O c t o b e r 2 The Future of Jobs


Impact of COVID-19 on companies’ strategy



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WEF Future of Jobs 2020

Impact of COVID-19 on companies’ strategy
Share of companies surveyed looking to adopt this strategy as a result of
COVID-19
Accelerate the digitalization of work processes (e.g. use of digital tools, video
conferencing)
94.3%
Provide more opportunities to work remotely
91.4%
Accelerate the digitalization of upskilling/ reskilling (e.g. education technology
providers)
65.7%
Accelerate automation of tasks
57.1%
Accelerate the implementation of upskilling/ reskilling programmes
48.6%
Emerging and redundant job roles
Role identified as being in high demand or increasingly redundant within
their organization, ordered by frequency
EMERGING
1.
Data Analysts and Scientists
2.
AI and Machine Learning Specialists
3.
Big Data Specialists
4.
Internet of Things Specialists
5.
Digital Transformation Specialists
6.
Process Automation Specialists
7.
Information Security Analysts
8.
FinTech Engineers
9.
Database and Network Professionals
10.
Business Development Professionals
REDUNDANT
1.
Data Entry Clerks
2.
Accounting, Bookkeeping and Payroll Clerks
3.
Administrative and Executive Secretaries
4.
Accountants and Auditors
5.
General and Operations Managers
6.
Client Information and Customer Service Workers
7.
Assembly and Factory Workers
8.
Business Services and Administration Managers
9.
Statistical, Finance and Insurance Clerks
10.
Bank Tellers and Related Clerks
Technology adoption
Share of companies surveyed
Cloud computing
Encryption and cyber security
Big data analytics
Artificial intelligence (e.g. machine learning,
neural networks, NLP)
Internet of things and connected devices
Text, image and voice processing
E-commerce and digital trade
Augmented and virtual reality
Distributed ledger technology (e.g. blockchain)
Robots, non-humanoid (industrial automation,
drones, etc.)
Emerging skills
Skills identified as being in high demand within their organization, ordered
by frequency
1.
Active learning and learning strategies
2.
Analytical thinking and innovation
3.
Creativity, originality and initiative
4.
Complex problem-solving
5.
Critical thinking and analysis
6.
Emotional intelligence
7.
Resilience, stress tolerance and flexibility
8.
Leadership and social influence
9.
Technology design and programming
10.
Reasoning, problem-solving and ideation
11.
Systems analysis and evaluation
12.
Technology use, monitoring and control
13.
Service orientation
14.
Persuasion and negotiation
15.
Instruction, mentoring and teaching
Country Profile

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