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Companies need to change their policies on hiring employees. If they do not, the existing skills gap will lead to a crisis. A technology-based new-collar job, such as cloud computing technician, does not require four years of university education. That’s what Ginni Rometty, CEO of IBM, said at the World Economic Forum in Davos, Switzerland.

We are dealing with a very serious task here. New technologies are changing faster than people’s skills. This creates the skills crisis. As a company, we are convinced that if we do not solve this problem now and do not bridge the skills gap, it will cause a lot of unrest. Certainly in view of the pace at which it is now developing, according to Rometty. The CEO is therefore firmly convinced that companies need to drastically change their staffing policy. According to Business Insider, it was Rometty who introduced the term new-collar job during the forum.

The Fourth Industrial Revolution calls for adaptation

Business Insider claims that we are at the beginning of a new era in the developed world, in which the Internet has further entrenched itself in every aspect of our lives. The so-called fourth industrial revolution. Jobs are said to be replaced by new technologies, including advanced artificial intelligence.

IBM itself has been taking a different approach for some time now. For example, the computer giant offers a comprehensive, internal apprenticeship scheme for mid-career employees who want to make a change in their career. In 2011, big blue started so-called pathways in Technology Early College High Schools, also known as P-TECH schools. There are now more than one hundred of these vocational schools, spread over thirteen countries. IBM is working together with more than five hundred companies to offer P-TECH students work and mentoring in this way.

Changing Paradigm of Employee Assumption

According to Rometty, most companies are ready to shape this transition. In her view, managers should therefore focus more than just hiring staff from the best-ranked universities. According to the CEO, they have to change their paradigm of adopting.

Interview with Ginni Rometty, CEO IBM, during the World Economic Forum in Davos, Switzerland.

Business Leadership in the Fourth Industrial Revolution

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This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.