A recent report by McKinsey Global Institute, states that automation will take over around 800 million jobs by 2030 worldwide. While automation will replace some jobs, it will also create new work opportunities across industries like the growing role of big data in the economy will create a significant need for statisticians and data analysts. It is also paving the way for various “interesting” start-ups that are leveraging cutting-age technology to provide innovative solutions.
Business leaders turn to the people practices to help mould and realize business strategy. There has been and will continue to be a shift from mere cost-focus or efficiency-focus to a more value-addition based effectiveness focus.
There is a pressing need for HR to talk and walk business strategy, but the true value-addition will happen not just when HR participates in high-level planning processes, but when it helps translate strategy into day-to-day actions on the people front.
This whitepaper by People Matters and Oracle outlines:
- How the world of work is changing
- The priorities of leading companies
- Business preparedness in the short-term and long term
- The role of technology in enabling change