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Being digital: Embracing the future of work

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Being digital: Embracing the future of work

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While the effects of digital disruption on business and operating models are familiar territory, the impact on the workforce could be the Achilles’ heel of organizations seeking to be digital. There is a window of opportunity to take advantage of digital disruption. Our research shows executives and employees are well aligned on the benefits of being digital.

Business leaders need to act on their strategies, adjust their workforce skill sets, and prioritize the workforce changes that will fast-forward their digital journey. Find out why it is time to capitalize on the positivity of the workforce.

While the effects of digital disruption on business and operating models are familiar territory, the impact on the workforce could be the Achilles’ heel of organizations seeking to be digital. There is a window of opportunity to take advantage of digital disruption. Our research shows executives and employees are well aligned on the benefits of being digital.

Business leaders need to act on their strategies, adjust their workforce skill sets, and prioritize the workforce changes that will fast-forward their digital journey. Find out why it is time to capitalize on the positivity of the workforce.

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Being digital: Embracing the future of work

  1. 1. Being digital Embrace the future of work and your people will embrace it with you
  2. 2. A window of opportunity to take advantage of digital disruption Workforce of the future Copyright © 2015 Accenture All rights reserved. 2 While the effects of digital disruption on business and operating models are familiar territory, the impact on the workforce could be the Achilles’ heel of organizations seeking to be digital. Our research shows executives and employees are well aligned on the benefits of being digital. of business leaders expect their organizations to be a digital business in the next three years.* 78% of business leaders say a lack of digital skills and capabilities is a key barrier to transformation.* 44% *Source: Accenture Strategy Executive Research 2015
  3. 3. Time to capitalize on the positivity of the employees Preparing the digital workforce Copyright © 2015 Accenture All rights reserved. 3 Business leaders need to act on their strategies, adjust their workforce skill sets and prioritize the workforce changes that will fast-forward their digital journey. • Right mind-set, wrong focus? • Right strategy, wrong skills? • Right priorities, wrong journey? *Source: Accenture Strategy Executive Research 2015
  4. 4. Recognizing the benefits of digital is not the same as being digital Right mind-set, wrong focus? Copyright © 2015 Accenture All rights reserved. 4 How to: Experiment, integrate new digital technologies into processes to simplify, automate and augment brain and brawn. While the effects of digital disruption on business and operating models are familiar territory, the impact on the workforce could be the Achilles’ heel of organizations seeking to be digital. Our research shows executives and employees are well aligned on the benefits of being digital. Business leaders expect to see improvements across a wide range of factors from adopting digital technologies, driven by: • A variety of technologies and tools (e.g. 3D interfaces and virtual reality) • Cognitive assistants and artificial intelligence (e.g. robots) • The Internet of Things *Source: Accenture Strategy Executive Research 2015 * * *
  5. 5. 5 Right strategy, wrong skills? It is not a matter of when organizations will be digital, but how Copyright © 2015 Accenture All rights reserved. Being digital changes roles and skills: • Automation means workers take on higher value roles (needs data analysis/problem-solving skills) • Foundational skills will be in high demand (needs communication/business acumen skills) • Jobs are being created with specialized skill sets (new roles needed such as digital copywriters, scrum masters in IT or digital product managers) How to: Embrace the broader ecosystem, partner with educational institutions and explore new talent pools. of business leaders say they already have a strategy for the management and development of skills and talent in a digital world.* 49% *Source: Accenture Strategy Executive Research 2015
  6. 6. 6 Right priorities, wrong journey? Moving to a digital ecosystem affects the workforce in a variety of ways Copyright © 2015 Accenture All rights reserved. Nearly all business leaders recognize the importance of taking action now to transition their workforce to succeed in the digital economy, yet: • Lack of leadership and vision is cited as one of the main challenges to being digital • Less than one-third feel ready to make the changes in leadership and management practices to adapt to digital Business leaders say they are well prepared to transition to a digital business with respect to:* How to: Business leaders need to breed a culture of feedback and innovation, pushing out decision-making to the edges of the organization. *Source: Accenture Strategy Executive Research 2015
  7. 7. Our research shows employees are far from being a barrier to digital progress Capitalizing on employee positivity Copyright © 2015 Accenture All rights reserved. 7 European employees are not only aware that digital will improve their work experiences and job prospects, but are proactively seeking out the skills they need to suit the demands of a digital business. • Employees believe digital brings improvements • Employees are actively seeking digital skills • Employees are aware of the speed of change of employees say their organization has the workforce skills and capabilities to adapt to digital.* 57% of employees say they are proactively learning new digital and technical skills.* 64% of employees say digital will improve their job prospects.* 50% *Source: Accenture Strategy European Worker Research 2015
  8. 8. 8 Where next? Practical ways to achieve the workforce of the future Copyright © 2015 Accenture All rights reserved. Keep the following factors in mind: • Align your workforce and HR strategy with the business • Start experimenting with more flexible and agile ways of working using proven digital technologies and tools • Define the digital skills gap within the workforce • Develop required digital competencies within the workforce • Foster leadership behaviors that fuel a digital culture
  9. 9. 9Copyright © 2015 Accenture All rights reserved. About the research Accenture Strategy interviewed 700 business leaders in the United States, China, Japan and the European Union to understand how they can take advantage of digital technologies to accelerate growth and competitiveness. We also sought the views of more than 2,500 European employees in five countries on the impact of digital technologies on the future of work. Stay Connected Follow Us–Twitter www.twitter.com/AccentureStrat Connect With Us–LinkedIn www.linkedin.com/company/accenture-strategy Read other reports in the “Being digital” series: • Fast-forward to the right digital strategy • Seven essential “no-regret” capabilities
  10. 10. 10Copyright © 2015 Accenture All rights reserved. Learn more at www.accenture.com/digitaltransformation About Accenture Accenture is a global management consulting, technology services and outsourcing company, with approximately 323,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$30.0 billion for the fiscal year ended August 31, 2014. Its home page is www.accenture.com. About Accenture Strategy Accenture Strategy operates at the intersection of business and technology. We bring together our capabilities in business, technology, operations and function strategy to help our clients envision and execute industry-specific strategies that support enterprise wide transformation. Our focus on issues related to digital disruption, competitiveness, global operating models, talent and leadership help drive both efficiencies and growth. For more information, follow @AccentureStrat or visit www.accenture.com/strategy

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