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    Closing the Skills Gap

    Education and training systems need to keep pace with the new demands of labor markets that are continually challenged by technological disruption, demographic change, shifting business models and the evolving nature of work. This transformation needs to address both short term (35% of the skills demanded for jobs across industries will change by 2020) and long term needs in an urgent but sustainable manner.   The Closing the Skills Gap Project aims to create global and national platforms to address current skills gaps and to reshape education and training for the future. It works at three levels:

    1. Country implementation deep-dives: At the national level, the Closing the Skills Gap Task Forces provides a platform for multi-stakeholder collaboration to close the skills gap and prepare for the future of work. Each Closing the Skills Gap Task Force brings together leaders from business, government, civil society, and education and training sectors to accelerate reskilling and upskilling efforts in the current workforce and the future-proofing of national education and training systems.
    2. Global and regional knowledge exchange: At the global level, an informal Global Alliance for Closing the Skills Gap provides an exclusive global platform for leaders and experts from business, government, civil society, and the education and training sectors to build consensus, share ideas, and identify preferred models and best practices.
    3. Global business commitments: With skilling, reskilling and upskilling becoming a clear “no-regret” move for addressing the flux in labour markets, there is a rapid movement of multinational businesses towards such efforts for their employees, communities and wider audience. Managed strategically, this can be impactful and a win-win for companies and workers alike. As a first step, the Forum is consolidating global business commitments with the goal to reach 10 million people by January 2020.

    REF: https://www.weforum.org/projects/closing-the-skills-gap-regional-skills-projects