The document discusses the impact of disruptive changes on employment levels, skills, and recruitment over the coming years. Major trends like artificial intelligence, robotics, and cloud technology are expected to significantly impact jobs and skills demands. By 2020 over a third of core skills for most occupations will be skills that are not considered crucial today. While business leaders recognize these challenges, they have been slow to develop strategies and are not confident in their ability to prepare. The report calls for businesses to invest in reskilling employees and developing new workforce strategies to help workers and companies adapt to changes.
Online Sourcing Hackathon for IT recruiters from Europe by AmazingHiring. Involving sourcing quiz and great co-speakers Iker Jusué and Guillaume Alexandre.
Watch Online Hackathon: https://youtu.be/MN6EOWMnsk4
Talent acquisition leaders understand the need to proactively establish relationships with candidates in order to attract and retain the best talent. But being successful requires more than big ideas--in fact, it often comes down to something far more practical: Operations.
Consistency and operationalized best practices are critical success factors, and both rely on sophisticated data management and robust back-end processes. In this webinar, Kyle Lagunas shares how to identify the right operational best practices to help your talent organization become truly proactive.
Digital Transformation in Higher Education - The Changing Student RelationshipAndy Steer
Slide Deck delivered at SAP's Digital Transformation for Public Services event.
If you think that SAP and higher education is just about finance and HR then think again.
As SAP’s chosen Global Partner for higher education, itelligence are focused on bringing real innovation to your sector. From back office systems that save you time and money to consumer grade engagement platforms that drive student and staff recruitment, retention, and performance through to big data and analytic solutions that deliver actionable insight early to promote positive outcomes.
Bringing the best in SAP Consulting know-how and a range of services from implementation, training, support, and hosting, itelligence is the partner for tomorrow’s higher education institution.
The impact of artificial intelligence on hr industryMM Enterprises
Artificial intelligence process requires tons of knowledge to figure effectively that it needs proper resource and management. Companies would wish extra personnel to work and maintain the advanced software. Additionally, with the rising preference of SaaS solutions, the low data sets for AI also will pose difficulty within the worldwide adaptation of the technology.
The ideal strategy to use AI in HR management would be to use AI software to research the info collected and leave the decision-making to the human staff. Before implementing AI within HR operations, examine the areas where AI might be useful. If the first reason is to enhance the general employee experience, it could increase productivity and reduce operational costs.
When do you consider your employee survey to be complete?
Once all of your employees have taken the survey
Once your organization has received the data
After you’ve shared a couple of reports with senior management
Find out why employee surveys should be an ongoing process, where the actions taken post-survey are even more important than the survey itself. Ignoring post-survey steps can be more detrimental to Employee Engagement and Satisfaction than not conducting the survey in the first place. In this presentation, we discuss essential post-survey steps, the importance of creating an ongoing survey process, why Engagement matters, and how to create a culture of Engagement.
Driving change, leading with the SAP®ecosystemaccenture
Accenture’s 2021 Technology Vision for SAP Solutions explores five technology trends that enable SAP customers to chart a path to future growth. https://accntu.re/3vIvYoQ
Online Sourcing Hackathon for IT recruiters from Europe by AmazingHiring. Involving sourcing quiz and great co-speakers Iker Jusué and Guillaume Alexandre.
Watch Online Hackathon: https://youtu.be/MN6EOWMnsk4
Talent acquisition leaders understand the need to proactively establish relationships with candidates in order to attract and retain the best talent. But being successful requires more than big ideas--in fact, it often comes down to something far more practical: Operations.
Consistency and operationalized best practices are critical success factors, and both rely on sophisticated data management and robust back-end processes. In this webinar, Kyle Lagunas shares how to identify the right operational best practices to help your talent organization become truly proactive.
Digital Transformation in Higher Education - The Changing Student RelationshipAndy Steer
Slide Deck delivered at SAP's Digital Transformation for Public Services event.
If you think that SAP and higher education is just about finance and HR then think again.
As SAP’s chosen Global Partner for higher education, itelligence are focused on bringing real innovation to your sector. From back office systems that save you time and money to consumer grade engagement platforms that drive student and staff recruitment, retention, and performance through to big data and analytic solutions that deliver actionable insight early to promote positive outcomes.
Bringing the best in SAP Consulting know-how and a range of services from implementation, training, support, and hosting, itelligence is the partner for tomorrow’s higher education institution.
The impact of artificial intelligence on hr industryMM Enterprises
Artificial intelligence process requires tons of knowledge to figure effectively that it needs proper resource and management. Companies would wish extra personnel to work and maintain the advanced software. Additionally, with the rising preference of SaaS solutions, the low data sets for AI also will pose difficulty within the worldwide adaptation of the technology.
The ideal strategy to use AI in HR management would be to use AI software to research the info collected and leave the decision-making to the human staff. Before implementing AI within HR operations, examine the areas where AI might be useful. If the first reason is to enhance the general employee experience, it could increase productivity and reduce operational costs.
When do you consider your employee survey to be complete?
Once all of your employees have taken the survey
Once your organization has received the data
After you’ve shared a couple of reports with senior management
Find out why employee surveys should be an ongoing process, where the actions taken post-survey are even more important than the survey itself. Ignoring post-survey steps can be more detrimental to Employee Engagement and Satisfaction than not conducting the survey in the first place. In this presentation, we discuss essential post-survey steps, the importance of creating an ongoing survey process, why Engagement matters, and how to create a culture of Engagement.
Driving change, leading with the SAP®ecosystemaccenture
Accenture’s 2021 Technology Vision for SAP Solutions explores five technology trends that enable SAP customers to chart a path to future growth. https://accntu.re/3vIvYoQ
Explore the latest talent insights and product updates designed to help you plan for the year ahead. Plus, learn how to engage remote candidates, upskill internal talent, and hire more strategically with our latest enhancements.
How can business professionals succeed in a future with AISemir Jahic
This is the slide deck of a talk given at UCL (University College London) in December 2017. The aim of the talk is to give a very simple overview of AI and its potential future impact on business professionals with a non-technical background.
