Trends from Davos for the Talent Community
The theme of this year’s World Economic Forum Annual Meeting in Davos is “Creating a Shared Future in a Fractured World”.
Amidst all the news, chatter, charm, debate and negotiation we bring you interesting trends from Davos for the talent community.
Research shows that play is vital to a child’s development, equipping them with the skills necessary to tackle humanity’s future, such as emotional intelligence, creativity and problem solving. To be a superhero is to lead; to host a teddy for tea is to organise; to build a fort is to innovate: to play is to learn. READ MORE
For Icelanders, it is a source of pride to be the frontrunner in the World Economic Forum’s Global Gender Gap Index for the ninth year in a row. Ranking at the top is a confirmation of the successes achieved in recent decades and inspires us to continue to work towards complete equality of status, influence and power of men and women. READ MORE
Achieving equality for all is one of humankind’s greatest challenges. It is a complex problem with many facets, one of which is equal pay. A study by the World Economic Forum in November last year reported that it will take 100 years to close the gender pay gap. Worse still, the gap appears to be widening; the previous year’s prediction was 86 years. READ MORE
Businesses risk missing major growth opportunities unless CEOs take immediate steps to pivot their workforces and equip their people to work with intelligent technologies, according to new research by Accenture (NYSE: ACN).
The Accenture Strategy report, Reworking the Revolution: Are you ready to compete as intelligent technology meets human ingenuity to create the future workforce?, estimates that if businesses invest in Artificial Intelligence (AI) and human-machine collaboration at the same rate as top performing companies, they could boost revenues by 38 percent by 2022 and raise employment levels by 10 percent. Collectively, this would lift profits by US$4.8 trillion globally over the same period. For the average S&P500 company, this equates to US$7.5 billion of revenues and a US$880 million lift to profitability. READ MORE