HBS Managing the Future of Work
Euan Blair on workforce development: College is broken. Apprenticeships deliver.
Nov 15, 2023
Euan Blair, founder of UK unicorn Multiverse, promotes apprenticeships as superior to college, emphasizing practical skills, earning potential, and job flexibility. The discussion contrasts UK and US approaches, addresses skill deficits, workplace diversity, and the role of AI in workforce development.
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Quick takeaways
- Apprenticeships offer a practical alternative to college education by providing earn-and-learn opportunities, emphasizing lifelong learning and job-relevant skills.
- Adopting apprenticeships can bridge the gap between education and employment, equipping individuals with technical and social skills crucial for career advancement in the evolving digital economy.
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The Benefits of Apprenticeships Over College Education
Apprenticeships provide a genuine alternative to traditional higher education by offering a model where individuals earn and learn on the job, gaining practical skills directly applicable in the workplace. This approach challenges the belief in the one-shot learning model for a lifetime career and emphasizes lifelong learning. Unlike college, where success is often a gamble, apprenticeships offer a less speculative path to well-paid work for both workers and employers, fostering equitable workforce development in the evolving digital economy.
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