Preparing for the ‘New’ Future of Work | Sustainable Development Summit 2021

TL;DR

• Discussions on the transformative impact of the pandemic on work, upskilling approaches, and global workforce trends.

Transcript

hello and a very very warm welcome to this discussion which is a key part of the world economic forum sustainable development impact summit my name is sally bundock and i'm going to be steering you through this session and it's absolutely jam-packed we've got some fantastic contributors all lined up to share their skills and expertise just to tell ... Read More

Key Insights

• 💦 COVID-19 accelerated the shift towards tech-enabled work, emphasizing the need for upskilling across industries.
• 👨‍💼 Collaboration between government agencies, businesses, and educational institutions is crucial in developing effective upskilling strategies.
• 🐕‍🦺 Incentives, signposting programs, and support services are essential to motivate individuals to engage in reskilling.
• 🥐 Educational institutions must realign curriculum, utilize technology, and create an ROI on education costs to address the evolving needs of the workforce.

Questions & Answers

Q: Who is responsible for developing skills - employer or individual?

Both employers and individuals share responsibility for skills development, along with government support and educational institutions aligning curriculum with workforce demands.

Q: How can we encourage people to want to reskill?

Incentives like skills credits, signposting available opportunities, and providing support through career coaches and skills ambassadors can motivate individuals to engage in reskilling efforts.

Q: How has technology accelerated the need for upskilling?

The pandemic has highlighted the importance of technology in work, requiring individuals to acquire tech-enabled skills across various industries for future employability.

Q: What role do educational institutions play in upskilling efforts?

Educational institutions need to realign their curriculum with industry demands, utilizing technology for on-demand learning, personalized support, and creating an ROI on education costs.

Summary & Key Takeaways

• Sally Bundock moderates a discussion at the World Economic Forum on the impact of COVID-19, climate change, and automation on the future of work.

• Panelists from PwC, Chegg, and SkillsFuture share insights on upskilling and reskilling strategies for post-pandemic workforce needs.

• Key topics include the role of government, businesses, and individuals in fostering skills development and adapting to technological advancements in the workforce.