Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Reworking the Revolution

52,757 views

Published on

In the age of artificial intelligence (AI), business success will increasingly depend on people and machines collaborating with each other. AI will elevate people’s capabilities as workers help intelligent machines to learn and improve. This will not only drive efficiencies, but create new forms of growth and innovation. To succeed, organizations must reimagine work, pivot their workforce to new growth models and ‘new skill’ their people to do more valuable work.

Published in: Technology
  • Be the first to comment

  • Be the first to like this

Reworking the Revolution

  1. 1. DRIVING GROWTH THROUGH HUMAN-MACHINE COLLABORATION 2Copyright © 2018 Accenture. All rights reserved. Businesses have successfully used AI to improve efficiencies. But as they seek to achieve superior rates of growth, they must apply AI in more innovative ways. Future value creation lies in humans and machines WORKING TOGETHER to create new customer experiences. If businesses fully commit to AI and invest in human-machine collaboration, Accenture estimates that they could boost revenues by 38% IN THE NEXT 5 YEARS and generate higher levels of employment and profitability.
  2. 2. Copyright © 2018 Accenture. All rights reserved. 3 INTELLIGENT ENTERPRISES RECOGNIZE THE VALUE OF AI of business leaders believe their industry will be completely transformed by intelligent technologies. agree that adopting intelligent technologies will be critical to their organization’s ability to differentiate in the market. say their organization will automate tasks and processes to a large / very large extent in the next 3 years, but 97% also say they will use it to augment worker capabilities.
  3. 3. 4 FUTURE VALUE LIES AT THE INTERSECTION OF HUMANS AND INTELLIGENT MACHINES of business leaders believe human-machine collaboration is important to achieve their strategic priorities. expect the share of roles requiring collaboration with AI to increase in the next three years. Copyright © 2018 Accenture. All rights reserved.
  4. 4. AI INVESTMENT WILL BOOST REVENUE GROWTH AND PROFITABILITY 5Copyright © 2018 Accenture. All rights reserved. Source: Accenture Future Workforce Study 2017
  5. 5. MORE JOBS WILL BE RECONFIGURED THAN ELIMINATED 6 of business leaders say that job descriptions are obsolete as machines take on routine tasks and people move to project-based work. Copyright © 2018 Accenture. All rights reserved. Nearly all leaders report that they’ve re-designed jobs to some degree. 29% report that they’ve made extensive changes.
  6. 6. 7Copyright © 2018 Accenture. All rights reserved. THE GREATEST IMPACT OF AI WILL BE TO RECONFIGURE JOBS Source: Accenture Research Future Workforce Ethnographic Study 2017 “Michelin solutions has used digital technologies, including IoT, to create innovate customer experiences that extend the value of our expertise. Part of the success is due to the way people collaborate with technology and data to offer new services. As businesses adopt artificial intelligence, human-machine collaboration to enhance human intelligence and capabilities will be a critical part of new business models.” FLORENT MENEGAUX, Senior Executive Vice President and Chief Operating Officer, Michelin Operational Roles Mono-skilled Roles Generalist Roles Technology Orientated Roles Insight-Driven Roles Multiskilled Roles Specialized Roles Creative Roles
  7. 7. RECONFIGURED JOBS ELEVATE PEOPLE’S CAPABILITIES 8Copyright © 2018 Accenture. All rights reserved. . A DRILLING TECHNICIAN Drills multiple test holes, manually preparing the drill, calculating and entering correct pressure and speed for the drill. AI tells the drilling technician which oil deposits to target and intelligent drills calculate speed, pressure and depth. A PHARMACOVIGILANCE SCIENTIST Combs through vast volumes of documents, in order to assess safety issues related to drugs. AI using Natural Language Processing and Machine Learning helps free scientists to work on higher risk cases and cater to the growth in Adverse Event cases. A SOFTWARE DEVELOPER Spends time each week identifying new spam flags and manually writing rules for spam detection. Machine intelligence identifies new spam keywords and updates detection rules freeing the employee from work unrelated to new software development.
  8. 8. RECONFIGURED JOBS ELEVATE PEOPLE’S CAPABILITIES 9Copyright © 2018 Accenture. All rights reserved. AN AEROSPACE ENGINEER Designs a new plane component making manual calculations to produce strong and light designs. Generative Design mimics nature’s evolutionary approach to consider millions of possible designs and to test for strength and lightness. A LONG-HAUL DRIVER Controls the vehicle on the road, in charge of the speed, braking and steering. The driver becomes an ‘in-cab systems manager,’ performing high-level technical work such as monitoring diagnostics systems and optimizing routing as automation controls breaking and speed.
  9. 9. WORKERS ARE IMPATIENT TO WORK WITH AI 10Copyright © 2018 Accenture. All rights reserved. of workers say it is important/very important to develop their skills to work with intelligent machines in the next 3-5 years. say intelligent technologies will positively impact their work. believe AI will help them do their job more efficiently.
