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)
93.5%
Provide more opportunities to work remotely
83.9%
Accelerate the digitalization of upskilling/ reskilling (e.g. education technology
providers)
61.3%
Accelerate automation of tasks
48.4%
Accelerate the implementation of upskilling/ reskilling programmes
38.7%
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.
Internet of Things Specialists
4.
Digital Marketing and Strategy Specialists
5.
Big Data Specialists
6.
Information Security Analysts
7.
FinTech Engineers
8.
Digital Transformation Specialists
9.
Project Managers
10.
Management and Organisation Analysts
REDUNDANT
1.
Data Entry Clerks
2.
Accounting, Bookkeeping and Payroll Clerks
3.
Administrative and Executive Secretaries
4.
Sales Representatives, Wholesale and Manufacturing, Technic…
5.
General and Operations Managers
6.
Business Services and Administration Managers
7.
Assembly and Factory Workers
8.
Mechanics and Machinery Repairers
9.
Legal Secretaries
10.
Statistical, Finance and Insurance Clerks
Technology adoption
Share of companies surveyed
Artificial intelligence (e.g. machine learning,
neural networks, NLP)
Internet of things and connected devices
Big data analytics
Encryption and cyber security
Augmented and virtual reality
E-commerce and digital trade
Text, image and voice processing
Robots, non-humanoid (industrial automation,
drones, etc.)
Distributed ledger technology (e.g. blockchain)
Robots, humanoid
Emerging skills
Skills identified as being in high demand within their organization, ordered
by frequency
1.
Analytical thinking and innovation
2.
Active learning and learning strategies
3.
Creativity, originality and initiative
4.
Complex problem-solving
5.
Technology use, monitoring and control
6.
Technology design and programming
7.
Resilience, stress tolerance and flexibility
8.
Reasoning, problem-solving and ideation
9.
Technology installation and maintenance
10.
Critical thinking and analysis
11.
Emotional intelligence
12.
Troubleshooting and user experience
13.
Systems analysis and evaluation
14.
Leadership and social influence
15.
Service orientation
Country Profile

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