A lack of organizational expertise and a regulatory lag could hamper AI adoption, workforce transformation experts say. Orgvue
- 69% of organizations are confident that AI will be integrated into their core businesses by 2025, but 39% admit they lack the organizational expertise to do so.
- Other barriers to AI adoption include employee skepticism (36%) and lack of regulation on the use of AI in the workplace (33%).
LONDON, March 13, 2024 /PRNewswire/ — A study from Orgvue, the organizational design and planning software platform, shows that companies continue to increase their investments in AI, even if they are not clear on its business impact or how to implement it. 82% of organizations have already invested, and 33% say they will increase this amount by more than 50% in the coming year.
Based on an international survey of 1,000 mid- and large-sized executives and decision-makers, the report: People First, Machine Enhanced: The Role of AI in Workforce Transformationhighlights contradictions within the business world regarding technology investments and the impact of AI on the workforce.
On the one hand, 61% of respondents said they expect AI to replace people in their organization, and 69% of them say they believe AI will be the primary driver of transformation of the workforce over the next three years. On the other hand, 48% do not know how they will manage AI developments to optimize the use of the technology.
Olivier ShawCEO of Orgvue, commented:
“Organizations are beginning to realize that the practicalities of integrating AI into core business operations are far from simple. There is a dichotomy between business leaders’ need to prepare for AI’s entry into the workforce, their desire for change, and the organization’s ability to make this transformation a reality.
“This gap in thinking comes from a lack of clarity on Exactly what impact AI will have on the business and workforce. Indeed, our research indicates that spending so far has been more of a gold rush than a carefully planned trip. This will make managing the transformation even more difficult.
Business leaders are excited about the growth and productivity potential of AI (79%), but 70% say they have a responsibility to protect their workforce from layoffs before adopting AI. AI and 78% believe that human intervention is essential to prevent the negative consequences of AI. For this reason, 80% plan to retrain their employees to use AI in the workplace.
Similarly, 78% want governments to introduce stricter rules and regulations, while 54% believe regulation has not kept pace with investment in AI and 70% believe AI should be regulated immediately .
Shaw added:
“Whether it’s optimism or naivety, CEOs are confident that AI will solve their business challenges. But data shows that divisional leaders are less convinced by the impact of AI, with pronounced skepticism at this level about the value AI can bring to the business and how quickly it can be integrated into daily operations.
“This is a dangerous position for organizations. A mismatch in perspective – between those at the top and those responsible for delivery – will ultimately derail any long-term plan for business change.
“To achieve their AI ambitions, CEOs should arm themselves with a better understanding of how AI will truly impact the work of their people today and the skills their organization has. , as well as how this might change over time. »
About Orgvue
Orgvue is an organizational design and planning platform that enables your business to transform its workforce by understanding the work people do and their skills. Our platform connects strategy to structure, providing clear vision, so you can build a more adaptable, high-performing organization that thrives in an ever-changing world of work.
The world’s largest and best-known companies and consulting firms use Orgvue to visualize and model current and future organizational states and make faster, more informed decisions. The company is headquartered in London with offices in Philadelphia, The Hague, Toronto and Sydney.
SOURCE Orgvue