  10. 10. BUSINESS LEADERS UNDERESTIMATE WORKERS’ EAGERNESS 11 They are underinvesting in skills. Copyright © 2018 Accenture. All rights reserved. of executives plan to significantly increase investment in skills development programs in the next three years.
  11. 11. PRIORITIES FOR LEADERS 12 REIMAGINE WORK Shift from workforce planning to work planning PIVOT THE WORKFORCE to areas that unlock new forms of value SCALE UP “NEW SKILLING” to work with intelligent machines Copyright © 2018 Accenture. All rights reserved.
  12. 12. REIMAGINE WORK Copyright © 2018 Accenture. All rights reserved. 13 CEOs must escape the debate about AI’s impact on jobs. The real issue is the need to reconfigure work. Shift from workforce planning to work planning. Assess tasks – not jobs Allocate work to machines and people, balancing the need for automation and augmentation. Create new job descriptions Free people from function roles and build project based teams. Map skills to jobs Assess internal capabilities required. Map to existing skills. Then reskill and source new talent.
  13. 13. PIVOT THE WORKFORCE Copyright © 2018 Accenture. All rights reserved. 14 to areas that unlock new forms of value creation. Align the workforce to new business models Orientate it to support new customer experiences. Make the business case Use automation to fuel growth by reinvesting savings in the workforce. Organize for agility Create flexible processes; create the structures that support the assembly and disassembly of teams. Foster new leadership DNA Create leaders at all levels in more autonomous working environments.
  14. 14. SCALE UP ‘NEW SKILLING’ Copyright © 2018 Accenture. All rights reserved. 15 to work with intelligent machines. Prioritize skills for development Strike the balance between technical, judgement, and social skills. Target “new skilling” Assess different levels of skills and willingness to learn. Cater to these different levels. Go digital Use VR and AR to accelerate the speed and scale of effective training. Deploy digital learning boards to democratize training. “Our customers’ expectations are changing. They want simpler, faster, frictionless experiences. We are constantly evolving our use of technology to empower our associates and provide them with new skills at a rapid scale to better serve our customers.” JACQUI CANNEY, Executive Vice President, Global People Division, Walmart
  15. 15. Copyright © 2018 Accenture. All rights reserved. 16 CREATING NEW CUSTOMER EXPERIENCES WITH AI Marriott International uses robots to welcome guests and deliver items to guests’ rooms. Their AI and chatbots service requests and help concierge teams offer new experiences. “Ultimately, AI helps employees strengthen their relationship with guests by knowing them better. When we experiment with new technology, we implement it with a personal touch and ensure that we train our people in a localized way.” DAVID RODRIGUEZ, Chief Human Resources Officer, Marriott International.
  16. 16. 17 Stitch Fix, an online clothes retailer, uses algorithms to interpret customers’ preferences, based on customer returns or even their Pinterest posts. This helps the company’s stylists offer bespoke clothes selections to these customers. CREATING NEW GROWTH MODELS WITH AI Copyright © 2018 Accenture. All rights reserved.
  17. 17. 18 CREATING NEW MARKETS WITH AI Adidas launched SPEEDFACTORY, an initiative to localize manufacturing and meet the demand for more tailored products. Moving from design to production of a customized shoe can now be completed in mere days. The linchpin is the collaboration of people and robots in a series of overlapping production steps. Copyright © 2018 Accenture. All rights reserved.
  18. 18. METHODOLOGY The Accenture Research program was built on five proprietary research initiatives. 19 1 Employee survey of 14,078 workers across skill levels and generations. Business leader survey Of 1,201 business leaders In-depth interviews with 48 C-suite executives in Australia, Brazil, China, France, Germany, India, Italy, Japan, Spain, UK and USA. Both surveys covered 11 countries (Australia, Brazil, China, France, Germany, India, Italy, Japan, Spain, UK and the USA) and the following industry sectors: Automotive, Consumer Goods & Services; Health & Life Sciences; Infrastructure & Transportation; Energy; Media & Entertainment; Software & Platforms; Banking (Retail & Investment); Insurance; Retail; Telecommunications; Utilities. Ethnographic interviews 30 in-depth qualitative in-work interviews with individuals who have been significantly impacted by the integration of new AI technologies into their workplace. Covered Brazil, China, Germany, India, Japan, UK and USA and eight industry sectors. 2 3 4 Econometric modeling to determine the correlation between investment in AI and financial performance, as represented by additional revenue, profitability (EBITDA) and employment. 5 Copyright © 2018 Accenture. All rights reserved.
  19. 19. LEARN MORE Download the report www.accenture.com/futureworkforce Copyright © 2018 Accenture. All rights reserved. 20 Learn more about Future Workforce https://www.accenture.com/us- en/future-workforce

×