By 2020, 35% of the skills that are in-demand by the labor market is going to see a drastic change. Training systems and the education sector must stay up-to-date with the ongoing scenario that is taking place in the industry today. These changes are inevitable as we witness technological disruption and demographic changes which is why there’s a shift in business models.
Did you also know that businesses committed to reaching 17.2 million people and beyond by helping them get trained, reskill and upskill by the year 2020? As a result, this exceeds the goal of having 10 million people reskill by 2020 – The World Economic Forum Annual Meet, 2018. Every business will commit towards making an impact to bridge the current skill gap, reshape the ongoing education sector and reshape the coming future.
Through workforce certification programs, many professionals of today’s workforce will be able to upgrade themselves and stay job-ready. Learning newer skills and technologies is mandatory to beat the odds in the current workforce.
For instance, there’s this project that aims towards shaping the future of education and work. The project named “Shaping the Future of Education, Gender and Work System Initiative,” by the World Economic Forum is on a verge to creating a global as well as national platform that will help address the current skill gap and retrain the workforce making them future-ready. According to this project, it normally works at three levels.
1. Country implementation deep-dives
This takes place at the national level where Closing the Skills Gap Task Forces offers a platform for stakeholders to collaborate in order to close the skill gap and help prepare the workforce for the future. Doing so leads to the association of different business leaders, civil society, education, training sectors, and government come together in efforts to accelerate reskilling and upskilling the current workforce to future proof the national education and training systems.
2. Global and regional knowledge exchange
Being at the global level, informal Global Alliance for Closing the Skills Gap offers a platform for leaders, government and education sector and trainings sectors from all across the world to come together and build consensus, share ideas together identifying best practices to help close the skill gap.
3. Global business commitments
Skilling, reskilling and upskilling has become a transparent move to address the current flux in the job market. And with businesses moving towards adoption of new and unique technologies, it can be a win-win situation both for the business as well as the workers.
With globalization and technology disrupting the way we work; workforce certification is proven valuable to take a plunge into the transition.
Professionals and technology experts can get ahead of us by acting promptly today.
Nothing can be as exacerbating as to be left out without skills. To stay relevant and in-sync with how the industry works today, it is crucial that one should upgrade themselves to remain future-ready.