Sources
Oxford Future of Employment Study (2013), https://www.oxfordmartin.ox.ac.uk/downloads/academic/The_Future_of_Employment.pdf
Andrew Ng, https://www.oreilly.com/ideas/ai-is-the-new-electricity
Simple examples, https://medium.com/simple-ai/linear-regression-intro-to-machine-learning-6-6e320dbdaf06
Gartner Hype Cycle, https://www.gartner.com/newsroom/id/3784363
AI technology image, https://trailhead.salesforce.com/modules/ai_basics/units/ai_basics_getstarted
AI startup investments, https://www.cbinsights.com/research/top-acquirers-ai-startups-ma-timeline/
FT Investment in AI, https://www.ft.com/content/856753d6-8d31-11e7-a352-e46f43c5825d
UK Government Report on AI, https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/652097/Growing_the_artificial_intelligence_industry_in_the_UK.pdf
McKinsey AI report, https://www.mckinsey.com/mgi/overview
Economist catalogue of fears, https://www.economist.com/news/special-report/21700758-will-smarter-machines-cause-mass-unemployment-automation-and-anxiety
McKinsey job replacement, https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/where-machines-could-replace-humans-and-where-they-cant-yet
HBR - How to spot an AI opportunity, https://hbr.org/2017/10/how-to-spot-a-machine-learning-opportunity-even-if-you-arent-a-data-scientist
Wired Big Data Meets Big Brother, http://www.wired.co.uk/article/chinese-government-social-credit-score-privacy-invasion
Image Sources
https://upload.wikimedia.org/wikipedia/commons/thumb/f/f6/HAL9000.svg/1200px-HAL9000.svg.png
https://s3media.247sports.com/Uploads/Assets/342/613/5613342.jpg
http://vignette2.wikia.nocookie.net/powerlisting/images/b/bd/Neo_The_One.jpg/revision/latest?cb=20131018055648
https://d15shllkswkct0.cloudfront.net/wp-content/blogs.dir/1/files/2013/12/robot_army.jpg
https://en.oxforddictionaries.com/definition/artificial_intelligence
https://fortunedotcom.files.wordpress.com/2016/03/492682174.jpg
https://galaxyis.com/wp-content/uploads/2017/07/Siri-app.jpg
http://s3files.core77.com/blog/images/549466_81_58982_URtPCkWCG.jpg
https://upload.wikimedia.org/wikipedia/en/2/2a/RegVarneyATM.jpg
http://2.bp.blogspot.com/-KKVISRr3LDc/UTdWQ_fNefI/AAAAAAAAQrE/cgLzhYENj6w/s1600/Harold+Blackman%252C+elevator+operator+Baker+Bldg%252C+1913.JPG
Various images from: https://unsplash.com/
Learn to identify use cases for machine learning (ML), acquire best practices to frame problems in a way that key stakeholders and senior management can understand and support, and help create the right conditions for delivering successful ML-based solutions to your business.
The value of candidate mapping is directly linked to its ability to help you project future human resources needs. So, download our candidate mapping PPT slideshow and create impressive modifiable PowerPoint slides related to your candidate mapping process. Candidate mapping helps companies assess, evaluate, and review their current staff so they can be readier for the future. It is a technique that charts individuals’ skills and abilities, assesses their performance and potential, and matches them with workforce planning strategies to balance an organization’s talent and needs. This candidate mapping Presentation template has been created keeping in mind the sources of your future recruitment, current vacancies, recruitment tracker, acquisition strategies, budget involved etc. Overall, this candidate mapping Presentation allows businesses to create a roadmap for succession planning, future recruiting, and employee development initiatives. So, download now and incorporate our amazing candidate mapping PPT slide visuals into your business presentations and impress your audience. Acquire a fearless attitude with our Candidate Mapping PowerPoint Presentation Slides. They give a feeling of fortitude.
Artificial Intelligence: threat or opportunity for HR? Tom Haak
At HR Innovation Day 2017, in Leipzig, Tom Haak of the HR Trend Institute, gave a presentation on HR and Artificial Intelligence. These are the slides he used.
Unleashing Competitiveness on the Cloud Continuum | Accentureaccenture
Accenture reports how the cloud continuum creates a seamless technology & capability foundation that meets business needs now and in the future. Read more.
The Future Workforce: The Gig Economy and the Challenges of a Contingent Work...EPAY Systems
Almost 40 million Americans work on a part-time or freelance basis and by 2020 half of the American workforce is expected to be part of this gig economy. This new workforce is full of challenges and benefits for both employers and employees. For employers looking to engage this new workforce there is a lot of legal compliance issues to consider, and for employees looking for freedom they look to be free of benefits as well.
Agile recruiting: Optimizing your Talent Acquisition Operating ModelBeamery
The agile management methodology brings concrete, measurable improvements to the companies who use it, from better stakeholder management and clearer priorities to faster delivery and go-to-market times. In recruiting specifically, it means a better way to prioritize hiring projects, improved visibility for both recruiters and hiring managers, and overall a more efficient, iterative recruiting process.
We've invited Mitzi Shafar, an experienced talent acquisition leader and currently lead partner at Talent Collective, to tell us more about the agile recruiting methodology.
Modern HR, Communication, & Leadership Best Practices With Microsoft 365Richard Harbridge
Today Intranets are about more than just getting key corporate messaging out. Communications have changed just as IT and HR have changed. Communications leaders have shifted from editors to enablers. Communication leaders are moving from enforcing messaging to empowering and amplifying excellent communications and great ideas throughout the business. Human Resources leaders are shifting from hiring/firing and policy enforcement to performance and engagement. From preboarding to offboarding, HR's challenges are harder today than they have ever been before. Naturally, how these leaders leverage the digital workplace has changed, especially in how they leverage technology to achieve more with less. Join Richard Harbridge, a Microsoft MVP and internationally recognized expert on Microsoft 365 and the Digital Workplace, as he explores ideas and solutions that HR and Corporate Communications have embraced to improve how, where, and when they engage with employees. We will discuss how to best leverage SharePoint, Microsoft Teams, and Yammer for modern communications and take advantage of AI and Microsoft technology to accelerate and improve key communication and content. The technology, best practices, and approach can make all the difference, and it has, for some organizations, led to more significant HR, Intranet, and communications success.
Video at: https://www.linkedin.com/video/live/urn:li:ugcPost:6705141260845412352/
In this talk, we will review some of the challenges related to Industry 4.0 or Factory of Future, and how can Artificial Intelligence help address them.
Examples include the use of semantic interoperability and integration to support the use of sensor collected data in decision making, the use of computer vision to identify deviations in the process and manage quality, and the use of predictive algorithms for device maintenance.
Put the employee first when assessing employee experience, wellbeing and engagement.
How do we do that?
Introducing:
The Employee Experience for Resilience Index
The Index covers 5 major themes with 2 main topics each.
Government as a platform: 2018 GaaP Readiness Indexaccenture
Accenture research identified which factors play a crucial and mutually enforcing role for implementing GaaP in depth and at scale. Learn about the four pillars of GaaP readiness.
