Even the concept of a career wasn’t immune to today’s disruption. People are changing jobs at record rates, working for more companies doing a variety of jobs throughout their career, and they aren’t immediately cashing out and retiring at 60. Likely at the root of the radicalization of the career is a simple, basic fact: people are living longer.
As said by the authors of the 100-year life in an article for MIT Sloan, “If life expectancy continues to grow at the rate of two to three years every decade, as it has done over the last 150 years, then a child born in Japan in 2007 will have a more than 50% chance of living past the age of 107.”
This translates into 60 – 70-year careers. To stay relevant and employed, the workforce will need to deepen their skills numerous times, and might even want to re-skill entirely in new areas.
“Individuals will take an interest in skills with value that extends beyond the current employer and sector. Skills and knowledge that are portable and externally accredited will be particularly valuable,” wrote Lynda Gratton and Andrew Scott in their recent Research feature, The Corporate Implications of Longer Lives.
While ultimately responsible, it’s not just the individual that has a role in continuous development.
The most successful organizations are supporting employees for their roles now and in the future, recognizing their best investment is their people. Top talent is likely the most engaged, and thus, retaining (and attracting!) these people will be a key driver of business outcomes and success.
To keep up, Deloitte’s 2017 Global Human Capital Trends report suggests chief learning officers (CLOs) must now become the catalysts for next-generation careers. “They should deliver learning solutions that inspire people to reinvent themselves, develop deep skills, and contribute to the learning of others,” states the report.
Gratton and Scott suggest decentralized and flexible approaches to learning that are driven more by the learner than the employer.
So how do we help our employees deepen the skills they need now, as well as support future development?
To enable learning leaders to better target their learning and development (L&D) investments and help companies close skill gaps, Degreed recently announced a major upgrade to its personalization engine with the release of Targeted Development™ capabilities.
Leveraging BurningGlass data and machine learning, Degreed’s innovative platform automatically recommends a daily feed of learning resources focused on the skills required for a person’s current job as well as their professional interests and career goals.
“Resolving the persistent gap between the skills employees have – and the ones they need to move into new roles – requires sophisticated personalization capabilities. These recent product upgrades are a giant leap forward for Degreed’s ability to help our users build and recognize the expertise they need for the future,” commented Degreed’s CEO and co-founder David Blake.
Targeted Development empowers organizations in four main ways:
- Give purpose to learning activity by tying learning to skills, and skills to roles in your organization.
- Customize these roles with the competencies and skills that fit your company.
- Assign employees to specific roles, which will automatically link them to associated learning content.
- Create learning pathways, and link them to roles.
Want to see what targeted development can do for your organization? Create your Degreed profile today.