What are the factors affecting the digitalization of the labor markets and the widening skills gap? One + one (1+1) is not equal to successful digital transformation. Performance and cost are two key drivers of technological development. As transistors increasingly fit into smaller spaces, processing power is increased and energy efficiency improved, all at a lower cost for … [Read more...] about Successful digital transformation: It’s not just about technology…
As countries keep struggling to overcome the effects of the pandemic, women continue to be among the most affected – both at home and at work. The barriers women face in the workplace are already well-documented, and there’s mounting evidence that this is getting worse. Many women who have held onto their jobs have found their work and parenting responsibilities all but … [Read more...] about An new industry-wide approach to promoting female employment
It is not often that one comes across an industry that constantly self-introspects for growth; that recognizing that it is evolving, seeks to have a clear vision of where it is going. The growth of a sector, in most cases, is seen to be the responsibility of governments. But in reality, it depends on the ecosystem in which it operates. Interesting results are obtained when a … [Read more...] about How can a human-centered approach support an industry upgrade?
As the Fourth Industrial Revolution unfolds, companies have begun to harness new and emerging technologies to reach higher levels of efficiency of production and consumption, expand into new markets, and compete for a global consumer base. These changes are causing huge shifts in the existing skill requirements for workers; and the demand for higher cognitive, technological, … [Read more...] about Supporting technology adoption through Sector Skills Councils
New technologies are rapidly changing the skills and abilities that are required in the workplace. By 2020, it is estimated that a quarter of the global workforce will have to look for a new job or radically expand their profiles to include digital and foundational skills. In the Caribbean, this challenge is pressing because some of the key sectors in economies like Jamaica and … [Read more...] about What role do employers play in developing skills for the future of work?