WEBVTT 00:00:00.000 --> 00:00:00.580 align:middle line:90% 00:00:00.580 --> 00:00:03.140 align:middle line:84% In the age of artificial intelligence, 00:00:03.140 --> 00:00:05.220 align:middle line:84% managers at all levels need to accept 00:00:05.220 --> 00:00:07.150 align:middle line:84% that a significant chunk of their jobs 00:00:07.150 --> 00:00:10.110 align:middle line:84% might be done better and more efficiently by machines. 00:00:10.110 --> 00:00:12.320 align:middle line:84% The researchers conducted a survey 00:00:12.320 --> 00:00:16.390 align:middle line:84% of 1,770 managers across 14 countries, 00:00:16.390 --> 00:00:19.000 align:middle line:84% as well as interviews with 37 executives in charge 00:00:19.000 --> 00:00:21.570 align:middle line:84% of digital transformation in their organizations. 00:00:21.570 --> 00:00:23.520 align:middle line:84% They found that managers at every level 00:00:23.520 --> 00:00:26.740 align:middle line:84% spend the bulk of their time on administrative tasks, 00:00:26.740 --> 00:00:30.000 align:middle line:84% such as juggling employee schedules or writing reports. 00:00:30.000 --> 00:00:32.640 align:middle line:84% These are the very tasks that are most likely to become 00:00:32.640 --> 00:00:34.640 align:middle line:90% automated in the near future. 00:00:34.640 --> 00:00:36.440 align:middle line:84% In fact, some companies have already 00:00:36.440 --> 00:00:39.120 align:middle line:84% seen great improvements by transitioning these tasks 00:00:39.120 --> 00:00:40.070 align:middle line:90% to AI. 00:00:40.070 --> 00:00:42.390 align:middle line:84% More than 80% of the managers surveyed 00:00:42.390 --> 00:00:44.620 align:middle line:84% said they welcomed this sort of shift. 00:00:44.620 --> 00:00:47.320 align:middle line:84% They understood that they will need judgment-oriented skills 00:00:47.320 --> 00:00:48.690 align:middle line:90% to succeed in the future. 00:00:48.690 --> 00:00:51.530 align:middle line:84% These include being able to think creatively, analyze 00:00:51.530 --> 00:00:54.140 align:middle line:84% and interpret data, and develop strategies. 00:00:54.140 --> 00:00:56.760 align:middle line:84% But they undervalued the skills that machines simply 00:00:56.760 --> 00:00:59.710 align:middle line:84% can't do better than humans, such as social networking, 00:00:59.710 --> 00:01:01.570 align:middle line:90% coaching, and collaboration. 00:01:01.570 --> 00:01:04.220 align:middle line:84% Of the managers surveyed, only about 20% 00:01:04.220 --> 00:01:06.987 align:middle line:84% selected each of these "people skills" among the top three 00:01:06.987 --> 00:01:08.820 align:middle line:84% that they thought we be necessary and should 00:01:08.820 --> 00:01:10.810 align:middle line:84% be developed over the next 5 years. 00:01:10.810 --> 00:01:12.580 align:middle line:84% What they didn't seem to realize is 00:01:12.580 --> 00:01:15.219 align:middle line:84% that these skills will help them stand out in a world 00:01:15.219 --> 00:01:16.760 align:middle line:84% where artificial intelligence handles 00:01:16.760 --> 00:01:20.240 align:middle line:84% many of the administrative tasks that they perform today. 00:01:20.240 --> 00:01:22.610 align:middle line:84% Machines will never completely replace managers, 00:01:22.610 --> 00:01:25.610 align:middle line:84% but they will free up nearly half of their time. 00:01:25.610 --> 00:01:29.360 align:middle line:84% The real priority should be re-focusing on the tasks 00:01:29.360 --> 00:01:32.210 align:middle line:84% that only humans can do: using their creativity, 00:01:32.210 --> 00:01:36.130 align:middle line:84% collaborating, empathizing and making judgements. 00:01:36.130 --> 00:01:40.795 align:middle line:90%