competency management in an era of digital disruption€¦ · digital disruption: the competency...

Competency Management

In an Era of

Digital Disruption

A Presentation

to the

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Content:

The Age of Digital Disruption

Digital Disruption: The Skills Impact

Competency Management: A New Paradigm

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IOT

Big Data

Smart Products

Automation & Robotics

Autonomous Vehicles

Artificial Intelligence

Digital Twins & Advanced

Optimisation

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Cognitive Computing

Digital Transformation: Leaders vs Laggards

Source: Accenture 20195

Revenue Growth:

Leaders 9%

Laggards 4%

Digital Transformation: Leaders vs Laggards

Source: Accenture 20196

Revenue Growth:

Leaders 9%

Laggards 4%

Adopt technologies to make

them fast and flexible

Create a Boundary Less

Network breaking down Barriers

Leverage all Building Blocks to

create Customer Centric

Solutions

Digital Transformation: Expected Disruption

Source: Gartner 20197

The Digital Wedge:

Source: Gartner 2019 8

Digital Disruption: The Competency Impact

The Rate of Change

Competency

Requirements

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Current Competency Base Becoming

Irrelevant

New Competency Base

An Enabler

Digital Disruption: The Competency Impact

The Rate of Change

Competency

Requirements

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Current Competency Base Becoming

Irrelevant

New Competency Base

An Enabler

$ 359 Billion was spend on Training in 2016

75% of Managers were dissatisfied with Training

70% of Employees believe they do not have the required skills

12% of Employees believe they do have the required skills

25% of respondents believe that training improves performance

Research from: Harvard Business School & McKinsey 2019

Competency Management In an Era of Digital Disruption:

Competency Development

Competency

Measurement

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Competency Management In an Era of Digital Disruption:

Competency Development

Competency

Measurement

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Competency Management

An Enabler

Competency Management

A Barrier

Competency DevelopmentMisdirected

The InformedConcernedEmployee

Competency Measurement In an Era of Digital Disruption:

Constant Measurement

Available On Demand

Empowering The Employee

Predictive Capability

Competency

Measurement

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Competency Management In an Era of Digital Disruption:

Competency

Development

Micro Training

Available On Demand

Empowering The Employee

ROI Analytics Focused

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Thank You

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