The world in the next 10 years is an exciting phase for mankind. The key drivers of change viz., mobility, artificial intelligence, cloud and big data will continue to accelerate the technology adoption across industries and bring disruptive and lasting changes to the way of life. They will also reverse certain wrong-doings of the past.

From a sustainability perspective, technology comes as a savior to redefine, practically all the basic existential requirements (such as, air, water, food, land etc.) that facilitate all living beings and creates abundance. However, there is a catch and that is the urgent necessity for skills upgrade to enjoy that abundance.

The demographic changes including rise in middle class, increasing millennial component in the population and growing rate of urbanization will continue to build uneven pressures across the spectrum.

Adapting to all these, new jobs, new roles, new responsibilities and new collaborations will redefine employment for the future.

BY 2030, THE JOB LANDSCAPE WILL LOOK VERY DIFFERENT BECAUSE WHERE THE JOBS ARE CREATED IS DIFFERENT TO WHERE THE JOBS ARE DISPLACED.

• 54% of all employees will require significant re- and upskilling
• 35% are expected to require additional training of up to 6 months
• 09% will require re-skilling lasting 6 to 12 months
• 10% will require additional skills training of more than a year

(Source : World Economic Forum)

Some very pertinent questions for corporates:

• Is your organization future proofed?
• Can you survive in the new man-machine world?
• Are your business insights driven (leveraging the power of data)?
• Are you moving towards digital readiness?
• Are your employees future ready?
• Do you drive agile learning for employees?
• Do you encourage innovation amongst employees?
• Are you building the right leadership for the future?

An Augmented strategy becomes highly relevant for corporates to drive value creation leveraging both human and technology. To do this a detailed study of tasks on one hand and skills on the other will determine both automation and reskilling approaches.

Navo brings thoughtful competencies and re-skilling solutions to prepare your organization for the future.