Use technology to gain an advantage, and soft skills to stay relevant
Today’s business landscape, is far different from how it was 10 years ago. Even businesses 1-3 years ago, had very different challenges. Industries are turning to machines and automation to improve processes, increase quality and to become more efficient. The latter, has a massive impact of the day to day working within a business and the typical activities of an employee.
Technology is rapidly growing and wiping out businesses that don’t innovate. Several years ago, you would not have dreamt of using an App to book a lift with a stranger, would you? Uber is now accepted as normal, and is wiping out many taxi businesses. Every industry has evolved through tech, some noticeable ones are:
– Video and media rental – Hired a DVD recently? Thought not! With the evolution of web and video streaming, the likes of Netflix have wiped out business’s such as Blockbusters
– Music – Been to a local music shop for a CD? Again, the internet and advancements in connectivity have meant music downloads are now the standard.
– Retail – Are you seeing less and less staff in your supermarket? That’s because self-checkouts and automation in the background of the entire store is adopting technology more and more, leading the need for people to become less and less.
– Books – Read any good books recently? You get the idea, I just need to say ‘Amazon’.
What industries will be affected by technology?
There isn’t a definitive list, but it is safe to say that the majority and businesses and jobs will be massively affected by technology, automation and AI over the next 5-10 years.
What can you do to stay ahead of the competition?
You MUST embrace and leverage technology to your advantage. Companies and employees that resist tech, will fall behind and will struggle in tomorrow’s world of fast paced business.
How can I and my employee’s stay relevant?
As well as ensuring your business and employees adopt the latest technology, there are a handful of soft skills that will still be valuable over the coming years. Having these skills, whilst working with technology will give you edge. These soft skills are currently (for now) still better performed by humans over AI, and mean us humans can still be in demand.