{"id":233074,"date":"2017-08-07T02:24:07","date_gmt":"2017-08-07T06:24:07","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/in-a-world-where-machines-and-ai-rule-re-skilling-is-the-only-way-out-yourstory-com.php"},"modified":"2022-05-20T16:59:13","modified_gmt":"2022-05-20T20:59:13","slug":"in-a-world-where-machines-and-ai-rule-re-skilling-is-the-only-way-out-yourstory-com","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/artificial-intelligence\/in-a-world-where-machines-and-ai-rule-re-skilling-is-the-only-way-out-yourstory-com.php","title":{"rendered":"In a world where machines and AI rule, re-skilling is the only way out &#8211; YourStory.com"},"content":{"rendered":"<p><p>    Gartner says more than 3 million workers across the world    will have a robo boss by 2018. High time businesses reorient    skill development programs to help mid-level managers stay    relevant.  <\/p>\n<p>    In July, the Vodafone-Idea merger was approved by the    Competition Commission of India (CCI). The mega deal will make    the shareholders of both companies become part of the largest    telecom company in India,and reward them in the future.    It will also create a situation that can quickly escalate into    a nightmare.  <\/p>\n<p>    As many as 6,000 senior-level leaders will have overlapping    roles in the new entity. Industry sources say at least 50    percent of these will have to be let go and will be not    employable. These individuals, who have put in at least 20    years of work in various roles within the organisation, have    not been trained to keep pace with the digital era. But turning    unemployable at the age of 45 is scary.  <\/p>\n<p>    If the scene in Mumbai is bleak, in Chennai, the offices of    ZohoCorp seem to have a Zen vibe.  <\/p>\n<p>    Co-founder Sridhar Vembu is analysing technologies that can impact his    organisation and his employees. He leaves no stone unturned    when it comes to upskilling employees and is betting on    technical languages that work for Zohos applications. Sridhar    spends a lot of time with his engineers and almost 400-odd    engineers have moved from the coding server to building    applications on Android. At Zoho, senior engineers are    constantly relearning static languages (Scala and Java) and are    even playing with dynamic languages (JavaScript, ActionScript,    Ruby on Rails).Sridhar says:  <\/p>\n<p>      We can build a global organisation the Indian way.      Unfortunately, all organisations use the western concept of      hiring and firing, and focus on boosting shareholder returns.      It is the problem of leaders who dont understand the impact      they have on employees fired; after all, they just followed      what they were told.    <\/p>\n<p>    He adds that it is the responsibility of leaders to ensure    employees are up to date with new technologies.  <\/p>\n<p>    Even if people are talking about AI, you need human capital to    train these machines in understanding data. I believe in    contextual learning and people in Zoho are learning from    different teams at any given point of time, says Sridhar.  <\/p>\n<p>    He continues to believe that human capital is the greatest    advantage in this era than ever before.  <\/p>\n<p>    Indians perform all rituals; unfortunately god has left the    temple. Today, we have moved from being spiritual to being    ritual, Sridhar says, implying that today everyone follows a    leader or pursues a task, but neither the leader nor employees    think about a holistic approach to learning and building    systems.  <\/p>\n<p>    Narayana Murthy, Chairman Emeritus of Infosys, at the founders    farewell dinner in 2015 urged his organisation to follow    compassionate capitalism. He had said, It was our belief    that it is only through excellence in people that we could    achieve such growth.  <\/p>\n<p>    With machine learning and AI skills requiring a deeper understanding of the industry, a manager    has to retrain himself and ensure that the death of old legacy    of businesses like maintenance of code and quality testing jobs    do not affect new hires or people five years into the job.  <\/p>\n<p>    Manoj Thelakkat, Founder of Reflex Training Partners, says,    Training modules have to change from time-based and    certification programmes to contextual learning. He says his    organisation is teaching senior managers through theatre and    music to understand collaborating in the world of AI, preparing    organisations to reskill staff rather than sack them by looking    at an Excel sheet.  <\/p>\n<p>    Corporates are reskilling and realising that AI does not mean    losing jobs, but a realignment of jobs.  <\/p>\n<p>    In a recent survey by PWC titled Bot.Me: A revolutionary partnership    more than 50 percent of respondents believed AI could help    better healthcare, financial management, security and    education. Less than 40 percent believed that it could create    income and gender equality. In the next five years, jobs such    as tutors, travel agents, tax preparers, office and home    assistants, health coaches, chauffeurs and general physicians    will get replaced.  <\/p>\n<p>    The survey was limited to developing markets where growth has    stagnated and the population is aging. This falls right into    the table for India as these AI programs will be built by    engineers.  <\/p>\n<p>    Vijay Ratnaparkhe, Managing Director of Robert Bosch    Engineering and Business Solutions Limited (RBEI), believes    that one must not forget that today India is building software    for the world and we are the brains powering future solutions.  <\/p>\n<p>    Robert Bosch and its 15,000-plus engineers are building    software for cars, which are learning about living objects by    using mono-chrome cameras, ultrasound, radar and LIDAR    technology. These are the kind of roles that engineers must    prepare for in the coming days.  <\/p>\n<p>    As new technologies emerge, Infosys is investing in upskilling    and has designed programs to help mid-management levels keep    pace with change.  <\/p>\n<p>    Richard Lobo, Executive VP and HR Head at Infosys, says:    Automation and related technology are the way forward and must    be embraced by employees, irrespective of their role or job    level.  <\/p>\n<p>    He adds that new avenues have evolved rapidly, which need the    company to reskill people on newer technologies and hire from outside to    meet gaps in the skill mix. These include areas like user    experience, cloud-native development, AI and industrial IoT,    Big Data, Analytics and Automation.  <\/p>\n<p>    In this environment, it is important that employees showcase    high learnability and the ability to re-skill themselves    rapidly, Richard says.  <\/p>\n<p>    Infosys has created game-based learning methodologies where the    program focuses on taking disagreements and turning them into    positive solutions. This program enables managers to    consciously embrace differences of opinion and create an    environment that cuts through the competitive nature of    conflicts, promoting collaboration among teams and partners.  <\/p>\n<p>    The company has invested in agile and feels that it is the only    process they have devoted purely to the middle layer. Ever    since Vishal Sikka took over as CEO he is preparing employees    onDesign Thinking, where Infosys understands the entire    technology requirement from the business perspective. The company has    trained 1,42,218 employees so far and wants everyone in the    company to go through that change.  <\/p>\n<p>    Infosys also works with Stanford to train senior leaders. The    Stanford Global Leadership Program had 36 graduates in the    first quarter of this financial year. Seventy senior people    have completed the program so far and another 40-plus are in    the current batch.  <\/p>\n<p>    This is one-of-a-kind program to build our next generation    leaders, Richard says.  <\/p>\n<p>    Last quarter, Infosys finished training 3,000 people on AI    technology, 2,100 of them on the Nia platform. It has currently    created a bank of 3,500 videos available and has also partnered    with Udacity and Coursera for different skills.  <\/p>\n<p>    There is a reason for this rush to train employees in new    skills. Clients are now asking IT services to be more in line    with client success in winning business.  <\/p>\n<p>    Daimler AG, for example, is working with Bosch to launch a    fleet of autonomous cars in a five-year time frame. For this    form of business, a new framework of data analytics services,    network and infrastructure needs to be created. It is here that    IT Services want to take a bet. They will use the current set    of resources to build these new IT requirements. The days of    doling out CVs could reduce and the engineering community has    begun living in fear. But it is an era of constant learning.  <\/p>\n<p>    Rajesh Kumar R, Delivery Head, Retail, CPG and Manufacturing at    Mindtree, the $900-million IT services company, says: With the    advent of any new technology there will be some impact to    certain jobs. However, the concern or fear is due to this    short-term impact. Focusing on reskilling and technology    education can help employees stay relevant.  <\/p>\n<p>    He adds that irrespective of automation, collaboration is    imperative to be successful in the current environment. For    example, a startup ecosystem produces amazing innovation that    corporates and governments can adopt. Similarly businesses of    various sizes will address different segments of the industry    and all these will need to work together to address demands.    The future of the industry is moving towards a highly    collaborative environment.  <\/p>\n<p>    Automation is impacting mid-level managers because automation    is now touching the so-called knowledge worker-related areas,    once thought not automatable, Rajesh says. He adds that far    more cognitive tasks will be automated in the coming years and    automation will happen more rapidly as we progress.  <\/p>\n<p>    At Mindtree, learning is driven by Yorbit, the companys online    enterprise learning platform that has yielded great results in    just a year of its launch. Multiple knowledge sources are    brought into this platform to enable directed self-learning    complemented with project-driven assisted learning to put    knowledge into practice.  <\/p>\n<p>    Automation is likely to impact cognitive routine tasks and    will shift the focus of human intervention to cognitive    non-routine areas. For example, with ATMs, banks are less    worried about the mechanics of collecting and distributing    cash, instead the workforce is focused on investment advices    and customer relations. If we take the automobile industry, the    human focus is more on innovation, design and less on core    manufacturing where quality manufacturing is taken for granted    with heavy robots driven automation.  <\/p>\n<p>    Digital is prompting organisations across industries to    reinvent and reimagine their employee enablement and engagement    strategies for better business success. The correlation between    employee engagement and business performance is becoming    increasingly relevant.  <\/p>\n<p>    According to Gartner Research, by 2018 50 percent of team    collaboration and communication will occur through mobile group    collaboration apps. Organisations will have unified    observational, social and people analytics to discover, design    and share better work practices. While the workplace is    transforming at a rapid pace, it requires your workforce to    reimagine their future by adopting newer technologies. The role    of leadership now also includes making the change easier for    employees.  <\/p>\n<p>    David Raj, EVP and HR Head at CSS Corp, an IT Services company,    says: In this context, the mid-level management, the future    leader\/CXOs, in organisations also need to evolve and reinvent    as traditional roles and structures come under increasing    strain.  <\/p>\n<p>    Indias IT workforce comprises roughly 1.4 million mid-level    managers, and they are finding themselves at the centre of    reskilling and restructuring conversations across    organisations.  <\/p>\n<p>    NASSCOM believes the IT industrys current reskilling focus is    on emerging technologies like Big Data, Analytics, Cloud, IoT,    Mobility, and Design Thinking, while also investing in emerging    skills like Machine Learning, Natural Language Processing,    Artificial Intelligence, DevOps, Robotic Process Automation,    and Cybersecurity.  <\/p>\n<p>    However, as Mohandas Pai, Chairman of Manipal Global Education    and former member of the board of directors of Infosys, says:    If growth beats job losses, employment will continue to grow.    But we need to be prepared for automation.  <\/p>\n<p>    There needs to be a constant evolution of skills by embracing    concepts like job rotation and fluid teams.  <\/p>\n<p>    David believes that adopting a mix of traditional and new-age    learning methodologies, digital skilling platforms, along with    a thrust on building full-stack professionals and    institutionalising continuous learning, will play a pivotal    role in creating the right differentiation and staying ahead of    the pack.  <\/p>\n<p>    Technology is changing fast and it is imperative for mid-level    managers to seek out continuous learning opportunities.  <\/p>\n<p>    Anand Venkateswaran, Vice President, Finance and Member, Board    of Directors, Target India, says: We expose our managers to    the latest technology trends, and provide opportunities where    they can leverage these learnings to support personal    development and drive business outcomes.  <\/p>\n<p>    He adds that senior managers are given the opportunity to    mentor and interact with startups to be in touch with the    latest and most relevant industry developments.  <\/p>\n<p>    Some of the technologies that managers have to reskill for are    Machine Learning, Natural Language    Processing (NLP), Python, Java, open source technologies and    Computer Generated Imagery (CGI).  <\/p>\n<p>    However, all this boils down to three things: leadership, an    employees ability to learn and the corporates ability to    train people quickly.  <\/p>\n<p>    Employees should keep in mind that if they are working for a    CEO or a corporate that does not believe in reskilling them,    they must quit before they are sacked, Sridhar says.  <\/p>\n<\/p>\n<p>    According to Accenture, companies will have to adapt their    training, performance and talent acquisition strategies to    account for a newfound emphasis on work that hinges on human    judgment and skills, including experimentation and    collaboration. Their survey on the impact of AI    on management revealed the following:  <\/p>\n<p>    AI will put an end to administrative management    work. Managers spend most of their time on tasks at    which they know AI will excel in the future. Specifically,    surveyed managers expect that AIs greatest impact will be on    administrative coordination and control tasks, such as    scheduling, resource allocation and reporting.  <\/p>\n<p>    There is both readiness and resistance in the    ranks. Unlike their counterparts in the C-suite,    lower-level managers are much more skeptical about AIs promise    and express greater concern over issues related to privacy.    Younger managers are more receptive than older ones. And    managers in emerging economies seem ready to leapfrog the    competition by embracing AI.  <\/p>\n<p>    The next-generation manager will thrive on judgment    work. AI-driven upheaval will place a higher premium    on what we call judgment work the application of human    experience and expertise to critical business decisions and    practices when information available is insufficient to suggest    a successful course of action. This kind of work will require    new skills and mindsets.  <\/p>\n<p>    A people-first strategy is essential.    Replacing people with machines is not a goal in itself. While    artificial intelligence enables cost-cutting automation of    routine work, it also empowers value-adding augmentation of    human capabilities. The findings suggest that augmentation    putting people first and using AI to amplify what they can    achieve  holds the biggest potential for value creation in    management settings.  <\/p>\n<p>    Executives must start experimenting with AI.    Its high time executives and organisations start experimenting    with AI and learning from these experiences. If the labour    markets shortage of analytical talent is any guide, executives    can ill afford to wait and see if they  and their managers     are equipped to work with AI and capable of acquiring the    essential skills and work approaches.  <\/p>\n<p>    With smart automation, quick robots and intelligent software    bots becoming an integral part of the workforce, its critical    that organisations and employees collaborate to forge the path    ahead. Its the only way to deal with the charge of the light    brigade.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Link: <\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/yourstory.com\/2017\/08\/machines-ai-reskilling-skill-development\/\" title=\"In a world where machines and AI rule, re-skilling is the only way out - YourStory.com\">In a world where machines and AI rule, re-skilling is the only way out - YourStory.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Gartner says more than 3 million workers across the world will have a robo boss by 2018. High time businesses reorient skill development programs to help mid-level managers stay relevant. In July, the Vodafone-Idea merger was approved by the Competition Commission of India (CCI).  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/artificial-intelligence\/in-a-world-where-machines-and-ai-rule-re-skilling-is-the-only-way-out-yourstory-com.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-233074","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence"],"modified_by":"Danzig","_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/233074"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=233074"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/233074\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=233074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=233074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=233074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}