Transforming HR in the age of AI and robotics 2016

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TRANSFORMING HR IN THE AGE OF AI AND

ROBOTICSJayesh Menon

8th & 9th Nov 2016IBM Singapore Workforce Analytics

Conference,Marriott Hotel, Singapore.

https://sg.linkedin.com/in/jayeshmenonWechat:jaysgpTwitter: @JayMenonP

Index

• The 4th Industrial revolution• What is AI • Why so much fuss about it• How this going to change the way we

work• How HR can be future ready

The 1st Industrial Revolution

The 2nd Industrial Revolution

The 3rd Industrial Revolution

The 4th Industrial Revolution

What is AI

https://blogs.nvidia.com/blog/2016/07/29/whats-difference-artificial-intelligence-machine-learning-deep-learning-ai/

Even the governments are getting worried about it!

83% of low wage jobs will be automated!!!

If you think it impacts only the low paid jobs , you are in for some big surprise!!!

IBM WATSON CAN PREDICT CANCER THAN HUMAN DOCTORS!

The Digital Vortex

Source: PwC

AI is changing even the needs of the workforce!!!

What can and should HR do?

“The worlds most important data points are people”

Tim Cook, Apple

Source: Cisco

Organizational Behaviour Consumer Behaviour

Human Resources Marketing

Innovating HR to transform…. continuously

Known Unknown

Velocity Volume Variety

Defining the unknown using data

Inspired by HBR article

Relooking at your HR structure……

Global vs local

Having the right HR competency model

Source: RBL

Few other thoughts to thrive along with AI

Leave Administration to AI

Source: ADP

Treat AI as your colleague

“ This is not a race against the machines . If we race against them we lose. This is a race with the machines. You will be paid in the future based on how well you work with robots”-Kevin Kelly (former editor of wired magazine) ,

Develop your social skills and networking

Focus on the core!• Employee relations or human

robotic relations?

• Training for the future

• Redefining performance and rewards

• Social responsibility

"If it's true that Robots/AI partnered with humans out performs AI or humans alone, then the future of Human Resources seems to be the thoughtful blending of man and machine, each optimising and leveraging each others strengths in a dance of synergy. If so, then the next evolution of 'HR' is perhaps 'HRi' - or Human Robot integration..."

Words of wisdom from a friend

https://sg.linkedin.com/in/jayeshmenonWechat:jaysgpTwitter: @JayMenonP

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