| | May 20188CIOReviewhe corporate world is embracing a large scale innovation. This is primarily driven by the latest technologies such as Arti-ficial Intelligence, Robotics, and Block-chain. The deluge of the change is com-ing very fast like never before. This paradigm shift needs a broad-based change in the business model within a company. To begin with, the culture of the organization needs to alter to the new requirements and employee's mindset needs to be reset. Simple jobs will be automated and will disappear rapidly. Only jobs remaining for the humans to perform will be the complex ones. Education and experience are the two pillars on which most of the employees build their career. These two pillars will have a very short expiry date in the new structure, where one will find that their worth in the organization is eroding very fast. Many CEOs boast that people are their biggest assets and differentiator. These assets will start to de-preciate fast and turn into a liability. However, there is way out of this madness and some of the early adopting companies have already started to work upon it. The change has to start from the top, at the CXO level. It is to be recognized that this change will have a big impact on the business model, something very simi-lar to other special events like M&A and IPO. These need strategic intervention by the CXOs, who need to put all the corporate resources and energy wholeheart-edly. They need to evaluate if there are right resources within the organization to drive this agenda. Not every-one is cut out for this journey. Some people may need to move up, some need to go out and some need to come in from outside. TGETTING READY FOR SMART AND INTELLIGENT ORGANIZATIONBy Rajiv Vaid, VP & Global Head of Operations Strategic Accounts at TCSIN MY OPINION
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