CEOs and HR leaders must be ready to meet the future and foster a workforce that’s agile, skilled and innovative. Culture and people are the key elements to help organizations truly thrive as they undergo digital transformation.
Education 4.0 … the future of learning will be dramatically different, in school and throughout life.
Global connectivity, smart machines, and new media are just some of the drivers reshaping how we think about work, what constitutes work, and how we learn and develop the skills to work in the future. The concept of a “100 year life” becoming the norm, and the majority of that spent studying and working, means that learning will be a lot more important, and different, for the next generations. Most people will have at least 6 different careers, requiring fundamental reeducating, whilst the relentless speed of innovation will constantly demand new skills and knowledge to keep pace, let alone an edge.
“Education 4.0” is my vision for the future of education, which
1.) responds to the needs of “industry 4.0” or the fourth industrial revolution, where man and machine align to enable new possibilities
2.) harnesses the potential of digital technologies, personalized data, open sourced content, and the new humanity of this globally-connected, technology-fueled world
3.) establishes a blueprint for the future of learning – lifelong learning – from childhood schooling to continuous learning in the workplace, to learning to play a better role in society.
Explore the latest talent insights and product updates designed to help you plan for the year ahead. Plus, learn how to engage remote candidates, upskill internal talent, and hire more strategically with our latest enhancements.
How can business professionals succeed in a future with AISemir Jahic
This is the slide deck of a talk given at UCL (University College London) in December 2017. The aim of the talk is to give a very simple overview of AI and its potential future impact on business professionals with a non-technical background.
Sources
Oxford Future of Employment Study (2013), https://www.oxfordmartin.ox.ac.uk/downloads/academic/The_Future_of_Employment.pdf
Andrew Ng, https://www.oreilly.com/ideas/ai-is-the-new-electricity
Simple examples, https://medium.com/simple-ai/linear-regression-intro-to-machine-learning-6-6e320dbdaf06
Gartner Hype Cycle, https://www.gartner.com/newsroom/id/3784363
AI technology image, https://trailhead.salesforce.com/modules/ai_basics/units/ai_basics_getstarted
AI startup investments, https://www.cbinsights.com/research/top-acquirers-ai-startups-ma-timeline/
FT Investment in AI, https://www.ft.com/content/856753d6-8d31-11e7-a352-e46f43c5825d
UK Government Report on AI, https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/652097/Growing_the_artificial_intelligence_industry_in_the_UK.pdf
McKinsey AI report, https://www.mckinsey.com/mgi/overview
Economist catalogue of fears, https://www.economist.com/news/special-report/21700758-will-smarter-machines-cause-mass-unemployment-automation-and-anxiety
McKinsey job replacement, https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/where-machines-could-replace-humans-and-where-they-cant-yet
HBR - How to spot an AI opportunity, https://hbr.org/2017/10/how-to-spot-a-machine-learning-opportunity-even-if-you-arent-a-data-scientist
Wired Big Data Meets Big Brother, http://www.wired.co.uk/article/chinese-government-social-credit-score-privacy-invasion
Image Sources
https://upload.wikimedia.org/wikipedia/commons/thumb/f/f6/HAL9000.svg/1200px-HAL9000.svg.png
https://s3media.247sports.com/Uploads/Assets/342/613/5613342.jpg
http://vignette2.wikia.nocookie.net/powerlisting/images/b/bd/Neo_The_One.jpg/revision/latest?cb=20131018055648
https://d15shllkswkct0.cloudfront.net/wp-content/blogs.dir/1/files/2013/12/robot_army.jpg
https://en.oxforddictionaries.com/definition/artificial_intelligence
https://fortunedotcom.files.wordpress.com/2016/03/492682174.jpg
https://galaxyis.com/wp-content/uploads/2017/07/Siri-app.jpg
http://s3files.core77.com/blog/images/549466_81_58982_URtPCkWCG.jpg
https://upload.wikimedia.org/wikipedia/en/2/2a/RegVarneyATM.jpg
http://2.bp.blogspot.com/-KKVISRr3LDc/UTdWQ_fNefI/AAAAAAAAQrE/cgLzhYENj6w/s1600/Harold+Blackman%252C+elevator+operator+Baker+Bldg%252C+1913.JPG
Various images from: https://unsplash.com/
Learn to identify use cases for machine learning (ML), acquire best practices to frame problems in a way that key stakeholders and senior management can understand and support, and help create the right conditions for delivering successful ML-based solutions to your business.
The value of candidate mapping is directly linked to its ability to help you project future human resources needs. So, download our candidate mapping PPT slideshow and create impressive modifiable PowerPoint slides related to your candidate mapping process. Candidate mapping helps companies assess, evaluate, and review their current staff so they can be readier for the future. It is a technique that charts individuals’ skills and abilities, assesses their performance and potential, and matches them with workforce planning strategies to balance an organization’s talent and needs. This candidate mapping Presentation template has been created keeping in mind the sources of your future recruitment, current vacancies, recruitment tracker, acquisition strategies, budget involved etc. Overall, this candidate mapping Presentation allows businesses to create a roadmap for succession planning, future recruiting, and employee development initiatives. So, download now and incorporate our amazing candidate mapping PPT slide visuals into your business presentations and impress your audience. Acquire a fearless attitude with our Candidate Mapping PowerPoint Presentation Slides. They give a feeling of fortitude.
Artificial Intelligence: threat or opportunity for HR? Tom Haak
At HR Innovation Day 2017, in Leipzig, Tom Haak of the HR Trend Institute, gave a presentation on HR and Artificial Intelligence. These are the slides he used.
Unleashing Competitiveness on the Cloud Continuum | Accentureaccenture
Accenture reports how the cloud continuum creates a seamless technology & capability foundation that meets business needs now and in the future. Read more.
The Future Workforce: The Gig Economy and the Challenges of a Contingent Work...EPAY Systems
Almost 40 million Americans work on a part-time or freelance basis and by 2020 half of the American workforce is expected to be part of this gig economy. This new workforce is full of challenges and benefits for both employers and employees. For employers looking to engage this new workforce there is a lot of legal compliance issues to consider, and for employees looking for freedom they look to be free of benefits as well.
Agile recruiting: Optimizing your Talent Acquisition Operating ModelBeamery
The agile management methodology brings concrete, measurable improvements to the companies who use it, from better stakeholder management and clearer priorities to faster delivery and go-to-market times. In recruiting specifically, it means a better way to prioritize hiring projects, improved visibility for both recruiters and hiring managers, and overall a more efficient, iterative recruiting process.
