HBR IdeaCast How Job Training Must Change in the AI Age
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Oct 31, 2023 Raffaella Sadun, a Harvard Business School professor specializing in reskilling and workforce adaptation amid AI advancements, shares critical insights on job training evolution. She highlights the urgent need for companies to revolutionize their training strategies, emphasizing that leadership and middle managers are key to successful reskilling efforts. Sadun discusses the importance of aligning training with business objectives and engaging employees, warning that many firms underestimate how rapidly skills must adapt to keep pace with technological change.
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Accelerated Skill Shifts
- Technology-driven skill shifts are a well-established economic principle.
- Current changes are a new version of this old phenomenon, accelerated by AI.
Reskilling Complexity
- While many companies show interest in reskilling due to research by organizations like the OECD, they aren't fully prepared for its complexity.
- Reskilling differs from standard training, posing greater challenges for management, employees, and policymakers.
Strategic Reskilling
- Leading companies view reskilling as a strategic imperative, directly linked to business objectives.
- They visibly commit to reskilling and communicate its importance throughout the organization.