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October 2016
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Continuous Training To Close Skills Gap

Tuesday, October 4, 2016

Today’s organizations simply aren’t keeping up with the pace of the economy. Keeping a workforce relevant has become a massive undertaking, not only for corporations, but for the educators tasked with training current employees. Change is now measured in weeks and months, rather than years, and traditional learning systems simply can’t keep up. This is why corporations and higher education need to embrace the concept of continuous learning. This is especially true when Millennials are taken into account. Workers aged 18 to 30 have the highest levels of unemployment and tremendous levels of underemployment. Even those with advanced degrees from prestigious institutions are finding it difficult to land entry-level jobs. So what’s the solution? Skills training. According to a recent McKinsey study, young recruits must now have more than five times the number of skills required of their counterparts in 2009 to land a job. Because of this, a number of organizations are now offering tools to help employees gain new skills in an accelerated fashion. These systems are more focused on daily learning in quick bursts, and aim to keep employees ahead of the curve. 

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