We've invited Mitzi Shafar, an experienced talent acquisition leader and currently lead partner at Talent Collective, to tell us more about the agile recruiting methodology.
Modern HR, Communication, & Leadership Best Practices With Microsoft 365Richard Harbridge
Today Intranets are about more than just getting key corporate messaging out. Communications have changed just as IT and HR have changed. Communications leaders have shifted from editors to enablers. Communication leaders are moving from enforcing messaging to empowering and amplifying excellent communications and great ideas throughout the business. Human Resources leaders are shifting from hiring/firing and policy enforcement to performance and engagement. From preboarding to offboarding, HR's challenges are harder today than they have ever been before. Naturally, how these leaders leverage the digital workplace has changed, especially in how they leverage technology to achieve more with less. Join Richard Harbridge, a Microsoft MVP and internationally recognized expert on Microsoft 365 and the Digital Workplace, as he explores ideas and solutions that HR and Corporate Communications have embraced to improve how, where, and when they engage with employees. We will discuss how to best leverage SharePoint, Microsoft Teams, and Yammer for modern communications and take advantage of AI and Microsoft technology to accelerate and improve key communication and content. The technology, best practices, and approach can make all the difference, and it has, for some organizations, led to more significant HR, Intranet, and communications success.
Video at: https://www.linkedin.com/video/live/urn:li:ugcPost:6705141260845412352/
In this talk, we will review some of the challenges related to Industry 4.0 or Factory of Future, and how can Artificial Intelligence help address them.
Examples include the use of semantic interoperability and integration to support the use of sensor collected data in decision making, the use of computer vision to identify deviations in the process and manage quality, and the use of predictive algorithms for device maintenance.
Put the employee first when assessing employee experience, wellbeing and engagement.
How do we do that?
Introducing:
The Employee Experience for Resilience Index
The Index covers 5 major themes with 2 main topics each.
Government as a platform: 2018 GaaP Readiness Indexaccenture
Accenture research identified which factors play a crucial and mutually enforcing role for implementing GaaP in depth and at scale. Learn about the four pillars of GaaP readiness.
CEOs and HR leaders must be ready to meet the future and foster a workforce that’s agile, skilled and innovative. Culture and people are the key elements to help organizations truly thrive as they undergo digital transformation.
Education 4.0 … the future of learning will be dramatically different, in school and throughout life.
Global connectivity, smart machines, and new media are just some of the drivers reshaping how we think about work, what constitutes work, and how we learn and develop the skills to work in the future. The concept of a “100 year life” becoming the norm, and the majority of that spent studying and working, means that learning will be a lot more important, and different, for the next generations. Most people will have at least 6 different careers, requiring fundamental reeducating, whilst the relentless speed of innovation will constantly demand new skills and knowledge to keep pace, let alone an edge.
“Education 4.0” is my vision for the future of education, which
1.) responds to the needs of “industry 4.0” or the fourth industrial revolution, where man and machine align to enable new possibilities
2.) harnesses the potential of digital technologies, personalized data, open sourced content, and the new humanity of this globally-connected, technology-fueled world
3.) establishes a blueprint for the future of learning – lifelong learning – from childhood schooling to continuous learning in the workplace, to learning to play a better role in society.
From Insight to Action - Kenshoo Webinar Featuring ForresterKenshoo
Presentation from the October 14th webinar presented by Kenshoo and featuring Forrester — From Insight to Action: Executing Successful Cross-Channel Attribution and Optimization.
This presentation identifies the growing demand for cloud based HR services and the challenge of managing and maintaining this. We provide an understanding of the longer-term impact of maintaining cloud applications and the why application maintenance is so critical for business success.
This presentation is for you if:
-Your organization is moving from traditional on-premise to cloud-based HR systems
-You are responsible for the performance of HR/business applications
-Your apps are not ‘happy’: out of sync with release cycle, facing integration and compliance challenges
-You need to maximize returns on HR tech investments
-You are overwhelmed by the concept of application management services and /or the options available to you
TechTarget and SimpliVity Case Study: Turning better market visibility into c...TechTarget
Whether you’re a disruptor or market leader, keeping your sights laser focused on what really moves the revenue needle is a real challenge. Like you, SimpliVity needed to differentiate their value proposition from competition already in the market, and then translate that directly into real revenue-based results. By taking advantage of TechTarget’s holistic visibility into market activity, SimpliVity intercepted and engaged prospects they otherwise couldn’t have.
Learn how SimpliVity accomplished their objectives leveraging TechTarget’s real purchase intent insight. See how, in just a year, they were able to grow their in-market purchase consideration from almost nothing to 24% and drive serious bottom line momentum.
In this session, you will learn how to:
- Use intent insights to pinpoint market opportunities — before your competition sees them
- Expand your sphere of influence beyond your “owned” channels to capture your share of available demand in the age of the empowered buyer
- Weave B2B intent data into your marketing mix for more effective conversion rates across the funnel
- See, find and engage in-market buyers who don’t know you or know why they should seriously consider your solutions
The Future of Jobs report maps the jobs and skills of the future, tracking the pace of change. It aims to shed light on the pandemic-related disruptions in 2020, contextualized within a longer history of economic cycles and the expected outlook for technology adoption, jobs and skills in the next five years.
An integrating framework that reconciles the gaps of supply and demand side initiatives and fuses together numerous GOI programs is the need of the hour. Model of such a framework is proposed here.
( Tasc One members are Parasuram Balasubramanian, Padmanabhan Jayasimha, T.R. Sankaranarayanan and Hariharan Shankar. All are alumni of IIT Madras)
An abridged version of this article was published in "Report: IITMAA Sangam 2019 - Reimagining India in 2030"
Making the Shift to the Next-Generation EnterpriseCognizant
It's crucial for organizations to assess their next-generation strengths and weaknesses in light of their strategic priorities and then focus on the enablers that will prepare them for the future of work.
Global socio-economic, demographic and technological forces which HP calls Megatrends will have a sustained and transformative impact on businesses, societies, economies, cultures and our personal lives in unimaginable ways in the years to come.
Interested in learning more about Megatrends? Visit www.hpmegatrends.com.
Estudo feito pela Oxford Economics
Talento Global de 2021 Como a nova geografia do talento vai transformar estratégias de recursos humanos
mudanças na oferta de talentos irá ocorrer durante a próxima década. Para completar os resultados
de nossa pesquisa quantitativa, foi realizada uma série de entrevistas em profundidade com HR
executivos de todo o mundo e chamou a experiência de nosso comitê de direção de RH.
