government of Tamil Nadu to set up what it claims would be the world’s largest scooter manufacturing facility. Read more here.
2. Can Europe effectively legislate the right to work-life balance? It would “entitle workers to switch off work-related tools and not to respond to employers’ requests outside working time, with no risk of adverse consequences.” The right won’t be limited to companies with 50 or more employees or give employers an out if they can’t reach an agreement. If passed, Parliament will refer the proposal to the European Commission and it could become law across the EU.
3. Not all readers are leaders, but all leaders are readers. Looking for new book recs? Forbes has listed out 6 books every business leader should read in 2021.
4. Tech giant Google is reportedly in talks with Reliance Jio and Bharti Airtel to pilot high-speed internet and telecom connectivity using light beams. The initiative is a part of Google’s ‘Project Taara’ which aims to provide internet connectivity through light beams.
5. Dhruv Khanna is on the path to innovate and upgrade the agriculture sector of India with his agri-tech startup. Triton Foodworks uses hydroponic farming, the science of growing plants without soil and is a leading producer of premium quality, pesticide-free, fruits and vegetables. Triton Foodworks was also part of the coveted Forbes Asia and Forbes India 30Under30 list. We dialogued with Dhruv over a podcast, hear it now!
6. After the TikTok ban, Indians spend half as much time on short video apps as they used to. In June, when TikTok held nearly 90% share of the segment, Indians spent 165 billion minutes on short-video apps. In comparison, Indians spent only 80 billion minutes on short-video apps in October—of which domestic apps accounted for 67%.
7. Nokia, the 155-year-old iconic firm that has manufactured a range of items from rubber to cables to phones and telecommunications equipment, is ready to expand to a new category. The Finnish firm on Monday launched the Nokia PureBook X14 laptop in collaboration with Walmart-owned Flipkart for the Indian market. The laptop will be exclusively sold through Flipkart in India.
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