1985

Deloitte Digital, Clerkenwell – 2015

My 12 hour day as a graduate analyst in 1985 involved the help of 6 librarians, a microfiche, a calculator and a production team

It takes one Deloitte graduate analyst

Source: ONS

35% of UK jobs are at high risk of automation in the next ten to twenty years

Source: Frey and Osborne, University of Oxford, Deloitte

Automation presents serious challenges and opportunities

• Office and administrative support, sales and services, transportation, construction and extraction, production and manufacturing are at highest risk

• UK jobs paying less than £30k are five times more likely to be automated than those paying £100k

• 63% of London jobs paying less than £30k are at high risk

Source: University of Oxford, Deloitte

Jobs lost from the UK and London, 2001-2013

64% 65% 58% 56%

48% 44% 43%

38% 33% 32%

48%

40%

30%

44% 46% 47%

8% 7%

37%

23%

(70%)

(60%)

(50%)

(40%)

(30%)

(20%)

(10%)

0%

Libraryassistantsand clerks

Sales-relatedoccupations

Filing, recordassistants and

clerks

Travelagents

Counterclerks

PAs and othersecretaries

Collectors,sales persons,credit agents

Pensions andInsurance

clerks

Creditcontrollers

Accountswages clerks,bookkeepers

Pe

rce

nta

ge

of

job

lo

ss

es

London Rest of the UK

Source: ONS, Deloitte

Automation will be the leading cause of job losses in London

41%

32%

27%

Automation Nearshoring Offshoring

Source: Deloitte survey of 100 London businesses, 2014

73% of London businesses plan to increase overall headcount in the next five years

73%

5%

22%

plan to increase London headcount

plan to reduce London headcount

No plans for change

Source: Deloitte survey of 100 London businesses, 2014

Skill requirements are changing fast …

Cultural know-howand/or foreign languages

Persuasiveness

Social perceptiveness

Processing, support and clerical (e.g. data entry, …

Professional qualifications

Negotiation

Problem solving

Entrepreneurship

Creativity

Management capability

Digital know-how

The skills increasingly required, London businesses (weighted score)

Source: Deloitte survey of 100 London businesses, 2014

Anticipated impact of technology

64%

35%

1%

Very significant or significant impact

Limited or very limited impact

No impact

Source: Deloitte survey of 100 London businesses, 2014

12th & 13th Centuries

14th Century

15th Century

16th Century

17th & 18th Centuries

20th Century

21st Century

Fastest-growing job titles – global view

Source: Linkedin

Agility

Agility

• Education

• Skills

• Workplace

• Public policy

• Business leadership and organisation