The business world is undergoing an unprecedented rate of change. While core metrics like CEO tenure, shareholding periods, and product inventory levels are stable or slowing, our access to an extensive amount of data — from social media, online browsing, and an increasing number of mobile devices — makes it feel as though things are moving faster. The more information we gain access to, the faster we are able to react, transform, and improve. Companies that do so tend to gain a market advantage, and in turn, the pressure to keep up grows.
How Companies and Governments Can Advance Employee Education
Advice for organizers, speakers, and attendees.
September 24, 2019
Eoneren/Getty Images
Summary.
To close the gap between where education leaves off and the needs of the 21st century begin, some companies and governments are taking a fresh approach to employee education. For fields in which the supply of talent doesn’t meet the demand, reskilling, or helping current employees make career transitions, is an attractive option. Disney, for example, launched CODE: Rosie, an intensive bootcamp that helps female employees learn software engineering skills. Governments are also beginning to take part in employee education. In Singapore, all citizens over the age of 25 receive a $360 USD “Skills Future Credit” that they can invest in education. And in the UK, the Apprenticeship Levy requires employers to set aside funds for hiring apprentices.