SHIFT Happens: The New Landscape from Education to Employment
Innovate+Educate founder, Jamai Bliven and I released a new paper before the holidays that provides an overview of how technology is being applied across the education, training and hiring landscape, from so-called people analytics tools used by HR chiefs, to accelerated learning providers, credentialing platforms, and social networks like LinkedIn that help job applicants showcase unique skills and talents.
Spoiler alert: traditional learning-to-employment pathways haven’t kept pace with the needs of the U.S. labor market. And so more and more people feel angry and left out (economically, at least). One national survey found that while 59 percent of college graduates thought they were ready to apply their skills and knowledge to the real world, only 23 percent of employers felt the same way. Investors are also taking note: in 2014, over $400 million in investments went to startups focused on hiring and recruiting.
University Ventures' Ryan Craig penned a terrific foreword for us and contributed greatly to our framework and thinking. And we were lucky to gather feedback and insights from some of the smartest minds in the field, including Josh Bersin, Rachel Carlson, Jake Schwartz and LinkedIn's Tanya Staples.
The paper also highlights the role of philanthropy in the shift and surfaces critical considerations for policymakers and practitioners, including the need for interoperability amongst credential platforms, and a greater emphasis on the needs of traditionally underserved populations.