In some respects, graduates entering the workforce today seem incredibly well-prepared. They’ve learned how to tackle financial models, build marketing plans, and lead complex projects. And yet, they’re just not ready. What they haven’t been taught – even at top-tier institutions – are vital soft skills like resilience, empathy and confidence. In a recent McKinsey survey, 60 percent of employers said that new graduates were not adequately prepared for the world of work. Forty percent reported the main reason for entry-level job vacancies to be a lack of skills – notably, including in soft skills such as communication, teamwork, a love for learning and a willingness to take risks. These traits aren’t always listed as […]

The global economy is changing. The old engines of job creation are stuttering. The jobs gap is rapidly widening, threatening stability in societies around the world. Corporate structures, meanwhile, are creaking or failing – disrupted by technology that is leveling the playing field between small businesses and big enterprise. This is not a slow economic evolution, but – as I have argued before – more like a tectonic rupture along the three fault lines of technology, talent, and demographics. The result of this transformation: We are moving into a post-corporation world, with an economy based not on hierarchies, but collaboration. Let me be clear: neither big business nor small enterprises are dead. However, they will […]