Workforce development is a holistic approach to improving a company’s access to a qualified workforce by working with local organizations. Effective programs address numerous areas including educational opportunities, skill development, employment needs, career advancement, skill gaps and well-being. By ...
What is Workforce Development?Haralson, Lyn E
(MGI) and a senior partner in the Sydney office;Gautam Kumrais a senior partner in the Singapore office;Guillaume Dagorretis an associate partner in the Paris office;Jan Mischkeis an MGI partner and is based in the Zurich office;Kartik Jayaramis a senior partner in the Nairobi office;...
What Is a Growth Recession? In a growth recession, an economy grows at such a slow pace that more jobs are being lost than are being added. A growth recession doesn't reach the severity of a truerecession, but it still involves a rise inunemployment. It's an economy that's performing...
The changing workforce demographic is driving IT consumerization as well. Younger employees are less inclined to draw a firm line between personal and professional technology. Thesedigital-nativeemployees have grown up with smartphones, cloud apps and on-demand services, and they tend to ...
In a capitalist economy, the state doesn't directly employ the workforce. This lack of government-run employment can lead to unemployment during economicrecessionsanddepressions. In a socialist economy, the state is the primary employer. During times of economic hardship, the socialist state can ord...
Financial literacy, sometimes under the umbrella of financial wellness, is the understanding of financial concepts – like interest rates, student loans, credit scores and budgeting – and how your personal finances work. Not having an understanding of some of these concepts can ...
I think the way that climate change is now affecting people's individual lives has a lot more people interested and curious about it.” Whether you’re interested in engineering solutions to help society adapt to the effects of climate change or want to help governments adopt ...
Employers are increasingly favouring freelance workers because they're often a much more affordable form of increasing the workforce. In this article, we discuss what freelancing is, explore the different types of freelance work, learn how to earn money as a freelancer and provide a few tips to...
During a McKinsey Live webinar, experts Bonnie Dowling and Bill Schaninger discussed McKinsey’s recent research, which confirms that the Great Attrition is very real—and, unless leaders listen to their people and focus on what’s most important to them, could get ...