The world of employment is changing rapidly. The skills required for the future economy are going to change rapidly over the next five to ten years. In fact, the fourth industrial revolution will happen quicker than anyone anticipated. In a constantly changing world, those who don’t adapt will be left behind. What can we do to adapt? This blog will attempt to demystify the skills we’ll require in the future to remain competitive in the world of employment.
What skills are going to change?
According to the world economic forum, the most desirable skills in 2015 were as follows:
- Complex problem solving
- Coordinating with others
- People Management
- Critical Thinking
- Quality control
- Service Orientation
- Judgement and decision making
- Active listening
It is predicted that by 2020 advances in technology will change the world through robotics, autonomous transport, Artificial Intelligence, Advanced Materials, biotechnology and genetics will impact on everyone’s lives in an unprecedented way. These advances will render millions of jobs obsolete, make others more important and might create jobs that do not exist today. With a potential, shortage of jobs, there will be more competition for the remaining jobs. Anyone seeking employment will have to have a skillset that is matched to these new jobs. This shift will mean massive amounts of retraining for most people, so to remain employable, people will require new skills.
The skillset of the future has been defined by the World Economic Forum as follows:
- Complex Problem Solving
- Critical thinking
- People Management
- Coordinating with others
- Emotional Intelligence
- Judgement and Decision Making
- Service Orientation
- Cognitive Flexibility
As you can see from the two lists, the skills of the future are going to vary from the desired skills of today. New technologies, products and ways of working are going to change everything and workers are going to have to be more creative to benefit from these. Robots will increasingly become part of the workplace and use of large amounts of data will inform our decision making differently. It is even expected that AI machines will sit on companies’ board of directors by 2026.
What implications does this have?
Industry is going to suffer severe disruption as new technologies make existing systems and ways of doing this obsolete. All sectors will be affected and there will be hundreds of thousands of people who will need to retrain. The way the internet has changed the way we work and live will be minor compared to the changes coming over the next ten years. AI, 3D printing and new materials will become commonplace.
Unfortunately, there will be millions of people left behind if they don’t retrain, so my advice is this: start adapting your skillset now or be prepared to soon because progress doesn’t wait for anyone and the up-skilled and flexible will be the employees of the future.
What can i do about this?
Online learning has been with us for a good number of years now and there are thousands of courses that you can do on hundreds of subjects. How relevant are they to the latest technologies and business models though? In this blog, we’re going to look at some of the courses you can do to help your skills for modern business.
What type of courses are available?
Online courses range from being aimed at complete novices to experienced veterans of the industry, so there is plenty choice.
What courses should I look out for to get up to date with?
I have found lots of new courses that focus on things you won’t be able to study effectively at traditional education establishments here are some of the best:
Cryptocurrency Trading Investment
Cryptocurrency has been all over the news with massive highs and lows in the market. If you are serious about investing in blockchain technologies this course will tell you what to look out for in new crypto, when to buy and sell and a lot more.
Instagram Marketing in 2019
If you’re looking to grow an Instagram account this course will help you grow your Instagram account, use it as a marketing platform or sell goods and services on the platform.
Selling Merchandise on Amazon
This course is aimed at people who want to start an online business selling goods through Amazon. The course covers all the things you need to start selling on the world’s biggest marketplace.
Learning how to do your taxes is something conveniently left out of UK school curriculum. For those eager to learn Turbotax offers a fantastic learning experience for beginners to advanced learners. Although if you’re learning for business use we recommend seeking professional advice, Tax Kings offer great rates for small to medium businesses.
Python Network Programming
Python is a high-level programming language that is used by back-end developers, AI and is a favourite of Google. Courses are targeted at complete beginners through to experienced developers so whatever your level you’ll be able to learn from one of these courses.
Facebook Marketing Mastery
Get to grips with marketing strategies on the world’s largest social network. Connect with new customers, learn the ins and outs of Facebook ads and optimise your content to retain customers and fans.
SEO optimisation for ranking in Google
SEO is a confusing subject for some, but with this course, you’ll learn everything you need to know to get your website up the rankings with Google. Learn how 13 factors affect Google rankings and what to do to optimise your website for this, dos and don’ts and a whole lot more with this course.
Online learning has many advantages, but when you learn a new skill how likely is it to get you a new job? In this blog, we’re going to look at skills you can learn online that there is a shortage of at the moment, meaning that if you retrain you’ll be able to get a new better paid job.
Advanced Excel Skills
Microsoft Excel is the standard used in offices around the world. Advanced skills are very desirable and courses are available online.
Computer programmers are always needed and you can learn all the skills you need online to get a grasp on programming. Whether it’s basic HTML. CSS PHP and JS or more involved languages like C and C+, there are plenty of courses available to get started.
Data is the key to the modern world and is essential to the economies of the future. With a base knowledge of CSS and HTML, with a data scraping cours, you will be able to delve deeper into websites and mine data that can be useful for your business or to sell to others.
Speaking and translating foreign languages
The demand for people who are bilingual is very real. In these uncertain times of Brexit and the potential deportation and exodus of people who speak foreign languages, this is a great time to speak them. Being able to write and translate foreign languages is a lucrative skill.
Project management skills mean that you can effectively manage a project from start to finish. This involves a mixed skillset including interaction with clients, understanding of manpower and use of resources and budget control. A course in project management will put you in good stead to get a project management position.
Social Media Marketing
Social media channels are the most visible connection people have with brands and businesses today, so it is essential that these channels are curated effectively. There is a host of courses to teach you how to manage social media effectively. Doing a course can only add a string to your employability bow.
Understanding data and being able to use it to benefit your business is a skill that is becoming increasingly vital to workplaces, as more data becomes available from websites, social networks etc. This is an impressive skill to add to your CV that will help boost employability.