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December 09, 2016
Digital Technology Discussions at Davos
By: Alex Pham, an INSEAD MBA student who attended the 2016 World Economic Forum Annual Conference in Davos, as part of his Accenture Strategy internship.

During my MBA studies at INSEAD, I was lucky enough to participate in the Accenture Strategy internship program. I had the opportunity to explore how digital technology is transforming the labor marketplace as part of the Digital Transformation of Industries (DTI) report, which was to be presented at the prestigious 2016 World Economic Forum (WEF) at Davos.

It was great to get a glimpse into the inner workings of Accenture. Apart from the extraordinary opportunity to go to Davos, one of the highlights of the project was being able to work closely with the Accenture team. It was interesting to hear about their experiences and about the opportunities available within the company. This invaluable perspective gave me an insight into what a career at Accenture Strategy would actually be like.

A key topic for review

During the project, my research investigated the impact of technology on society — specifically, on jobs and the environment. I put together several case studies on ways companies and countries could train their workforces to be more resilient and dynamic in the face of change caused by new technology. I think it’s important to give workers the support they need to succeed in a workplace that’s changing — a workplace that’s likely to look very different from what we see now over the course of the next few decades.

One of the biggest issues we’re facing at the moment, and an important topic of discussion at the WEF, is how to make sure a company’s workforce has the right skills. It can be difficult to attract fresh graduates that have a particular skill that’s needed within an organization at that moment, whereas existing employees may not have the skills that have become necessary over time.

At Davos, other key topics included Industry 2.0 or 3.0, which is a new way of approaching industrial production to combine the latest practices and technology on a deeper level. Also, the question of the international global order was very prominent. Accenture’s presentations mainly focused on the ways companies could use technology to improve efficiency on a large scale. This included the overall impact of technology on society and on internet platforms. One key takeaway that emerged was the need to concentrate on how technology fits into the global picture not only in the future, but also right now.

The Digital Transformation of Industries initiative in an incredible piece of work, and it was amazing to be part of the Accenture Strategy team that put it together. I’ll certainly take the things that I learned, and the skills I developed as part of my internship with Accenture Strategy, with me throughout my career.

Learn more about our Accenture Strategy MBA careers here

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