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Why reskilling won’t always guarantee you a new job
Realism About Reskilling
The push towards reskilling is not a scam, but merely a misalignment of incentives and a myopic focus on ‘skilling’, which does not shine a light on the numerous other factors that prevent people from getting new jobs, or keep them stuck in dead-end jobs:
- Lack of interoperability between organisations for employer health or retirement plans.
- Lack of decent-paying entry-level jobs.
- Logistical and commuting issues of the employee.
- Lack of guidance and support to laid-off employees from the industry.
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Key Ideas
The future workforce
In the future, change is the only certainty.
Workers, employers, and education providers need to be agile, flexible and prepared to adapt as technology continues to interrupt industrie...
Education vs training
Until two decades ago, the general goal of colleges was for academic pursuits and teaching individuals to become more well-rounded. The general thought was that colleges were not vocational institutions.
Now, and possibly in the future, colleges will have to focus more on training and change their curriculum to meet the demands of employers.
Alternatives
A four-year college education remains the best choice for those who can get admitted to a selective university. But for everyone else, an alternative path might be the best way to go.
In the future, one training path will be company-sponsored apprenticeship programs to cover the skills missing between the secondary system and what employers are looking for.
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Key Ideas
The era of problem-solving generalists
From an era of specialized workers having expertise in one particular activity, the professional world has slowly moved towards problem-solving generalists. Workers are asked to don differe...
The pursuit of mastery
Mastery, once a sought-after attribute, is falling out of favour, according to the 2016 World Economic Forum report, and is slowly clearing the field for employees who can:
- Have a diverse set of skills.
- Can display the mental agility to switch between tasks.
- Are able to pivot towards a new problem or activity.
- Can take on a variety of roles at a short notice.
Expertise decline consequences
With the value of true expertise in serious decline, and the economy evolving towards a different set of requirements from employees, the impact on college education, career paths, worker safety, employability and even the nature of work is going to be profound.
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Key Ideas
Personalized Career Pathing
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 Shifting Nature Of Education
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 Modern Workplace
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.