#MillenniumLive , Podcast , Retail
Contributed by SkyHive
Our partners at SkyHive are cognifying the world’s labor economy and fundamentally changing how we work, learn, and live. The company supports customers across all industries and geographies globally and is focused on strengthening the overall economic resilience of workforces and communities.
The need to continually refresh skills and stay relevant for the future of work is top of mind for everyone from Fortune 500 CEOs to store clerks. This isn’t simply because of rapid technological innovations and automation. The entire concept of work is evolving quickly. And the upheaval brought on by the COVID-19 pandemic further crystalized an urgent and complex global employment challenge: how to prepare people for the future of work in ways that serve individuals, businesses, and communities.
Solving this challenge requires an in-depth look into what it takes to upskill at scale both within and between industries, in order to maintain business resilience as well as people’s livelihoods. But with the right mix of human talent and technology, it might be possible to demonstrate an entirely new way of thinking about the true meaning—and impact—of upskilling a workforce. Many industries stand to benefit if this idea can be proven out, including Consumer Goods and Retail.
Across industries globally, 38% of worker time is potentially automatable. The rate increases to 40% for Retail workers and 54% for those in Consumer Goods. A World Economic Forum report estimates that by 2025, 85 million jobs may be displaced by machines, but 97 million new roles may emerge due to a new dynamic between people and technology. To address this reality and its opportunities, Walmart and Unilever—two of the world’s largest companies—initiated a collaborative, cross-industry pilot program to figure out better, smarter ways of preparing people for new career paths based on their interests and skills.
Recognized as a top AI innovation by Forbes, a Gartner Cool Vendor in HCM, and a World Economic Forum Technology Pioneer, SkyHive is cognifying the world’s labor economy and fundamentally changing how we work, learn, and live.
SkyHive has built the world’s only Quantum Labor Analysis platform to optimize human economies in real-time for companies, communities, and countries. Essential to global economic empowerment, SkyHive allows people to future-proof themselves and their workforce faster than ever before. By marrying economic theory with workforce modeling and human analytics, SkyHive illuminates the reskilling journey and builds a capable and future-proof workforce that closes the skills gap with speed and efficiency unleashing human potential for individuals, organizations, and governments.
SkyHive supports customers across all industries and geographies globally and is focused on strengthening the overall economic resilience of workforces and communities.
For more information, visit skyhive.ai.
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