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This was first published on Riyadh Daily
Our 2023 Hopes and Fears Middle East survey revealed a young, ambitious and hyper-aware generation of employees who are comfortable with the rapid transformation around them. Drawing responses from 521 individuals in KSA and over 1,500 in the region, the survey highlighted prominent themes, including the workforce’s enthusiasm to adopt new skills and positivity around AI and sustainability.
Approximately 67% of respondents in KSA acknowledge that upskilling would help them perform their jobs better in the next five years. This aligns with the Kingdom’s commitment to enhancing and cultivating its workforce’s skills to match the dynamic labour market, while it holds particular importance in the context of megatrends such as emerging technologies and sustainability, which are shaping the future demand of jobs and skills.
A striking three-quarters of respondents in KSA foresee the growing importance of digital skills in their roles over the coming five years, and an impressive 70% expressed confidence in their employers to provide them with the essential resources for enhancing these skills. This emphasises the joint dedication of the Saudi government and the private sector to empower the workforce in the Kingdom with advanced digital skills, thereby elevating their competitiveness.
Survey respondents also signalled a strong focus on green skills, with over 60% acknowledging their significance. This sentiment is in harmony with the Kingdom’s dedication to sustainability, exemplified by initiatives like the Saudi Green Initiatives.
The workforce in KSA exhibits a remarkable optimism towards AI, as respondents expressed their confidence in its potential to enhance productivity and spur job creation. Nearly half of the respondents in the Kingdom (47%) foresee that AI will amplify workplace productivity and effectiveness, compared to only 31% of the respondents globally. Additionally, 36% believe that AI will pave the way for new job opportunities.
In the region, the younger generation, Gen Z, stands out as the most optimistic when it comes to AI, as they display a heightened confidence in their capacity to learn new AI-related skills.
This outlook aligns with the Kingdom’s strategic endeavours aimed at accelerating the adoption of data and AI, aligning the competencies of the labour market with the evolving business landscape.
The Hopes and Fears survey findings provide invaluable insights and actionable steps that business leaders in KSA can implement to drive success, including:
By taking these actions, business leaders in KSA can leverage their motivated workforce’s potential, drive national progress, and position their organisations for sustained success in an ever-evolving landscape.