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The manufacturing sector has undergone a paradigm shift in recent years and COVID-19 has further accelerated the pace of change. Players globally have been adapting to new ways of functioning with a result-driven transformation agenda at the core. <keyword id="50691" type="General" weightage="80" keywordseo="digital" source="Orion">Digital</keyword> technologies have been instrumental in driving this transition. The industry 4.0 wave has coerced almost all players in the industry to adopt automation and digital technologies, but maturity levels vary. Organisations at the forefront of digital adoption have certainly seen better results. And so, digital transformation is top of the agenda for practitioners in the manufacturing sector now to tackle growing competition, reduce costs and improve efficiencies. What’s equally crucial for manufacturing sector leaders – to ensure that they meet critical business goals – is to build the talent pipeline to service this transformation and innovate for the future. For an industry like manufacturing, which often carries the weight of legacy approaches and systems, this is an ambitious task. Purpose-driven digital manufacturing The industry has come a long way to adopt connected, data-driven manufacturing that has undergone a metamorphosis - from shop floor to top floor. Subsequently, the demands placed on manufacturing sector leaders are increasingly challenging today. Almost all of them are looking at transformation holistically. “Digital in manufacturing must address all three stakeholders – customers, communities, and employees and how to make things better for them. Modernising legacy systems, processes, and technologies and integrating them with new systems are all key priorities that contribute to the transformation,” says R Nanda, Chief of Human Resources &amp; CSR at Tata Chemicals. The manufacturing sector is witnessing the emergence of several trends that were once unfamiliar to the industry. These include: <ol><li>The need for hyper-personalisation and the right experience delivery across all touchpoints to customers</li><li>Remote operations &amp; data-driven processes through automation</li><li>Digitally driven smart products that are helping players rethink their entire business models</li></ol>This presents leaders with a great opportunity. <keyword id="13003481" type="General" weightage="50" keywordseo="dulles-krishnan" source="Orion">Dulles Krishnan</keyword>, MD, Coursera Enterprise, India &amp; ANZ, says, “The potential for automation in the manufacturing sector is 1.3x higher as compared to other industries, this means that the sector is ripe for innovation. At the same time, some of these trends are driving a pressing need in the industry for a massive skill transformation. Smart customers and smart products are demanding digital-ready, tech-savvy employees in manufacturing companies.” Building the skill for future-ready manufacturing Manufacturing sector today recognizes the need for comprehensive upskilling, cross-skilling and reskilling initiatives that are designed to drive a systemic change. In addition to the foundational skills that employees in the sector possess, new skills around automation &amp; analytics, connectivity and advanced manufacturing are driving competitive advantage for companies. Several companies are offering formalised courses and certification programs to employees to acquire new skills and apply it in their everyday work life. Cross- skilling, for example, a key focus area. Domain experts are now trained in data science so that they can leverage data for better business outcomes, whereas IT teams are encouraged to develop ‘design thinking’. ‘Digital champions’ with matured digital awareness are moulded across functions. One of the popular strategies among companies is reverse mentoring, where the digital-savvy millennials collaborate with senior employees to bridge the digital skills gap. According to <keyword id="147387" type="General" weightage="50" keywordseo="jayanta-banerjee" source="Orion">Jayanta Banerjee</keyword>, Group CIO of <keyword id="6357147" type="General" weightage="50" keywordseo="tata-steel" source="Orion">Tata Steel</keyword>, training the employees is no more a choice but a necessity for manufacturing organisations. “The success of a digital transformation program is measured in terms of how the users or employees are using it in their daily business, every time. Adoption is a big challenge as there is a great digital divide within organisations.” Promises of reskilling &amp; upskilling As <keyword id="2585720" type="General" weightage="50" keywordseo="vineet-jaiswal" source="Orion">Vineet Jaiswal</keyword>, Deputy CEO – Center of Excellence, Vedanta, rightly summarised, learning is not a sprint but a marathon. “Continuous learning is essential to prepare the workforce to be nimble, fail fast and innovate. I think a holistic cultural change is the biggest RoI one can drive from a successful training/reskilling program.” As workforces prepare themselves for a future full of frequent changes, Coursera highlights some skills that will be the most sought-after in the manufacturing industry: Top digital skills: Product design, Graphics, UX design, Statistical visualisation, Cloud Computing Top human skills: Professional development, Storytelling, Public Relations, Negotiation, Change management Disclaimer: This article is generated and published by the Insider Studios team. You can get in touch with them on insiderstudios@businessinsider.in

