By 2030, the number of employees in the global workforce aged 50 to 64 is projected to increase by 15 percent to 30 percent. Companies thus face a critical challenge: How can they balance automation and digitization ambitions with the growing societal demand to help ensure adequate social protection and well-being for experienced workers? ... Continue Reading »
Talent
The Twin Trends of Aging and Automation
The twin trends of rapid population aging and automation have been unprecedented in speed and scope. Both academia and industry have dedicated extensive research to understanding the direction, magnitude, variations, and impacts of these separate trends. ... Continue Reading »
Oliver Wyman: 2020 Women in Financial Services Report
The latest edition of the Women in Financial Services report from Guy Carpenter affiliate, Oliver Wyman, has found that the industry is finally making progress on gender diversity in the workforce. Mindsets are shifting and, as a result of hard work and commitment, progress is beginning to be reflected in the numbers. ... Continue Reading »
Managing Employees Amidst Digital Transformations
While the digital revolution is already underway in most organizations, it is yet to have the kind of impact, positive or negative, that many predicted. As such, most organizations have not yet adopted any design or implementation strategies that would truly leverage the digital revolution by increasing productivity and work outcomes, according to Wolfram Hedrich, Executive ... Continue Reading »
United Kingdom Will Face Labor Shortages in a Post-Brexit World
Profound demographic shifts are shrinking the global supply of workers with surprising speed. Post-Brexit, a points or quota system seems likely to control migration to the United Kingdom. Coupled with the demographic changes, this could create significant challenges for the U.K. labor force. The peak migration demographic of 20- to 34-year-olds has been falling within the ... Continue Reading »
Governing Digital Transformation and Emerging Technologies
This joint report from the National Association of Corporate Directors (NACD) and Marsh & McLennan Insights, offers a new roadmap for successful corporate governance in the digital age. It draws from primary research conducted through interviews with company directors as well as a survey of 200 NACD members. ... Continue Reading »
To Lead through Disruption, Tech Firms Reinvent HR in the Innovation Era
Sheela Sukumaran, Partner, Mercer’s Multinational Client Group Contact Disruptive innovation has become the new normal. For today’s technology organizations that define and deliver disruption, it’s important to create workplaces that inspire, enable and drive innovation — all while serving as talent magnets. With competition for highly skilled talent at an all-time high, t ... Continue Reading »
How Chief Human Resources Officers Can Be Your C-Suite’s Innovation Drivers
Patty Sung, Senior Principal and Innovation Leader in Mercer’s Global Digital Innovation Hub Contact Innovation is top of mind for most C-suite executives and directors of companies — and for good reason. According to a study by Credit Suisse, the average life span of an S&P 500 company is now less than 20 years, compared to 60 years in the 1950s. Additionally, Mer ... Continue Reading »
Marsh & McLennan Stresses Next Generation Industry Leaders Must “Adapt or Face Extinction”
Marsh & McLennan Companies' Rising Professionals’ Global Forum 2019 opened in London today, with approximately 700 delegates attending the two-day event to hear from world class speakers on the central theme for the Forum – Adaption or Extinction. ... Continue Reading »
Engaging the Workforce in Digital Transformation: A New Model to Enable Your Digital Strategy
For an organization to succeed in adopting technological solutions they must find ways to engage their workforce in the digital transformation or they will fall behind their competitors. ... Continue Reading »
