We have to prepare youth for the future, from a skills perspective, and from an inclusion perspective.
RBC President & CEO Dave McKay
Technology Doesn’t Replace People
When it comes to automation changing the nature of (some) jobs, technology should be embraced and not feared. There are many things machines can’t do, such as communication, critical thinking, complex problem solving and social perceptiveness. “Technology is not a job stealing, it’s job enhancing – it’s freeing up your time to use your human skills to devise new processes, and create community that can’t be done via technology,” said Thirty Bench winemaker Emma Gardner, who was joined by John Peller, CEO of Peller Estates. The winery is using innovative technologies such as drones and heat maps, empowering the winemakers and producing better wine. Gardner uses her smartphone to track and harvest important data from their precious vineyards, such as wind speed, water saturation and vine health. “We are overwhelmed with data and it’s helping us be smarter and make decisions more quickly,” said Peller. He points out that machines don’t make wine, they help people make better wine.Always Embrace Learning
One question Peller asks his employees is, “are you learning as fast as this world is changing?” He believes in creating a culture of learning and growing as a team. This means more co-op placements with local post-secondary institutions, team collaboration, communication and leadership development. “Drawing all those things together is what will keep a company successful in the future,” he said. At Guelph University’s Arrell Food Institute, students learn entrepreneurship first-hand by building businesses from scratch, and gain workplace relevant, team-based, training experience that cannot be taught in the classroom. “It’s an experimental space, and gives people the full skills portfolio of what they need in the workforce,” said Evan Fraser, the Institute’s director. Leah Blechscmidt, a Masters Candidate and one of the student entrepreneurs at Arrell, is a firm believer that everyone should take marketing and business classes to further develop their communication skills, to sell their ideas. “It’s definitely an extension of our studies, as it gives us the opportunity to really apply the skills we’ve learned and develop new ones we wouldn’t otherwise have – it’s not every day you get the opportunity to start a business,” she said.Focus on Communication
“All business is a human sport,” said Peller. Arrell Food Institute students work in inter-disciplinary teams, gaining valuable interpersonal, critical thinking and project management skills. The caregivers at Saint Elizabeth, which has a 9,000-strong workforce, act as coaches rather than directors into their patients’ health. Nurses used to be the main holders of information, informing patients on their conditions. Nowadays, information is easily found online. “We’re not telling anybody about their disease – we’re sometimes translating it and interpreting it for them. We’re certainly not providing care to people, we’re providing together care, in a partnership,” said Shirlee Sharkey, CEO of Saint Elizabeth. “I’m not just a nurse, I’m a caregiver, a shoulder to lean on and a social worker,” said Felicia Kontopidis, a registered nurse with Saint Elizabeth.Credentials Aren’t Enough
It used to be that credentials alone were enough to land you that dream job, but not anymore. “I now look at credentials as the minimum requirement,” said Sharkey. When hiring, Saint Elizabeth looks for comfort to work independently, the ability to multitask and incredible organizational skills. “We’re bringing in and testing for those competencies well above and beyond credentials. We need to create the future and future proof the organization and our talent – or else we’re going to have a huge wake up call,” she said. To hear more from our three sets of guests, subscribe and listen to our episodes of the RBCDisruptors podcast, available on Soundcloud and iTunes.This article is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. The reader is solely liable for any use of the information contained in this document and Royal Bank of Canada (“RBC”) nor any of its affiliates nor any of their respective directors, officers, employees or agents shall be held responsible for any direct or indirect damages arising from the use of this document by the reader. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates. This document may contain forward-looking statements within the meaning of certain securities laws, which are subject to RBC’s caution regarding forward-looking statements. ESG (including climate) metrics, data and other information contained on this website are or may be based on assumptions, estimates and judgements. For cautionary statements relating to the information on this website, refer to the “Caution regarding forward-looking statements” and the “Important notice regarding this document” sections in our latest climate report or sustainability report, available at: https://www.rbc.com/our-impact/sustainability-reporting/index.html. Except as required by law, none of RBC nor any of its affiliates undertake to update any information in this document.