article thumbnail

Reskilling the Future of Work

HR Digest

In a recent McKinsey Global Survey on the future of workforce needs, nearly nine in ten executives and managers say their organizations either face skills gap already or expect gaps to develop within the next five years. Organizations are now facing a learning curve as managers scramble to lead their teams virtually.

McKinsey 134
article thumbnail

The Question with AI Isn’t Whether We’ll Lose Our Jobs — It’s How Much We’ll Get Paid

Harvard Business Review

It is the continuous obligation of economic policy to match increases in productive potential with increases in purchasing power and demand. Nonetheless, with the right policies we can get the best of both worlds: automation without rampant unemployment. anucha sirivisansuwan/Getty Images. Is This Time Different? In the U.S.,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Economic Impact of the Japanese Disasters

Harvard Business Review

Transportation disruptions and the closing of many factories throughout Japan will shrink Japanese aggregate demand and disrupt supply chains worldwide. Japan's economic policy makers are being put to the test once again. Analysts have already reduced forecasted GDP growth rates for Japan by 0.5% for the second quarter.

GDP 15
article thumbnail

More and More CEOs Are Taking Their Social Responsibility Seriously

Harvard Business Review

We can’t expect managers to focus primarily on anything other than building a thriving, profitable enterprise. The Ford story doesn’t add up , if you assume that Ford believed that his move alone was enough to raise overall demand for cars. Nor is it a substitute to good public policy and healthy democratic governance.

CEO 11