Introducing The Global Workforce Intelligence Project (GWI)
Feb 25, 2022
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Discover the impact of workforce transformation in today's digital era. The discussion unveils an AI-driven project that analyzes job trends and skills in evolving industries. Learn how organizations can adapt to the fast-changing landscape by creating new career pathways and frameworks. Insights into collaboration opportunities for better workforce planning are also highlighted, demonstrating the need for agility in navigating current challenges.
The shift towards industry convergence requires organizations to adapt both their job roles and strategic skills development to remain competitive.
The Global Workforce Intelligence Project leverages AI to analyze workforce trends, enabling companies to align their planning with emerging skills and job needs.
Deep dives
The Transformation from Digital to Business
Digital transformation has evolved into a broader concept of business transformation, where companies are not just adopting new technologies but are fundamentally changing their business models. Organizations must adapt to sell products and services in innovative ways, such as an auto manufacturer that now sells cars equipped with digital maps and integrates electric vehicle technology. This shift necessitates the creation of new roles and organizational structures, moving beyond traditional digital roles to embrace positions like AI engineers and data scientists, which have become crucial in today's market. Industries that were once reluctant to digitize, such as healthcare, are also undergoing significant changes, adapting to provide digital patient care and testing services.
Navigating Industry Convergence
As businesses shift towards industry convergence, organizations must recognize the need for both skills development and a reassessment of job roles and structures. HR departments face the challenge of adapting to these changes, where the emergence of new career pathways, such as moving from customer service to risk management in banking, illustrates the dynamic job marketplace. The need for skills is only part of the equation; strategic organization design and restructuring of career paths also play critical roles in facilitating these transitions. The focus is not solely on reskilling workers, but also on understanding how job roles cluster and evolve within adjacent industries.
The Role of Data in Workforce Planning
The Global Workforce Intelligence Project utilizes extensive data to provide strategic insights into trending skills, job roles, and organizational models across various industries. By harnessing sophisticated AI tools, companies can benchmark themselves against others and identify crucial gaps in skills and job structures. This level of analysis empowers organizations to align their workforce planning with industry trends and forecast future needs effectively. As a result, workforce planning becomes a collaborative and multifunctional effort, bridging gaps between different departments, including L&D, recruitment, and executive management.
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Navigating Workforce Transformation in a Digital Era
We’ve entered a new world of work. Jobs, skills, and organizations are changing faster than ever. And it’s all because of what we call “Industry Reinvention.” If you want to learn all about how...
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