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?
New technologies and big data are increasing the demand for skills, including digital skills and high-level cognitive skills. Caribbean private sector can influence the types of skills it needs from its workforce and play an active role in increasing productivity and competitiveness in the region – and globally. Evidence suggests that low skills in the workforce make it … [Read more...] about Developing skills for new technologies in the Caribbean
Global labor market systems are undergoing big changes, most driven in part by the Fourth Industrial Revolution. The scope of these changes has driven a debate on the most effective ways to up-skill and re-skill the global workforce. This is particularly important with the emerging need for new digital skills that holds the promise of successful career transitions in the face … [Read more...] about Career Pathway Frameworks and the future of work
In part 1 of this blog we discussed how automation, artificial intelligence, machine learning, and other technologies are transforming the workplace and shifting the demand for skills around the world. In part 2 we will zone in on the Caribbean situation and look at how countries in the region are responding to the global demand for a new type of labor. Jamaica leading the … [Read more...] about If you can’t measure it, you can’t improve it: ensuring quality education and training to ride the digital wave (Part 2)