What if we reinvented the workplace?
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Transcript of What if we reinvented the workplace?
My 12 hour day as a graduate analyst in 1985 involved the help of 6 librarians, a microfiche, a calculator and a production team
35% of UK jobs are at high risk of automation in the next ten to twenty years
Source: Frey and Osborne, University of Oxford, Deloitte
Automation presents serious challenges and opportunities
• Office and administrative support, sales and services, transportation, construction and extraction, production and manufacturing are at highest risk
• UK jobs paying less than £30k are five times more likely to be automated than those paying £100k
• 63% of London jobs paying less than £30k are at high risk
Source: University of Oxford, Deloitte
Jobs lost from the UK and London, 2001-2013
64% 65% 58% 56%
48% 44% 43%
38% 33% 32%
48%
40%
30%
44% 46% 47%
8% 7%
37%
23%
(70%)
(60%)
(50%)
(40%)
(30%)
(20%)
(10%)
0%
Libraryassistantsand clerks
Sales-relatedoccupations
Filing, recordassistants and
clerks
Travelagents
Counterclerks
PAs and othersecretaries
Collectors,sales persons,credit agents
Pensions andInsurance
clerks
Creditcontrollers
Accountswages clerks,bookkeepers
Pe
rce
nta
ge
of
job
lo
ss
es
London Rest of the UK
Source: ONS, Deloitte
Automation will be the leading cause of job losses in London
41%
32%
27%
Automation Nearshoring Offshoring
Source: Deloitte survey of 100 London businesses, 2014
73% of London businesses plan to increase overall headcount in the next five years
73%
5%
22%
plan to increase London headcount
plan to reduce London headcount
No plans for change
Source: Deloitte survey of 100 London businesses, 2014
Skill requirements are changing fast …
Cultural know-howand/or foreign languages
Persuasiveness
Social perceptiveness
Processing, support and clerical (e.g. data entry, …
Professional qualifications
Negotiation
Problem solving
Entrepreneurship
Creativity
Management capability
Digital know-how
The skills increasingly required, London businesses (weighted score)
Source: Deloitte survey of 100 London businesses, 2014
Anticipated impact of technology
64%
35%
1%
Very significant or significant impact
Limited or very limited impact
No impact
Source: Deloitte survey of 100 London businesses, 2014