
If we do nothing, our current skills crisis will only exacerbate the growing divide between the world’s rich and poor. In such a world it will be impossible to achieve peace, environmental sustainability or prosperity.
Saadia Zahidi, Managing Director, New Economy and Society at the World Economic Forum.
The World Economic Forum 2020 was a success as global leaders gave their views on what the next step should be for workforce in the 4th Industrial Revolution.
And one of the key decisions taken is to make sure there is stability in the labor market with the introduction of the Reskilling Revolution.
The Reskilling Revolution is a target to reskill over a billion people in the next decade to maintain relevance and productivity in the market.
Why?
There’s a disruption that’s ongoing in the global workforce system and if key stakeholders remain mute on these moves that’s driven by innovation, joblessness and chaos will be the order of the day.
Therefore, a need for reskilling.
As part of the Reskilling Revolution, the US agreed to reskill over 15 million people to match up with the demands of economic changes, according to Ivanka Trump (so smart lady.. I couldn’t help but notice her dexterity during the session).

In Africa, what are we doing about this? (I was not happy when I noticed no African was on the panel.)
Hmmm… So, yes, what do we do? What will be the role of the employee on the street? What should graduates coming out of schools focus on?
If you are not aware, it’ll be fit for you to know that technology is driving the economy because tech is a very fast tool in helping to solve several problems in our world today. Thus, the economy goes where tech goes. And so far, education is yet to catch up.
According to Saadia Zahidi, MD, World Economic Forum, these three factors are vital for this revolution:
- Right Education
- Right Skill
- Right Job

Right Education
This begins but does not end with degrees. We are in a world where the relevance of degrees are being questioned not just by employers but by problems in the workplace.
It is not the employer that’s saying your degree is not relevant. It is the problem you’re not able to solve that’s questioning your four years in college.
It’s time for learning outside the formal structure. It’s time to connect with other people and see what they are learning. It’s time to use YouTube. It’s time to get on edX and learn something entirely new after your PhD.
Education is no longer a four year program but an everyday program.
https://giphy.com/gifs/guys-equipment-100RX3CQle9yTK
Right Skill
Don’t just get to school, get a course, study and graduate. You must know what skill is relevant in that course relation to the present day reality.
I believe that schools in Africa will catch up with this revolution. But while we wait for the system, we need to evaluate the necessary skills needed in our course of study and begin to give it attention.
And for the graduate who works, you should do an inventory to know what you’re lacking, so you can upgrade your skill.
For example, the social media skill is becoming increasingly important in the market place. Traditional advertising is not as effective as it use to.
Today, every employee is a marketer – take it or leave it.

Right Job
With the right education and right skill, you’re almost assured of the right job or opportunity. Why? If you don’t get the job, you can set up a business that solves the same problem.
Again, it’s important to look at the job you want and then go for the right education that will produce the right skill for the right job.
Personal Assessment
Check the job requirements in your industry a decade ago and today. Which of the today’s skills are you lacking? What books can you begin to study or blogs can you begin to read or videos on YouTube do you need to listen to or what course can you take on edX…?
The options are limitless.
The change is here. Only the reskilled can survive.
I’ll close with the words of Winnie Byanyima, Executive Director, UNAIDS, during the session Strategic Outlook: Africa at Davos:
… we are also showing that we are learning but learning too slowly. The world is not waiting for us. Poverty is increasing. Climate change is worsening the situation.
To get more insight, read this Which of tomorrow’s jobs are you qualified for?































