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What Skills Do You Need To For The 4.0 Workplace?

In India, this is a significant shift away from our traditional educational ecosystem that has operated with a keen focus on building technical capabilities rather than individual workplace skills.

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In the age of the Fourth Revolution or the 4.0 world, as global connectivity increases, the on-demand culture emanates, machines get smarter, new media comes to the forefront, and mindsets, approaches and behaviours see a shift, an area of significant change is coming in the way we work, what defines work and the skills needed for the evolving workplace. 

This poses a particular challenge for new graduates, employers and educational institutions as they try to understand what constitutes ‘job readiness’ in a 4.0 world. 

In a report released by the Institute for the Future at the University of Phoenix Research Institute (UPRI), on Future Work Skills 2020, they highlight the following 6 factors as key drivers of change: extreme longevity with growing life expectancy, the rise of smart machines and systems, the computational world with increased sensors and processing powers, new media ecology, superstructured organizations and a globally connected world. 

According to their report, the 10 skills of sense-making, social intelligence, novel and adaptive thinking, cross-cultural competency, computational thinking, new media literacy, transdisciplinarity, design mindset, cognitive load management and virtual collaboration are key to survive in the 2020 workplace. 

The World Economic Forum (WEF) identifies the Top 10 skills for 2020 as cognitive flexibility, critical thinking, emotional intelligence, complex problem solving, creativity, people management, collaboration, judgment and decision making, service orientation and negotiation. Forbes in their report added some skills such as awareness and sensitivity, reading intelligently, communication, analytical, leveraging technology and learning how to learn in their recommended future-ready skills.

Whether its feedback received from think thanks or leaders such as Mukesh Ambani to the World Economic Forum (WEF), the future ready skills for the 2020 world are all largely non-technical or intangible in nature. 

In India, this is a significant shift away from our traditional educational ecosystem that has operated with a keen focus on building technical capabilities rather than individual workplace skills. 

In a world of constant disruption, metamorphoses and innovation, how then do today’s graduates prepare themselves to swipe right to their ideal career?

The key intangible skills that are slated to contribute to 60-70% of workplace success as follows:

Emotional Intelligence (EQ)

  • Self- Awareness
  • Self- Management
  • Self- Motivation
  • Communication/Social Skills
  • Empathy 
  • Resilience

Behavioural Skills

  • Business Etiquette
  • Teamwork and Collaboration
  • Negotiation Skills
  • Time Management
  • Navigating Difficult Situations
  • Relationship Building
  • Confidence
  • Commercial Awareness
  • Decision Making

Other Key Skills

  • Critical Thinking
  • Problem-Solving
  • Cognitive Flexibility
  • Creativity/Innovation

Disclaimer: The views expressed in the article above are those of the authors' and do not necessarily represent or reflect the views of this publishing house


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Skills Development skills Industry 4.0

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