RE-ALIGN: Preparing tomorrow’s workforce for the Fourth Industrial Revolution

Jamira Burley: Head of Youth Engagement and Skills GBC-EDUCATION - TheirWorld

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A frame work for action: Timeline

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2017 launched the Youth Skills and

Innovation Initiative

2018 Report released “ Preparing

tomorrow’s workforce for the 4ir”

Regionalize –Localize impact

By 2030, more than half a generation of young people will not have the skills needed for the changing global job market.

That is more than 800 million out of 1.6 billion children and young people globally.

That sits as a daunting backdrop to the fact that nearly 50% of the jobs we are training young people for today, will not exist when they

enter the workforce.

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A frame work for action: Our Methodology

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• What work readiness skills are needed?

• What core skills are needed?

• What domain-specific skills are needed?

• Can these models be scaled?

• How can they be scaled for impact?

• How do we address the 1.8 billion young people coming into the workforce between now and 2030??

• What skills are needed and valued in 4IR?

• What is now possible thanks to 4IR?

• Can these models be scaled?

• How can they be scaled for impact?

What new models areemerging?

• Can these models be scaled?

• How can they be scaled for impact?

What are the opportunities for business to make an impact while engaging

youth?

What is the challenge?

What skills are needed in the new world of work?

What current models are working?

How does 4IR changethe game?

• Literature Review• Interviews with Industry Leaders,

Innovators, Global Leaders, Researchers, Non-profits, and Youth

• Focus Groups• Global Survey: 531 participants from 45

countries

Limitations: limited sample size, self-reported nature of information, challenges reaching the “most marginalized populations”

A frame work for action: Challenges

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The report identifies four primary challenges that business leaders and other stakeholders should address within the larger context of youth workforce development:

Reposition discrete and disconnected programs as a systemwide, unified set of approaches

Realign toward achieving both scale and impact, rather than framing solutions as scale versus impact

Reframe the possibilities for marginalized youth, including those who historically have been difficult to reach, with particular attention to women and girls

Reimagine 4IR as a unique opportunity to be welcomed, not a problemto be confronted

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A frame work for action: Skills

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Skill categories PurposeTeaching and training methodology

Workforce readinessTo support youth in finding and securing employment, and succeeding within the workplace

• Team-based • Project-based • Practical application • Experiential • Case simulation • Business exposure • Job shadowing • Mentorship• Coaching

Soft skillsTo support youth as they integrate and collaborate with internal and external workplace stakeholders, such as customers, co-workers, and management

Technical skillsTo give youth technical or domain expertise to perform job-specific tasks

EntrepreneurshipTo support youth in establishing their own business, supporting entry into freelance, contract work, or gig work, and/or developing as a self-starter within a work environment

Lifelong learning:A continuous process of gaining new knowledge and skills as individuals progress through their professional and personal careers

A frame work for action: Recommendations The report makes four key recommendations to drive change, as business accelerates its role:

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Engage in public policyStrategically engage in public policy through dialogue, advocacy, collaboration, and influence.

Develop strong talent strategiesAnalyze current talent strategies—particularly those focused on youth or under-represented populations—and implement best practices to promote inclusivity and innovation, and drive economic return through differentiation.

Invest in workforce skillingEvaluate, invest, and promote workforce training programs that align with your corporate social responsibility goals, talent practices, skill needs, and corporate culture.

Align stakeholders’ objectives and approachesWork with the broader ecosystem to align goals and outcomes for impact.

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A frame work for action: Next Steps 2030

Global Summits

Skills Friendly Cities Initiative

Action Hub

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A frame work for action: Join The Movement

• Make a pledge aligned with one or more of the recommendations outlined in the report

• Agree to sponsor one of our global/regional skill summits

• Lend your voice and share the report with your network

• Become a member

RE-ALIGN: Preparing tomorrow’s workforce for the Fourth Industrial Revolution

Jamira Burley: Head of Youth Engagement and Skills GBC-EDUCATION – TheirWorldJamira@gbc-education.org

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