€¦ · 3D –Change in Insurance Sector • Automation –Digital change – Technology –AI -...
Transcript of €¦ · 3D –Change in Insurance Sector • Automation –Digital change – Technology –AI -...
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How to Anticipate the
Future Waves of Change
John Fitzgerald – MD Harmonics Group
Future
Career
Readiness
a 3D
Approach
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
www.futurecareerreadiness.com
About the Research
My Purpose – Helping People and Organisations to future proof in a world that is changing every line of work
Insights from 1,000 Global HR Leaders
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
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
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
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
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
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
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
www.futurecareerreadiness.com
Find out your Future
Readiness Score?
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Tracking Career Engagement in Your Workforce
Career Stages –Where are your people now?
Career Pathways – Where People want to go
Your Own Future Workforce Readiness Data
Your Own Future Workforce Readiness Data
www.futurecareerreadiness.com
Please Connect on LinkedIn
www.harmonics.ie