Why manufacturers must embrace skills transformation to be future-ready

The pharmaceuticals industry has largely been known to be set in its ways, with processes remaining the same longer and skills required being tough to replicate easily. However, the pandemic did a number on the pharma sector, just as it did for others. When pharma firms were gunning to find the antidote to the virus, they, like all others, had to do it from home. Which in turn led to the entry of more <keyword id="50691" type="General" weightage="100" keywordseo="digital" source="Orion">digital</keyword> processes and skills. “Necessity is the mother of invention, and that has forced us to adapt and adopt technology,” said Dr. <keyword id="6471231" type="General" weightage="80" keywordseo="sanjay-arora" source="Orion">Sanjay Arora</keyword>, Global Medical Director, Dr. <keyword id="1854199" type="General" weightage="80" keywordseo="lal-path-labs" source="Orion">Lal Path Labs</keyword> and Founder of Suburban Diagnostics, speaking at the Transforming Pharma: Formulating effective upskilling strategies webinar by Business Insider. While <keyword id="176" type="General" weightage="80" keywordseo="arora" source="Orion">Arora</keyword> argued that the pharma sector has always needed employees to upskill themselves and keep up with the newest scientific discoveries and diseases, he identified automation and the effective use of data analytics as two big changes in the industry. “The talent has been quite fungible over the last one or one and a half years. It is not just for pharma, it is across industries and the globe. But pharma got more impacted because it’s a knowledge industry, and a lot of people who carry that knowledge can’t be substituted by somebody who just comes in with the same number of years or background of education. Hence the need to quickly train the new people coming in and make sure that the delivery was not impacted.” said Amitava Saha, President and CHRO, Biocon Group. Saha noted that things are changing rapidly in the industry, not just in laboratories but also in manufacturing units. “The rules are changing, as are the efficiency indexes,” he said, adding that the use of technology is inevitable in such a situation. “Imagine the pace at which the (Covid-19) vaccine was developed without compromising on any regulatory process. Digital transformation was the backbone,” noted Dr. Anil Kukreja, Vice President, Medical Affairs and Regulatory, Astrazeneca India. He added that real-time data analytics were instrumental in bringing insights into research, and sharing those insights with regulators across the world. Further, <keyword id="275963" type="General" weightage="80" keywordseo="yugal-sikri" source="Orion">Yugal Sikri</keyword>, Managing Director, RPG Life Sciences, pointed out that the pharma industry is unique because “your product is a technical product”. “You have to have techno and commercial, both dimensions clear, because the industry is extremely competitive. Particularly the generic (drug) industry is extremely competitive, we have 10,000 odd companies in India (alone). So you need to have both the techno and commercial skills,” he said. The need for upskilling though is not the responsibility of employees alone. “One of the things that we hear during this Great Resignation is that people are moving jobs, and one of the reasons they cite is that they’re not learning enough. So they’re trying to learn somewhere else,” said <keyword id="13003481" type="General" weightage="80" keywordseo="dulles-krishnan" source="Orion">Dulles Krishnan</keyword>, Managing Director, Coursera Enterprise, India and ANZ. He admitted, however, that many are also not spending as much time learning, and companies and platforms need to solve that, to motivate people to learn. “When the human is challenged, he learns really fast,” added Dr. A Vehlumani, PhD, Creator, Thyrocare. “Whenever we are challenged more, we will learn more and we get more skills. The more problems you solve, the more skilled you become. The bigger the problems you solve, you become more powerful,” he said. Disclaimer: This article is generated and published by the Insider Studios team. You can get in touch with them on insiderstudios@businessinsider.in

