Technology and globalization are disrupting business models in all sectors, increasing both job destruction and job creation.
However, education and training have remained static for decades, and are largely inadequate for the emerging needs of the economy of the 21st century.
As the fourth industrial revolution unfolds, it will offer new tools that can spread new opportunities, and accelerate economic growth more rapidly than at any point in time.
Lifelong learning will become the new normal. Most education systems were built around educating children, not adults. Regardless of competency, organizations will need to re-skill and up-skill their workforce on an ongoing basis. It’s estimated that 100 million Americans will have to learn new skills by 2030.
Workforce development programs need to grow their prospective student/apprentice community and maintain their outreach to them in order to build a proprietary workforce development pipeline.