These would affect all aspects of HR functions such as the way HR professionals on-board and hire people, and the way they train them
Grow Your Business, Not Your Inbox
Stay informed and join our daily newsletter now!
4 min read
Opinions expressed by Entrepreneur contributors are their own.
You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.
Artificial intelligence (AI) is changing all aspects of our lives and that too at a rapid pace. This includes our professional lives, too. Experts expect that in the days ahead, AI would become a greater part of our careers as all companies are moving ahead with adopting such technology. They are using more machines that use AI technology that would affect our daily professional activities. Soon enough, we would see machine learning and deep learning in HR too. It would affect all aspects of HR (human resources) such
What is the impact of technology on labor and today’s workforce? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world.
Answer by Maëlle Gavet, Technology Executive, Entrepreneur, and Author, in her Session:
Tech companies have generally fixated on increasing productivity and profits by automating work, and thus eliminating jobs. The gig economy is merely positive branding for the same impulse – to reduce the complexity and costs of managing real, live human employees. Fundamentally, in most cases (there are exceptions), it’s a way for companies to keep a lion’s share of the profits.
While the digital revolution has undeniably created new jobs, the jury is still out there when it
California is a beacon for global innovation, home of Silicon Valley and a center for space tech. Its economy outpaces many nations, beating both the Russian Federation and Italy for gross domestic product. Big name enterprise players, the U.S. military, and government all vie for top talent; and there isn’t enough to go around.
“There’s over 37,000 vacancies that we know of in California just alone in cybersecurity,” said Stewart Knox (pictured), undersecretary at the California Labor and Workforce Development Agency.
And demand is forecast to grow. As aerospace innovators break business free of the confines of gravity, the need to secure satellites and space-based operations is going to boom.
Knox spoke with John Furrier, host of theCUBE, SiliconANGLE Media’s livestreaming studio, during the Space & Cybersecurity Symposium. They discussed how California is addressing the skills gap in cybersecurity. (* Disclosure below.)
Carl D. Walsh/Portland Press Herald | Getty Images
The coronavirus pandemic has radically altered the way we work, and companies of all sizes are experimenting with new ways to manage their far-flung virtual organizations. According to experts, remote work is here to stay and even when the health crisis ends, a good portion of the workforce will remain working from home. The challenge is how to keep employees connected, drive innovation and collaboration, and keep a steady talent pipeline when people are geographically dispersed.
Companies are prototyping new HR models to keep up with this rapid pace of change. Some are embracing artificial intelligence and automation to keep operations on an even keel, gather data-driven insights about their employees, improve the talent search and manage global risk.
It’s a daunting task and it’s happening at a time when business leaders are already wrestling with economic shutdowns, health-care concerns, an upcoming
Manufacturing Day is not the kind of annual “day” that lends itself to a greeting card. But the first Friday in October is an important opportunity to celebrate the significant role of modern manufacturing in the health and future of our nation. Honda is proud to participate in this important day of recognition.
The reality is that for Honda, and thousands of other companies across America, a crisis is nearing in terms of our ability to acquire the talent required for the manufacturing workforce of the 21st century. Some studies estimate that nearly 2.8 million manufacturing jobs will be unfilled by 2028. This is due to rapid changes in product technology and the processes used to build them, but also the need to better engage and prepare the next generation of workers for a career in manufacturing.
After building automobiles in America for nearly 40 years, veteran team members
The transition to remote work may be behind us, but there’s a lot of uncertainty about what work will look like in the future.
How long will employees work remotely? What will new offices look like? How will workers stay connected in a hybrid world?
Shankar Iyer, senior vice president and general manager for end-user computing at VMware, said that many employees don’t plan on returning.
“The remote work revolution is already producing many, many positive benefits,” said Iyer at VMworld 2020. “While we can talk about cost savings and the ability of employees to live wherever they want, here’s another interesting effect: Three-quarters of employees say that since the wave of remote work began, employees outside of corporate headquarters feel far more empowered to make decisions.”
While there are other benefits, such as more flexibility for employees and a larger recruiting pool for businesses, many organizations weren’t set up
Storied materials-science company Dow Inc. (DOW) – Get Report said that it would restructure, cutting “workforce costs” 6% and taking $500 million to $600 million of third-quarter charges for the effort.
It didn’t specify the amount of any layoffs.
The restructuring stems from the coronavirus pandemic, which has curbed demand for Dow products, the company said.
Besides the 6% cost cut, the revamp includes “[rationalizing] certain manufacturing assets,” the Midland, Mich., company said in a statement.
“These actions are expected to result in total annualized [earnings before interest, taxes, depreciation and amortization] savings of more than $300 million by the end of 2021.”
The industrial intermediates-and-infrastructure segment will shut certain amines and solvents facilities in the U.S. and Europe, as well as select small-scale downstream polyurethanes manufacturing facilities.
The performance-materials-and-coatings unit will shutter manufacturing assets, primarily small-scale coatings reactors.
“Given the expected gradual and uneven global economic recovery
VMware Secure Access Service Edge Platform Adds New Capabilities to Empower Organizations to Intelligently Manage and Better Secure Access to Applications and Information
This week at VMworld 2020, VMware, Inc. (NYSE: VMW) is announcing VMware Future Ready Workforce solutions to provide exceptional workforce experiences, end-to-end Zero Trust security controls, and simplified management. The Future Ready Workforce solutions combine VMware Secure Access Service Edge (SASE), Digital Workspace and Endpoint Security capabilities to help IT manage and optimize more secure access to any app, on any cloud, from any device while providing a simple, high performant, and a safer user experience for the distributed workforce.
“Organizations are navigating one of the most significant disruptions of our generation. These challenges will accelerate a shift to cloud-centric strategies, like SASE, that address the requirements of enabling people to work from anywhere,” said Rajiv Ramaswami, chief operating officer, products and cloud services, VMware. “The VMware
HOUSTON, Sept. 29, 2020 /PRNewswire/ — Ninety percent of oil and gas executives agree that investment in technology and workforce are essential to surviving current market conditions, according to a new EY survey: Oil and Gas Digital Transformation and the Workforce Survey 2020. In fact, 58% said the COVID-19 pandemic has made investing in digital technology more urgent, with a majority planning to invest a great deal (29%) or moderate amount (51%) relative to their total budget.
“The COVID-19 pandemic has accelerated the timeline for some digital technology adoption from five years to three months,” said Andy Brogan, EY Global Oil & Gas Leader. “The cost savings digital can deliver is critical for survival in today’s low-price environment, as oil and gas companies look to gain greater operational efficiencies and drive productivity across the value chain. However, to capture the full value of these investments, oil and gas