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Words of the Year

By Michael Shapiro - Synthesis Managing Director - NFT
By Michael Shapiro - Synthesis Managing Director - NFT

Words of the Year

By Michael Shapiro, Synthesis Managing Director

The word of the year in 1999 was “Y2K.”  In 2007 it was “subprime.”

And then in 2016 it was “Brexit.” 2017 saw the emergence of “Fake news,” and in 2019 it was “Climate emergency.”

And then the world changed. In 2020 the word of the year was “Pandemic” and this year, 2021, according to the Oxford English dictionary the word of the year is “Vax.”

The Collin English Dictionary took a slightly different angle. Their word of the year was NFT. The abbreviation for non-fungible tokens, or as Collins defines it: “unique digital certificate, registered in a blockchain, that is used to record ownership of an asset such as an artwork or a collectible, shot to prominence as the market for NFT’s soared, aided by high-profile celebrities stirring up the hype.

According to Collins managing director Alex Beecroft “It’s unusual for an abbreviation to experience such a meteoric rise in usage, but the data we have from the Collins Corpus reflects the remarkable ascendancy of the NFT in 2021.”

Other words that made the shortlist are also somewhat unsurprising. “Metaverse,” “Crypto,” whilst “Hybrid Working” and “double-vaxed” also made the shortlist.

Our use of specific words reflects not only what dominates our language but reflects our thoughts and perhaps obsessions. It can also denote our mental and emotional state as well as the desired outputs we would like progress. This is indicated by “pandemic” being last year’s word and then “vax” being the word of the year for 2021.

What is worth noting is that almost all the words of the year concerned one of two things: either the Covid-19 pandemic and technological developments. The world, it would seem, is myopically focused on these two areas.
That said, I believe that there is a missing word in 2021. And that word is “gratitude”. There is so much that we have to be grateful for. With the vaccine, the world is moving back to health, economies are starting to recover and if I look at our company, we have not only “survived” the last few years, but we have thankfully thrived.

Commercially we have done so because of a number of factors that are in our favour.  As a technology company, we are extremely fortunate to be able to continue unimpeded with our work, and we operate in an area experiencing high and growing demand. Our customers have “doubled down” on Cloud, Digital, and innovation in general – and we have been the beneficiaries of this increased activity.

Globally enterprises are acclimatised to and comfortable with remote development. It means a whole range of international opportunities are accessible to South African companies.

With remote working, companies also need to acknowledge the partners and families of their employees. Whereas in the past we might have been grateful to our team and our people, the shift to distanced working has made partners very much part of the team. Managers need to acknowledge and recognise partners and family who have endured an untold number of MS Teams or Zoom meetings and who through no choice of theirs became part of their partners’ work environment. Children, pets and vacuum cleaners as well as Hadadas might also have made countless appearances, but I am not sure that gratitude needs to extend to them.

Our company strategy was to do as much as possible to assist our employees. We arranged weekly Masterclasses with wellness practitioners and industry experts, virtual board game and poker evenings, online team builds and coffees. We ran competitions to keep people engaged and created a Covid Task team responsible for wellness. We kept them informed with a weekly Covid podcast, that landed up reaching many hundreds of thousands of viewers and was nominated for a number of awards. In short, we focused on our team so that they could focus on customers.

We have no idea what the next year will bring. But I am greatly looking forward to 2022. It is time to bid farewell to a year that challenged us and welcome in the new. We use words over and over. The Oxford English Dictionary, Collins and others reflect what we speak about as humans across the globe. My wish to us all is that in 2022 the word of the year will be “fulfilment” as we all strive and reach our potential.