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Forward ladies 3 march 2017
This document discusses the changing nature of jobs and skills needed for the future workforce. It notes that 1 billion young people will enter the workforce in the next decade, but only 40% of jobs that currently exist will still be around. It emphasizes that the pace of change is increasing and the skills gap is projected to grow. New technologies like apps will require millions of new professionals. The document calls for taking action to better prepare youth for the jobs of tomorrow through initiatives like work experience programs and better career guidance resources.
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Forward ladies 3 march 2017
- 1. “Tinker Tailor Soldieror Spy”
- 2. #scaleup “1 Billion youngpeople will start work in the next decade - only 40% in jobs that now exist” The Economist, 23 Jan 2016
- 4. 100 % Net NewJobs created in Europe in the past 5 years were from companies less than 5 years old…. THE PACE OF CHANGE IN OUR ECONOMIES IS HIGH AND INCREASING
- 5. THE SKILLS GAPIS SET TO GET LARGER…. #scaleup
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- 11. 1M Number of newscience, engineering and tech professionals required in the UK (Royal Society 2014) 5.8M Number of people forecast to be needed in the app economy by 2018 (OECD) #scaleup
- 12. “how will thenext generation answer the question ‘what will you do when you grow up?’ when 40 % of the jobs that they will aspire to have not been created yet and 100% of the net jobs come from companies less than 5 years old…?”
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- 14. THE SKILLS GAPIS SET TO GET LARGER…. #scaleup
- 15. THE SKILLS GAPIS SET TO GET LARGER…. #scaleup
- 23. |THE SCALE-UP REPORTON UK ECONOMIC GROWTH Sherry Coutu CBE ENTREPRENEURSHIP 2000 Floated second Start-up 1986 Came to the UK to attend the London School of Economics 1987 Became a Computer Programmer 1991 Studied Business at Harvard 1994 Joined my first ‘start-up’ 1995 Founded second Start-up Sherry Coutu CBE < 2000 1997 first ‘startup’ sold #scaleup
- 24. |THE SCALE-UP REPORTON UK ECONOMIC GROWTH Sherry Coutu CBETHE SCALE-UP REPORT ON UK ECONOMIC GROWTH Sherry Coutu CBE#scaleup
- 25. |THE SCALE-UP REPORTON UK ECONOMIC GROWTH Sherry Coutu CBE Nationwide service
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- 33. Every young Londonershould have completed at least 100 hours experience of the world of work, in some form, by the time they reach the age of 16
- 34. Every secondary schooland college should have up-to-date, user-friendly labour market intelligence/information (LMI) readily accessible.
- 35. Introducing Workfinder Get experience at Britain’sbest companies in a few taps. www.workfinder.com
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- 43. www.founders4schools.org.ukwww.workfinder.com How you canhelp 1. Sign-up as a Business Leader volunteer to inspire students. 2. Get at least 5 more employees to sign-up. 3. Host work experience placements through Workfinder. 4. Sponsor work experience placements for a class or school of your choice.
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- 45. Today’s students willbe working for and creating tomorrow’s companies….
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- 47. “Tinker Tailor Soldierand Spy”
Editor's Notes
- #2 how will the next generation answer the question ‘what will you do when you grow up when 40 % of the jobs that they will aspire to have not been created yet and 100% of the net jobs come from companies less than 5 years old…?
- #3 Kauffman report reported that the average age of the 500 fastest growing companies in the US was 40. This is also the percentage of the US GDP that is generated by companies that did not exist 30 years ago…. And it is the approximate average age of the presenters here today….
- #4 Kauffman report reported that the average age of the 500 fastest growing companies in the US was 40. This is also the percentage of the US GDP that is generated by companies that did not exist 30 years ago…. And it is the approximate average age of the presenters here today….
- #5 OECD (2014) Young SMEs, growth and job creation. Retrieved from http://www.oecd.org/sti/young-SME-growth-and-job-creation.pdf Stangler, D. (March 2010), High Growth Firms and the Future of the American Economy. Retrieved from http://www.kauffman.org/~/media/kauffman_org/research%20reports%20and%20covers/2010/04/highgrowthfirmsstudy.pdf Recent reports from the US, EU and other leading economies have demonstrated that in aggregate young companies have been responsible for 100 per cent of net new job creation. The OEC D has conducted a detailed study across 18 countries analysing the link between the dynamic of business growth (as measured by employment) and economic growth. This found that companies which have been in existence more than five years, in aggregate, reduced employment every year between 2001 and 2011; whereas, companies which were less than five years old were, in aggregate, net job creators in each of these years.24 24 OECD (2014), The Dynamics of Employment Growth: New Evidence from 18 Countries. Retrieved from: http://www.oecd-ilibrary.org/ docserver/download/5jz417hj6hg6. pdf?expires=1408440163&id=id&a ccname=guest&checksum=67DB- 405D7A298298BF7C62BD- 82982CCE
- #10 The point to mention here is that adoption across different industries and countries (and cities) can vary – and this has more to do with ‘productivity gains’, than incentives put in place.
- #11 Kauffman report reported that the average age of the 500 fastest growing companies in the US was 40. This is also the percentage of the US GDP that is generated by companies that did not exist 30 years ago…. And it is the approximate average age of the presenters here today….
- #13 how will the next generation answer the question ‘what will you do when you grow up when 40 % of the jobs that they will aspire to have not been created yet and 100% of the net jobs come from companies less than 5 years old…?
- #17 And this is my mom. Her last job was as a civil servant n office manager at the Prince George airport. She went back to work when I was 7 as a receptionist at the local doctor’s office.
- #18 And this is Jean Laponce. My professor at university.
- #19 And this is my father. He never went to university. He was a union leader and he climbed up telephone poles for a living splicing cables together.
- #20 And this is my father. He never went to university. He was a union leader and he climbed up telephone poles for a living splicing cables together.
- #21 And this is my father. He never went to university. He was a union leader and he climbed up telephone poles for a living splicing cables together.
- #22 Steve Shirley: She was the first role model I had: She has an amazing story and it inspired me to do a few other things…
- #30 https://www.everywoman.com/article/julie-deane-cambridge-satchel-company-shares-her-story-success
- #31 https://www.everywoman.com/article/julie-deane-cambridge-satchel-company-shares-her-story-success
- #32 https://www.everywoman.com/article/julie-deane-cambridge-satchel-company-shares-her-story-success
- #33 https://www.everywoman.com/article/julie-deane-cambridge-satchel-company-shares-her-story-success
- #35 https://www.everywoman.com/article/julie-deane-cambridge-satchel-company-shares-her-story-success
- #46 ‘The Vital 6%: How High-Growth innovative businesses generate prosperity & Jobs” report by NESTA “Oct 2009” “The Digital Manifesto: How Companies and Countries Can win in the Digital Economy, BCG Jan 2012
- #48 how will the next generation answer the question ‘what will you do when you grow up when 40 % of the jobs that they will aspire to have not been created yet and 100% of the net jobs come from companies less than 5 years old…?