Despite having been coined relatively recently, the concept of the fourth industrial revolution is accepted as a real and irreversible phenomenon set to profoundly change all aspects of business management.
The revolution heralds serious technological, demographic and socioeconomic disruptions affecting just about every aspect of a business, and in the case of human resources, there’s talk that these disruptions will both cause redundancies as well as create entirely new job roles. It is thought that an estimated 65% of children now enrolled in primary education will eventually work in professions that have not as yet been invented.
The World Economic Forum (WEF) recently published the Future of Jobs Report to better understand the impact of the fourth industrial revolution on the workplace, as well as emerging challenges related to attracting, training and retaining professional talent.
In this post, we take a closer look at some of the report’s findings as a sequel to our first article on the impact of the fourth industrial revolution, with a particular emphasis on how human resource departments are set to be affected.
This post is also available in Spanish.