Nossa pesquisa revela não só paisagem de amanhã para o talento global será
dramaticamente diferente do que a de hoje, mas que alguns países e Industries
precisam de se adaptar mais rapidamente para acomodar essas mudanças rápidas.
Background note for Foundation Seminar Series 2016
The impact of digitalisation on work:
Building up national agendas for better implementation of digital changes
Report | McKinsey Global Institute by:
James Manyika and Richard Dobbs are directors of the McKinsey Global Institute, where Michael Chui is a principal; Jacques Bughin is a director in McKinsey’s Brussels office; Peter Bisson is a director in the Stamford office.
[GE Innovation Forum 2015] The Future of Work in Korea (English)GE코리아
[GE Innovation Forum 2015] The Future of Work in Korea (English)
Korea needs a new growth strategy. This is perhaps the most powerful proof that in today’s highly competitive economy, both countries and companies have to constantly look forward.
The innovations of the Future of Work can be a game-changer for Korea. The improvements in efficiency enabled by advanced manufacturing and resulting in GE’s vision of the Brilliant Factory can boost productivity and competitiveness in Korea’s industries, from shipbuilding to electronics. Industrial Internet solutions applied to new vessel designs can generate massive cost savings for operators, and healthcare applications can help improve the efficiency of Korea’s healthcare system to cope with the pressure of fast population aging while positioning the country as a global provider of services and technology.
This paper is part of a series from GE’s Chief Economist, Marco Annunziata, exploring the next generation of industrial progress.
GE코리아 뉴스레터를 구독하세요! http://goo.gl/IE8WS8
GE코리아 YouTube 채널을 구독하세요! http://goo.gl/M2gc8m
상상을 현실로 만듭니다. Imagination at work.
GE가 꿈꾸는 가치입니다. 아니, GE는 단지 꿈만 꾸고 있는 것이 아닙니다. 상상을 현실로 만들기 위해, 불가능했던 것을 가능하게 만들기 위해 쉬지 않고 움직이고 있습니다. GE는 에너지, 의료, 항공, 수송, 금융 등의 여러 분야에서 고객과 인류사회의 진보를 위해 더 편리하고 빠르며 친환경적인 솔루션을 찾아냅니다.
Connect with GE Online:
GE코리아 웹사이트: http://www.ge.com/kr/
GE리포트코리아: http://www.gereports.kr/
GE코리아 페이스북 페이지: hhttps://www.facebook.com/GEKorea
GE코리아 슬라이드쉐어: http://www.slideshare.net/GEKorea
The Hays Global Skills Index is the only comprehensive overview of the professional global labour market and examines the challenges faced by organisations as they search for the most sought-after skills. Our latest edition provides an analysis of the employment markets and economic status of 33 countries, featuring insights from Hays experts across the globe.
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What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
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Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
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when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
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how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.
World Economic Forum Report: The Future of Jobs
1. The Future of Jobs
Employment, Skills and
Workforce Strategy for the
Fourth Industrial Revolution
January 2016
Executive Summary
2.
3. Executive Summary: The Future of Jobs and Skills | 1
Disruptive changes to business models will have a profound
impact on the employment landscape over the coming
years. Many of the major drivers of transformation currently
affecting global industries are expected to have a significant
impact on jobs, ranging from significant job creation to job
displacement, and from heightened labour productivity to
widening skills gaps. In many industries and countries, the
most in-demand occupations or specialties did not exist
10 or even five years ago, and the pace of change is set
to accelerate. By one popular estimate, 65% of children
entering primary school today will ultimately end up working
in completely new job types that don’t yet exist. In such
a rapidly evolving employment landscape, the ability
to anticipate and prepare for future skills requirements,
job content and the aggregate effect on employment
is increasingly critical for businesses, governments and
individuals in order to fully seize the opportunities presented
by these trends—and to mitigate undesirable outcomes.
The World Economic Forum’s Future of Jobs Report
seeks to understand the current and future impact of key
disruptions on employment levels, skill sets and recruitment
patterns in different industries and countries. It does so
by asking the Chief Human Resources Officers (CHROs)
of today’s largest employers to imagine how jobs in their
industry will change up to the year 2020.
DRIVERS OF CHANGE
We are today at the beginning of a Fourth Industrial
Revolution. Developments in previously disjointed fields
such as artificial intelligence and machine learning,
robotics, nanotechnology, 3D printing and genetics and
biotechnology are all building on and amplifying one
another. Smart systems—homes, factories, farms, grids
or entire cities—will help tackle problems ranging from
supply chain management to climate change. Concurrent
to this technological revolution are a set of broader socio-
economic, geopolitical and demographic developments,
with nearly equivalent impact to the technological factors.
We also find that on average respondents expect that
the impact for nearly all drivers will occur within the next 5
years, highlighting the urgency for adaptive action today.
EMPLOYMENT TRENDS
The global workforce is expected to experience significant
churn between job families and functions. Across the
countries covered by the Report, current trends could lead
to a net employment impact of more than 5.1 million jobs
lost to disruptive labour market changes over the period
2015–2020, with a total loss of 7.1 million jobs—two thirds
of which are concentrated in routine white collar office
functions, such as Office and Administrative roles—and a
total gain of 2 million jobs, in Computer and Mathematical
and Architecture and Engineering related fields.
Manufacturing and Production roles are also expected to
see a further bottoming out but are also anticipated to have
relatively good potential for upskilling, redeployment and
productivity enhancement through technology rather than
pure substitution.
New and Emerging Roles
Our research also explicitly asked respondents about
new and emerging job categories and functions that they
expect to become critically important to their industry by the
year 2020. Two job types stand out due to the frequency
and consistency with which they were mentioned across
practically all industries and geographies. The first are data
analysts, which companies expect will help them make
sense and derive insights from the torrent of data generated
by technological disruptions. The second are specialized
sales representatives, as practically every industry will need
to become skilled in commercializing and explaining their
offerings to business or government clients and consumers,
either due to the innovative technical nature of the products
themselves or due to new client targets with which the
company is not yet familiar, or both. A particular need is
also seen in industries as varied as Energy and Media,
Entertainment and Information for a new type of senior
manager who will successfully steer companies through the
upcoming change and disruption.
Executive Summary:
The Future of Jobs and Skills
Methodology
The Future of Jobs Report’s research framework has been
shaped and developed in collaboration with the Global
Agenda Council on the Future of Jobs and the Global
Agenda Council on Gender Parity, including leading experts
from academia, international organizations, professional
service firms and the heads of human resources of major
organizations. Our analysis groups job functions into
specific occupations and broader job families, based on a
streamlined version of the O*NET labour market information
system used by researchers worldwide.
