are you future proofing your employees?...preparing for the future “if leaders are not listening...
TRANSCRIPT
Rob BothmaOracle Corporation SA
Are you Future Proofing your Employees?
The Pace of Change
Source: Deloitte Human Capital Trends, 2017
IMPACT
Business Does Nothing
THE PACE OF CHANGE IS ACCELERATINGTime
Technology
Employees
Business
RATE OF CHANGE
Preparing for the Future
“If leaders are not listening to the youth,
they are not listening to their future competitors, employees, or customers.”
Wadia Ait Hamza, Head of the Global Shapers at the World Economic Forum
1760 – 1820
1820 – 1900
1900 – 1990’s
TodayCyber Physical SystemsIntelligence
AutomationComputing
Mass ProductionElectricity
MechanisationSteam
Heading into the 4IR……
It’s no longer Man vs MachineMan and Machine Working Together
The Advent of Human+
“Characterised by a fusion of technologies that is blurring the lines
between the physical, digital, and biological
spheres.”
Source: Klaus Schwab – Founder: World Economic Forum
History of Consuming Content
Augmented Reality
Blurring the Lines
10 years from today, the center of our digital lives will no longer be the smart phone, but a device that looks like ordinary eyeglasses.
Robert Scoble,
What you really see and what is computer generated will be mixed so tightly together,
we will not be able to tell what is real and what is illusion.”
Experiential Learning Made Real
Key Shifts in the Workplace
Source: World Economic Forum and Accenture
Sustainable learning happens
mostly on the job – At the
Point of Need
Agility prepares
people for uncertainty. Continuous
learning keeps them relevant
The Right Skills are
Important, The right mindset is
critical
Most Jobs will be
reconfigured rather than
lost
Challenges HR will Face in 4IR
• People with Ideas will be the Scarcest Resources
• Training, Re-train – Half-life of Skills
• Organisations are quickly realizing that people are necessary to leverage the full potential of intelligence technologies.
• Vulnerabilities through Connectivity
Continuous Learning CultureMake more opportunities available
Encourage Problem solvingAllow mistakes – It’s how they learn!
Increases Engagement and ProductivityAttract staff from the Global Pool
Ensure Skills remain relevantNew Skills Promote Career Development
Steps to Future Proof your Employees
Let you Employees wear many hats
Empower your Staff to make Decisions
Create a Flexible Workplace
Upskilling and Reskilling
What Skills will be Needed?➢ Workforce Readiness
➢ Digital Literacy, Self-Presentation, Social Norms, Time Management
➢ Soft Skills➢ Communication, Critical & Creative Thinking, Adaptability, Teamwork, Initiative
➢ Technical Skills➢ Coding, Project Management, Tech based skills + Relevant Job Skills
➢ Entrepreneurship➢ Innovation, Creativity, Resilience, Ingenuity, Curiosity, Optimism, Courage
All Underpinned by Lifelong LearningDeloitte - Global Business Coalition for Education
What is this Technology Bringing?
• Reduction in Barriers between Inventors / Innovators and Markets• 3D Printing, eBook Publishing, Netflix, Uber, iTunes
• Artificial Intelligence (AI) has the ability to improve the quality of our lives• Driverless Cars• Revamped Education Systems
• Internet of Things (IoT)
