Summary of Education, Disrupted

Looking for the article?
We have the summary! Get the key insights in just 5 minutes.

Education, Disrupted summary
Start getting smarter:
or see our plans

Rating

9

Qualities

  • Eye Opening
  • Concrete Examples
  • Hot Topic

Recommendation

Traditional educational institutions and many business leaders are proving slow to respond to digitalization’s educational demands – resulting in massive skill shortfalls in the workforce and severe implications for organizations’ competitiveness. Education consultant Michael B. Horn’s alarming article for MIT Sloan Management Review describes both the crisis and some bold emerging solutions, and also speculates about the future shape of education in a digital world.

About the Author

Michael B. Horn is the chief strategy officer at the Entangled Group, an education venture studio, and cofounder of the Clayton Christensen Institute, a nonprofit think tank.

 

Summary

A shortage of skilled workers is forcing employers to take education into their own hands.

The traditional educational system is failing to prepare workers to fill roles in digitalized companies – and in this intensely competitive labor market, companies are struggling to hold on to key talent. An estimated seven million roles remain unfilled because applicants lack the necessary qualifications.

More than three out of four business leaders point to talent shortages as a top business threat, and more than 90% recognize the imperative to devise new talent strategies – but the majority of leaders admit they have taken no action. Institutions of higher education, too, have failed to offer adequate solutions.

Amazon is preparing to spend $700 million to train a third...


More on this topic

Customers who read this summary also read

As Pressure to Upskill Grows, 5 Models Emerge
7
Learning and Earning
9
Achieving Digital Maturity
7
Building the Government Workforce of the Future
8
2020 Predictions for the Future of Work
9
Future of Work
8

Related Channels

Comment on this summary