Wednesday, February 1, 2023

The Skills of the Future


The focus has shifted from 'Hard Skills' and 'Soft skills' to "Smart and Sharp".

  • Smart skills replacing the Soft Skills,
  • Sharp Skills replacing the Hard Skills.



10 Hard Skills

      1. Statistical thinking and Data Analytics.
      2. Optimization.
      3. Science-based management.
      4.  System Dynamics
      5. Managerial Economics
      6. Data visualization
      7. Analytical Reasoning
      8. Artificial Intelligence, Block chain, Cloud and Big Data (A,B,C and D)
      9. Machine learning 
      10. Digital Literacy.

Optimization

The process of making sure a design,system or a decision, as fully perfect, functional or effective as possiblle.

Science-based management.

The process of making decision through the conscientious (diligent), explicit (clear) and judicious (wise) use of current best evidence in making decisions about the a problem or a situation. 

Managerial economics

The application of the economic concepts, theories, tools, and methodologies to solve practical problems in a business.

Analytical Reasoning

The ability to look at information and discern (recognize) patterns within it.

Digital Literacy

The ability to use information and communication technologies to find, evaluate, create and communicate information, requiring both cognitive and technical skills.

Machine Learning

The study of computer algorithms that improve automatically through experience.

ABCD

Enabler for digital transformation

Data visualization

The visual representation of information

System Dynamics

The analysis of how actions and reactions cause and influence each other, and how and why the elements and processes in the system change.

Statistical Thinking & Data analytics

The ability to allign one's thoughts with the fundamental ideas of statistics allowing the person to make better decision in any given situation.


10 Smart Skills

      1. Emotional maturity.
      2. Humility
      3. Developing multiple perspectives
      4. Adaptability
      5. Followership
      6. Validation
      7. Managing Up
      8. Strategic and Critical Thinking
      9. Listening
      10. Cognitive readiness


Emotional Maturity
Ability to understand and manage your emotion

Adaptability
An ability or willingness to change in order to suit different conditions.

Validation
The ability to provide recognition or affirmation that a person (including yourself) or their feelings or opinions are valid or worthwhile.

Strategic and Critical Thinking
The process of conceptualizing, applying, analyzing, synthesizing and evaluating informationto reach a goal and have a plan for its execution

Listening
The ability to focus completely on the person's speaking, understand their message, comprehand the information and respond thoughtfully.

Cognitive Readiness.
The mental preparation (including skills, knowledge, abilities, motivations and personal dispositions (character) that a person needs to establish and sustain competent performance in our complex & unpredictable environment.

Managing Up
Classic Definition:
Developing a good working relationship with a superior

Modern Definition
Managing up is solving problems that your stakeholders need solved.

Followership
The capacity or willingness to follow a leader

Developing multiple perspectives
To recognize the value and become fluent in understanding multiple perspectives within yourself and your organization.

Humility
To recognize your value and others value while looking up.It is to see there is far greater than ourselves who we can become, who others can become and how much more we can do and be.
Smart and humbled ones.
Smart and arrogant can be found everywhere.



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