Top Takeaways from ASU + GSV Summit 2017

Posted by Frank Britt on 5/15/17 6:15 PM

Last week, we were honored and thrilled to have participated in this year’s at-capacity ASU + GSV Education Technology Summit which assembled leaders from more than 400 of the world’s most important enterprise learning and talent companies to discuss education and technology innovations. It was inspiring to join the conversation on how we can build bridges between local and national organizations in order to address the skills shortage and improve worker employability and workforce effectiveness. I wanted to share my top takeaways from this incredibly energizing summit:

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Topics: Employers, Training, Skills Gap, Skilled Trades

The ROI of Soft Skills Training Is Probably More Than You Think

Posted by Lauren Mackie on 5/12/17 5:41 PM

Has your business been struggling to find and hire candidates with the appropriate soft skills? If so, it is not alone. A recent study found that 44 percent of employers believe that today's job candidates are lacking the necessary soft skills to be successful on the job.1

The term "soft skills" was first used in an Army training manual in the 1970s. While the term has been tossed around for decades, it has become an increasingly widespread term as the soft skills gap has grown.

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Topics: Employee Retention, Employers, Training, soft skills, Skills Gap

Introducing: Skills Forward Roadtrip

Posted by Dara Warn on 5/11/17 3:25 PM

Yesterday at the ASU GSV Summit in Salt Lake City UT, Penn Foster announced our exciting new collaboration with Roadtrip Nation, an organization that empowers individuals to pursue fulfilling careers, and Strada Education Network, a nonprofit dedicated to solving today’s higher education and workforce challenges, on our Skills Forward Roadtrip! The Roadtrip will aim to engage and inspire America’s next generation workforce while addressing the issue of the skills shortage for high demand skilled trades occupations.

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Topics: Middle Skills Gap, Training, Skilled Trades

The Landscape of the Future Skills Economy

Posted by Bliss Parsons on 3/23/17 2:32 PM

We know that in order to fill the skills gap, a fundamental paradigm shift needs to occur across the workforce development marketplace. Instead of a well-oiled machine working to train job seekers, our current system is fragmented and lagging. But how do we get buy-in from all stakeholders to participate in working towards a new solution? How can we foster local employment market opportunities and fill specific sector needs?

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Topics: Middle Skills Gap, Training, Learning and Development, Upskilling, Skills Gap

How Millennials Are Changing the Workplace Learning Landscape

Posted by Lauren Mackie on 3/22/17 10:00 AM

Millennials now make up more than one-third of the workforce in the United States, surpassing both the baby boomers and generation X.1 Millennials are like no generation before them, and they are playing a pivotal role in reshaping the workplace environment and expectations. One major benefit that millennials are looking for from their employers is continuous training and development.

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Topics: Employers, Millennials, Training, Skills Gap

Why Are Employers So Challenged to Find the Skills They Need?

Posted by Lauren Mackie on 3/13/17 1:32 PM

Across a multitude of industries, employers have been struggling to find – and retain – quality talent. However, the root of this issue is highly contested. While some critics challenge the very existence of it, 92% of executives agree that there is a skills gap in the U.S. workforce, resulting in companies’ inability to adequately fill their workforce.1 Where does this problem stem from? There are many factors working together that have led to the skills shortage, and we’ll explore several of them in the article below.  

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Topics: Employee Retention, Employers, Training, Learning and Development

Investing in L&D, Part 4: Improve Retention, Customer Experience & Efficiencies

Posted by Lauren Mackie on 2/23/17 3:00 PM

Talent retention has become a mandate for any company that wishes to be successful today. Seventy-eight percent of business leaders surveyed by Deloitte ranked employee retention and engagement as either important or urgent.1 One reason is the growing awareness of the expense of replacing employees, which Deloitte says can cost up to twice a departing employee's salary.2

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Topics: Employee Retention, Employers, Training, Learning and Development, Upskilling, Skills Gap

Creating an On-Demand Individualized Skills Solution

Posted by Kevin Bauman on 2/1/17 2:32 PM

Our nation’s workforce development efforts, including initiatives by government agencies, nonprofit organizations, and corporations, are at a pivotal moment of transition due to the realities of living in the globally connected Information Age. It’s up to us to begin laying the groundwork now for a reimagined workforce development system. 

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Topics: Youth Organizations, Employers, Training, Upskilling, workforce investment boards, skills solution, WIBS

Investing in Learning & Development: Its Crucial Role in Solving the Skills Crisis

Posted by Lauren Mackie on 1/6/17 5:52 AM

Almost every organization struggles with skills gaps, in one form or another. A skill gap is a gap between what employers want or need their employees to be able to do, and what those employees can actually do when they walk into work.1 In the manufacturing industry, 82% of executives report skills deficiencies in production roles have a significant impact on their ability to meet customer demand.2 In the service industry, soft skills like “customer service” and “problem-solving” are of the highest importance, yet 89% of executives in a Wall Street Journal survey reported having a very or somewhat difficult time finding people with the requisite attributes.3 For employers facing skills shortages, the impact can result in decreased productivity and efficiency, missed opportunities, and higher expenses.

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Topics: Employee Retention, Employers, Training, Learning and Development, Upskilling, Frontline Worker

 

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