How businesses can accelerate innovation
Summary
As Computer Weekly has previously reported, the web giants are likely to impact every industry, which means every business will need to react in some way, to avoid being disrupted by their influence. Among the challenges every business faces when competing in the digital age is the ability to execute a strategy quickly when an opportunity arises. We have to put the customer at the heart of what we do and get out of the mindset of saying we can do it ourselves.” McKinsey recently looked at how the skills of the workforce need to change as businesses adopt new technologies and automate certain aspects of work. Letting others make their own decisions leads to a more dynamic approach to running a business, suited to the demands of an AI-fuelled economy. For the majority of positions, McKinsey recommended business leaders purposefully upskill existing employees while replacing routine work with automated systems.