Young Enterprise NI
February 2020
Skills for Success
Welcome to Skills for Success This regular newsletter helps young people, parents, educators and other influencers increase their knowledge of the skills needed for success in the future Northern Ireland and global economy. We will be profiling emerging and growth sectors, hearing from employers about the skills and qualities they need, and helping you learn more about the opportunities that exist. Feel free to contact us at info@yeni.co.uk to ask questions or suggest future topics. World Economic Forum, 21st century skills - http://widgets.weforum.org/nve-2015/chapter1.html
The future of work is already here Whilst we don’t know what the future holds, the new businesses that will emerge, or how technology will evolve our world, there is consensus that business will still need human skills, now and in the future. Rapid technology change is transforming the workplace – some jobs no longer exist, and many new ones are being created. It’s no longer about lifelong employment in the same job or company, instead it’s about creating lifelong employability through transferable skills or even building your own job. Learning and developing skills to transfer from one job to another, to move betweeen sectors and create new careers over your lifetime. The job for life is no more: people entering the workforce now will do at least 12 different jobs, and we often hear that 85% of the jobs people will do in 2030 haven’t yet been invented. The ability to upskill, retrain and adapt will be key.
Artificial Intelligence (AI), machine learning (MI), Augmented Reality (AR), and Virtual Reality (VR) will be a real part of the workplace our current students will work in, and we need to prepare them for a changing workplace. Termed the ‘Fourth Industrial Revolution’ in the World Economic Forum’s The Future of Jobs; the 2015 report predicted that in 5 years’ time, 35% of skills considered important will have changed and many jobs that existed will have vanished.
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Paul Terrington, PWC Regional Chairman: “Aside from academic success, in an age of increased automation, we want people who can come up with creative problem-solving, communicate effectively, work as part of a team, who can show leadership and demonstrate agility and resilience. As a firm, we’re challenging ourselves to evolve and solve problems in new ways to support our clients’ growth.
The Department for Economy Skills Barometer produced by Ulster University highlights the wider skills that business need.
We look for people who bring that same inquisitiveness they have for themselves to what we do.
CBI employer research had confirmed the need for all school leavers to have employability skills and be commercially aware, not only to meet the needs of industry, but to foster the private sector growth necessary for a more balanced, healthy economy.
As a society, it’s essential we foster those skills to ensure our collective success.”