article thumbnail

Employee Reskilling Is The Answer to the Talent Shortages At Work

HR Digest

While keeping up with changing times has always been a necessary consideration regardless of the industry, the rapid upsurge of technology recently has really highlighted the need for reskilling programs in order to understand how to do a job you might have been doing for years already, albeit in much more complex ways now.

Trends 129
article thumbnail

Business Model Innovation Will Be Key To Emerge From Covid Well

The Horizons Tracker

The authors argue that when combined with the adoption of new digital technologies, economies can achieve productivity growth of around 3.5%, versus the 1% that is predicted currently. “We posit that rapid productivity growth offers the only viable option and that it can reduce the debt to GDP ratio to pre-pandemic.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Win with AI and Automation

HR Digest

Developments in digital technologies, inclusive of artificial intelligence (AI) and automation, are estimated by some to create the potential for a tremendous reduction in the volume of work. Others see scope of digital technologies to transform the quality of work. INVESTING IN HUMAN RESOURCES. IMPROVING WORK MARKET DYNAMISM.

article thumbnail

Women and the economy: an opportunity for growth

Strategy Driven

As Christine Lagarde, Managing Director of the International Monetary Fund states: if women were employed at the same rate as men, GDP would increase by 5 percent in the United States, by 9 percent in Japan and by 27 percent in India. Women are historically underrepresented in STEM (Science, Technology, Engineering and Mathematics.

Mentor 50
article thumbnail

Technology Is Changing Transportation, and Cities Should Adapt

Harvard Business Review

And as innovation brings self-driving cars, electric vehicles, in-vehicle data connectivity, mechanisms for sharing rides and vehicles, and other technologies to more people, getting around cities will become easier, faster, and safer. million deaths in 2015 ), and air pollution (health problems like respiratory ailments).

article thumbnail

To Improve African Education, Focus on Technology

Harvard Business Review

These present drivers of its economy, however, are under threat from technology. I founded the nonprofit African Institution of Technology to help universities in the region develop capabilities in emerging areas like microelectronics, biotech, and nanotechnology. Education drives technology. publicly traded companies.

article thumbnail

How Will AI Change Work? Here Are 5 Schools of Thought

Harvard Business Review

In a new Accenture survey (titled Reworking the Revolution , which will be published on January 23 rd ) of 1,200 C-level executives worldwide, 75% say that they are currently accelerating investments in AI and other intelligent technologies. The Technology Optimists. The Utopians. The Productivity Skeptics.

GDP 8