Weathering the skills storm

As regions worldwide experience economic, social and political disruption, public uncertainty has risen dramatically. Fueled by continued technological advances, traditional industry value chains and business models are morphing in unexpected ways and destabilizing traditional job roles. Employers are increasingly crippled by a workforce whose skills have not kept pace with changing requirements. If left unresolved, the global skills shortage will have profound effects on individuals and economies worldwide. How can business, education and government leaders work together to deepen the talent pool and equip the workforce with the skills today’s organizations need?

Study highlights

60% of executives struggle to keep workforce skills current and relevant in the face of rapid technological advancement.

Only 55% of leaders believe the current education system in their country provides programs to ensure lifelong learning and skills development.

55% of leaders believe inadequate investment from private industry is the most fundamental challenge in addressing skill development issues.

About the authors

Mike King

Mike King
Global Education Industry Vice President,
IBM Sales and Distribution

Anthony Marshall

Anthony Marshall
Research Director, IBM Institute for Business Value.

Dave Zaharchuk

Dave Zaharchuk
Global Government Industry Leader,
IBM Institute for Business Value

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