Machines began replacing humans as early as the 19th century. The seeds of labor relations that were sown back then have, over decades of incremental progress, evolved into what we know today as Human Capital Development. Today, we stand at the cusp of yet another monumental transformation. The breakneck pace of disruption has redefined the very foundation of VUCA. Industry 4.0 is bringing with it the digital tsunami – Internet of Things, artificial intelligence, robotics, augmented reality and machine learning – impacting the work environment. Large-scale disruption on an everyday basis is transforming the physical world into a digital realm.
The inescapable truth of change
It is my earnest belief that the function which is going to take the maximum hit is HR. Do our challenges end at technology? Not at all! Above and beyond, there will be dramatically different skill and capability requirements. Major challenges await us in areas such as multi-generational workforce dy...
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