With rapid technological advancements, shifting workplace culture, lay-offs, and certain jobs becoming obsolete, the nature of work will continue to change and impact our stability, and career trajectory and heighten anxieties about how to prepare for the future of work.
Millions of people will need re-skilling, career support, and redeployment into new roles.
Yet, our existing education and work institutions are falling short in providing the necessary support for individuals to pivot careers quickly and effectively, especially in terms of gaining real-world, hands-on experience. After completing existing retraining students have to secure employment on their own. Graduates ****face a classic conundrum: to secure a job, you need experience; to gain that experience, you need a job.
Existing professional development boot camps like General Assembly, Product School, Career Foundry that cost on average $8,000 don’t have an option for students to practice what they have learned outside of the classroom. Yet, getting “hands-on” experience is one of the most effective learning methods, highlighted by the experiential learning theory. According to the 70-20-10 model, 70% of learning comes from on-the-job experience that continuing education schools don’t currently offer.