Digital upskilling has become the need of the hour for the pharma sector

The <keyword id="875703" type="General" weightage="20" keywordseo="global-pandemic" source="Orion">global pandemic</keyword> has sparked changes in almost every area imaginable, including ones we did not anticipate. One of these has been the acceleration of the once-imminent Fourth <keyword id="349407" type="General" weightage="20" keywordseo="industrial-revolution" source="Orion">Industrial Revolution</keyword>, a period that seemed distant but has pushed the world much sooner than anticipated. One of the main elements of Industry 4.0 is the automation of manual tasks and the transfer of these responsibilities from people to robots and machines. However, the introduction of this technology does not imply the replacement of human workers. Instead, it calls for the development of new skills to thrive in the evolving manufacturing landscape. While manufacturers may focus on recruiting efforts to match the needs of this digital revolution along supply chains, it's worthwhile to explore the advantages of upskilling and reskilling current employees, which can save time and money. <cmsannotation type="cmsannotation" annotationid="The importance of Industry 4.0 and Digital Talent" comment="subhead" text="The importance of Industry 4.0 and Digital Talent">The importance of Industry 4.0 and <keyword id="5927023" type="General" weightage="20" keywordseo="digital-talent" source="Orion">Digital Talent</keyword></cmsannotation> Yeshawant Kumar Kini, Head of Human Resources at Daimler India, stressed the need for Industry 4.0 during a panel discussion on "Upskill to Transform" hosted by Business Insider. He stated that both strategic leadership and digital talent play crucial roles in this transformative era. He said, “Talent can be viewed from two perspectives: the strategic portion which is leadership, and the other digital talent. We need good leaders who can better navigate the digital landscape, as well as skilled digital workers (experts in their specific domain)." <cmsannotation type="cmsannotation" annotationid="Developing the right skills" comment="subhead" text="Developing the right skills">Developing the right skills</cmsannotation> In the process of reskilling and upskilling, the need for people skills has become increasingly vital. DCM Sriram's Hameed Jung, VP of Human Resources and Head of Group Learning highlighted the importance of emotional intelligence, creativity and networking skills in this changing landscape, "As technology advances, so does the need for people skills," he added. Companies recognise that employees are the backbone of their success. However, a skills gap can hinder productivity, increase labour costs, and leave employees feeling left behind. Hence the need to create a culture that caters to the development of employees is paramount to drive personal growth and better performance. "Developing a culture that provides your employees with the skills and chances to upskill and develop themselves is critical, especially in an ever-changing industry," says Hindalco Sr. Vice President <keyword id="3843189" type="General" weightage="80" keywordseo="krishnan-subramanian" source="Orion">Krishnan Subramanian</keyword>. " But when a new skill enters the market, our minds tend to scatter; it's important to distil the right skills relevant to us and work on those things which associate with our core being; when we focus on what relates to our core being, we automatically want to get better at it," he added. <cmsannotation type="cmsannotation" annotationid="Understanding Industry 4.0 and the digital role" comment="subhead" text="Understanding Industry 4.0 and the digital role">Understanding Industry 4.0 and the digital role</cmsannotation> "To get better at skills it is however critical to understand the concept of Industry 4.0 and the role of digital in the growth and development of industries," says Yeshawant Kumar Kini, Head, HR, Daimler India. According to him, one way to achieve this was by partnering with the government and academic institutions, which would help remap the skilling area for individuals, thereby industries, and finally society as a whole. Dulles Krishnan, Coursera's MD Enterprise, India and ANZ acknowledged the rapidly changing nature of job requirements meant that we understand the need for continuous learning as well. “The content related to each role and responsibility today is most likely to change in the next five years, given the rate at which technology is growing by the day,” he said. <cmsannotation type="cmsannotation" annotationid="Breaking it down to bite-sized learning" comment="subhead" text="Breaking it down to bite-sized learning">Breaking it down to bite-sized learning</cmsannotation> With technology automating repetitive tasks, entry level positions are evolving into higher level roles that require extensive reskilling or upskilling. However, in today’s fast-paced world, professionals often find themselves overwhelmed with work. In the process, they struggle with dedicating enough time to learning and upskilling that is crucial for career success. The stakes are rising. So how can you fit learning into your busy schedule, when you barely have time to watch your favourite web series after work? To this, Hindustan Zinc's Dy CHRO, <keyword id="156253" type="General" weightage="80" keywordseo="manmeet-singh" source="Orion">Manmeet Singh</keyword> said, "While it can be difficult to look through content in depth, this is where bite-sized content, such as that created by Coursera, comes into play and works its magic on us. With so much knowledge available, how can we determine what is accurate and authentic? This is a question I've always had, and it's when I work with trustworthy resources and websites to keep my skills current and relevant." In the era of Industry 4.0, continuous learning and upskilling are the building blocks for success in the manufacturing sector. Rather than fearing the impact of automation, individuals should embrace the opportunities it presents by developing new skills. By fostering such a culture of learning, organisations can enhance productivity, reduce skill gaps and empower their workforce. Disclaimer: This article is generated and published by the Insider Studios team. You can get in touch with them on insiderstudios@businessinsider.in

