Mind the (Skills) Gap
Periods of unemployment and gaps in work are usually looked down upon by companies.
These periods can be opportunities to gain new skills and refresh old ones. Unemployment benefits can include training and professional development, helping people who are out of job, adapt and get employed.
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As more workers move into the gig economy, they will need to self-direct their learning and decide what knowledge they’re missing, where to acquire it, and how to fit learning into daily rou...
The demand grows for a new learning ecosystem that offers cheaper and more accessible learning when compared to the traditional educational programs.
Workers are demanding “plug and play” platforms that enable access to smaller bites of just-in-time education throughout their careers.
The workplace is changing at an alarming pace, and so do the skills needed to keep up in most jobs. Also, the emergence of the gig economy is reshaping the traditional employer-employee relationship as more contractors fill roles once reserved for full-time workers.
It’s key for employees to get training and develop new skills throughout their work life in order to keep up with changes in the workplace.
“The biggest risk is not taking any risk. In a world that is changing really quickly, the only strategy that is gu..."
Millennials expect to be developed via opportunities, mentoring, and stretch assignments. However that is hard to come by in top-heavy companies.
Most millennials think their roles provide little development while most companies report they have excellent or adequate programs for Millennials.
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.