Why This Downturn Could Be Different, At Least For Investments In Talent And Training

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Why This Downturn Could Be Different, At Least For Investments In Talent And Training
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For now at least, panelists at our virtual event 'Building The Workforce Of The Future,' say employers are still concerned about broader macro issues that could impact talent trends, even as concerns about recession mount.

“We effectively allow college admissions officers to become the gatekeepers of the winners and losers in the labor market. That is not a good thing.”and co-founder of the nonprofit Apprenticeships for America, said the model gives students more hands-on experience in real environments than programs such as boot camps or other certificate-building programs. “T

“We effectively allow college admissions officers to become the gatekeepers of the winners and losers in the labor market. That is not a good thing.”But coming up with other ways to train and educate workers for the skills needed for the future is just one challenge; employers also have to make cultural shifts to be willing to help those with different backgrounds succeed., a member of our second panel discussion on skills-based hiring.

To help make the shift toward more skills-based hiring, meanwhile, Verizon CHRO Samantha Hammock noted the importance of experimenting. “A lot of times we wait until we try to get things perfect or we can do them at a grand scale. We don't always need to do that to make a massive impact,” she said. “My advice is do it—even if you're going to start small.”

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