The future of the workforce is one of the biggest issues facing CEOs today. It’s abundantly clear to all that artificial intelligence, big data analytics, and advanced robotics make it possible for machines to take on tasks that once required a person to do them. How should companies prepare, strategically, to thrive in this world?
How Will AI Change Work? Here Are 5 Schools of Thought
Artificial intelligence and advanced robotics are making it possible for machines to take on tasks that once required a person to do them. By some accounts, almost half of all jobs in the U.S. economy could be made obsolete. So how should companies prepare strategically to thrive in this new world? Business leaders must take steps now to shape their workforces for the emerging intelligent enterprise. Companies that think beyond labor substitution and cost savings will see a much greater payoff. Consider using technology to augment human skills and reinvent operating models. Take the opportunity to redefine jobs and rethink organizational design. And make employees your partners in building the intelligent enterprise in order to strike the right balance between investing in intelligent technologies and maintaining existing businesses. Those companies that actively seize control of what can be done now will position themselves to thrive in this exciting new era.