The dataset that forms the basis of the Report is
the result of an extensive survey of CHROs and other
senior talent and strategy executives from a total of 371
leading global employers, representing more than 13
million employees across 9 broad industry sectors in 15
major developed and emerging economies and regional
economic areas.
4. 2 | Executive Summary: The Future of Jobs and Skills
Source: Future of Jobs Survey, World Economic Forum.
Note: Names of drivers have been abbreviated to ensure legibility.
Drivers of change, industries overall
Share of respondents rating driver as top trend, %
DEMOGRAPHIC AND SOCIO-ECONOMIC
TECHNOLOGICAL
0.0 0.1 0.2 0.3 0.4 0.5
Changing nature of work, flexible work
Middle class in emerging markets
Climate change, natural resources
Geopolitical volatility
Consumer ethics, privacy issues
Longevity, ageing societies
Young demographics in emerging markets
Women’s economic power, aspirations
Rapid urbanization
44%
23%
23%
21%
16%
14%
13%
12%
8%
0.0 0.1 0.2 0.3 0.4 0.5
Mobile internet, cloud technology
Processing power, Big Data
New energy supplies and technologies
Internet of Things
Sharing economy, crowdsourcing
Robotics, autonomous transport
Artificial intelligence
Adv. manufacturing, 3D printing
Adv. materials, biotechnology
34%
26%
22%
14%
12%
9%
7%
6%
6%
Timeframe to impact industries, business models
Impact felt already 2015–2017
»» Rising geopolitical volatility
»» Mobile internet and cloud technology
»» Advances in computing power and
Big Data
»» Crowdsourcing, the sharing
economy and peer-to-peer platforms
»» Rise of the middle class in emerging
markets
»» Young demographics in emerging
markets
»» Rapid urbanization
»» Changing work environments and
flexible working arrangements
»» Climate change, natural resource
constraints and the transition to a
greener economy
»» New energy supplies and
technologies
»» The Internet of Things
»» Advanced manufacturing and
3D printing
»» Longevity and ageing societies
»» New consumer concerns about
ethical and privacy issues
»» Women’s rising aspirations and
economic power
»» Advanced robotics and
autonomous transport
»» Artificial intelligence and
machine learning
»» Advanced materials,
biotechnology and genomics
2018–2020
5. Executive Summary: The Future of Jobs and Skills | 3
Changes in Ease of Recruitment
Given the overall disruption industries are experiencing, it
is not surprising that, with current trends, competition for
talent in in-demand job families such as Computer and
Mathematical and Architecture and Engineering and other
strategic and specialist roles will be fierce, and finding
efficient ways of securing a solid talent pipeline a priority
for virtually every industry. Most of these roles across
industries, countries and job families are already perceived
as hard to recruit for currently and—with few exceptions—
the situation is expected to worsen significantly over the
2015-2020 period.
SKILLS STABILITY
In this new environment, business model change often
translates to skill set disruption almost simultaneously
and with only a minimal time lag. Our respondents report
that a tangible impact of many of these disruptions on the
adequacy of employees’ existing skill sets can already be
felt in a wide range of jobs and industries today.
Given the rapid pace of change, business model
disruptions are resulting in a near-simultaneous impact
on skill sets for both current and emerging jobs across
industries. If skills demand is evolving rapidly at an
aggregate industry level, the degree of changing skills
requirements within individual job families and occupations
is even more pronounced. Even jobs that will shrink in
number are simultaneously undergoing change in the skill
sets required to do them. Across nearly all industries, the
impact of technological and other changes is shortening the
shelf-life of employees’ existing skill sets.
For example, technological disruptions such as
robotics and machine learning—rather than completely
replacing existing occupations and job categories—are
likely to substitute specific tasks previously carried out as
part of these jobs, freeing workers up to focus on new
tasks and leading to rapidly changing core skill sets in
these occupations. Even those jobs that are less directly
affected by technological change and have a largely stable
employment outlook—say, marketing or supply chain
professionals targeting a new demographic in an emerging
market—may require very different skill sets just a few years
from now as the ecosystems within which they operate
change.
On average, by 2020, more than a third of the desired
core skill sets of most occupations will be comprised of
skills that are not yet considered crucial to the job today,
according to our respondents. Overall, social skills—
such as persuasion, emotional intelligence and teaching
others—will be in higher demand across industries than
narrow technical skills, such as programming or equipment
operation and control. In essence, technical skills will need
to be supplemented with strong social and collaboration
skills.
Several industries may find themselves in a scenario of
positive employment demand for hard-to-recruit specialist
Net employment outlook by job family, 2015–2020
Employees (thousands, all focus countries)
+492
+416
+405
+339
+303
+66
–4,759
–1,609
–497
–151
–109
–40
Business and Financial
Operations
Management
Computer and Mathematical
Architecture and Engineering
Sales and Related
Education and Training
Office and Administrative
Manufacturing and Production
Construction and Extraction
Arts, Design, Entertainment,
Sports and Media
Legal
Installation and Maintenance
6. 4 | Executive Summary: The Future of Jobs and Skills
Expected change in ease of recruitment, 2015–2020
Perception rating on a –2 (“very hard”) to +2 (“very easy”) scale
–2.0
–1.5
–1.0
–0.5
0.0
0.5
1.0
United
States
United
Kingdom
TurkeySouth
Africa
MexicoJapanItalyIndiaGermanyGCCFranceChinaBrazilAustraliaASEAN
INDUSTRIES
JOB FAMILIES
COUNTRY/REGION
–2.0
–1.5
–1.0
-0.5
0.0
0.5
1.0
Professional
Services
MobilityMedia,
Entertainment
and Information
Information and
Communication
Technology
HealthcareFinancial
Services
& Investors
EnergyConsumerBasic and
Infrastructure
–2.0
–1.5
–1.0
–0.5
0.0
0.5
1.0
Sales and
Related
Office
and
Administrative
Life,
Physical,
and
Social
Sciences
Manufacturing
and
Production
Manage-
ment
Installation
and
Maintenance
Construction
and
Extraction
Computer
and
Mathematical
Business
and
Financial
Operations
Arts, Design,
Entertainment,
Sports
and Media
Architecture
and
Engineering
–0.55
–0.29
0.02
–0.70
–0.67
–0.20
–0.34 –0.43
–0.20
–1.00
–0.58
–0.44
n/a
–0.50
–0.41
–0.71
–0.06 –0.67
–0.65
0.04
–0.85
–0.21 –0.13
–0.50
–0.62
–0.63
–0.14
–0.34
–0.5
–0.54
–0.53
–0.42
–0.49
–0.44
Averageease
ofrecruitment
Averageease
ofrecruitment
Averageease
ofrecruitment
Source: Future of Jobs Survey, World Economic Forum.
