How has the definition of workforce development changed?
Workforce development used to be considered the “poor cousin of education.” It was defined as providing training to produce more and better-prepared workers. Thought leaders have since pushed for a more expansive view. Workforce development is now considered to be more than a single program or initiative. It is an interconnected set of solutions to meet employment needs: It prepares workers with needed skills, emphasizes the value of workplace learning and addresses the hiring demands of employers from the outset. The goal is to place workers in jobs where there are career development opportunities.
Why does workforce development matter globally?
Unemployment is a major issue for countries at various stages of development. A rapid increase in the youth population combined with social and political challenges has exacerbated the unemployment crisis in some of these countries. Workforce development is a logical and important solution to these problems, but only if it is approached in an effective way.
What are key elements of an effective approach to workforce development?
At the national or regional level, there must be an alignment between skills development and public- and private-sector investments to ensure that job creation keeps pace with the preparation of the workforce. Also, program quality — especially demand responsiveness — should be emphasized over scale. Scale is important, but there have been too many large-scale supply-driven efforts in the past.