Workforce of the future will spend less time on predictable routine physical activities and on collecting and processing data, where machines already exceed human performance. Read More..
Cover Story - Workforce of Future: Jobs & Skills
Alongside HR, business must focus on creating a highly flexible, resilient and adaptive workforce which is multi-skilled and has the capacity to undertake digital tasks from anywhere rather than a fixed location. Read More..
HR is part of business. HR decides processes, policies, employment contracts and innovative incentive structures to keep people motivated. The new HR is much more technologically oriented and has higher business acumen. Read More..
One of three present jobs will no longer exist in 10 years time. Any job that can be delivered with greater efficiency and productivity with the use of machines and technology will no longer need a human. Read More..
Machines have been created by human brain which scientists still are not able to understand it fully. It means brain capability utilisation will keep increasing, although, bit by bit only. Read More..
The emerging technologies will create shift from wage employment to self-employment. For traditional workers, self-employment will be associated with loss of social protection and income guarantee. Read More..
Some of the unique pointers around the skills which would be very critical in assessing our readiness for the future are ability to think through the knowledge, evaluate the future needs and adapt to the paradigms of workforce evaluation. Read More..
Service industry will also see a lot of changes in skill requirements. They may no longer have the luxury of having manpower involved in all their processes as machines will replace some of the non - value added jobs and still maintain the same or higher level of customer satisfaction. Read More..
The forces of AI, Robotics, and Automation will also call for newer jobs that need newer skills, and there will be a new leaf of growth. It is the transition that needs to be managed well to capitalize on the opportunities these forces throw at us. Read More..
The world of work is changing and adapting at speed to catch up with the rapid and continuous advances being made in technology. Read More..
Globally, Industry have been re-engineering its management strategy over past 4 decades to achieve best performance & competitive advantage. Over the years the Management strategy evolved from Productivity focus, moved on to Quality focus, to... Read More..
Despite 2019 being an election year in India, salary hikes are expected to be higher than 2018 at 9.7 percent. According to the annual salary increase report of professional services firm Aon, companies in India gave an average pay increase of 9.5... Read More..