The world is on the brink of a 4th industrial revolution that will build upon the 3rd — the digital revolution — and which will be characterized by rapid technological change and automation. The shift toward automation, already occurring, is projected to have far-reaching consequences for every sphere of life, including, of course, employment.
The McKinsey Global Institute estimates “about 60 percent of all jobs have at least 30 percent of activities that are technically automatable, based on technologies available today.” Some existing jobs are expected to be fully automated over time.
The challenge of the 4th industrial revolution for employers is adapting to an era of rapid change in employment practices and employee skills.
The Adaptive Learning training solution can help employers prepare for the impending disruption in employment practices by making it easier to re-train employees, rather than hiring new talent every time skill requirements change.
Adaptive Learning Helps You Prepare for the 4th Industrial Revolution
The results of increased automation for employers will be mixed. Clearly there will be benefits, including:
- improved productivity,
- improved efficiency, and
- better safety.
But there are fears that increased automation can potentially lead to widespread disruption in the form of:
- employee redundancies,
- gaps in labor supplies, and
- job losses.
among other scenarios.
Adaptive Learning can help employers prepare for the 4th industrial revolution by:
- Streamlining employers’ training needs,
- providing long-term solutions for upgrading employee skills, and
- providing training opportunities that incorporate life-long learning options for employees.
With Adaptive Learning, instead of beginning a new onboarding process for a new hire, and then another when further technological innovation introduces new redundancies, Adaptive Learning can re-train employees to update their skills.
Re-training rather than hiring new talent will benefit both employees and employers. Employees will get to keep their jobs and update their skills to make them more competitive in a rapidly changing employment landscape. And employers will not need to interrupt their workflow processes repeatedly to hire new people and carry costs associated with hiring and onboarding.
Opportunities for re-training and life-long learning will also be mutually beneficial as such opportunities will allow employees to explore and extend their skill set as far as they would like. Such an investment in their training and education is likely to inspire company loyalty and increase employee satisfaction — qualities that employers will need to inspire in order to attract and retain skilled workers in the coming years.
Personalized Training for Rapidly Changing Skill Sets
Adaptive Learning’s personalized approach, which adjusts to the needs of individual learners, is the solution for employers preparing to meet the 4th industrial revolution. In addition to training faster and more efficiently than traditional training methods — up to 50% faster without sacrificing quality — Adaptive Learning will also allow learners to train at their own pace, so no one is ever left behind.
And by uncovering and eliminating unconscious incompetence — what employees don’t know they don’t know — employers will always have highly skilled staff on hand, even during times of rapid industry modifications.
Adaptability is key to preparing for the 4th industrial revolution. And Adaptive Learning is the tool that will allow you to stay ahead — and come out on top — of the coming change.
To learn more about how Adaptive Learning can help you prepare for both long-term and short-term training, download this infographic: