The Impact of Automation on present Employees and young graduates


The anxiety of job loss is palpable for several employees from across the industries. Robots, Deep learning, Artificial intelligence has rapidly matured in taking care of most of the work performed by millions of Software engineers or white/blue collar workers.  Automotive and auto parts, electrical and electronic parts, business process outsourcing, textile, clothing and footwear  and retail are some of the industries that already are seeing loss of millions of jobs.

Most of the Banks, financial institutes, brokerage firms  will face closure due to rapid adoption of cryptocurrencies https://en.wikipedia.org/wiki/Cryptocurrency such as Bitcoin which will affect millions of graduates/MBA’s  wanting to work in financial sector.

There are driver less cars, deep machine learning techniques which can accurately predict diseases (Doctors are you reading this?) and provide medical advices are some examples of how deep the impact will be.

Modern machines, Robots, sensors, Software can now not only do manual routine tasks but also do work that requires cognitive intelligence.

As a result a highly trained radiologist or a specialized software engineer in a company is in danger of being replaced by a Computer software or a Robot that have the cognitive capabilities and can work consistently.

According to a World economic forum report “current trends could lead to a net employment impact of more than 5.1 million jobs lost to disruptive labour market changes over the period 2015–2020, with a total loss of 7.1 million jobs—two thirds of which are concentrated in the Office and Administrative job family” Source:  http://www3.weforum.org/docs/WEF_Future_of_Jobs.pdf

Due to rapid and wide spread automation, AI, Deep learning and Robots replacing humans,  there will be no requirement of software engineers who are just specialists in any core technologies such as JAVA, Web or RDBMS. Rapid maturity of the above mentioned technologies will have the following impact on employment, present jobs and future jobs.

  1. Around 56% of jobs in industries such as Logistics, Healthcare, banking, transportation etc. in areas HR, Services, deliveries, finance, IT,  middle management jobs (supervisors, managers, Software engineers, clerks, tax experts, bank clerks etc. ) are automated and employment in this areas will be dwindling rapidly.
  2. Other areas of job loss will be are hotels and restaurants (80.7 per cent), wholesale and retail trade (77.5 per cent), construction (70.8 per cent) and manufacturing (61.6 per cent). Source : http://www.ilo.org/global/lang–en/index.htm
  1. By year 2020 employees will be working with Robots and other intelligent machines as colleagues and they have to take orders from machines to fulfill the remaining work that is not already replaced by the machines.
  2. There will be a situation in many companies, where humans will not be able to get jobs and only robots handle entire company operations. One such live example is Dyson’s automated Singapore plant where 55 robots do all the work that is done by 100’s of engineers. https://www.fastcodesign.com/1671939/dysons-80-million-new-factory-dedicated-to-its-most-unsung-invention
  3. Infosys an Indian IT giant plans to embrace automation and artificial intelligence, besides other newer technologies. Post-automation of certain operations, Wipro is already in the process re skilling 4500 employees for new technologies.
  4. Few and few companies will visit Universities and colleges for recruiting students (NO MORE CAMPUS Recruitment)  and there is no choice for universities and colleges but to rapidly adopt to changing business needs and adopt to new skills and teach students the same. Otherwise they will be producing huge numbers of Un employed youth that will have a cascading effect on industry and the country’s growth prospects.

Suggestions for Universities, educational institutes, Schools and other skills imparting institutes.

