Rethinking management training 👔 Transcend Newsletter #30

We need to re-think our traditional view of what it means to gain an education. Education is no longer just something you acquire in early life. The pace of change causes old skills to become obsolete more quickly than ever before. We now need to think of education as a dynamic, life-long process of continually cultivating Intellectual Capital. •Ir

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• Most companies are finding it difficult to get ahead of this trend. 87% of the C-Suite say they’re struggling to find talent with AI skills, and 77% say AI is disrupting their business strategy.


• Leaders say AI will replace many functions at their organization, but employees don’t realize how much they’ll be affected. Only 20% of workers think “mos

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A 2017 McKinsey Global Institute report said 75 million to 375 million workers may need to switch their occupations by 2030 as “digitization, automation and artificial intelligence” disrupt the way we work. In the same report, 62% of executives said they believe they will need to retrain or replace more than a quarter of their workforce by 2023.

Amidst a growing global talent shortage, traditional workforce training programs aren’t bridging job vacancy and performance gaps fast enough.

This recession will reinforce that individuals must take charge of their own careers and invest in their own upskilling. However, what remote learning has highlighted is that higher education is not about the content, it’s merely a proxy for trust and quality of network. As great content continues to be commoditized, we will see the emergence of in... See more