Global Business Coalition for Education

Youth Skills and Innovation Initiative

 

Intel_Skills

Photo by Intel Corporation.

Building bridges: the new solution that aims to close the gap between Business, Youth and the Workforce of tomorrow

Did you know that by 2030, over half of the world’s young people will lack the basic skills needed for employment?

Or that as many as two billion jobs will be at risk of obsolescence, if automation and technological advancements continue at the rate they are?

What’s more, the hardest hit by these consequences will be young people in marginalized communities, where access to gainful employment can significantly improve the lives of everyone in it.

The price of progress

One of the major causes for all this is the fourth industrial revolution (4IR), involving emerging technology in a number of fields. From robotics, artificial intelligence, the Internet of Things, to 3D printing… these exciting innovations have led to many new jobs, while at the same time drastically altering the landscape for additional entrepreneurship opportunities, innovations, and the way in which urban cities function.

This has then led to a significant disconnect between the ways in which business engage in workforce development, and the ambitions and aspirations of young people today.

So how can we overcome this disconnect, and better harness the potential of our young people?

Enter the new Youth Skills and Innovation Initiative, which aims to bring business leaders together in the present; to help foster youth innovation, entrepreneurial and technology skills, so they can thrive in the workplace of the future. We are proud to announce the launch of this brand new project, which, with its three key phases of activity, aims to close the ever-growing gap between business and youth.

The brainchild of Intel Corporation and the Global Business Coalition for Education, this initiative aims to bring young people, industry leaders and experts together in a structured and focused way.

Introducing the confirmed commissioners:

 

                     Commissioners

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Sarah Brown

Co-Chair

Executive Director,

Global Business Coalition for Education

Rosalind Hudnell

Co-Chair

Vice President Corporate Affairs, Intel

President, Intel Foundation

Asheesh Advani

CEO & President, JA Worldwide

Adeyemi Babington-Ashaye

Head, Global Shapers Community at World Economic Forum

Jose-Manuel Barroso

Non-Executive Chairman of Goldman Sachs International (GSI); Former President, European Commission

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Irina Bokova

Director-General, UNESCO

Fred Dedrick

President and CEO, National Workforce Solutions

Danielle Foster

Senior Director of CSR, Hilton

Kristalina Georgieva

CEO, World Bank

Lord Michael Hastings

International Head of Corporate Citizenship, KPMG International

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Nate Hurst

Chief Sustainability and Social Impact Officer, HP

Tracy Lovatt

CEO, Batten and Co.

Tim Nourse

President, Making Cents International

Janet M. Riccio

Dean, Omnicom University; Executive Vice President, Omnicom Group

Josette Sheeran

President and CEO, Asia Society

What will the initiative set out to do?

One of the core aims will be to ensure everyone is equipped with “new basic skills” which the economy depends upon. Since 2013, the demand for digital skills has shot up by over 200 percent, critical thinking by over 150 percent, creativity by over 60 percent, and presentation skills by 25 percent.

In addition, guided by dialogue from a range of decision makers – comprising a diverse range of experts across industry, government, NGOs, youth, and academia – the Commission will be informed by and supported by a network of youth, a circle of city mayors, research partners, and public outreach. It will also draw on expertise from companies engaged in youth empowerment and research into new best practice in learning models. It will also be plugged into a new global youth network and a youth council of young change makers.

How long before it can make an impact?

The initiative will begin work in 2017, aim to engage in research with partners throughout 2018, towards a goal of releasing its recommendations to the public, and inspiring real action and change by September 2018.

Long-term, the initiative plans to work together with various groups to make sure young people – particularly those from marginalized communities – are not left behind, in the ever-evolving industries of tomorrow. With the help of the Youth Skills and Innovation Initiative, our workforce’s future will be as diverse and inclusive as it is bright.

To get involved or to learn more, please contact Jamira Burley at jamira@gbc-education.org.

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