  1. Employees, Students should have the mindset for New skills adaptation and they should always be willing to be learning constantly based on the business needs.
  2. Change the ratio of teaching staff to include Industry experts in the proportion of 60% academic and 40% Industry experts in universities, colleges and schools and make faculty accountable of what skills they impart to students and reward only those who make students acceptable by industry.
  3. Avoid recognizing Marks as the parameter of students success in academics and recognize and reward special skills , creativity shown by students. Allow industry experts to teach students ‘Creativity , innovation and change” and make it mandatory for students to prove they are learning this vital skills.
  4. Eliminate class rooms and replace with Practical labs. Embrace online MOOC classes https://en.wikipedia.org/wiki/Massive_open_online_course  and make students to pass the courses designed by industry and academic experts.
  5. Ask students to solve society’s or industry’s problems as part of school, college project submissions. Indian Government as part of engaging citizens has shared some challenges with rewards. Check details here https://www.mygov.in/  BTW i participate in some of the challenges.
  6. Change syllabus to include what industry will be needing in coming years. Be Proactive in knowing the skills needed in next 5 to 10 years rather than reactive in teaching present skills needed.  There is a huge requirement for software and hardware security experts by 2020. A report from Frost & Sullivan and (ISC)2 found that the global cybersecurity workforce will have more than 1.5 million unfilled positions by 2020. But the security industry is a fast-growing market.  More details on this report is here. http://blog.isc2.org/isc2_blog/2015/04/isc-study-workforce-shortfall-due-to-hiring-difficulties-despite-rising-salaries-increased-budgets-a.html
  7. For those who are working in Software industry or any other sector here is my advice.  Visualize yourselves working with robots, machines only and into next 10 years of your career and work backwards to check what skills will be in demand after 10 years and start learning them right now. If you just know one skills you will be in danger of losing your job pretty soon. Having a diversified skills set is a reward in present job market.
  8. Jobs in areas such as Artificial intelligence, robotics,cyber-security,  building intelligent machines will be on raise and also many traditional jobs that need deep cognitive skills won’t be replaced rapidly and there is scope for job stability.
  9. Because of huge pressure, stress, anxiety in work areas,  individual’s health will suffer which will force for more visits to hospitals. Yoga and meditation will gain tremendous influence in helping those who embrace Yoga and Meditation. I advice young students to start seriously practicing YOGA and Meditation. You can make a career in this two healthy areas.

Finally those who are lifelong learners and who can rapidly adopt to changing job specifications, skills will stay relevant and those who resist change will be side-lined.

Any comments, additions to this article are welcome to do so. Thanks

Where there is a WHY there is a WAY


“The ‘why’ of what we do is much more motivating than the ‘what,’ we do.

When we are young we don’t really care to chart a course of action of what we really want in our life or where we really want to go. We just know that we need to go to school or college, make friends, study or have fun and pass out. If we are Lucky enough we get into job via Campus recruitment or thru some competitive exams whether we like it or not. All of these are familiar to most of the students.    Those are the golden days where we enjoy watching movies with friends, post photos on Facebook, study together or do something that we know really well. We never question “why” we do what we are doing daily.    We are in a comfort zone and we don’t care much to plan or plot a particular journey or reach a particular goal that is unknown to us.  We won’t know the meaning of “Vision” or what “Disruption” to our daily routine means.  Very few students move out of comfort zone, from daily habits, from the known life and experiment with things, think differently, work hard to reach great goals,  do something different than their friends or classmates do. They are charting an unknown path and at every step of learning they stop, re-evaluate and recalibrate their course of action and finally they will find a WAY for leading a life not just living another day that is just like yesterday for many others.

“Vision” implies you have a view of exactly where you want to go and you chart a course of action plan accordingly, like plotting a journey on a map, a straightforward road with no distractions, roadblocks or alternate routes.

Others just move forward and they don’t form any idea how to lead a life until a problem makes them to think. That is the time self is constructed and that is the time most of them take a course of action and follow.  That is the time WHY leads to find a “WAY” out of the situation. For some of those who don’t ask themselves “WHY” early on they may end up with doing something they don’t really want to do whether it is their subjects or life  or career.

So my friend every day you should question your routine with a WHY and you will realize that you need a WAY to better your life. Better life with best practices is what my vision is for skillsnest.

This Moment


This moment, it can be joy and fun

This moment, it can bring you down

This moment, rises a toast for the town

This moment, can sink the moods of anyone

This moment, can change the plan

This moment, makes the brain to jam

This moment, can bring the glory

This moment, may also make you lonely

This moment, frames a thought

This moment, can bring you to a naught

This moment, cheats the life’s glory

This moment, helps to become a good oratory

This moment, prepares you to be great

This moment, brings praises as a treat

This moment, should never be left

This moment, spurs you to be deft

This moment, is a song of wonderful melody

This moment, not dealt well can make you a parody

Creativity , Innovation Life Rings


While doing the MOOC course on Creativity , Innovation and change we are asked to prioritize the 5 most important life activities to cover all our responsibilities. The course expects us to be creative while presenting our solutions Here i created life rings and a Poem to describe what matters most to me. Let me know your thoughts.

life-rings

A poem on my Life Rings.

