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© Harmonics | All Rights Reserved | www.harmonics.ie | 2017 How to Anticipate the Future Waves of Change John Fitzgerald – MD Harmonics Group Future Career Readiness a 3D Approach

Transcript of €¦ · 3D –Change in Insurance Sector • Automation –Digital change – Technology –AI -...

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© H a r m o n i c s | A l l R i g h t s R e s e r v e d | w w w . h a r m o n i c s . i e | 2 0 1 7

How to Anticipate the

Future Waves of Change

John Fitzgerald – MD Harmonics Group

Future

Career

Readiness

a 3D

Approach

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This Session – Future Career Readiness a 3D Approach

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The Future is 3D

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Your Future Career Readiness

Tracking Future Workforce Readiness

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www.futurecareerreadiness.com

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About the Research

My Purpose – Helping People and Organisations to future proof in a world that is changing every line of work

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1D - Individual Change

2D -OrganisationChange

3D - Future of Work Environment Change

The Future of Work is 3 Dimensional

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3D - Future of Work Environment Change

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3D – Change in Insurance Sector• Automation – Digital change –

Technology – AI - Robotics

• More app based – demand for new channels - online

• Auto enrollment

• GDPR, Governance, Regulations

• Brexit – EU Passporting

• Data driven decision making

• Bespoke products –personalisation

• Market segmentation

• More competitive with tighter margins

• Less intermediaries

• Working remotely – challenges and benefits

• Simplicity - streamlined

• Involvement in society

• People expect more for free and faster

• Reduced work/life balance Faster pace

• Real time data

• Environmental/climate change

• Social Media

• Demand for Wellness

• Customer engagement

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Source McKinsey Research 2018

Business Case for Digital Labour

“AI is the Future of Growth”- Accenture 2019

Digital Laggard

Digital Frontrunner

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2D – Organisation Change

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2D – Change in Internal Market• More Automation Projects

• New Apps launched

• Structural change – removing silos

• More cross functional opportunities

• More movement of roles

• Tasks being automated

• Job security impacted

• Health and Wellness

• Growing Regulation, Risk and compliance projects

• Inclusion and diversity

• Innovation Hub secondments

• Increased flexibility needed

• Diversity of consumer markets

• Change is a constant

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a specific

time when

you were at

your Career

Best?…

2 out of 3 Jobs Non Routine by 2027 -Gartner

Declining DemandHighly Automatable Work

*75 Million jobs displaced

Growing DemandHighly Rewarded Work

*133 Million new roles

Routine/Cognitive Non Routine/Cognitive

Work which has a set of activities with defined instructions. This work can be easily replicated by smart machines who recognise patterns

Work which is varied requires creativity, critical thinking, collaboration. Humans are still best at adapting to change

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1D – Individual Change

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a specific

time when

you were at

your Career

Best?…

Most Valued Skills In Organizations

Collaboration

Eagerness to Learn

Emotional Intelligence

Negotiating

Understanding Analytics

Commercial Acumen

Embracing Diversity

Consulting

HR Technology

Creativity

Critical Thinking

Leadership Agility

Communicating Clearly

Embracing Change

2019 OIGP Global Research Study

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1D - Individual Change

2D -OrganisationChange

3D - Future of Work Environment Change

The Future of Work is 3 Dimensional

Role FitExperiencesResiliencePurpose

CommunicationCollaborationDifferentiationAI & Automation

Online BrandNetwork diversityCustomer insightFuture of Work

Current skills valueAppetite to learnRecent track recordProfessionalisation

Reflection time :Research doneRelationships built: Future Clarity

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www.futurecareerreadiness.com

Find out your Future

Readiness Score?

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Tracking Career Engagement in Your Workforce

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Career Stages –Where are your people now?

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Career Pathways – Where People want to go

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Your Own Future Workforce Readiness Data

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Your Own Future Workforce Readiness Data

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www.futurecareerreadiness.com

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