article thumbnail

AI for Execs: Navigating the Future of Business.

Rich Gee Group

For executives, AI isn't just about technology; it's about transformation. A report by McKinsey Global Institute estimates that AI could add $13 trillion to the global economy by 2030. AI specialists can provide insights into what technologies to adopt, how to integrate them, and how to avoid potential pitfalls.

article thumbnail

Are Women At Risk Of Automation In The Workplace?

The Horizons Tracker

The last few years have seen a number of reports attempting to explore how the future of work will unfold, and one of the most commonly cited was that produced by McKinsey in 2017. The report predicted that while less than 5% of occupations were fully automatable, some 60% of jobs had tasks that could be automated around 30%.

Insiders

Sign Up for our Newsletter

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

article thumbnail

8 Things Collaborative Leaders Know

Jesse Lyn Stoner Blog

The need for collaboration is driven by the issues arising from the current economic crisis and supported by the opportunities afforded by advances in technology, specifically Web 2.0. Technology has created the opportunity to know. Click on the diagram to see the full McKinsey Report: Mapping the Value of Employee Collaboration.

article thumbnail

The Threat of Workplace Automation in Future

HR Digest

John Maynard Keynes warned in 1930 “about the new scourge of technological unemployment”, which he termed as “unemployment due to our discovery of means of economizing the use of labor outrunning the pace at which we can find new uses for labor.” In short, out jobbing ourselves. What workplace automation means for workers?

article thumbnail

Why Should Companies Hire New Graduates?

ExactHire - Leadership

According to McKinsey , companies succeeding at diversity are 35 percent more likely to enjoy profit margins above the median for their industry. When companies hire fresh graduates, they’re more likely to attain their diversity goals. Pew Research Center reports that recent graduates are more diverse than ever. Access a passive talent pool.

Company 98
article thumbnail

Playing the Long Game: The Employee Retention Process in HR

HR Digest

If companies get better at hiring candidates who correctly match the work ethic, job description, and company culture of the organization, they immediately reduce the likelihood of these candidates leaving. Employees stay with organizations that care about them and help them grow.

Process 59
article thumbnail

Employee Relationships is a Serious Employer Responsibility

HR Digest

HRM principles indicate that defining the company’s ethics and values can make maintaining a harmonious workplace that much easier. Feedback Sharing A McKinsey survey of 12,000 managers found that managers believed “candid, insightful feedback” to be crucial to career growth.

Schein 98