The new career choice in imparting knowledge and skills

The Life ring of new career switch is a thrill.

 

The ERP software gave me a wonderful career tapestry.

This life ring fulfilled my life’s dreams and fantasy

 

To work in the community service is a challenging affair

This life Ring reminds me to have a dedication to fulfill kids who aspire.

 

The Entrepreneurship is a reflection of my business needs.

The Life ring will stands as the memory of fulfilling the same with concrete action deeds.

 

The family is dear to me and all my efforts finally merge to   keep them hale and healthy.

This Life ring is a conclusion of my life’s meaning which is always remains as plenty.

 

Chance favors the connected mind


In the fast moving digitally connected  and complex world-  our beliefs ,skills,  assumptions , our knowledge is constantly  challenged.  Willing to accept that we need to refresh our knowledge, skills and other matters makes us better positioned to take on any kind of new challenges that come across.

RICHARD GREFÉ  :   “You know, a few years ago, whoever had the knowledge had the power. But today, the power resides in those who have a sense of the way that knowledge flows. And that becomes critical because knowledge is growing at an exponential rate. So what does that mean? That means that for any individual to succeed, has got to go beyond just knowing things. They have to be curious, they have to be thoughtful. And that doesn’t come from social media and that doesn’t come form deep-diving in data. That comes from thoughtful conversations.”

We are in a  era and times that requires us to think differently. 19th and 20th century education has built invisible walls around everything. We are trained to see things, learn , watch and use things individually.  Students are trained to learn subjects individually.    Civil engineers focus more on their subject and less on other engineering branch knowledge and similar is the story with all other branches. Computers science students focus more on software and less on industry’s domain knowledge  which is more vital in today’s market place. There is no one course that combines all these knowledge from different fields and provide us the insights of how interconnected everything is and how to acquire the right knowledge to face today’s smart planet’s requirements to stay successful with the right skills for the rapidly evolving nature of corporate work and society’s cultural shifts.  I always used to stress this point to graduate, post graduate and PhD Students of engineering and MBA to come out of their  specific subject knowledge and look afresh by learning how all the subjects knowledge works together to create solutions and products we use everyday. (Think Apple I Phone’s focus on Design more technology less) . Today Technology has erased the boundaries of  all branches of sciences, agriculture, medical and even changed our daily life habits. Why then are we not understanding that we have to have a open mind and inclination to learn something unrelated to our subject matter?

I get inspired when i look at some smart companies combining cross platform knowledge from different industries and come with a radical design and products. One such company is Dyson. James Dyson is famous for inventing something new that we never think possible.  They don’t hesitate to take inspiration and knowledge from different sources to come up with  new product. Here is a Blades less fan they invented using principles or aerospace fans. Click here to know more http://www.dyson.com/Fans/FansAndHeaters/Fans.aspx

For those who have guts to think differently and achieve something Dyson innovation awards is the platform to take on the challenges. Here is the link

http://www.jamesdysonaward.org/Prize.aspx

Similarly Companies such as Toyota come with some amazing ways of improving quality in their products , minimizing waste in production process and reduce the cost of making high quality products for less.  We already learnt their best practices such as Lean manufacturing, Kan-ban, Kaizan widely implemented in different industries.  They now use a new method called Andon Cord.

” The andon cord is literally a cord that workers can pull – a cord they should pull – any time something in the manufacturing process goes wrong that would compromise the quality of the product or safety of the people. The line stops immediately. Everyone’s attention is turned to the problem. Everyone helps to solve the problem. And the line doesn’t restart until the problem’s been fixed, thus ensuring that zero scrap or defects are allowed to perpetuate.”

http://www.toyotageorgetown.com/qualdex.asp

So innovation don’t need to be complex. we just need to think different.

World’s knowledge levels today (mostly Industry) are so mature that we don’t need PhD’s anymore because industry’s maturity levels are so high that until we think differently and look beyond  PhD’s  knowledge;  sustainable solutions are not possible for the complex problems we face today. Medical field is one such area where sufficient knowledge is not there to solve diseases such as Diabetes, cancer, Alzheimer or parkinson’s etc in spite of having top notch scientists with multiple PhD’s.   The only way to go is look into a different field , combine your subject knowledge with it to create a new idea or a cool product or a new medicine for a deadly disease.

