Indian industry slow in adapting AI-tech: KellyOCG report
Technology

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

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement