Can We Fix the Global Skills Gap?

This is a great report via McKinsey regarding how educational institutions and organizations are sometimes at odds about understanding the skills gap. The study focuses specifically on youth who are making the transition into the workforce. Despite the need for entry-level workers on a global scale, organizations aren’t able to hire them because they lack the required skills. Six explanations as to why are highlighted:

  • Employers and educational institutions live in parallel worlds;
  • Numerous barriers in the school-to-work transition;
  • The school-to-work system utilized by educators and employers is failing;
  • A lack of system consistency;
  • A lack of incentives to improve the system;
  • The system isn’t scalable.

More details in the  full report or executive summary.