From Big Data to AI, robotic co-workers to real-time analytics, the impact of technology on the HR function knows no bounds. In today’s business world, and especially when it comes to digital advancements, it’s a case of evolve or die.
Speaking to HR Grapevine, David Hargrave, Director at Willis Towers Watson, tells us how essential it is that HR departments move with the times. "HR must embrace change and meet the expectations of its modern workforce," he explains. Failing to do so, especially among a younger cohort of workers who are acquainted with technology, has a negative impact on engagement and the company’s employee value proposition.
The Future of the Workforce, a report commissioned by UBS Wealth Management, looks to paint a picture of the future of work, setting out the four main ways in which the workforce is "set to significantly change in the coming years". Speaking to City AM, Jürg Zeltner, President of Wealth Management at UBS, said: “The workplace is becoming far more complex. The relationship between employee and employer looks set to change significantly in the coming years, especially among workers who are currently only a short way into their careers. It is important that we prepare for these changes. Not only could they impact us, but also a number of our clients who run and own their businesses.”
The impact of technology on the HR function will be one of the main questions leaders will have to face over the upcoming years; it’s also one of our main points of discussion at our upcoming flagship event, HR Grapevine Live ‘HR takes centre stage’ in March, 2018.
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