The Fourth Industrial Revolution is transforming the type of work people do, and how it is done. While 4IR offers new opportunities, many of today’s 1.8 billion youth worldwide youth stand to be left behind.
To address this issue, Deloitte and the Global Business Coalition for Education have co-authored a new research study, which examines the skills young people will need in the future, and recommends solutions for business to help them succeed.
The report, Preparing tomorrow’s workforce for the Fourth Industrial Revolution. For business: A framework for action, calls on the business community to take a more proactive role in preparing today’s youth to ensure they are ready to become the workforce of tomorrow.
The report highlights opportunities for the business community to contribute, focusing on “how to” best practices to reach and support youth globally. It offers four key recommendations for the business community to address these challenges:
- Align stakeholders’ objectives and approaches: Work with the broader ecosystem to align goals and outcomes for impact.
- Engage in public policy: Strategically engage in public policy through dialogue, advocacy, collaboration, and influence.
- Develop promising talent strategies: Analyze 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 strategically in workforce training approaches: Evaluate, invest, and promote workforce training programs that align with corporate social responsibility goals, talent practices, skill needs, and corporate culture.
What actions should businesses prioritize to help bridge the youth skills gap? Click on the link below to download the report and find out more.
Download the report Preparing tomorrow's workforce for the Fourth Industrial Revolution.
WorldClass
Preparing tomorrow’s workforce for the Fourth Industrial Revolution supports Deloitte’s organization-wide ambition to empower 50 million people to succeed in the rapidly changing global economy by 2030. Through WorldClass, Deloitte is committed to applying its core skills, experience, and global reach to prepare today’s students and workers for tomorrow’s economy. The report will help to accelerate Deloitte’s impact and encourage collaboration around the world.
Find out more about Deloitte New Zealand's Social Impact Practice here.
Get in touch
Adithi Pandit
I lead our Strategy & Business Design practice and our social innovation and impact services in New Zealand. My focus areas are operating model change, transformation of social services and human centred design. I help organisations transform their business through changes to people, process and technology – and to do this in a way that is collaborative, innovative and truly customer-centric. My passion is for bringing together individuals and organisations to address ‘wicked problems’ at multiple levels: changing systems to transform outcomes, redesigning services to be simpler and generate better outcomes, and shifting mind sets to focus on growth, innovation and impact. My work has included leading large scale organisation change with my clients, including redesign of social housing services, welfare payment services, accident compensation services and child care and protection services – through the stages of the design, prototype and implementation.