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Digital Transformation Is Not Merely A Technology Transformation (Part 1)

A recent survey of senior managers, CEOs and executives found that the digital transformation risk is their number one concern in 2019. However, 70% of the number of digital transformation initiatives failed to achieve their goals. Of the $1.3 trillion that was spent on digital transformation last year, an estimated $ 900 billion was wasted. Basically, if a leader lacks the right mindset to change and some of the existing organizations are still lacking, digital transformation will simply bloat those shortcomings. Here are FIVE important lessons that help leaders organize their companies successfully through digital transformations. Lesson 1: Find out

C-suite And Necessary Preparations For The Robot Age

Robots have been playing an important and essential role in today’s workforce. A recent study by PwC in 29 countries estimated that the average adoption rate of high-risk jobs will increase by about 20% by the end of 2020 and 30% by mid-2030. For those employees around the globe, this shift means they have to be prepared to share work opportunities for robots, see them as colleagues. In a worse scenario, they have to learn new skills because robots will replace them in more dangerous and competitive jobs. Within the article, robots here are defined as two types: industrial robots

Skills Trend In The New Era

We have spent nearly two decades of the 21st century and witnessed the tremendous development of technology that makes it easier for people in life and work. But every time technology moves one step further, we have more reason to fear that these tireless machines will replace people. As a person living in the digital age, have you noticed the changes that occurred at your workplace? Are they or will they affect you? Are you ready for the change? How can machines replace us? Stop thinking about flying cars and be more realistic, you are familiar with the automated switchboard

Leaders Act First In Pursuing Sustainable Development

Sustainable development is no longer a strange concept for businesses today. Many corporations around the world have set sustainable development goals in business strategies and actions to achieve that goal. As business leaders and capable of creating internal change for your organization, you need to be pioneers in the journey toward sustainable development. First understand the sustainability and benefits that it brings to the business, thereby applying reasonable methods to improve the sustainability of your business. Sustainable development is an inevitable trend Business and sustainable development goals In the context of a market with too many competitors with similar products

Is Freelancer The Future Of Work?

Technological improvements in recent years have made the labor more flexible in their ways of working. The shift from face-to-face meetings to work through technology utilities has boosted the development of the freelance workforce. In the US, the number of freelancers is surpassing the growth of general labor up to 3 times. So will this growth reflect the trend of the future workforce? Why do workers choose to be freelancers? The concept of freelancer – freelance work is a new concept that has appeared recently, before that, workers assured themselves a job at an organization, and turn to other businesses

What Should Businesses And Employees Do To Prepare For The Incoming Skill Shift?

The transformation of skills has appeared with the introduction of new technologies at the workplace since the Industrial Revolution took place, but the application of automation and artificial intelligence (AI) will mark the accelerated compared to the changes of the recent past. The need for some skills, such as technology skills, social skills, and emotional skills, will increase rapidly, but manual skills or only physical requirements skills will decrease, although there are still many needs now. These changes will require employees everywhere to further improve their existing skills and discover new skills. Companies will also need to rethink how to

The World Is Changing, So Is The Role Of Human Resources

The impact of technology has changed our lives every day, demanding a quick response from businesses to continue to bring the values ​​that people want. Technology also changes the nature of the workforce, leading to a change in the concept of Human Resource Management. What is changing the role of personnel? In the context of every enterprise constantly improving, upgrading operational models, technology, actively changing and building more sustainable resources that start from people; then this is an opportunity for HR. There are many different factors, but we can summarize the three most fundamental changes: For businesses: the strong development