Business World

Chapnick,

- PDEX — DAILY TRADE VOLUME (in million pesos) ODB (in $) PDEX — TRADE VOLUME TREND (in million pesos) ODB (IN $) PDEX — PDST – R1 (as of October 5, 2018) Tenor Today Previous Day +/Week Ago +/-

This same research shows that few Canadian employers are prepared for talent challenges from expected surges in work automation. The survey also revealed that few companies and HR functions are prepared to address these changes and challenges. In fact, the data shows that automation is still seen as simply a way to reduce costs (45%) rather than to augment human productivi­ty (36%) or to increase organizati­onal performanc­e.

MOVING FORWARD

Given alarmist headlines about workplace automation, it’s easy to feel uncertain about the impact of new technologi­es on work. Yes, work will change and jobs will be restructur­ed as automation plays a larger role in our organizati­ons, but there’s much HR leaders can do now to influence how their organizati­ons react. Here are a few places to start:

1. Identify a job or a group of jobs that could benefit from automation. Are there tasks within those jobs that could be augmented or substitute­d by technology to improve productivi­ty or T-BILL FXTN RTB AC AEV ALI AP DD EDC FDC FLI FMIC GLO GTCAP JGS MER NLEX PCOR RLC SM SMB SMC SMCGP SMPH TEL MBT PNB PSB SECB UBP UCPB

TOTAL PHP VOL. 3,017.74 4,058.06 TOTAL USD VOL.

T-BILL FXTN RTB ABS AC AEV ALI AP DD FLI GTCAP HOUSE JGS MEG MER NLEX PCOR RLC SM SMB SMC SMCGP SMPH TEL BPI EW PNB PSB SECB UBP

1-Oct

1,436.95 328.50 1,012.87 31.00 136.82 51.50 0.00 0.50 2.00 0.00 0.20 0.00 0.00 0.32 1.50 0.05 0.00 0.00 3.00 1.00 0.00 5.50 0.30 3.74 0.00 0.00 0.00 2.00 0.00 0.00 0.00

0.04

0.04 TOTAL PHP VOLUME TOTAL USD VOLUME 2-Oct

1,926.27 1,196.11 868.68 4.70 2.00 8.10 0.00 0.00 0.00 0.00 3.00 0.50 6.30 0.00 6.00 0.05 0.00 2.00 1.00 6.35 19.00 0.00 2.00 6.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.20

0.20

1,116.96 2,819.39 1,437.63 0.00 0.00 10.90 21.10 0.10 3.00 20.10 5.00 0.00 0.00 0.00 8.50 0.00 0.00 0.00 0.10 0.00 16.50 9.00 23.66 10.01 0.00 0.00 11.00 0.00 0.00 0.00

5,512.95

0.00

0.00

help your people be more effective within those roles? What new tasks will be created?

2. Pick a spot within HR, Finance or the business operations and assess where machine learning could be applied more broadly. This could be within a shared services group, functional business partners, customer service organizati­ons, talent acquisitio­n, etc.

3. Spur conversati­ons with your colleagues in the operations and IT functions to understand how your business model is changing as a result of technology. Proactivel­y address the role HR can play in reinventin­g jobs and engaging the workforce around change.

To keep up with an everchangi­ng workplace, HR needs to understand the technologi­es available and choose those that bring the most value to the organizati­on. Fully understand­ing the potential impact of AI and machine learning on work force operations will help organizati­ons meet the challenges and capture the opportunit­ies in the new world of work.

3-Oct

1,956.69 1,302.25 725.51 0.00 21.00 55.50 0.00 0.00 0.00 1.20 0.20 0.00 0.00 3.00 0.00 0.00 0.00 2.71 0.00 1.50 0.50 8.44 1.70 7.62 2.80 5.00 0.00 0.00 0.00 0.00 0.00

4,095.62

0.00

0.00 4-Oct

1,453.12 2,277.51 753.57 7.22 1.00 25.00 0.00 0.00 0.00 0.00 10.20 0.00 0.00 0.00 0.00 0.00 1.50 0.10 0.00 32.00 9.28 0.00 3.71 1.00 2.00 0.00 0.30 0.00 0.00 0.00 0.00

4,577.50

0.25

0.25 5-Oct

1,116.96 2,819.39 1,437.63 0.00 10.90 21.10 0.10 3.00 0.00 0.00 20.10 0.00 0.00 5.00 0.00 8.50 0.00 0.00 0.00 0.10 0.00 16.50 9.00 23.66 10.01 0.00 11.00 0.00 0.00 0.00 0.00

5,512.95 4,252.37 21,261.87

0.00

0.00 Average

1,578.00 1,584.75 959.65 14.31 34.34 32.24 0.10 1.75 2.00 1.20 6.74 0.50 6.30 2.77 3.75 2.87 1.50 1.60 2.00 8.19 9.59 10.15 3.34 8.40 4.94 5.00 5.65 2.00 0.00 0.00 0.00

0.16

0.16 Total for the Week

Month Ago 7,889.99 7,923.75 4,798.25 42.92 171.72 161.20 0.10 3.50 2.00 1.20 33.70 0.50 6.30 8.32 7.50 8.60 1.50 4.81 4.00 40.95 28.78 30.44 16.71 42.02 14.81 5.00 11.30 2.00 0.00 0.00 0.00

0.49

0.49

+/-

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