Summary of How Learning Contracts Can Drive an Industrious Revolution

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

How Learning Contracts Can Drive an Industrious Revolution summary
Start getting smarter:
or see our plans

Rating

7 Overall

9 Applicability

7 Innovation

6 Style


Recommendation

The digital age looks to be as impactful as the Industrial Revolution, warn professionals from the Boston Consulting Group (BCG), and companies that ignore history’s lessons are likely to retread serious missteps. Thus, the BCG team calls for a new “covenant” between employer and employee that centers on mutually beneficial workplace learning. This important, yet sometimes dry primer explains how to create and enact a “learning contract” that will help your business grow while keeping your people employed.

In this summary, you will learn

  • Why businesses of the digital age should forge a “learning contract” with their employees and
  • What basic components define a learning contract.
 

About the Authors

Andrew Dyer, Elena Barybkina, C. Patrick Erker and Jeff Sullivan work for the Boston Consulting Group.

 

Summary

The Industrial Revolution taught the hard lesson that technological advancement requires an equal dose of social advancement. Today’s businesses have the power to usher in an “industrious revolution” by forming “learning contracts” with workers. Under this new social contract, employers and employees commit to building the human skill sets needed to stay apace of technological disruption. Employers honor the learning contract by nurturing a forward-looking corporate culture with diverse educational opportunities, and employees do their part by pursuing desirable skills, identifying as learners and learning “how to learn.” The contract keeps ...


More on this topic

Customers who read this summary also read

Preparing for the Future of Learning
8
Six Strategies for Digital Learning Success
7
Transforming Formal Learning
7
Risk in the C-Suite
7
“Corporate Learning Is More Important than Ever”
7
A New Paradigm for Corporate Training
8

Related Channels

Comment on this summary