Skilling the Global Workforce | DAVOS AGENDA 2021

TL;DR

Experts discuss workforce skilling trends, challenges, and solutions post-pandemic, aiming for equitable upskilling opportunities.

Transcript

hello and welcome to this world economic forum session on skilling the global workforce it would have been fantastic for all of us to be physically in davos at the world economic forum uh but this is the way it is in a pandemic stricken world which has changed not just how we also change the skills required to bring the session alive and that exten... Read More

Key Insights

• ❓ Governments must strategically sequence financial support to include reskilling efforts for a sustainable economic recovery.
• 🔬 Employers should invest in reskilling to retain competitive advantage and minimize layoffs, contributing to workforce transformation.
• ♿ Access to educational and training opportunities is crucial for addressing inequalities and ensuring equitable upskilling.
• 🧔‍♀️ Gender disparities in skilling opportunities require tailored programs and role modeling to empower women in STEM fields and other industries.
• 🛄 Lifelong learning platforms like the Reskilling Revolution aim to reach 1 billion individuals by 2030, focusing on tailored industry-specific programs.
• 🦻 A global skills taxonomy initiative aids in aligning public-private-education sector language for effective skills qualification.
• 🏣 Equitable upskilling efforts are essential to mitigate post-pandemic workforce disruptions and drive economic growth.

Questions & Answers

Q: Who bears the responsibility for facilitating reskilling and upskilling efforts?

The responsibility lies with individuals, companies, and governments, requiring a collective approach for effective lifelong learning programs.

Q: How can companies like Infosys contribute to government initiatives for upskilling the workforce?

Companies like Infosys can offer their skilling platforms and expertise to support government-led initiatives, ensuring broad access to upskilling opportunities for all.

Q: What role does Singapore play as a case study for equitable skilling practices?

Singapore focuses on role modeling, systemic programs, and strategic industry collaborations to ensure equitable skilling opportunities across gender and educational levels.

Q: How can the workforce ensure gender equity in reskilling and upskilling efforts?

Building inclusive programs, promoting role models, and addressing societal biases can help bridge gender gaps in access to upskilling opportunities.

Summary & Key Takeaways

• World Economic Forum session on workforce skilling trends and challenges post-pandemic.

• Experts address the need for ongoing lifelong learning and strategic governmental support.

• Emphasis on equitable access to upskilling opportunities for all demographics.