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Future of HR - Technology in HR

This deck is used to articulate of Technology is changing the HR landscape and the role of HR. The slides were used for few HR events

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Future of HR - Technology in HR

  1. 1. FUTURE OF HR IS THE HR READY?
  2. 2. Connect with me on Twitter Also use #FutureofHR Place your screenshot here 2
  3. 3. TECHNOLOGY WILL REPLACE JOBS! OF THE COMPANY'S ASSEMBLY LINE WORK WILL BE REPLACED BY ROBOTS BY NEXT YEAR: FOXCONN, CHINA, IPHONE MAKER 3 OF CHILDREN ENTERING SCHOOL TODAY WILL END UP IN COMPLETELY NEW JOB ROLES THAT DO NOT EXIST TODAY OF ALL WORK ACTIVITIES WILL BE AUTOMATED BY 2030: MCKINSEY ANALYSIS SPANNING 46 COUNTRIES 65% 33% 70%
  4. 4. TECHNOLOGY MERGING WITH REALITY! 4
  5. 5. PONDER! “TECHNOLOGY WILL REPLACE JOBS” AND “ROBOTS – THE JOBKILLER” ARE THESE THEORIES JUSTIFIED? 5
  6. 6. ROLE OF HR Where do YOU make the difference?
  7. 7. “ While organizations realize that to prepare for the future is to invest in both technology and its people, HR will have to partner with technology and use it as the key enabler for skill enhancement. 7
  8. 8. MAKE THE WORKFORCE FUTURE READY 8 Source: The study – AI at Work; Survey by Oracle and research firm Future Workplace 93% of People Would Trust Orders from a Robot at Work
  9. 9. MAKE THE WORKFORCE FUTURE READY 9 Source: The study – AI at Work; Survey by Oracle and research firm Future Workplace 93% of People Would Trust Orders from a Robot at Work 70% of people are using some form of AI in their personal life
  10. 10. MAKE THE WORKFORCE FUTURE READY 10 Source: The study – AI at Work; Survey by Oracle and research firm Future Workplace 93% of People Would Trust Orders from a Robot at Work 70% of people are using some form of AI in their personal life 24% employees are currently using some form of AI at work
  11. 11. MAKE THE WORKFORCE FUTURE READY 11 Source: The study – AI at Work; Survey by Oracle and research firm Future Workplace 93% of People Would Trust Orders from a Robot at Work 70% of people are using some form of AI in their personal life 06% of HR professionals are actively deploying AI 24% employees are currently using some form of AI at work
  12. 12. IMPLIED INTELLIGENCE WILL IT BE THE BIG GAME CHANGER? 12
  13. 13. MAKE THE WORKFORCE FUTURE READY In a new book titled Beyond Disruption: Technologies Challenge to Governance, Hoover Institute Visiting Fellow James Timbie points to the evolution of chess—and a new game called free-style chess that enables human players to draw upon machine support—as a hint as to what the future might hold. 13
  14. 14. A FUTURE OF PROMISE The best results in the workplace will most likely come from humans supported by intelligent machines. 14 Future Workforce: Reworking the Revolution | Accenture
  15. 15. “ “Often people only think of AI boosting growth by substituting humans. But actually huge value is going to come from the new goods, services and innovations AI will enable.“ David Autor, Professor of Economics, MIT 15
  16. 16. 16 NEXT STEPS?
  17. 17. LOOK BEYOND LOOK DEEP Workers are also consumers. They already dictate grocery lists to Alexa and ask Siri for restaurant suggestions. 17 HR must must seize this opportunity
  18. 18. THREE KEY FOCUS AREAS 18
  19. 19. “ From “Workforce” Planning to “Work” Planning “New Skilling” the Future Workforce Positioning for the Full Value of AI 19 HUMANS HELPING AI HELP HUMANS 1 2 3 It’s time for businesses leaders to reimagine the work their people do in partnership with AI and to ask themselves tough, uncomfortable questions about their organization’s readiness to compete.
  20. 20. THE WORLD ISN’T OVER Of the 1.8 million jobs AI will get rid of, the emerging field will create 2.3 million by 2020 – Gartner 83% of companies using AI say the technology is already adding jobs - Capgemini 20 Source: Gartner & Capgemini reports
  21. 21. WHAT ABOUT YOUR MBA DEGREE?
  22. 22. ➜ Will MBA become obsolete? ○ Skills or Degree? ➜ What should an MBA student do to stay relevant in future? ➜ How business derive maximum value from technology and how are the job roles changing to skill based task delegation? 22 LET’S PONDER!
  23. 23. Thanks! Any questions? You can find me at: @khalidraza9 23

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This deck is used to articulate of Technology is changing the HR landscape and the role of HR. The slides were used for few HR events

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