According to the World Economic Forum’s Future of Jobs report, augmentation is where machines perform the repetitive tasks and allow people to use their talents to solve more complex issues. Accenture describe three waves of transformation: ‘Standardisation’ (think Henry Ford), then complete ‘Automation’ of routine tasks. Only 10% of companies are exploiting a third wave […]
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In the short-term, blockchain’s strategic business value is mainly in cost reduction in record keeping and transactions. HR is starting on this journey too. The easiest place to start is single-use applications, which minimize risk because they aren’t new and involve little coordination with third parties. Financial services companies are finding that the private blockchain […]
The gig economy has been used to demand total flexibility, while offering minimal security. But it can be positive. Defined broadly, it is about dividing work into projects and letting the best-suited people do them flexibly. Few employers, however, think hard about when people do their best work. Here’s room for innovation: At their peak […]
Recruitment is difficult, especially given unconscious bias. But the biggest hindrance to making the best choice is that we hire people who we believe will make us look good. There’s an interesting new hiring method on the horizon that might lead to more diversity of recruitment. Hiring teams, rather than individuals. One Silicon Valley company […]
In all major economies, the ‘productivity puzzle’ (lower-than-forecast, since the financial crisis) defies easy explanation. The UK has a particularly acute challenge (and opportunity): labour productivity – output per hour worked – is 35% below Germany and 30% below the US. French workers produce as much by Thursday tea time as British workers do by […]