Automation presents serious challenges and opportunities. What will the workplace look like in the future?
This is the presentation delivered by Angus Knowles-Cutler at London Business School's 2015 Global Leadership Summit.
7. 35% of UK jobs are at high risk of automation
in the next ten to twenty years
Source: Frey and Osborne, University of Oxford, Deloitte
8. Automation presents serious
challenges and opportunities
• Office and administrative support, sales and services,
transportation, construction and extraction,
production and manufacturing are at highest risk
• UK jobs paying less than £30k are five times more
likely to be automated than those paying £100k
• 63% of London jobs paying less than £30k are at high
risk
Source: University of Oxford, Deloitte
9. Jobs lost from the UK and London,
2001-2013
64% 65%
58% 56%
48%
44% 43%
38%
33% 32%
48%
40%
30%
44% 46% 47%
8% 7%
37%
23%
(70%)
(60%)
(50%)
(40%)
(30%)
(20%)
(10%)
0%
Library
assistants
and clerks
Sales-related
occupations
Filing, record
assistants and
clerks
Travel
agents
Counter
clerks
PAs and other
secretaries
Collectors,
sales persons,
credit agents
Pensions and
Insurance
clerks
Credit
controllers
Accounts
wages clerks,
bookkeepers
Percentageofjoblosses
London Rest of the UK
Source: ONS, Deloitte
10. Automation will be the leading
cause of job losses in London
41%
32%
27%
Automation Nearshoring Offshoring
Source: Deloitte survey of 100 London businesses, 2014
11. 73% of London businesses plan to increase
overall headcount in the next five years
73%
5%
22%
plan to increase London headcount
plan to reduce London headcount
No plans for change
Source: Deloitte survey of 100 London businesses, 2014
12. Skill requirements
are changing fast …
Cultural know-how
and/or foreign languages
Persuasiveness
Social perceptiveness
Processing, support and
clerical (e.g. data entry,…
Professional qualifications
Negotiation
Problem solving
Entrepreneurship
Creativity
Management capability
Digital know-how
The skills increasingly required, London businesses
(weighted score)
Source: Deloitte survey of 100 London businesses, 2014
13. Anticipated impact of technology
64%
35%
1%
Very significant or significant impact
Limited or very limited impact
No impact
Source: Deloitte survey of 100 London businesses, 2014