VET News

Intensifying Issues Challenge Organisations to Reinvent Themselves

In 2019, an intensifying combination of economic, social, and political issues is challenging business strategies. Faced with the relentless acceleration of artificial intelligence (AI), cognitive technologies, and automation, 86 percent of respondents to this year’s Global Human Capital Trends survey believe they must reinvent their ability to learn. After nearly 10 years of economic growth, and despite a pervasive corporate focus on digital transformation, 84 percent of respondents told us they need to rethink their workforce experience to improve productivity. And in the face of new pressures to move faster and adapt to a far more diverse workforce, 80 percent believe they need to develop leaders differently.

Deloitte has categorised results as trends under different headings for ease of reference:

• Future of the workforce
• Future of the organisation
• Future of HR

Under the ‘Future of HR’ is information about learning in the flow of life:  Learning was the top-rated challenge among 2019’s Global Human Capital Trends. People rated the “opportunity to learn” as among their top reasons for taking a job, and business leaders know that changes in technology, longevity, work practices, and business models have created a tremendous demand for continuous, lifelong development. Leading organisations are taking steps to deliver learning to their people in a more personal way, integrating work and learning more tightly with each other, extending ownership for learning beyond the HR organisation, and looking for ways to bring solutions we use in our daily lives into the learning environment at work.

For more insights, you can view the:

• Report
• 2019 Trends

Date posted May 9, 2019