By Wayne Harvey, senior partner for Wales
In advance of the CBI Wales annual dinner in December 2019, Wayne Harvey, describes how Welsh employers can rise to the challenge of future proofing their workforce and the workplace.
As we look into 2020, the world of work continues to face change driven by technology, demographics and the changing expectations of talent.
With people our greatest asset, our challenge as leaders in Welsh business is two-fold: to create career opportunities and a workplace of the future, both a springboard for improving diversity and social mobility.
Businesses are taking action, to not only harness new technologies but effectively lead and engage a new workforce. The use of AI and robotics to automate work may be on the rise, but one thing remains constant: human skills such as problem-solving, communication and interpretation are still very much valued.
Barriers between industries are becoming blurred and transferable skills, re-skilling or up-skilling are gaining greater importance. Many businesses are looking beyond traditional recruitment towards a much wider talent pool, which sometimes involves working with colleges and other educational bodies. Others are broadening their approach to accessing talent from a whole host of backgrounds, looking to creating a diverse and thriving workforce as well as raising aspirations and improving employability skills.
At Deloitte we’re doing all these things. We often say, it’s not important where you’re from, it’s where you’re going that counts. That’s why we’ve put into practice a number of initiatives to attract people from diverse backgrounds, bringing a wealth of different thinking, skills and experience into our business.
And we’re also looking ahead. According to the World Economic Forum, 54% of employees will need to be reskilled or upskilled by 2022 and those without digital skills are most at risk, especially post displacement.
We’re shifting our focus at Deloitte towards preparing people for the workplace of the future through digital skills training. We’re working on co-creating initiatives centred on digital skills, from training school leavers and running degree apprenticeships, to upskilling work returners and those displaced from more traditional industries.
As leading businesses in Wales, we all need to make sure we’re ready for the workplace of the future. There’s a world of opportunity for us all and for Wales if we act decisively to build skills as a means to improving productivity and triggering economic growth.
Deloitte is proud to sponsor the CBI Wales Annual Dinner 2019.