While the other industries prepare themselves to reap the rich benefits that robotics brings, the robotics industry in itself is facing the challenge to find and hire the right talent. At present, the skill gap in the robotics industry is not merely hampering its own growth, but also of all the other industries which can be transformed by robotic deployment.
Circa 2009, the time when the global economy had not started showing any signs of recovery after the 'Great Economic Depression'. Even as most global businesses languished in distress, making capital expenditure a dream, there was a silver lining that did not capture anybody's attention. The world was gradually waking up to the power of automation across industries. An International Federation of Robotics study suggests that in such a bleak economic scenario, the global sales of robotics automation solutions had showed an upward trajectory in 2009, and, has since grown by a whopping 400%.
Robotics has redefined several industries such as manufacturing, ecommerce, logistics, retail, healthcare, and hospitality etc. to grow in scale, optimize costs, increase accuracy, and enhance the overall experience for the end user. For instance, only about 1,000 robot assisted surgeries were performed around the world in 2000. The number had dramatically gone up to about 5, 70,000 in 2014, and is well expected to have crossed the two million mark by 2015. High precision procedures during the surgery can be handled by robots (under human supervision) to increase the chances of success. The Henn-na Hotel in a Netherlands-themed amusement park in Nagasaki, Japan is definitely worth a visit since it is completely staffed by multilingual robots that can process language to understand the orders and requirements of its guests and take care of them.
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Continuous Learning For Growth
Of late, for organizations particularly in the service sector, people have become the strategy. And, if that is the case, the Learning and Development (L&D) department in organizations, and the industry in general, is likely to witness significant growth in 2017 and the years thereafter.
Creating Open Spaces And Minds
As the boundaries of life between work and home continue to blur, employers and employees are sitting up and are noticing the ways and means to offer and avail a worthwhile experience at the workplace.
Striking The Right Balance
In 2017, an employee in the HR Department of a leading global company received an excel sheet attachment in his official mail. While the content seemed harmless, it was in fact a well disguised Ransomware attack which had in fact placed several companies worldwide in the dock. Ransomware attacks targeting HR departments across the globe have since been in vogue since they possess valuable employee data which can be used to commit crimes such as tax frauds and the like.
The Multifaceted Advantages Of AI
AI can speed and automate data collection, make fundamental observations, systemize HR issues, and differentiate customer and employee profiles. But, corrective measures and final decisions can only be approved by people who can understand how to leverage AI tools to acquire accurate information sans the noise and interpret them the right way.
Engagement Surveys: A Means Or An End?
Surveys are not merely a way to check the pulse of the organisation; they should ideally be used as vehicles to improve the organisation culture, people practices and employee experiences which gradually translate into business success.
What Is And What Needs!
The idea of the best fit works only in a perfect universe. In reality, what talent specialists and hiring managers should focus on is getting the close fitment. They should work with an approach that bridges the gap between what is (available) and what needs to be (done).
A Matter Of Strategic Timing!
The term 'work-life balance' has become a popular chant for all working professionals today. A world of different opinions continue to pervade our lives, with one actually affirming that there truly is no direct relationship between the parallel worlds we live in.
Picture Out Of The Frame
A few months ago, Moon Jae-in, the President of South Korea, made an unusual announcement.
Analysis
It is paramount for a pharmaceutical company to meet the business requirement of regulatory compliance.
How Can They Fire Her?
It is a common phenomenon in the corporate landscape to misinterpret the inability to respond to a query by a Manager as a serious lapse which at times leads to termination of his/her services. As a fallout, not only do they risk losing out a person with superior managerial skills, they also dampen the spirit of the juniors in her department, leading to sinking morale and reduced engagement.
