Very few people will challenge you if you say that the world seems to be changing faster and faster. How are you prepared for it?
If you look at hard data over the last 20 years, you will find an exponential curve. This same pattern is true for all sorts of hard data. Driven mostly by technological progress and global integration, the speed of everything is going faster and faster, and this is now demanding that we run organisations in a different way. What will happen when the world will fully jump into Artificial Intelligence and work automation?
More than 50%…
of current work activities are technically automatable by adopting current technologies
6 of 10 current…
occupations have more than 30% of activities that are technically automatable with existing technologies
30% of the current workforce…
is going to be displaced by 2030 when automation is adopted
More than 300 million…
workers will have to change their occupational category by 2030
Organisations have the chance to grow and progress in this changing time. And yet the number of public or private firms who are fundamentally trying to develop themselves in new ways, not incrementally different ways, is very very small.
And increasingly, it’s really that dangerous.
Think of Kodak…The company filed for bankruptcy protection in 2012, exited legacy businesses and sold off its patents before re-emerging as a sharply smaller company in 2013. Once one of the most powerful companies in the world, today, the company has a market capitalisation of less than $1 billion.
Why did this happen?
An easy explanation is myopia.
Kodak was so blinded by its success that it completely missed the rise of digital technologies.
So how is your company dealing with digital transformation, artificial intelligence and embracing change? How are you ensuring that you and your employees stay ahead of the curve? How are you building competitive advantage over your competitors?
The answer is simple. If we want to stay relevant in the digital age, we have to make a shift to continuous learning in the workplace.
Digitalisation and automation are fundamentally transforming the way we work. This will have a profound effect on the tasks we perform and the skills that are required. Skills acquired in our initial education will become obsolete more rapidly as technological breakthroughs speed up.
Skills such as problem-solving and communication, curiosity, adaptability and emotional agility are becoming more important. These qualities ensure greater resilience and success in the face of a changing work and social environment.
They also provide a fertile environment for lifelong learning.
Businesses should take three steps to shift to continuous learning:
Most importantly, as leaders, we will have to develop the awareness that staying relevant is important and develop the right mindset to act on this. We need to ask ourselves how we can keep doing relevant things that are also bringing our company forward.
There are many factors which contribute to the success of an organisation, and leadership is, without a doubt, one of the most fundamental reasons for this success.
BPD’s Development in Coaching Skills and Emotional Intelligence workshops will assist corporations, CEO’s, Executives and Business Owners who are serious about developing sustainable, profitable teams led by highly efficient future-proofed leaders ready to face the digital era and stay relevant (and profitable) in it.
Give us your number and we’ll contact you back to set a meeting.
Participants will be equipped with tools and techniques that will allow them to execute their duties more successfully by:
BPD works with a limited amount of clients each year.
Be among the top-notch businesses in the Carribean. Set a meeting before registration closes.
BPD’s Development in Coaching Skills and Emotional Intelligence workshops will assist corporations, CEO’s, Executives and Business Owners who are serious about developing sustainable, profitable teams led by highly efficient future-proofed leaders who are ready to face the digital era and stay relevant (and profitable) in it. Provide us with your phone number and you will be contacted by the BPD team to set up an introductory meeting to know more about BPD’s corporate services.