Workforce Trends - How Organizations Must Respond to Keep Pace in Today's International Marketplace

Summary: Recent surveys of global CEOs and board chairmen conclude that human capital is the top challenge they face. Managing change, and finding and keeping staff with the right skills are among the most important business challenges facing business leaders. The human population is getting older. Fertility is falling, and the world’s population is graying dramatically. A smaller workforce will place a greater onus on productivity for driving growth and may cause us to rethink the economy’s potential. With ongoing digitization of the workforce, the stage is set for major change as artificial intelligence brings workplace automation to physically intensive roles and repetitive routines but also to a wide range of other tasks. This coming digitization of the workforce and the powerful economics of automation will require a sweeping change in organizational structures, influence and control. In this episode, we discuss these workforce trends and what organizations must do to keep pace.