The Future of Learning and Work

Bridging the Gap betweenUniversities and Employers

%S&P 500 companies will be

replaced over the next 10 years

What Worries CEOs Most

44%

47%

55%

We are not able to innovate effectively

Our quality or customer experience are impacted

We are unable to pursue a market opportunity

Lack of Key Skills is a threat to Growth & Innovation

Trends in the workforceAutomation, Digitization, Acceleration

Source: World Economic Forum

4th Industrial Revolution

Degreed Focus 2019 10

G ratton & S cott 100 Y ear L ife

Work and Jobs are Changing

Source: Redefine Work – Deloitte Center for the Edge

Re-Imagine Human Work

Future Skills are Hard to Predict

Skills in High Demand

Creativity

Communication

Emotional Intelligence

Collaboration

Influence/Persuasion

Cloud Computing

Digital Literacy

Artificial Intelligence

Data Analytics/Visualization

Robotics/Automation

Power Skills Technical Skills

Empathy

Most Important Skill?Learning Agility

The Workforce Chooses HOW they Learn

86%

79%

63%59% 58%

53% 52%47% 45% 44% 43%

36%31%

25% 25%

Articles Books Videos Webinars Events TeamOnlinecourses Podcasts Networks

Courses atwork

Live classes atwork Manager

Externalclasses Mobile apps Certificates

Q: Which of the following activities have you undertaken at least once in the past year for learning?Degreed + Harvard Business Publishing, How the Workforce Learns, 4/2019

79%

of learning comes from free or low-cost consumer

content sources

Learning Content

Biggest Obstacles to Learning

Q: What are your biggest obstacles to job-related learning or professional development?Degreed + Harvard Business Publishing, How the Workforce Learns, 4/2019

0%

11%

14%

19%

20%

22%

30%

30%

43%I don't have (or make) the time to learn

Lack of guidance or direction in learning

My company doesn't recognize or reward learning

My manager doesn't encourage or enable learning

I am overwhelmed by too many choices

The learning at work is not engaging

The learning at work is not relevant

I don't know where to find learning opportunities at work

I am not interested in learning more

Degreed Focus 2019 18

Technology is Changing How We Learn

ArtificialIntelligence

MachineLearning

VirtualReality Personalization

Collaboration, content curation, video, mobile

•

How companies are preparing for skills in

the Expertise Economy

How to insert an

“There is a need to retool yourself, and you should not expect to stop. People who are not

learning at least 5-10 hours a week on their own will obsolete themselves with the technology”

AT&T CEORandall Stephenson

•

Unilever Skills Strategy:

Upskill 160,000 across the globe

Upskilling Data Science

Data Science 5K

Personalized learning + curated content

Data Science 5K

Practicing through hands-on projects

Ultimate Goal: 5000 data scientists

Results on skills strategy: Moving the needle

E-commerce The workplace becomes a learning place

Learning in the flow of work

How Universities are partneringwith companies in Reskilling the

Workforce

Tell me about your education

or

Tell me what skills you have?

Monterrey,Mexico

The learning place becomes a work place

Helping solve real problems for companies

•

Skills and/or Degrees

Skills are the currencyIn the Expertise Economy

A Skills Strategy helps upskill and reskill

the workforce of the future

What Skills Do You Have?

Do we have the skills we need to win?

What skills do we need?What will best build those skills?

How are we doing?Where are we strong or weak?

What are my job or career goals?How can I measure and prove my skills?Where can I best build the skills I need?

Where am I strong or weak?

Employees

Business leaders

CEOs

Supply Demand

HR

Recruiters

Workforce Planning

Job Boards

Gig

BPO

Self-Directed Learners

Professional Associations

Higher Ed

Consultants

Freelance

Contract Based

Employers

Full Time Employers

Part Time Employers

They Have Skills You Need Skills

Skills Tied to Opportunities

Source: Redefine Work – Deloitte Center for the Edge

ImaginePreparing the FutureWorkforce

More skilled

More engaged

Creating more value

Well-being

Innovation

Value Creation

Value for Educators, Companies, and Individuals

Increase

“With the world moving as fast as it is, we need to become a society of people who are always learning new things.”

Julie Friedman SteeleBoard Chair of the World Future

Society

Thank you!