We have different lifestyles than our parents. Youth today are in a constant flux of adopting to new lifestyles with high connectivity to the entire world. Mobile connectivity, social media interactions, crowd sourcing for solving complex problems of the planet,  Internet of things, body connected intelligent sensors, health tracking devices like Nike shoes and many more new technology gadgets allow us to look different , work differently than our predecessors and acquire knowledge differently than what is taught in our colleges today (the good old style).

The reach of internet to every nook and corner of the world allows us to know any kind of information , acquire knowledge and skills needed. Technology as i said above , erased the boundaries of everything and i want you to remove the mental blocks (the artificial silos in your mind)   and train  your mind to look at things differently with a open mind. Today we are connected so closely via social media, tech gadgets that we can collaborate with the world’s  best  on a massive scale that is not possible in a physical form. One of the courses  I’m doing on Coursera ( https://www.coursera.org/course/strategy101)  has 90, 000 students from across the globe. We are learning by doing  , something new but connected to a single platform on coursera No class rooms to go,  only online practicals using technology and internet connection. Cool way of learning something new,  Right?   Colleges and Universities should focus on building Labs to help today’s students to experiment, tinker with tools and gadgets. Otherwise we only produce paper engineers ,  MBA graduates who are just fit to do a service job  , does not provide any competitive advantage to students nor to the country as a whole. Today we should worry that we bring out very insignificant percentage of  cutting edge products to market  in spite of one billion population and large number of PhD’s and Master students.

Do you want to be a listless person or want to impact the world with your knowledge.  Remember the title of this blog  “Chance favors the connected Mind”  That power of Connectivity should become your major weapon to acquire skills needed for 22nd century companies. Many of the problems industry faces will be solved by individuals  from across the planet. This is the future of work. People won’t be working for a single company. There will be problems that need to solved and if you solve it you get paid. That is what will happen in Job markets going forward.

So why waiting. Go get connected with the world’s knowledge. My Previous blogs have several world class resource links to start with . so check them..

As part of this Blog here are some useful links for you to get on the fast track of 22nd century learning… Enjoy and good luck to you..

Learn something new here https://www.coursera.org/  or here https://www.udacity.com/  or here https://www.edx.org/ or from the whole internet which is at your finger tips.

Good luck to you and do not hesitate to reach out to me through your comments in this blog…

The Drizzle of Her Thoughts


I am just like him, he is just like my synonym

When I’m excited, he always quickly reacted

My life reminds me a missed dream, his interest unfolds like a tidal stream.

Friends for me are passing clouds, but his charisma shows no bounds

I’m like slow drizzling rain and he busts like a morning sun shine

My thoughts swing back and forth in dilemma and his actions appears like an enigma.

I’m surrounded by many with attitude and he appears to be lost in Solitude

I’m grounded in reality with a mind of explorer and he is always looking like a Crazy wanderer

I love wearing some exotic cloths of fashion and he loves writing with Passion

My mind always racing to reveal that love is fertile for which he unfolds himself with an artistic style

My Life passes leaving behind the beautiful moment and his always clasp for another enjoyment

My mind is controlling when the heart is revealing but his every action and move are sizzling.

The shadow of his presence is always with me and his wait for the glory arrived with a glee

Within him the memories of the time is like a stream and within me I felt that I am just like him

By RK dated 07/09/2015

Indian University rankings


The National Institutional Ranking Framework (NIRF) outlines a methodology to rank institutions across the country. The methodology draws from the overall recommendations broad understanding arrived at by a Core Committee set up by MHRD, to identify the broad parameters for ranking various universities and institutions. The parameters broadly cover “Teaching, Learning and Resources,” “Research and Professional Practices,” “Graduation Outcomes,” “Outreach and Inclusivity,” and “Perception”.

India Rankings – 2016 based on this framework were released on 4th April 2016.

Know more here.

https://www.nirfindia.org/univ

Universities that did not register can do it now by clicking the below link

http://nirfweb.cloudapp.net/Registrationnew.aspx

To know more about my professional work   click here http://skillsnest.com/