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Chris Bradley
Senior Partner at McKinsey & Company, leader of Strategy Practice in Asia
Chris Bradley is a senior partner at McKinsey & Company known for guiding major institutions through enterprise-wide strategic transformation programs. With a background in economics, finance, and mathematics, Chris brings a wealth of experience having completed 200 engagements with 42 client organizations in various sectors. His expertise spans retail, media, energy, mining, consumer goods, apparel, rail, and telecommunications, with a particular focus on retail operations across multiple countries and formats. Chris is a globally-recognized thought leader in strategy, co-authoring the influential book 'Strategy Beyond the Hockey Stick.' He has developed strategy articles and blogs on crucial topics like 'The Ten Timeless Tests of Strategy,' 'The Strategy Method,' and 'An Incumbent’s Guide to Digital Disruption.' Chris conducts workshops globally to empower management teams to create more impactful and future-proof strategies. Outside of work, he enjoys playing the guitar, skiing, and embarking on adventurous motorcycle expeditions with his family in Sydney.
Highlights
Join us at our webinar launch of our new report, The Hard Stuff. Register here! Registrants also get a link to the recording.
https://lnkd.in/gQvzYA_A
Out today a report I co-authored with Seckin Ungur, Jules Carrigan and Gurneet Singh Dandona about how Gen AI will drive the future of work in Australia.
Here are my top 6 nuggets:
💡 Today, 62% of human tasks can be automated--a huge step-up from the 44% estimate from 2019. The difference? Gen AI, which has rapidly advanced machine capabilities in knowledge and interaction-intensive work (while many physical tasks like cutting someone's hair remain hard to automate)
💡 By 2030, 79 to 98% of tasks will be within the capability frontier of machines. Once we account for the translation of technical capability into actual diffusion, we reckon in a midpoint scenario, about one-quarter of today's human tasks will be done by machines (warning: the range of possibilities is wide!)
💡 Combined with ongoing macro trends, this will drive a big shift in how we work, with 9% of roles being "transitioned" (our word for disappearing then respawning as a different type of job).
💡 The impact is broad. While 10% of jobs will have more than 40% of their time affected, two-thirds of jobs will have 20-40% of tasks affected. All our working lives will change.
💡 The mix of activities, therefore skills, will change a lot. Cognitive processing tasks will go from 38% to 34% of time by 2030. Technological and Emotional tasks will go from 34% to 40% of time. These latters tasks are already heavily over-indexed in the top quintile of earners.
💡 This could be a productivity game-changer. If these displaced tasks are replaced by average productivity jobs, it could add 2.8pp-4.1pp per year to productivity growth. Even grabbing half that benefit would put us back near the top of our historical productivity league-tables
Read more here:
