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TRANSFORMING HR IN THE AGE OF AI AND ROBOTICS Jayesh Menon 8 th & 9 th Nov 2016 IBM Singapore Workforce Analytics Conference, Marriott Hotel, Singapore. https://sg.linkedin.com/in/jayeshmenon Wechat:jaysgp Twitter: @JayMenonP

Transforming HR in the age of AI and robotics 2016

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Page 1: Transforming HR in the age of AI and robotics 2016

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

Page 2: Transforming HR in the age of AI and robotics 2016

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

Page 3: Transforming HR in the age of AI and robotics 2016

The 1st Industrial Revolution

The 2nd Industrial Revolution

Page 4: Transforming HR in the age of AI and robotics 2016

The 3rd Industrial Revolution

The 4th Industrial Revolution

Page 5: Transforming HR in the age of AI and robotics 2016

What is AI

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

Page 6: Transforming HR in the age of AI and robotics 2016

Even the governments are getting worried about it!

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

Page 7: Transforming HR in the age of AI and robotics 2016

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

Page 8: Transforming HR in the age of AI and robotics 2016

IBM WATSON CAN PREDICT CANCER THAN HUMAN DOCTORS!

Page 9: Transforming HR in the age of AI and robotics 2016

The Digital Vortex

Page 10: Transforming HR in the age of AI and robotics 2016

Source: PwC

Page 11: Transforming HR in the age of AI and robotics 2016

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

Page 12: Transforming HR in the age of AI and robotics 2016

What can and should HR do?

Page 13: Transforming HR in the age of AI and robotics 2016

“The worlds most important data points are people”

Tim Cook, Apple

Page 14: Transforming HR in the age of AI and robotics 2016

Source: Cisco

Page 15: Transforming HR in the age of AI and robotics 2016

Organizational Behaviour Consumer Behaviour

Human Resources Marketing

Page 16: Transforming HR in the age of AI and robotics 2016

Innovating HR to transform…. continuously

Page 17: Transforming HR in the age of AI and robotics 2016

Known Unknown

Velocity Volume Variety

Defining the unknown using data

Inspired by HBR article

Page 18: Transforming HR in the age of AI and robotics 2016
Page 19: Transforming HR in the age of AI and robotics 2016

Relooking at your HR structure……

Global vs local

Page 20: Transforming HR in the age of AI and robotics 2016

Having the right HR competency model

Source: RBL

Page 21: Transforming HR in the age of AI and robotics 2016

Few other thoughts to thrive along with AI

Page 22: Transforming HR in the age of AI and robotics 2016

Leave Administration to AI

Source: ADP

Page 23: Transforming HR in the age of AI and robotics 2016

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) ,

Page 24: Transforming HR in the age of AI and robotics 2016

Develop your social skills and networking

Page 25: Transforming HR in the age of AI and robotics 2016

Focus on the core!• Employee relations or human

robotic relations?

• Training for the future

• Redefining performance and rewards

• Social responsibility

Page 26: Transforming HR in the age of AI and robotics 2016

"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

Page 27: Transforming HR in the age of AI and robotics 2016

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