"Aki Ito, Business Insider: The thing I worry about the most is how AI is impacting young people at the entry level at this moment. I want to bring this to you, Elizabeth, because I think very few industries train new college grads in such massive numbers the way that management consultancies do. Of course, you guys did this because you needed the sheer labor to do all of the financial modeling and the PowerPoint creating."
"But it also had the added benefit of creating this amazing pipeline for middle managers and senior leaders down the road. Now that there's this recognition that maybe we don't need so many 22-year-old junior analysts, how are you balancing that short term need to create the most lean organization possible with the need to maintain a pipeline for your future leaders?"
"Elizabeth Faber, Global Chief People & Purpose Officer at Deloitte: Very carefully. This is something that I spend a lot of my waking hours thinking about, like many of us here. Deloitte and many of our peers will remain human-led and technology-powered. We are a people business, and a professional services organization will continue to be led by people, but working very closely with technology. We're very optimistic about the opportunities that AI and emerging technology provides for growth for our people."
AI is reshaping entry-level roles and altering traditional talent pipelines that previously relied on large cohorts of junior hires. Organizations are reassessing the need for high volumes of junior analysts who performed routine modeling and presentation work. Companies plan to remain human-led while leveraging technology, pairing people with tools to drive growth. Leaders emphasize careful, intentional navigation of AI's impact to preserve leadership development pathways. New business models and roles are expected to emerge, creating alternative avenues for experiential learning and future leadership despite reductions in certain entry-level tasks.
Read at Business Insider
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