2/24/2023 0 Comments Challenges being a train driver![]() This ultimately depends on the strength of the company’s ‘digital adoption’ – or, in other words, how well employees can use and maximise newly-acquired software and other technologies. Secondly, and perhaps more pressingly, they must ensure these products actually deliver measurable business value. Firstly, they must select the most suitable technologies to keep their enterprises ahead of the curve. Similarly, technology leaders have two critical future of work challenges to address. Hiring new staff is a big enough challenge on its own – but HR and learning leaders are now coming under increasing pressure not only to acquire, but also to engage, retain, and develop talent. ![]() What does this mean for business leaders? The new world of work, underpinned by rapid digitalisation, will leave them with much to think about.Īt the most fundamental level, businesses are focused on remaining commercially agile and competitive by ensuring that they always have the right talent, with the right skillsets, at the right time – something which is easier said than done given the sheer pace of change in the modern world. ![]() Navigating the future of work: the role of digital adoption Many of the world’s leading enterprises believe continuous learning offers them a competitive advantage This then begs the question: what will become of workers in those 30% of jobs? The good news is that new positions will open up, but they will likely be more complex, digital roles that, at their core, will involve the use of a multitude of software applications. Indeed, a PwC report estimated that 30% of current jobs will become obsolete by the year 2030. As the economy embraces digital technology more and more, job losses will be inevitable. However, it is imperative that we understand the effect on the workforce as a whole. This process of automation has largely been welcomed by business leaders. In fact, the World Economic Forum estimates that, within the next five years, 50% of the workforce will need to update their skillset. ![]() ![]() Now, it is increasingly common for workers to engage in a cycle of reskilling or upskilling. The automation of business processes, combined with constant technological innovations, are causing the world of work to shift faster than ever. Today, the picture is somewhat different. Until relatively recently, it seemed perfectly possible to go through an entire career with the same skillset. ![]()
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