Competency Management In an Era of Digital Disruption€¦ · Digital Disruption: The Competency...
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Competency Management In an Era of Digital Disruption A Presentation to the 1
Transcript of Competency Management In an Era of Digital Disruption€¦ · Digital Disruption: The Competency...
Competency Management
In an Era of
Digital Disruption
A Presentation
to the
1
Content:
The Age of Digital Disruption
Digital Disruption: The Skills Impact
Competency Management: A New Paradigm
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IOT
Big Data
Smart Products
Automation & Robotics
Autonomous Vehicles
Artificial Intelligence
Digital Twins & Advanced
Optimisation
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Cognitive Computing
Digital Transformation: Leaders vs Laggards
Source: Accenture 20195
Revenue Growth:
Leaders 9%
Laggards 4%
Digital Transformation: Leaders vs Laggards
Source: Accenture 20196
Revenue Growth:
Leaders 9%
Laggards 4%
Adopt technologies to make
them fast and flexible
Create a Boundary Less
Network breaking down Barriers
Leverage all Building Blocks to
create Customer Centric
Solutions
Digital Transformation: Expected Disruption
Source: Gartner 20197
The Digital Wedge:
Source: Gartner 2019 8
Digital Disruption: The Competency Impact
The Rate of Change
Competency
Requirements
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Current Competency Base Becoming
Irrelevant
New Competency Base
An Enabler
Digital Disruption: The Competency Impact
The Rate of Change
Competency
Requirements
10
Current Competency Base Becoming
Irrelevant
New Competency Base
An Enabler
$ 359 Billion was spend on Training in 2016
75% of Managers were dissatisfied with Training
70% of Employees believe they do not have the required skills
12% of Employees believe they do have the required skills
25% of respondents believe that training improves performance
Research from: Harvard Business School & McKinsey 2019
Competency Management In an Era of Digital Disruption:
Competency Development
Competency
Measurement
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Competency Management In an Era of Digital Disruption:
Competency Development
Competency
Measurement
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Competency Management
An Enabler
Competency Management
A Barrier
Competency DevelopmentMisdirected
The InformedConcernedEmployee
Competency Measurement In an Era of Digital Disruption:
Constant Measurement
Available On Demand
Empowering The Employee
Predictive Capability
Competency
Measurement
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Competency Management In an Era of Digital Disruption:
Competency
Development
Micro Training
Available On Demand
Empowering The Employee
ROI Analytics Focused
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Thank You
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