Role of Private Sector in Linking Education & Employability

Maybe this is a case of the glass half empty – if numbers are correct, 70% of employers DO find skilled talent! But the trend has been clear for many years: most employers are not budgeting resources to “upgrade” skills of hired talent. The catch 22 is that graduates need to strategically gain these skills outside the classroom.

Global Career Compass

Reporting on IFC conference on private education, “Making Global Connections,” University World News http://test.universityworldnews.com/article.php?story=2012031514592545 offers glimpse of growing efforts to bridge employer needs for talent with innovative private sector education initiatives.

The article states: Some “30% of employers globally say they do not find enough people for the jobs that they have,” Gassan Al-Kibsi, managing partner at McKinsey and Company in Saudi Arabia, told the IFC’s conference on private education held in Dubai from 6-8 March. Top-up courses for graduates, devised with industry in mind, can bridge the gap between academic courses and working life. Such courses are organised to supplement university degrees and are often provided by private or non-profit institutions. “Government institutions are often unable to understand employers’ needs,” Al-Kibsi said.

The International Finance Corporation (IFC) has built an investment portfolio of US$400 million involving 69 projects in 33 countries, many of them in higher education. “Like it or not, the…

View original post 88 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 1,324 other followers

Archives

Blog Stats

  • 31,122 hits
%d bloggers like this: