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THE FUTURE OF SKILLS & JOBS - Ashwin Swaminathan CEO for One Month Finalist ADECCO
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WHY FUTURE OF SKILLS & JOBS? Open ended topic – brings my perspective
Coherently connects relevant issues and other topics
Visionary goal aligned with Adecco values
Responsibility of Adecco as bellwether of Industry
80% people hate their jobs *
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EVOLUTION & AUTOMATION – I (TECHNOLOGICAL FACTORS)
Hunting, farming to tools
Everyone needing to make food, to no one!
All manual labor – mechanized (Industrial Age)
Intelligent, self-teaching robots make white-collar jobs obsolete (Decision making)
Technology evolves faster than biology (Automation, Data Science, Machine Learning and Social Networks, Artificial Intelligence, IOT, Nanotech, Genetic and Biotech)
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EVOLUTION & AUTOMATION - II
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EVOLUTION & AUTOMATION – III
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EVOLUTION & AUTOMATION – IV
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EVOLUTION & AUTOMATION - V 45% of all workforce could lose Jobs!
Skilled humans unemployed for no fault of theirs?
Trend-setters change the system and drive trends
Look to anticipate, drive change, evolve workforce, facilitate passion at work and make life better
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EVOLUTION (SOCIOLOGICAL FACTORS) - I
Demographic- Ageing Population
Growing diversity
Changing work environments shaped by ICT
Growing desire for greater work-life balance
Shift to Asia, growing economic power of countries in East
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EVOLUTION (SOCIOLOGICAL FACTORS) - II
Interdisciplinary skills
Women’s empowerment economic power *
Rapid urbanization
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HOW TRENDS ARE MOVING 35% of core skills will change from 2015 to
2020
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HUMAN ELEMENT – SKILLS FOR FUTURE
Leadership and Entrepreneurship
Team spirit
Empathy
Morals, ethics, values, responsibility
Communication
Passion
Importance of HR booms
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HOW DO WE MAKE WORKFORCE READY?
Education system built for Industrial Age
Talent survey – 35% of 38,000 employers in US are dissatisfied
Coming East, every year 5 lakh out of 30 lakh graduating students are employed!
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HOW DO WE MAKE WORKFORCE READY?
Change starts from elementary education system system, upbringing, culture, attitude, beliefs and values
Focus shift from IQ to EQ and SQ
Create global citizens
Make static part solid – Pareto Analysis, with extensive R&D on the dynamic part to drive evolution
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CHANGES BEING DRIVEN Educational Institutions – Harvard’sTalerang
Corporates drive change – sustainability initiatives
Adecco – CEO for One Month; Way to Work
Creates all-round, well developed early stage professionals – bridges gap of work readiness
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UNDERSTANDING TO EFFECT CHANGES - ADECCO
Volatile global environment
Effective regulatory framework
Technology & Automation
Demography
Sociology and Diversity
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BIBLIOGRAPHY
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THANK YOU!Your questions are my scope for introspection. Please feel free to ask