CEOs prefer to invest in technology than in the development of their people
68% of CEOs in the world prioritize investing in the purchase of new technologies before the development of their workforce to improve the resilience of the organization, according to a study by KPMG.
The directors of companies in Mexico and the world have chosen to give higher priority to investing in technology, instead of developing the skills of their workers to adapt to changes such as automation in some sectors.
"What we see is that there is a substitution of human labor for robots, in the administrative offices, for example, instead of a person reviewing payments, now a machine does it," said Víctor Esquivel, managing partner of KPMG in Mexico and Central America, within the framework of the presentation of the study Resilience and Agility, Characteristics of the New CEO.
The analysis of KPMG shows that 68% of CEOs in the world prioritize investing in the purchase of new technologies in the face of the development of their workforce to improve the resilience of the organization.
In Latin America, it was 61% of CEOs, while in Mexico it was 64%, added data from the consultancy. Faced with this panorama, the new generations of employees must change their abilities to perform other activities and not lose competitiveness.
"You must develop skills (in workers) on the management of technologies, concepts that are changing and revolutionizing businesses such as artificial intelligence, robotics, and other processes," said Esquivel.
However, 65% of the directors in the world believe that including artificial intelligence and robotic technologies will create more jobs than they will eliminate, in Latin America, it was 79% and in Mexico 84%, according to said study.