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Adecco_The Future of Jobs and Skills

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Adecco_The Future of Jobs and Skills

  1. 1. THE FUTURE OF SKILLS & JOBS - Ashwin Swaminathan CEO for One Month Finalist ADECCO
  2. 2. WHY FUTURE OF SKILLS & JOBS?  Open ended topic – brings my perspective  Coherently connects relevant issues and other topics  Visionary goal aligned with Adecco values  Responsibility of Adecco as bellwether of Industry  80% people hate their jobs *
  3. 3. EVOLUTION & AUTOMATION – I (TECHNOLOGICAL FACTORS)  Hunting, farming to tools  Everyone needing to make food, to no one!  All manual labor – mechanized (Industrial Age)  Intelligent, self-teaching robots make white-collar jobs obsolete (Decision making)  Technology evolves faster than biology (Automation, Data Science, Machine Learning and Social Networks, Artificial Intelligence, IOT, Nanotech, Genetic and Biotech)
  4. 4. EVOLUTION & AUTOMATION - II
  5. 5. EVOLUTION & AUTOMATION – III
  6. 6. EVOLUTION & AUTOMATION – IV
  7. 7. EVOLUTION & AUTOMATION - V  45% of all workforce could lose Jobs!  Skilled humans unemployed for no fault of theirs?  Trend-setters change the system and drive trends  Look to anticipate, drive change, evolve workforce, facilitate passion at work and make life better
  8. 8. EVOLUTION (SOCIOLOGICAL FACTORS) - I  Demographic- Ageing Population  Growing diversity  Changing work environments shaped by ICT  Growing desire for greater work-life balance  Shift to Asia, growing economic power of countries in East
  9. 9. EVOLUTION (SOCIOLOGICAL FACTORS) - II  Interdisciplinary skills  Women’s empowerment economic power *  Rapid urbanization
  10. 10. HOW TRENDS ARE MOVING  35% of core skills will change from 2015 to 2020
  11. 11. HUMAN ELEMENT – SKILLS FOR FUTURE  Leadership and Entrepreneurship  Team spirit  Empathy  Morals, ethics, values, responsibility  Communication  Passion  Importance of HR booms
  12. 12. HOW DO WE MAKE WORKFORCE READY?  Education system built for Industrial Age  Talent survey – 35% of 38,000 employers in US are dissatisfied  Coming East, every year 5 lakh out of 30 lakh graduating students are employed!
  13. 13. HOW DO WE MAKE WORKFORCE READY?  Change starts from elementary education system system, upbringing, culture, attitude, beliefs and values  Focus shift from IQ to EQ and SQ  Create global citizens  Make static part solid – Pareto Analysis, with extensive R&D on the dynamic part to drive evolution
  14. 14. CHANGES BEING DRIVEN  Educational Institutions – Harvard’sTalerang  Corporates drive change – sustainability initiatives  Adecco – CEO for One Month; Way to Work  Creates all-round, well developed early stage professionals – bridges gap of work readiness
  15. 15. UNDERSTANDING TO EFFECT CHANGES - ADECCO  Volatile global environment  Effective regulatory framework  Technology & Automation  Demography  Sociology and Diversity
  16. 16. BIBLIOGRAPHY
  17. 17. THANK YOU! Your questions are my scope for introspection. Please feel free to ask 

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