System Connections
Education and Skills Transformation Map
Source: World Economic Forum
Education: Specialized, Quality and Innovation
Education: Specialized, Quality and Innovation
- supply and demand gap for in-demand skills
- accelerated, changing skill requirements
- increased need for career advice and guidance
- collaboration between employers, industry groups, education
- inequities in education hinders learning new skills
- innovation in learning/delivery: gamified, personalized, blended
21st Century Curricula, Digital Fluency & STEM
21st Century Curricula, Digital Fluency & STEM
- relevant to modern workplace & develops citizenship values
- cultivate core non-cognitive skills for future economies and job market; reskilling and self-actualization (T-Shape professionals)
- 2016-2026 - fasting growing jobs require math or science; ensure access for all socio-economic groups and gender.
Lifelong Learning Pathways
Lifelong Learning Pathways
- anticipate labor market disruptions
- adaptive re-skilling/gaining new in-demand skills for short and long-term training options for all stages in career path
- nearly 84% of world's talent under age 25 optimized via education and falls to 45% for those over 25
Workforce and Employment Transformation Map
Source: World Economic Forum
Disruption to Jobs/Skills & Inclusive Labor Markets
Disruption to Jobs/Skills & Inclusive Labor Markets
- world of work is changing fast
- proactive talent mgt. strategies - business, gov't, education
- re-skilling: short-cycle courses, on job experience, new projects
- better access to professional networks
- re-configure work/replacement of works due to new technologies
- gender gap: EMC 19%:6%; ICT industries 7%:3%; Google - ageism
Safety Net and New Training/Certification Systems
Safety Net and New Training/Certification Systems
- agile and portable benefit safety nets during transition
- paradigm shift - front-loaded to continuous lifetime re-skilling;
- as much as 14% of global workforce may need to switch occupational categories by 2030 - digitalization, automation, AI
Job Creation, Demographics and Work Models
Job Creation, Demographics and Work Models
- entrepreneurship - creates 200+ jobs; enables scaling up in size
- varying labor market demographics - no single model for talent
- need - updated worker classifications and labor regulations
- by 2027 est. 145+ million Americans "independent workers"