THE NEED FOR FUTURE SKILLS
As a host of emerging technologies change the future of work, a massive disruption is facing the IT-ITES industry today. Of the 4.5 m people employed in the industry today, 1.5 -2 m are expected to require reskilling in the next 4-5 years. A decoupling of revenue and headcount growth is visible even today and employers and employees need to adapt themselves to the changing job environment of technological shifts and changing stakeholder expectations. The problem is too large to be handled alone. It needs a collaborative industry-level response. With future skiils as the enabler, IT-ITeS Industry has stepped up to the challenge with the FutureSkills Initiative – a truly industry-driven learning ecosystem.
What is needed?
So what skills should workers be acquiring to make sure they have value as the Fourth Industrial Revolution gathers pace? Some may be surprised to learn that the skills we develop in pre-school will be valued highly.
David Deming, associate professor of education and economics at Harvard University, argues that soft skills like sharing and negotiating will be crucial. He says the modern workplace, where people move between different roles and projects, closely resembles pre-school classrooms, where we learn social skills such as empathy and cooperation.
Deming has mapped the changing needs of employers and identified key skills that will be required to thrive in the job market of the near future. Along with those soft skills, the mathematical ability will be enormously beneficial.