astra domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/studyfoxx/public_html/proactivetraining.com.au/news/wp-includes/functions.php on line 6131This news item summarises an article from the Australian Industry Group in the higher education section of the Australian<\/a> on May 18 last. It draws on the World Economic Forum\u2019s Future of Jobs report<\/a>. Two key forces are identified\u2013 \u201cadvances in technology and the transition to a cleaner\/greener economy.\u201d<\/p>\n These \u201care expected to drive major change in jobs and skills on a global scale across the next five years.\u201d The largest absolute growth in jobs is expected to be in education, agriculture and digital commerce. The biggest losses will be felt in roles vulnerable to automation. The article also suggests that there is a significant need for upskilling and reskilling programs.<\/p>\n Its key findings include that technology adoption will remain a key driver of business transformation in the next five years. In addition, \u201cbig data, cloud computing and AI feature highly on likelihood of adoption.\u201d Employers estimate that \u201c44% of workers\u2019 skills will be disrupted in the next five years. Cognitive skills are reported to be growing in importance most quickly, reflecting the increasing importance of complex problem-solving in the workplace.\u201d<\/p>\n In addition, \u201cthe highest priority for skills training from 2023-2027 is analytical thinking, which is set to account for 10% of training initiatives, on average. The second priority for workforce development is to promote creative thinking.\u201d<\/p>\n Moreover:<\/p>\n \u201cTechnology literacy is the third-fastest growing core skill. Self-efficacy skills rank above working with others, in the rate of increase in importance of skills reported by businesses. The socio-emotional attitudes which businesses consider to be growing in importance most quickly are curiosity and lifelong learning; resilience, flexibility and agility; and motivation and self-awareness.\u201d<\/p>\n This suggests the need for VET providers and teachers to be more holistic in terms of how they conceive, teach and assess competence.<\/p>\n According to the Future of Jobs report \u201cforty-five percent of businesses see funding for skills training as an effective intervention available to governments seeking to connect talent to employment.\u201d In addition,<\/p>\n \u201cSurveyed companies report that investing in learning and on-the-job training and automating processes are the most common workforce strategies which will be adopted to deliver their organizations\u2019 business goals. Four in five respondents expect to implement these strategies in the next five years. Workforce development is most commonly considered to be the responsibility of workers and managers, with 27% of training expected to be furnished by on-the-job training and coaching, ahead of the 23% by internal training departments and the 16% by employer-sponsored apprenticeships. To close skills gaps, respondents expect to reject external training solutions in favour of company-led initiatives.\u201d<\/p>\n This is interesting and suggests that there may be a perceived \u2018credibility gap\u2019 with externally provided workforce development and training. This reinforces the importance of relationships and partnerships between VET providers and the employers they work with.<\/p>\nWhat the \u2018Future of Jobs\u201d report talks about<\/h2>\n
Where does the responsibility for training and development lie?<\/h2>\n