June 21-24, 2021

Session

254 - Breakout Panel - Solving the $8.5 Trillion Talent Shortage

Tuesday, June 22nd • 1:00pm — 2:00pm PDT

We are worried that robots and automation will soon take over our jobs. Turns out that could be the case because there may not be enough humans left in the workplace. A Korn Ferry study predicts a global talent shortage of more than 85 million by 2030, resulting in about $8.5 trillion in unrealized annual revenues. In the tech industry alone, the U.S. could lose out on $162 billion worth of revenues annually, unless it finds more high-tech workers. No doubt, the pandemic has changed the way we work. And yes, technology has been the bedrock of our lives - professional and personal. We also proved that companies can continue to innovate, irrespective of where the talents are located. Now, it's our responsibility - companies, universities and government - to plan and prevent the talent shortage from happening so we can keep the tech eco-system humming. But how? In this session, the experts will share their insights on: * Best practices on reskilling or upskilling professionals * Ways to foster existing workforce * Educating and preparing the next generation of engineers * And more.