Expected Repercussions of Not Getting Workforce Skills Needed in Future Brought About by Automation

Proof Point

Three in ten global business leaders in McKinsey Global Institute survey believe their financial performance will suffer if they are not able to get workforce skills needed for future automation era

Expected Repercussions of Not Getting Workforce Skills Needed in Future Brought About by Automation

March 2018 (percentage)

Note: Data from McKinsey Global Institute’s workforce skills executive survey of 3,031 business leaders in Canada, France, Germany, Italy, Spain, United Kingdom and United States last March 2018

Proof Point Findings

  • Financial Risk – 30% of respondents surveyed by McKinsey Global Institute believe their organization’s financial performance will suffer if they become unable to acquire needed workforce skills for automation in future
  • Other Repercussions – Around one-fourth of business leaders in survey also expect top-performing employees to leave (25%) and not being able to achieve growth aspirations
  • Key Growth Drivers – Include increasingly shifting work requirements, heightening demand for up-to-date and highly-specialized skills, and rapidly-accelerating artificial intelligence and automation technologies

Accelerator
Artificial Intelligence, Robotics

Market Disruption
Up-to-Date, Specialized Skills

Business Model and Practices

Business Model
and Practices
Smart, Creative People

Sector
Cross-sector

Source

Date Last Updated
February 6, 2019

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