Indian industry slow in adapting AI-tech: KellyOCG report

Organisations in India have been keen to adopt new leading-edge workforce technologies even though the Covid-19 pandemic wreaked havoc on how, when and where we work, but they have been unsuccessful in executing them quickly, as per a survey. According to the KellyOCG's 2021 Workforce Agility Report, 55% of the workforce in India lacks the skills to be able to adopt new technologies at a faster pace. Around 50% of the executives in India told the media that their organisation is too slow to adopt technologies such as Artificial Intelligence and automation. However, 49% of the executives said that their organisation is making efforts to adopt new talent management technologies. The survey showed that the employees are struggling to adjust to working remotely, while the business leaders in India said they would continue to offer hybrid work models and remote work opportunities to adapt to the changing needs of employees who are balancing priorities at work and at home. Around 66% of the executives in India told the media that their organisation would adopt a hybrid model. However, 57% of them also mentioned that remote work is primarily a disadvantage for their organisation. The survey covered over 1,000 senior executives across 13 countries. Around 59% of the executives said their businesses would adopt a hybrid working model post-pandemic, yet one in four believe their leaders lack the skills to manage the workforce they want to build. Only a few organisations are utilising the leading-edge technologies to respond to critical issues around workforce planning and management, including monitoring productivity and efficiency, which is 44%, managing a remote workforce, which is 38%, and predicting skills requirements, which is 32%. A significant number of executives, which is 55%, reported that the pandemic has disproportionately impacted talent from underrepresented groups -- but fewer than half, which is 43% said that they are implementing an entirely developed diversity, equity, and inclusion strategy for their full-time staff, and only 19% have one for contingent labour. Image Source Also read: Construction Technology: The need of the hour! Also read: Sky is the Limit with SAP