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January 22, 2020

The World Economic Forum launches Reskilling Revolution, an initiative to provide one billion people with better education, skills, and jobs by 2030.

World Economic Forum

Photo: Impressions during the Creating a Sustainable Business Culture session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 21 January. Ameron Swiss Mountain Hotel, Symondpark. Image provided by & Copyright © World Economic Forum/Faruk Pinjo.

World Economic Forum

Photo: Pierre Hubbard, General Secretary, Trade Union Advisory Committee (TUAC) to the OECD, France, speaking in the Humans behind Machines at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 22 January. Congress Centre - Sanada. Image provided by & Copyright © World Economic Forum / Manuel Lopez.

World Economic Forum

Photo: Ivanka Trump, Assistant, and Adviser to the President of the United States speaking in the Press Conference: Reskilling Revolution: Better Skills for a Billion People by 2030 at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 22 January. Media Village - Press Conference Room. Image provided by & Copyright © World Economic Forum/Sikarin Fon Thanachaiary.

World Economic Forum

Photo: Sundar Pichai, Chief Executive Officer, Google, USA, speaking in the An Insight, An Idea with Sundar Pichai session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 22 January. Congress Centre - Aspen 1 Room. Image provided by & Copyright © World Economic Forum/ Greg Beadle.

World Economic Forum

Photo: Deepika Padukone, Founder, Live Love Laugh Foundation, India; Cultural Leader, speaking in the “An Insight, An Idea with Deepika Padukone” session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 21 January 2020. Image provided by & Copyright © World Economic Forum / Boris Baldinger.

World Economic Forum

Photo: Queen Máxima of the Netherlands, speaking in the High-Level Panel on Africa session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 21 January. Congress Centre - Congress Hall. Image provided by & Copyright © World Economic Forum/Mattias Nutt.

World Economic Forum

Photo: Paul Collier, Professor of Economics and Public Policy, Blavatnik School of Government, University of Oxford, United Kingdom, speaking in “The Future of the Corporation” at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 21 January. Congress Centre - in Spotlight Room. Image provided by & Copyright © World Economic Forum/Jakob Polacsek.

World Economic Forum

Photo: Impressions from the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 20 January. Image provided by & Copyright © World Economic Forum / Valeriano Di Domenico.

Davos, Switzerland, Wednesday, 22 January 2020 - The World Economic Forum today launched Reskilling Revolution, a multistakeholder initiative aiming to provide better education, new skills, and better work to a billion people around the world by 2030.

The Reskilling Revolution platform would prepare the global workforce with the skills needed to future-proof their careers against the expected displacement of millions of jobs as a result of technological change. It would also provide businesses and economies with the skilled labor needed to fulfill the millions of new roles that will be created by the Fourth Industrial Revolution, shifts in the global economy, and industrial transitions towards sustainability.

“The best way to foster a more cohesive and inclusive society is to provide everybody with a decent job and income. Here in Davos, we are creating a public-private platform to give one billion people the skills they need in the age of the Fourth Industrial Revolution. The scale and urgency of this transformation calls for nothing short of a reskilling revolution,” said Klaus Schwab, Founder, and Executive Chairman, World Economic Forum.

• National and industry transformation

To effect such systems-wide change, Reskilling Revolution will serve as a platform for connecting and coordinating individual initiatives within specific countries, industries, organizations, and schools. At the country-level, the governments of India, Oman, Pakistan, the Russian Federation, the United Arab Emirates Denmark, and Singapore would support the Reskilling Revolution.

In the private sector, several companies are already taking coordinated action on workforce transformations through cross-industry collaborations involving business, trade unions, and the training sector. These industry accelerators include Advanced Manufacturing; Aerospace; Aviation, Travel and Tourism; Consumer; Financial Services; Media, Entertainment and Information; Mining and Metals; Oil and Gas; and Health and Healthcare.

• Founding partners, initiatives and coalitions to reach 250 million people

Together, founding partners’ initiatives and coalitions already signed up to the Reskilling Revolution have the capability of reaching 250 million people worldwide. The Reskilling Revolution Platform will enable these coalitions and future business-led initiatives to create system-level change or to be scaled up through replication by other organizations.

Founding business pledges include:

• The Adecco Group aims to support 5 million workers through upskilling and reskilling globally by 2030. The Group’s General Assembly business will play a vital role as a founding member of the Skills Consortium of online training and learning providers, as part of the Reskilling Revolution initiative. The Adecco Group Foundation will contribute as a founding partner to the HR Valley initiative - a hub of human capital management learning.

• Coursera Inc. will be a data partner and a founding member of the Skills Consortium of online training and learning providers hosted by the Reskilling Revolution. It has committed to upskilling 10 million global workers by 2030 in high-demand domains of Data Science, Technology, Business, and Soft skills.

• Infosys is expanding computer science and maker education to K-12 students and teachers across the US, especially among under-represented communities, and will become a founding member of a Skills Consortium of online training and learning providers hosted by Reskilling Revolution.

• LinkedIn will be a data partner for the Reskilling Revolution initiative. Manpower Group’s MyPath is enabling hundreds of thousands of people to access high-growth roles by providing accelerated upskilling, on-the-job training, and certification.

• PwC and its New World. New Skills. The program will deploy skills to support public-private collaborations through the Reskilling Revolution. It will also help clients prepare their workforces for the digital world, upskill each of its 276,000 people and scale up its community programs, particularly in areas where there is an acute need.

• Salesforce has committed to help train 1 million people with relevant skills and reach 10 million active users on Trailhead, Salesforce’s free online learning platform, within the next five years. Through workforce development initiatives, including Trailhead Military, FutureForce, and the Pathfinder Program, all powered by Trailhead, anyone can skill-up to learn in-demand skills and earn credentials to land a top job in tech.

“The United States is a leading example of when the public and private sector comes together to prioritize workers. The Trump Administration would change one billion lives by 2030 through this Reskilling Revolution through its Pledge to America’s Workers,” said Ivanka Trump, Assistant, and Adviser to the President of the United States.

“We are excited to partner with the World Economic Forum through the Reskilling Revolution initiative. As the availability of digital talent continues to be one of the greatest barriers for enterprises to transform, organizations need to nurture a culture that enables talent - across disciplines and skills - to benefit from a continuum of lifelong learning that prepares them for the future of work. We are keen to help drive the transformation”, said Salil Parekh, Chief Executive Officer, and Managing Director, Infosys.

The World Economic Forum’s Reskilling Revolution Platform for Shaping the Future of the New Economy and Society provides the opportunity to advance prosperous, inclusive, and equitable economies and societies. It focuses on co-creating a new vision in three interconnected areas: growth and competitiveness; education, skills and work; and equality and inclusion. Working together, stakeholders deepen their understanding of complex issues, shape new models and standards and drive scalable, collaborative action for systemic change.

Over 100 of the world’s leading companies and 100 international, civil society and academic organizations currently work through the Platform. They promote new approaches to competitiveness in the Fourth Industrial Revolution.

|GlobalGiants.Com|


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Edited & Posted by the Editor | 1:58 PM | Link to this Post






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