Education 2.0 & 3.0

You know the statistic: By 2020, the Bureau of Labor Statistics predicts millennials will comprise nearly half of the U.S. workforce. But how prepared is your company to handle the generational shift? Not as well as you'd think, according to Keith Kitani, CEO of employee communications company GuideSpark.
Click to expand

As Kitani notes, there are stale business practices that need to be remixed in order to accommodate how millennials are consuming information. For example, a survey shows almost 50% of millennials don't bother reading employee handbooks.

In 1494, an Italian monk named Luca Pacioli published an overview of the mathematics of his time. His 36-chapter work described what has since become standard knowledge among the world’s finance and business professionals and a building block of balance sheet accounting: double-entry bookkeeping. And since the advent of this method, invested capital has been the pillar of every enterprise, government, and economy. Even today, in the wake of the global financial crisis and amid a spreading debt crisis, invested capital remains the core and the promise of economies everywhere. But a much bigger crisis is yet to come—one that strikes at the very purpose of economies but is scarcely noted, let alone managed: the crisis in human capital.

Every economy’s ability to compete depends on a steady supply of human capital and talent. When that supply is inadequate, imbalances result, creating serious threats not only to the economy but also to social and political stability and future development. This impact, moreover, extends beyond borders.