Manufacturing Transformation: Powering up for industry 4.0 through learning that works

The pharmaceuticals industry has largely been known to be set in its ways, with processes remaining the same longer and skills required being tough to replicate easily. However, the pandemic did a number on the <keyword id="117801" type="General" weightage="20" keywordseo="pharma-sector" source="Orion">pharma sector</keyword>, just as it did for others. When pharma firms were gunning to find the antidote to the virus, they, like all others, had to do it from home. Which in turn led to the entry of more digital processes and skills. “Necessity is the mother of invention, and that has forced us to adapt and adopt technology,” said Dr. Sanjay Arora, Global Medical Director, Dr. Lal Path Labs and Founder of Suburban Diagnostics, speaking at the Transforming Pharma: Formulating effective upskilling strategies webinar by Business Insider. While Arora argued that the pharma sector has always needed employees to upskill themselves and keep up with the newest scientific discoveries and diseases, he identified automation and the effective use of <keyword id="771372" type="General" weightage="20" keywordseo="data-analytics" source="Orion">data analytics</keyword> as two big changes in the industry. “The talent has been quite fungible over the last one or one and a half years. It is not just for pharma, it is across industries and the globe. But pharma got more impacted because it’s a knowledge industry, and a lot of people who carry that knowledge can’t be substituted by somebody who just comes in with the same number of years or background of education. Hence the need to quickly train the new people coming in and make sure that the delivery was not impacted.” said Amitava Saha, President and CHRO, Biocon Group. Saha noted that things are changing rapidly in the industry, not just in laboratories but also in manufacturing units. “The rules are changing, as are the efficiency indexes,” he said, adding that the use of technology is inevitable in such a situation. “Imagine the pace at which the (Covid-19) vaccine was developed without compromising on any regulatory process. Digital transformation was the backbone,” noted Dr. Anil Kukreja, Vice President, Medical Affairs and Regulatory, Astrazeneca India. He added that real-time data analytics were instrumental in bringing insights into research, and sharing those insights with regulators across the world. Further, Yugal Sikri, Managing Director, RPG Life Sciences, pointed out that the pharma industry is unique because “your product is a technical product”. “You have to have techno and commercial, both dimensions clear, because the industry is extremely competitive. Particularly the generic (drug) industry is extremely competitive, we have 10,000 odd companies in India (alone). So you need to have both the techno and commercial skills,” he said. The need for upskilling though is not the responsibility of employees alone. “One of the things that we hear during this Great Resignation is that people are moving jobs, and one of the reasons they cite is that they’re not learning enough. So they’re trying to learn somewhere else,” said Dulles Krishnan, Managing Director, Coursera Enterprise, India and ANZ. He admitted, however, that many are also not spending as much time learning, and companies and platforms need to solve that, to motivate people to learn. “When the human is challenged, he learns really fast,” added Dr. A Vehlumani, PhD, Creator, Thyrocare. “Whenever we are challenged more, we will learn more and we get more skills. The more problems you solve, the more skilled you become. The bigger the problems you solve, you become more powerful,” he said. Disclaimer: This article is generated and published by the Insider Studios team. You can get in touch with them on insiderstudios@businessinsider.in

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Why manufacturers must embrace skills transformation to be future-ready

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Digital upskilling has become the need of the hour for the pharma sector

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Manufacturing Transformation: Powering up for industry 4.0 through learning that works

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Digital upskilling has become the need of the hour for the pharma sector

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