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The emerging digital world of work in the Fourth Industrial Revolution is rapidly becoming a reality for millions of workers around the world. The intrinsic opportunities for financial prosperity, societal advancements and individual growth in this new world of work are vast, yet highly dependent on all those impacted to proactively identify and develop the necessary skills needed to harness these potentials. New highly effective jobs and greatly improved work experience and productivity are enabled through technology, though it is evident that this wave of advancement is also set to reduce the number of workers required for certain roles.
This therefore will result in a transition for a vast number of workers and the need for investment in people development, with the development of soft skills alongside digital skills being of equal importance. Upskilling has therefore become the indispensable response to ongoing technological advancements and organisations must continue to recognise human capital investment as an asset and take an active role in supporting their workforce through their reskilling and upskilling journey.
In this short documentary, academics, NGOs, policymakers and business leaders explain why upskilling for a digital world has become a priority for society, organisations and governments. We’re at an inflection point — we need to act now, collectively, to tackle this major, global issue before we risk excluding great swathes of society from the workplace. This is a complex problem that will require decision-makers to come together.
As part of our New world. New skills. programme, a collaboration with UNICEF has been launched with the aim of helping upskill the world’s youth. Our collaboration with UNICEF will support Generation Unlimited, a multi sector partnership aimed at helping 1.8 billion young people transition from school to work by 2030. PwC and UNICEF, in support of Generation Unlimited, will together convene public, private and civil society stakeholders to develop investment opportunities, programmes and innovations that support young people in their path to productive futures and engaged citizenship.
The collaboration will also support research on the global skills challenge and develop and expand education and skills programmes in countries, including in India and South Africa.
We support your organisation through every step of this process, from the early stages to the implementation phase. To help you upskill your workforce and keep pace with the required skills in the digital world, we can help you with:
PwC is at the forefront of this global imperative and has developed various initiatives and service offerings to support government, businesses and individuals throughout this transformational journey, namely: