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Successfully combining mathematical and interpersonal skills will be the gateway to many rewarding opportunities.
Along with mathematical ability, soft skills, like empathy and cooperation, will be crucial as people move between different roles and projects. On the other hand, opportunities for single-skillset jobs will decline.
“Without urgent and targeted action today, to manage the near-term transition and build a workforce with future-proof skills, governments will have to cope with ever-growing unemployment and inequality, and businesses with a shrinking consumer base.”
Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.
Automation will do away with most existing jobs but it will also create new ones. Retraining in a massive scale will be necessary.
In particular, manual laborers are at risk of unemployment in the absence of retraining, as the new jobs will be in more specialized areas. Governments and employers in every sector are being urged to retrain and re-skill workers to avoid a crisis.
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Esteban Bullrich, Argentinian Minister of Education, believes the future work market will be much more dynamic than today’s.
A country-wide survey of almost 900 companies indicat...
Belinda Parmar, Chief Executive Officer of The Empathy Business, believes companies will seek leaders who are able to help them rebuild the empathy we’ve lost with technical, linguistic and mathematical skills, and can understand the information that will continue to emerge. This will require a new kind of “data literacy”, which will be in short supply, and therefore one of the most important skills of tomorrow.
Vikas Pota, Chief Executive of Varkey Foundation, believes the jobs that won’t be automated will be those that require abilities like empathy (persuading and working well with others), a positive attitude (relearning and restudying) and resilience. These “soft” skills are hard to teach, thus there will be demand great teachers.
Also, automation will cause the skills needed by the economy to change which makes it impossible to predict which “hard skills” will be necessary.
As the Fourth Industrial Revolution automates most tasks and expands new fields of knowledge, the skills required in the work market will change.
Creativity and emotional intelligence ...
By 2030, up to 30 to 40 percent of all workers in developed countries may need to move into new occupations or upgrade their skill sets. Skilled workers in short supply will become even scar...
The pace and scale that technology disrupts is a social, political and business challenge.
Employers are best placed to make a positive societal impact, for example, by upgrading the abilities of their employees and equipping them with new skills. Employers will also reap the greatest benefit if they can successfully transform the workforce in this way.
Talent is the largest barrier to the successful implementation of new strategies.
Many leading businesses realize that it is quicker and more financially prudent to look internally and develop the talent they already have. Yet only a third of global executives report that their organizations have launched any new reskilling programs.