Skill Development: A must for the future workforce!

We have to prepare our workforce well beforehand to aptly position ourselves for this future. Ultimately, what is the point in selling oranges when the market only needs apples?

Why Skill Development?

We are today observing large-scale automation of across-the-board processes. While specialized machines and technological systems are making our jobs simpler (much like computers have done for quite some time now), the precision of back-end functions/ancillary processes is being enhanced via emerging technologies such as Artificial Intelligence and Data Analytics.

For comprehensive consideration, even if certain processes get automated, they will naturally create other functions that need to be catered to. Industrialization has previously automated a majority of manual work. However, it has simultaneously created dedicated job roles that require an evolved skill-set. Similarly, in the future, we are going to observe a specialization of another degree, scale, and pace.

Today, a majority of the jobs that we see did not exist a decade or two before. We don’t know how many of the current job roles are going to remain intact by the next decade. Some estimates suggest that this figure can easily exceed the 80%-mark by 2030.

It will make skill-set a unique commodity in our job market – more than it is today. As we observe a superior technological infusion, skill development will also become a perpetual journey that our entire industry will soon embark on. Thankfully, we will have technology at our disposal to optimally learn as well.