AI JOB EXPOSURE — IMPACT × FAVES — INSTITUTIONAL CONSTRAINT ANALYSIS

Kelly Partners Group Holdings (ASX: KPG)

Executive Team AI Exposure Dashboard — 6 Leadership Roles × 74 Tasks

Revenue: A$135M (FY25, +24.5%) Market Cap: ~A$450M Practices: 37 across 36 locations Clients: 23,000+ SMEs Generated: 17 March 2026

Executive Team Exposure Summary ?

Automate Now
4.1%
3 of 74 tasks
Augment (Human + AI)
63.5%
47 of 74 tasks
Convenience Pool
6.8%
5 of 74 tasks
Human Fortress
25.7%
19 of 74 tasks

Key Finding — The Institutional V-Score Cliff

Kelly Partners is the portfolio's cleanest illustration of the Institutional constraint. Tax compliance tasks score F=4, A=5, S=5 — AI can draft every return, parse every receipt, and compute every deduction. But V=1 across all sign-off tasks, because the Chartered Accountant who signs carries personal legal liability under the Tax Agent Services Act and Corporations Act. This single FAVES dimension — consequence volatility — drags 63.5% of all executive tasks into the Augment quadrant. The technology is ready; the regulation isn't. KPG's Automate Now (4.1%) is virtually identical to GenusPlus (4.0%, an infrastructure company), despite operating in a completely different sector. The binding constraint has shifted from physics to law.

The Sign-Off Paradox

Paul Kuchta and Ada Poon — both practising Chartered Accountants and Executive Directors — show 0% Automate Now and 75%/60% Augment respectively. AI can prepare a client's entire tax return, BAS, and SMSF compliance pack. But the moment someone clicks "lodge" with the ATO, a licensed professional must have verified the output. This is not a technology problem — it's a regulatory architecture problem. Until the ATO and ASIC create frameworks for AI-verified compliance (as APRA has begun exploring for banking), the Human Fortress in professional services is defined by statute, not by capability.

Exposure by Role

Group Quadrant Distribution

3-Way Portfolio Contrast

GenusPlus (Atoms): AN 4.0% | AUG 60.0% | HF 33.1%. WiseTech (Bits): AN 9.9% | AUG 58.5% | HF 22.5%. Kelly Partners (Institutional): AN 4.1% | AUG 63.5% | HF 25.7%. The Augment zone dominance (~60%) is now confirmed across all three constraint types. Executive work is fundamentally about judgment regardless of whether your constraint is concrete, code, or compliance. The differentiation is entirely in the tails — and in why the fortress exists.