EY conducted a study with the aim of rigorously appraising the transformative potential of M365 Copilot. Our research found that 82% of EY testers reported that M365 Copilot will enable faster task completion, with 66% of EY testers reporting more time to focus on tasks which bring more satisfaction.
Organisations implementing AI tools should consider how this capacity as well as specific AI tools can be used to the benefit of the individual. For example, AI can develop targeted learning journeys to help upskill employees at the individual level, enabling learning interventions that are tailored to individual needs while also providing personalised learning paths. This level of customisation boosts learning effectiveness, while encouraging employees to enhance their skills and knowledge regularly. This shift not only maximises productivity but also boosts employees’ morale and job satisfaction.
Team:
AI is a proven catalyst for relational experiences, how we interact with colleagues and customers, how we collaborate and get work done. There is a 33% net positive sentiment of employers and employees who believe Gen AI will boost productivity and new ways of working, and an even greater 44% net positive of those who expect the technology to enable greater flexible working. (Workforce Reimagined 2023).
AI can aid in team communication and the efficient distribution of tasks. For example, virtual reality and augmented reality are transforming collaboration and communication within teams. They allow real-time collaboration with people across the globe, facilitating richer conversations, skill sharing and exposure to other areas of the organisation.
Aside from additional capacity, AI systems can provide insights into team performance, sentiment and connection by tracking and analysing data. This provides employers with information relating to how the team is feeling through survey feedback and offers insight into their team’s experience. This can help promote a productive, collaborative environment, enabling employers to proactively address employee issues.
Organisation:
The adoption of AI at an organisational level can revolutionise our current ways of working from front-line customer facing functions, to operations and corporate functions such as finance and HR. The transformative impact can be seen on all fronts, demonstrating potential to improve not only efficiency and effectiveness, but also employee experience.
Notable examples such as the below, demonstrate the rounded positive impact we can expect to see if Gen AI is used responsibly, and thoughtful consideration is given to the workforce impact and opportunity.
- Using Gen AI to predict consumer needs can help organisations to refine their stock systems and supply chain to ensure products are ready at the point of need, rather than stock piling and incurring unnecessary storage costs. This use case can also free up time for consumer facing staff to have more considered conversations with their customers about potential future purchasing needs.
- Gen AI driven chat bots can be used in corporate functions to deal with common policy or procedural queries, improving the efficiency and the standardisation of responses that employees receive to the same questions. This frees up time for employees to focus on the human interaction and improving the quality of experience when dealing with traditional corporate functions like HR and Finance.
It is clear, from an individual, team, and organisational perspective, that AI’s role is pivotal in the evolution of the workforce and the increasing requirement for upskilling and reskilling. Success lies in the coming together of emerging technologies and vital human interventions; releasing the power of technology while emphasising the importance of what makes work human.
Summary
While AI's rapid proliferation might trigger fear of unprecedented changes in the working environment, organisations must remember that by embracing AI and investing in the upskilling of their workforce, they are fostering a collaborative partnership between human creativity and artificial intelligence.
