The ‘Through the Risk Lens’ paper says that half of the workforce is likely to be millennials or gen Z workers by 2020, and by 2025, a fifth of the workforce will be contract workers. Furthermore, artificial intelligence (AI) will displace 40% of the world’s current tasks, similar disruptors will help create 1.75 million technology-enabled jobs, and more than five in 10 Indian employees will require reskilling by 2022.
“In light of newer business models and how disruptive innovation is changing the way we work, regulations are failing to keep pace. These changes have expanded organisations’ risk profiles and made them more complex and dynamic,” said Johar Batterywala, risk advisory partner at Deloitte India.
Organisations, as well as their risk leaders, need to focus on understanding these…