–0.39
7. Executive Summary: The Future of Jobs and Skills | 5
occupations with simultaneous skills instability across many
existing roles. For example, the Mobility industries expect
employment growth accompanied by a situation where
nearly 40% of the skills required by key jobs in the industry
are not yet part of the core skill set of these functions today.
At the same time, workers in lower skilled roles,
particularly in the Office and Administrative and
Manufacturing and Production job families, may find
themselves caught up in a vicious cycle where low skills
stability means they could face redundancy without
significant re- and upskilling even while disruptive change
may erode employers’ incentives and the business case for
investing in such reskilling.
Drivers of change, time to impact on employee skills
Share of respondents, %
DEMOGRAPHIC AND SOCIO-ECONOMIC
TECHNOLOGICAL
Changing nature of work, flexible work
Middle class in emerging markets
Climate change, natural resources
Geopolitical volatility
Consumer ethics, privacy issues
Longevity, ageing societies
Young demographics in emerging markets
Women’s economic power, aspirations
Rapid urbanization
Mobile internet, cloud technology
Processing power, Big Data
New energy supplies and technologies
Internet of Things
Sharing economy, crowdsourcing
Robotics, autonomous transport
Artificial intelligence
Adv. manufacturing, 3D printing
Adv. materials, biotechnology
0 10 20 30 40 50
0 10 20 30 40 50
0 10 20 30 40 50
0 10 20 30 40 50
n Impact felt already
n 2015–2017
n 2018–2020
n 2021–2025
n Impact felt already
n 2015–2017
n 2018–2020
n 2021–2025
Source: Future of Jobs Survey, World Economic Forum.
Note: Names of drivers have been abbreviated to ensure legibility.
Industry group Unstable Stable
Industries Overall 35% 65%
Media, Entertainment and Information 27% 73%
Consumer 30% 71%
Healthcare 29% 71%
Energy 30% 70%
Professional Services 33% 67%
Information and Communication Technology 35% 65%
Mobility 39% 61%
Basic and Infrastructure 42% 58%
Financial Services & Investors 43% 57%
Skills Stability, 2015–2020, industries overall
Source: Future of Jobs Survey, World Economic Forum.
8. 6 | Executive Summary: The Future of Jobs and Skills
FUTURE WORKFORCE STRATEGY
The impact of technological, demographic and socio-
economic disruptions on business models will be felt
in transformations to the employment landscape and
skills requirements, resulting in substantial challenges for
recruiting, training and managing talent. Not anticipating and
addressing such issues in a timely manner over the coming
years may come at an enormous economic and social cost
for businesses, individuals and economies and societies as
a whole.
The Report finds that business leaders are aware
of these looming challenges but have been slow to act
decisively. Just over two thirds of our respondents believe
that future workforce planning and change management
features as a reasonably high or very high priority on
the agenda of their company’s or organization’s senior
leadership.
However, many of the respondents are also acutely
aware of the limitations to their current planning for
disruptive change and its implications for the talent
landscape. Currently, only 53% of CHROs surveyed are
reasonably or highly confident regarding the adequacy of
their organization’s future workforce strategy to prepare
for these shifts. The main perceived barriers to a more
decisive approach include a lack of understanding of the
disruptive changes ahead, resource constraints and short-
term profitability pressures and lack of alignment between
workforce strategies and firms’ innovation strategies.
Across all industries, about two thirds of our
respondents report intentions to invest in the reskilling of
current employees as part of their change management
and future workforce planning efforts, making it by far the
highest-ranked such strategy overall. However, companies
that report both that they are confident in the adequacy of
their workforce strategy and that these issues are perceived
as a priority by their top management are nearly 50% more
likely to plan to invest in reskilling than companies who do
not. This group of companies is also more than twice as
likely to be targeting female talent and minority talent and
over 50% more likely to be supporting employees’ mobility
and job rotation within the firm. They are significantly less
likely to plan to hire more short-term workers or to use
expatriate talent.
A number of promising approaches appear
underutilized across almost all industries. For example, a
focus on making better use of the accumulated experience
of older employees and building an ageless workforce
barely register among proposed workforce strategies.
There also seems to be varying openness to collaboration,
whether within or across industries, with the latter
seemingly much more acceptable. Finally, a key approach,
partnerships with public institutions and the education
sector, is only reported by 20% of respondents.
RECOMMENDATIONS FOR ACTION
Recent discussions about the employment impact of
disruptive change have often been polarized between those
who foresee limitless opportunities in newly emerging job
categories and prospects that improve workers’ productivity
and liberate them from routine work, and those that foresee
massive labour substitution and displacement of jobs.
Both are possible. It is our actions today that will determine
whether we head towards massive displacement of workers
or the emergence of new opportunities.
During previous industrial revolutions, it often took
decades to build the training systems and labour market
institutions needed to develop major new skill sets on
a large scale. Given the upcoming pace and scale of
disruption brought about by the Fourth Industrial Revolution,
however, this is simply not be an option. Without targeted
action today to manage the near-term transition and build
a workforce with futureproof skills, governments will have
Source: Future of Jobs Survey, World Economic Forum.
Expected change in employment, 2015-2020, %
Skillsstability
2015-2020,%
–1.0 –0.5 0.0 0.5 1.0 1.5 2.0 2.5 3.0
0
10
20
30
40
50
60
70
80
90
100
Healthcare
Professional Services
Mobility
Basic and Infrastructure
Consumer
Information and Communication Technology
Media, Entertainment and Information
AVERAGE
Financial Services & Investors
Energy
Employment outlook and skills stability, by industry
Negative outlook,
skills stable
Positive outlook,
skills stable
Negative outlook,
skills disrupted
Positive outlook,
skills disrupted
9. Executive Summary: The Future of Jobs and Skills | 7
to cope with ever-growing unemployment and inequality,
and businesses with a shrinking consumer base. Moreover,
these efforts are necessary not just to mitigate the risks of
the profound shifts underway but also to capitalize on the
opportunities presented by the Fourth Industrial Revolution.
The talent to manage, shape and lead the changes
underway will be in short supply unless we take action
today to develop it.
