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


Barriers to adoption of new technologies



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WEF Future of Jobs 2020

Barriers to adoption of new technologies
Share of companies surveyed
Skills gaps in the local labour market
Skills gaps among organization’s leadership
Inability to attract specialized talent
Shortage of investment capital
Insufficient understanding of opportunities
Lack of flexibility of the regulatory framework
Lack of flexibility in hiring and firing
Lack of interest among leadership
Other
Augmentation of key job tasks by 2024
Expected impact on workforce
Share of companies surveyed
Modify the composition of the value chain
67.7%
Expand its use of contractors doing task-specialized work
48.4%
Reduce its current workforce due to technological integration or automation
45.2%
Modify the locations where the organization operates
41.9%
Expand its current workforce due to technological integration or automation
41.9%
Current skills in focus of existing reskilling/upskilling
programmes
Share of companies surveyed identifying this skill as being in focus across their
reskilling or upskilling programs
1.
Technology use, monitoring and control
2.
Analytical thinking and innovation
3.
Complex problem-solving
4.
Technology installation and maintenance
5.
Critical thinking and analysis
6.
Technology design and programming
7.
Quality control and safety awareness
8.
Service orientation
9.
Management of financial, material resources
10.
Leadership and social influence
Average reskilling needs
Share of workforce within this industry
2 / 2
67.7%
54.8%
45.2%
41.9%
38.7%
25.8%
19.4%
9.7%
6.5%
DURATION OF RESKILLING
Less than 1 month
26.8%
1 to 3 months

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