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January 26th, 2021 · 4 min read

Industry 4.0: The power of looking beyond re-training to skills fulfillment

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What is Industry 4.0?

What is the influence of COVID-19 on Industry 4.0 and the skills gaps?

What is the role of workforce education when it comes to the opportunity gaps highlighted by Industry 4.0?

Which industries are affected most by Industry 4.0 and automation?

How can you reap the benefits of taking a strategic approach to workforce education in the age of Industry 4.0?

  • Goals alignment: Talent development is a line of business that can't simply fall on L&D and human resources. So, start with identifying areas tied to KPIs across the entire organization, such as total time to new employee productivity for human resources or rate of new technology implementation for production operations. Then get leadership from those areas involved in every aspect of the learning and development process
  • Skills fulfillment: Be forward thinking beyond job roles, as technology will dictate future skill sets and job descriptions. Explore opportunity gaps by aligning your organization's technology and process maps to existing skill sets. For example, think about an IT lead taking on a leadership role in research and development. 
  • People as assets: View your employees as assets and invest in them. By providing quality workforce education paths, you enable employees to advance in their careers, which leads to meaningful impact for them, your company and the greater community.

You can address talent development challenges