For a talent revolution to take place, governments and
businesses will need to profoundly change their approach
to education, skills and employment, and their approach to
working with each other. Businesses will need to put talent
development and future workforce strategy front and centre
to their growth. Firms can no longer be passive consumers
of ready-made human capital. They require a new mindset
to meet their talent needs and to optimize social outcomes.
Governments will need to re-consider fundamentally the
education models of today. As the issue becomes more
urgent, governments will need to show bolder leadership in
putting through the curricula and labour market regulation
changes that are already decades overdue in some
economies.
While it is clear from our data that momentous change
is underway across the board, these forecasts vary in nature
in different industries and regions. Efforts aimed at closing
skills gaps will increasingly need to be grounded in a solid
understanding of a country’s or industry’s skills base today
and of changing future skills requirements due to disruptive
Source: Future of Jobs Survey, World Economic Forum.
Note: Names of barriers have been abbreviated to ensure legibility.
Significance of barriers to change, industries overall
Share of respondents reporting barrier, %
0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8
Insufficient understanding of disruptive changes
Resource constraints
Pressure from shareholders, short-term profitability
Workforce strategy not aligned to innovation strategy
Insufficient priority by top management
Don’t know
Insufficient priority by line management
No barriers
51%
50%
42%
37%
21%
18%
18%
8%
Source: Future of Jobs Survey, World Economic Forum.
Note: Names of strategies have been abbreviated to ensure legibility.
Future workforce strategies, industries overall
Share of respondents pursuing strategy, %
0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8
Invest in reskilling current employees
Support mobility and job rotation
Collaborate, educational institutions
Target female talent
Attract foreign talent
Offer apprenticeships
Collaborate, other companies across industries
Collaborate, other companies in industry
Target minorities’ talent
Hire more short-term workers
65%
39%
25%
25%
22%
22%
14%
12%
12%
11%
10. 8 | Executive Summary: The Future of Jobs and Skills
change. For example, efforts to place unemployed youth in
apprenticeships in certain job categories through targeted
skills training may be self-defeating if skills requirements
in that job category are likely to be drastically different in
just a few years’ time. Indeed, in some cases such efforts
may be more successful if they base their models on future
expectations.
It is therefore critical that broader and longer term
changes to basic and lifelong education systems are
complemented with specific, urgent and focused re-
skilling efforts in each industry. This entails several major
changes in how business views and manages talent, both
immediately and in the longer term. In particular, the Future
of Jobs Report finds that there are four areas with short
term implications and three that are critical for long term
resilience.
Immediate Focus
• Reinventing the HR Function: As business leaders
begin to consider proactive adaptation to the new talent
landscape, they need to manage skills disruption as an
urgent concern. What this requires is an HR function
that is rapidly becoming more strategic and has a seat
at the table—one that employs new kinds of analytical
tools to spot talent trends and skills gaps, and
provides insights that can help organizations align their
business, innovation and talent management strategies
to maximize available opportunities to capitalize on
transformational trends.
• Making Use of Data Analytics: Businesses and
governments will need to build a new approach to
workforce planning and talent management, where
better forecasting data and planning metrics will need
to be central. To support such efforts, the Forum’s
Future of Jobs project provides in-depth analysis on
industries, countries, occupations and skills.
• Talent diversity—no more excuses: As study after
study demonstrates the business benefits of workforce
diversity and companies expect finding talent for many
key specialist roles to become much more difficult
by 2020, it is time for a fundamental change in how
talent diversity issues perceived and well-known
barriers tackled. In this area, too, technology and data
analytics may become a useful tool for advancing
workforce parity, whether by facilitating objective
assessment, identifying unconscious biases in job ads
and recruitment processes or even by using wearable
technologies to understand workplace behaviours and
encourage systemic change.
• Leveraging flexible working arrangements
and online talent platforms: As physical and
organizational boundaries are becoming increasingly
blurred, organizations are going to have to become
significantly more agile in the way they think about
managing people’s work and about the workforce
as a whole. Businesses will increasingly connect and
collaborate remotely with freelancers and independent
professionals through digital talent platforms. Modern
forms of association such as digital freelancers’
unions and updated labour market regulations will
increasingly begin to emerge to complement these new
organizational models.
Longer Term Focus
• Rethinking education systems: Most existing
education systems at all levels provide highly siloed
training and continue a number of 20th century
practices that are hindering progress on today’s talent
and labour market issues. Two such legacy issues
burdening formal education systems worldwide are
the dichotomy between Humanities and Sciences and
applied and pure training, on the one hand, and the
prestige premium attached to tertiary-certified forms of
education—rather than the actual content of learning—
on the other hand. Businesses should work closely
with governments, education providers and others to
imagine what a true 21st century curriculum might look
like.
• Incentivizing lifelong learning: The dwindling future
population share of today’s youth cohort in many
ageing economies implies that simply reforming current
education systems to better equip today’s students
to meet future skills requirements—as worthwhile and
daunting as that task is—is not going to be enough to
remain competitive. Ageing countries won’t just need
lifelong learning—they will need wholesale reskilling
of existing workforces throughout their lifecycle.
Governments and businesses have many opportunities
to collaborate more to ensure that individuals have
the time, motivation and means to seek retraining
opportunities.
• Cross-industry and public-private collaboration:
Given the complexity of the change management
needed, businesses will need to realize that
collaboration on talent issues, rather than competition,
is no longer a nice-to-have but rather a necessary
strategy. Multi-sector partnerships and collaboration,
when they leverage the expertise of each partner in a
complementary manner, are indispensable components
of implementing scalable solutions to jobs and skills
challenges. There is thus a need for bolder leadership
and strategic action within companies and within and
across industries, including partnerships with public
institutions and the education sector.
These efforts will need to be complemented by policy
reform on the part of governments. As a core component of
the World Economic Forum’s Global Challenge Initiative on
Employment, Skills and Human Capital, the Future of Jobs
project aims to bring specificity to the upcoming disruptions
to the employment and skills landscape in industries and
regions—and to stimulate deeper thinking and targeted
action from business and governments to manage this
11. Executive Summary: The Future of Jobs and Skills | 9
change. The 2020 focus of the Report was chosen so
as to be far enough into the future for many of today’s
expected trends and disruptions to have begun taking hold,
yet close enough to consider adaptive action today, rather
than merely speculate on future risks and opportunities.
The industry analysis presented in the Report will form
the basis of dialogue with industry leaders to address
industry-specific talent challenges, while the country and
regional analysis presented in this Report will be integrated
into national and regional public-private collaborations to
promote employment and skills.
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