Innovation is significantly shaping our world. It’s the number 1 topic I’m asked about. Whether it’s at the HP offices, at customer or partner events, or when I speak at conferences, people want to know how they can tap into their own inner innovator, and spark innovation at their company.
Month: March 2020
Empathy’s Role in Leadership
When you picture an effective leader, what comes to mind?
A deep understanding of their industry, self-awareness, decision-making skills, integrity, transparency, and being empathetic are some of the things that come to my mind. Leaders with a high degree of emotional intelligence earn the trust of and inspire their team to reach their full potential.
Why Robots Aren’t Our Competition
In 2016, I wrote an article titled “Robots Aren’t Taking Our Jobs, They’re Transforming Them,” in response to a flurry of articles I read about robots taking over the workforce in the coming years. Now, nearly four years later, we see the same headlines.
While innovation is happening at an astonishing rate, we’re still nowhere near a Westworld-esque future where robots and automation rule. Robots have come a long way, but still need human expertise and skills to function. Therefore, the outcome is less likely a replacement of humans, but rather a reskilling.
There is a valid concern over the possibility of increasing inequality in our automated future. Once robots enter the workforce fully, most highly-skilled, educated workers are likely to experience a smaller shift in responsibilities than their less-skilled, educated counterparts. In order to adapt, those with fewer skills and education will likely have to expand their abilities to either empower them to work with robots or fall within the realm of abilities that robots currently lack, such as emotional intelligence and creativity.
For those that adapt to work alongside robots and automation, most will experience an increase in job quality, or even safety. For example, customer service professionals have been using AI chatbots for a few years now, and chatbots like bold360 allow the AI to answer the simpler questions, giving the humans more time to focus on complex customer issues. For example, HP’s virtual agent helps its support team sort through nearly 600 million technical support requests each year. There are also bomb disposal robots that use VR to allow soldiers to pilot them while disarming bombs from a safe distance.
It’s predicted that, despite disruption, there is still a net positive outlook for jobs. In other words, though 75 million current roles may be displaced by technology, 133 million entirely new roles may emerge simultaneously. These roles will likely be of two categories, one that deals predominantly with emerging technologies, like IT Services or AI Specialists, and one that provides the exclusively human touch, such as Designers or Human Resources.
Other reports, like this one from Brookings Institute, find that approximately 25% of US jobs are likely to be affected by automation. At face value, this number can seem concerning, but it’s important to remember that the process of implementation will still take time.
In the time it takes for the world to fully implement robots and automation in the majority of work systems, humans will be able to adapt and learn new skills, especially if they are empowered by their employers. Some are calling this the “Skills Revolution,” which refers to the fact that the skills required in the workforce are changing at a rapid pace. In the face of this, workers must embrace continuous learning opportunities, and employers must provide ongoing training to future-proof their employees.
To do just that for your employees, consider the following steps:
Pay attention to trends
As a futurist, I am constantly on the lookout for new Megatrends and patterns that may affect our future. This skill has served me and many others well over the years and has helped HP prepare itself for the years to come.
When it comes to future-proofing yourself in the face of automation, pay attention to new careers and job opportunities. It’s predicted that 65% of the jobs that Gen Z will perform don’t even exist yet. If you are able to spot a job trend and properly prepare for it, you could help usher in an entirely new career field.
Embrace lifelong learning
Gone are the days where you could learn a set of skills, perform them for the rest of your life, and earn a living. Nearly all careers require the occasional training or upskilling, but soon it will be necessary to dedicate time to learning on an ongoing basis. For some, this could mean improving their existing abilities and adding complementary skillsets, but for others it could mean learning an entirely new skill. It’s predicted that 42% of required skills will change by 2022, requiring the average worker to adapt to new tasks such as analytical thinking and negotiation. To adjust to these new skills by 2022, employees will need 101 days of training on average.
Thankfully, there are plenty of resources that will help, like Coursera and Lynda, as well as an emergence of recognized online higher education.
Maintain a growth mindset
How do you cope with challenge and difficulty? Do you give up when you feel that something is out of your range of abilities, or do you accept it as a learning opportunity? To maintain a growth mindset, you must learn to embrace challenges and failure as opportunities for growth, rather than letting them stop you in your tracks.
Read “The Power of ‘Yet’ – Developing a Growth Mindset” for more information!
When you develop a growth mindset, you’re able to have the confidence to push through challenges, and this persistence will help you prepare for our automated future. Whether this is a small shift in your career or a larger transition to an entirely new field, a growth mindset will help you see things through a positive lens.