Organisations are redesigning jobs around AI and robotics

In the past year, organisations have become laser-focused on how automation induced job shifts will impact individuals, according to Deloitte’s sixth annual Human Capital Trends report, “The rise of social enterprise”. The research shows over four in 10 companies believe automation will have a major impact on jobs, and 61 per cent are actively redesigning jobs around artificial intelligence and robotics. Against this backdrop, companies and individuals realise the traditional career model is becoming defunct. Sixty-two per cent respondents consider building new career models and skills as very important, making it the most important human capital trend for India. However, only 14 per cent are ready to address this challenge. Also the data shows a clear disconnect between development programmes and today’s career paths in India.

In addition to investing in employees’ professional development, organisations must rethink how they invest on a personal level. Only three per cent companies think their reward offerings are very effective at motivating talent. Behaving as a social enterprise and managing the external environment’s macro trends effectively demands an unprecedented level of cross-functional vision, connectivity, and collaboration from C-suite leaders wherein top executives act as a team while also leading their own functional teams. The symphonic C-suite is the next stage in the ongoing evolution of leadership models. This new model is necessary to help leaders to understand, manage and respond to the complex social capital issues that organisations face, enabling them to tap opportunities, manage risks and build relationships with internal and external stakeholders.