Digitalization as a job killer?

accadis digitalization

With digitalization comes the fear of losing one's job. "Technically speaking, this fear is very justified," wrote Dr. Holger Schmidt in December 2017 in Netzoekonom. While computers are taking over more and more professions, the growing demand for digitally versed new employees is not covered. This is why many companies train existing employees quickly so that they can keep up, at least at short notice. For the generation of "Digital Natives" it is worthwhile to already focus on digital change during their studies and to study e.g. Digital Business Management or Digital Business Strategy at accadis University of Applied Sciences Bad Homburg.

Jobs in danger?

In his article, Dr. Holger Schmidt refers to a McKinsey report from November 2017, among other things: According to McKinsey, machines can theoretically take over 50 percent of current work processes. However, as stated in the report, only five percent of all jobs can currently be fully automated. As a result, the demand for employees who are able to efficiently think ahead in terms of digital business processes of any kind is increasing rapidly.

Exponential vs. linear growth

"The gap between the actual digital level and the demands that technical progress places on managers and employees is widening," writes Dr. Holger Schmidt. On the one hand, the digital knowledge of employees is only growing linearly. On the other hand, technical progress is accelerating exponentially, leading to a "excess in demand for digital specialists". Since 2016, the Digitale Job-Monitor, which Dr. Holger Schmidt calculates four times a year for the Handelsblatt, has recorded a 50 percent increase in demand for digital expertise. In addition to the "digital long runners" of artificial intelligence (AI), 3D printing and robotics, demand is also growing in classic business areas such as digital finance, digital project management and consulting as well as digital transformation. "That's why we are offering the Bachelor of Digital Business Management and the Master of Digital Business Strategy from October 2018," says Professor Dr. Christoph Kexel, Managing Partner of accadis University of Applied Science Bad Homburg.

Become a digital expert by studying

The aim of the new academic programsis to train the "digital natives" to manage digital transformation processes comprehensively. They learn this - in the undergraduate program - in modules such as Digital Strategies and Business Models, Data Security and Compliance, Internet and Social Media Marketing or - in lectures in the graduate program - in the areas of Digital Transformation Strategy or Change Management and Intrapreneurship, among others. "This is also about integrating innovations into the existing organization, which is a highly relevant topic for all companies," says Professor Dr. Christoph Kexel. "Since these are purely business management programs, IT-specific topics such as coding are not included."

Young managers with digital-ethical responsibility

"Another important component of both programs is business ethics, e.g. in modules on big data and the influence of digital change on society," explains Professor Dr. Christoph Kexel. "In addition, we would like to inspire students for digitization. As an academic institution, we clearly endorse Dr. Holger Schmidt's statements here. Because only if students graduating from accadis are enthusiastic about digital change, , he says, they can later lead their employees as junior executivesin the world which will follow upon ing Industry 4.0, the Internet of Things and AI".

Digital change throughout all accadis programs

Digital change will not stop at any sector. "That's why we digitalized the entire academic program some time ago," says Professor Dr. Christoph Kexel. "The Master's program in Strategic Supply Chain Management, for example, includes topics on digital transformation in global supply chains, while the students of International Football Managementdeal with the digital marketing of sport. The Bachelor's programs are also based on digital-oriented business management content. In the International Management lectures, students, among other things, deal with virtual organizations and innovation management. The International Marketing module introduces topics such as online marketing, customer relationship management and big data. In the Leadership Skills modules, students get to know the agile version of project management.

Young digital experts for accadis collaborative partners

"Of course, we also offer the new programs in the dual/work-study format," says Professor Dr. Christoph Kexel. "In this manner, corporate partners can train the dual students along their own company strategy. Based on our existing collaboration with long-standing partners, we also offer new companies various work-study format options". The accadis Career Center is happy to inform potential collaborative partners.



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