Staffing Industry Analysts (SIA) have continued research into the Future of Work. “Digital Disruption and the Staffing Industry” is a new report considering the impact of technology on the way we work and the staffing industry.
The Fourth Industrial Revolution commenced a few years ago with the advent of “cyber-physical systems” that will profoundly change the way we live and work. Examples are the steps forward and integration of artificial technology, virtual reality, robotics, block-chain, self-driving cars and predictive analytics, to name a few.
Previous industrial revolutions have brought efficiencies and price-performance benefits, as well as a massive increase in employment. Now new technology, this digital disruption, could be a job destroyer.
Once again recruitment agency owners and managers need to consider these changes as they may impact their niche and their customers and candidates. The take-up of technology is always quicker, deeper and more profound than imagined, despite the inevitable over-hyping from suppliers to early adopters.
HHMC Global works with owners and leaders of staffing and recruitment businesses on market valuations, buy/sell transactions, growth strategy and advisory matters. If this article raises issues relevant to your business, we would be pleased to continue the conversation.
