Workplace Culture Top Barrier to Digital Transformation
Date: 26-Feb-2019
So the question of the hour is; are these companies equipped to solve the artificial intelligence (AI) and digital conundrum? Well, perhaps not.
Less than half the human resources (HR) executives stated in a recently held survey that their companies actually had a digital work plan in place at the HR level. Again, what is to be noted is that more than two-thirds agreed that HR had undergone or was undergoing a digital transformation.
The Indian segment of a popular International’s latest global ‘Future of HR’ survey, held on the based 2018 statistics indicated that HR leaders in India show better acknowledgment and recognition for change in HR compared to their global counterparts in various glorified countries. This survey had responses from approx 90 HR executives.
High towering Intent | Deliberately Slow Change |
47% of HR leaders said talent management will be the primary HR initiative for them over the next few years | 60% of companies consider workplace culture the top barrier to digital transformation |
60% are very confident about the HR’s Ability to transform change and move them forward with capabilities such as analytics and AI | 37% said that the work culture in their organization was more task-oriented than experimental or ground-breaking innovative |
91% of HR consider the need for workforce digital transformation important and pursuing | 59% of HR executives have invested in human capital management in the last 2 to 3 years |
91% said that those who had invested in AI considered the investment worthwhile | Only 50% of HR functions have seen the introduction of Artificial Intelligence |
38% have successfully invested in cloud capabilities | Just 26% invested in AI in the last two year |
91% said that those who had invested in AI, considered the investment worthwhile | 36% who have not yet adopted AI in HR said that they were not at all prepared to respond strategically as AI and digital learning still didn’t emerge for them. |
Business scenario is changing hastily. Most business and HR leaders who participated in the survey have recognized and accepted a serious need for both a workforce and digital transformation. These are therefore keen on bringing in this change as soon as possible by making increased investment in newer disrupting technologies like AI and improved process automation, in the coming future.
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