Summary: Our workforce needs to be future fit to successfully embrace digital transformation and industry 4.0 technologies
Original author and publication date: ETCIO – August 6, 2020
Futurizonte Editor’s Note: According to the article, the pandemic is teaching us “important lessons” about humility, respect, and dignity. True, but, are we learning those lessons?
From the article:
In the last few months, while countries are desperate to flatten the curve, Coronavirus has been changing its epicentre and affecting millions directly, and billions indirectly, by clutching both at health and economy at the same time. It is hard to ignoreboth the disruptive nature of the ongoing pandemicand the simultaneous transformations being affected by emerging technologies. We are also receiving some important lessons in humanity – of mutual trust, of care for all including mother earth,of respect for dignity of labour and to find the delicate balance between life & livelihood.
It is time we create an inclusive and humane future by taking informed and conscious decisions.And, there is a special challenge in the Indian circumstance – keeping in mind our diversity and contrasts. However, the new era beholds immense opportunities for India because of its oft enumerated strengths.
To create wealth for its people, India needs to fire all its growth engines. For that to happen, we need to be competitive – as a market, as well as a global supplier. Emerging digital technologies will help to optimise operations more efficiently –using less resources, minimising waste and environment footprint.
India with its digitally informed and skilled workforce stands to gain a lot. A chance to lead the innovation-driven economy.However, all this comes with two key concerns – the loss of some existing jobs as well as the need for upskilling and reskilling for the new jobs. Therefore, there are two important imperatives:
Making Indian manufacturing ready for the future Generating Jobs for the 10m+ workforce each year.
Creating learning organizations: While we are concerned with the consequences of Digitalization and Industry 4.0, this is not new. Consider this – Volvo Trucks from being mostly mechanical units, less than two decades back,now include software codes that – if written on A4 sheets – would pile up to the height of Eiffel Tower. The shift to electro-mobility demanded that our engineers learn new competencies in the areas of motors and batteries. New safety technologies such as ADAS, Emergency Braking& Platooning require strengths in the domains of Connectivity, AI, Machine Learning and a host of emerging tech solutions. This requires the need to establish a method for continuous learning and upskilling.