Addressing the Skills Gap in Manufacturing
The shortage of skilled workers has become a very real problem for the manufacturing industry – and one that can have a significant negative impact. Without the right people with the right skills, a manufacturing company simply cannot attain the operational excellence and productivity required to thrive. The ability to bring products to market cost-efficiently – all while meeting strict government regulations – is severely hindered. And digital transformation is throttled. You may have first noticed the drying-up of suitable talent a few years ago; well paid jobs that used to be filled immediately started taking a month, then two, then three to fill. Before you knew it you had a backlog of openings and very few ideal internal or external candidates with the skills required to step-up.
Want to keep learning? Explore our products, customer stories, and the latest industry insights.
Build power skills everyone needs for success in manufacturing
According to Deloitte, 4.6 million manufacturing employees will be needed by 2028, but 2.4 million of those jobs may go unfilled if steps are not taken to ensure proper training, putting $2.5 trillion in manufacturing GDP at risk. And unlike most industries affected by the COVID-19 pandemic, a shift to remote work was not possible for many manufacturing employees, as they are needed to operate factories and production plants. It is therefore critical for manufacturing organisations to focus on reskilling and upskilling to retain their employees and provide them with the opportunity to grow their careers through skill building.
Nothing pays off better than learning
Examining the cost savings and benefits of Cornerstone’s learning and content solutions.