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Towards a reskilling revolution: Industry-led action for the future of work

As the Fourth Industrial Revolution impacts skills, tasks and jobs, there is growing concern that both job displacement and talent shortages will impact business dynamism and societal cohesion. A proactive and strategic effort is needed on the part of all relevant stakeholders to manage reskilling and upskilling to mitigate against both job losses and talent shortages.

Through the Preparing for the Future of Work project, the World Economic Forum provides a platform for designing and implementing intra-industry collaboration on the future of work, working closely with the public sector, unions and educators. The output of the project’s first phase of work, Towards a Reskilling Revolution: A Future of Jobs for All, highlighted an innovative method to identify viable and desirable job transition pathways for disrupted workers. This second report, Towards a Reskilling Revolution: Industry-Led Action for the Future of Work, extends the WEF's previous research to assess the business case for reskilling and establish its magnitude for different stakeholders. It also outlines a roadmap for selected industries to address specific challenges and opportunities related to the transformation of their workforce.

Sources

Other sources

Specify Source

World Economic Forum

Regions

Global

Knowledge Products

Research papers and syntheses

Sub Knowledge Products

Report

Issues

Anticipating future skills needs

Subject Tags

Skills anticipation
information and communication technologies
globalization
Skills upgrading

Publication Date

01/2019
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