Retraining

Employbridge’s Billy Milam and Joanie Bily Named to SIA 2024 Staffing 100 North America List

Retrieved on: 
Thursday, February 22, 2024

Employbridge , the largest industrial staffing company in the United States, today announced that its Chief Executive Officer Billy Milam and Chief Experience Officer Joanie Bily were named to Staffing Industry Analysts’ (SIA) 2024 “Staffing 100 North America” list.

Key Points: 
  • Employbridge , the largest industrial staffing company in the United States, today announced that its Chief Executive Officer Billy Milam and Chief Experience Officer Joanie Bily were named to Staffing Industry Analysts’ (SIA) 2024 “Staffing 100 North America” list.
  • “I am honored to be named to SIA’s 2024 Staffing 100 list,” said Billy Milam, CEO of Employbridge.
  • Bily has been recognized for previous SIA honors, including the “Global Power – 150 Women in Staffing List” seven years in a row.
  • Each of you have made an extraordinarily positive impact on your organizations, your teams and all the people you serve.”
    To view the full 2024 SIA 2024 Staffing 100 North America List, click here .

Fujitsu introduces "Uvance Wayfinders", expanded and strengthened consulting capabilities to deliver cross-industry business value

Retrieved on: 
Thursday, February 22, 2024

It establishes 13 key focus consulting areas including business and technology consulting to contribute to the solution of customers' business challenges and societal issues.

Key Points: 
  • It establishes 13 key focus consulting areas including business and technology consulting to contribute to the solution of customers' business challenges and societal issues.
  • The concept of "Wayfinders" alludes to how Fujitsu can help customers achieve their business goals, when the route may be unknown or uncertain.
  • Fujitsu in August 2023 established the Consulting CoE (Center of Excellence) as a new organization responsible for the governance function of its consulting business.
  • The Consulting CoE will develop an overall strategy for the consulting business and promote the expansion of consulting personnel, including a reskilling program.

IMA Publishes Report on the Global Impact of AI on Accounting and Finance Professionals

Retrieved on: 
Friday, February 16, 2024

The report outlines how to embrace a future with artificial intelligence (AI) along with the challenges organizations can face and prerequisites needed for a successful AI integration.

Key Points: 
  • The report outlines how to embrace a future with artificial intelligence (AI) along with the challenges organizations can face and prerequisites needed for a successful AI integration.
  • As AI continues to reshape the accounting and finance profession, IMA engaged global experts and leaders in the profession to study the applications of AI and what barriers could exist to implement processes into accountants' daily work.
  • Insights from these discussions are valuable for informing organizational strategies as leaders prepare to embark on their AI journey.
  • "The use of AI will drive the future of the profession's growth, unlock untapped potential, and increase the value of professionals and organizations."

IMA Publishes Report on the Global Impact of AI on Accounting and Finance Professionals

Retrieved on: 
Friday, February 16, 2024

The report outlines how to embrace a future with artificial intelligence (AI) along with the challenges organizations can face and prerequisites needed for a successful AI integration.

Key Points: 
  • The report outlines how to embrace a future with artificial intelligence (AI) along with the challenges organizations can face and prerequisites needed for a successful AI integration.
  • As AI continues to reshape the accounting and finance profession, IMA engaged global experts and leaders in the profession to study the applications of AI and what barriers could exist to implement processes into accountants' daily work.
  • Insights from these discussions are valuable for informing organizational strategies as leaders prepare to embark on their AI journey.
  • "The use of AI will drive the future of the profession's growth, unlock untapped potential, and increase the value of professionals and organizations."

Online Education Market to Record Growth of USD 148.22 billion from 2022 to 2027, 2U Inc., and Alef Education Consultancy LLC to Emerge as Some of the Key Companies- Technavio

Retrieved on: 
Friday, February 2, 2024

The online education segment offers individualized learning through subscription-based courses, catering to STEM subjects like science, technology, engineering, and mathematics.

Key Points: 
  • The online education segment offers individualized learning through subscription-based courses, catering to STEM subjects like science, technology, engineering, and mathematics.
  • By geography, the global online education market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global online education market.
  • The digital English language learning market size is forecast to increase by USD 21.58 billion, at a CAGR of 17.87% between 2023 and 2028.

Cognizant Impact Study Predicts Generative AI Could Inject $1 Trillion Into U.S. Economy Over 10 Years

Retrieved on: 
Wednesday, January 10, 2024

TEANECK, N.J., Jan. 10, 2024 /PRNewswire/ -- In partnership with Oxford Economics, Cognizant (NASDAQ: CTSH) today revealed findings from its new economic impact study New Work, New World, which predicted that 90% of jobs will be disrupted in some way by generative AI (gen AI), setting the stage for a profound shift in how we approach work, productivity and economic growth. The study also found that the technology's impact will be influenced by the rate of business adoption and how quickly individuals can adapt to new ways of working.

Key Points: 
  • "Our study aims to lift the curtain on the effects generative AI may have on our global workforce," said Adrian Cooper, CEO at Oxford Economics.
  • Generative AI offers the potential to improve operational efficiency, create new revenue streams, innovate products and services, and ultimately redefine businesses.
  • To quantify generative AI's potential impact on productivity and the future of work, Cognizant partnered with Oxford Economics to create an economic model that explores three scenarios of U.S. businesses' generative AI adoption.
  • This model considered 18,000 tasks that drive the U.S. economy, and carefully examines the impact Generative AI may have on the jobs that ladder up to these tasks.

Cognizant Impact Study Predicts Generative AI Could Inject $1 Trillion Into U.S. Economy Over 10 Years

Retrieved on: 
Wednesday, January 10, 2024

TEANECK, N.J., Jan. 10, 2024 /PRNewswire/ -- In partnership with Oxford Economics, Cognizant (NASDAQ: CTSH) today revealed findings from its new economic impact study New Work, New World, which predicted that 90% of jobs will be disrupted in some way by generative AI (gen AI), setting the stage for a profound shift in how we approach work, productivity and economic growth. The study also found that the technology's impact will be influenced by the rate of business adoption and how quickly individuals can adapt to new ways of working.

Key Points: 
  • Cognizant & Oxford Economics impact study predicts 90% of jobs will be disrupted in some way by generative AI.
  • Generative AI offers the potential to improve operational efficiency, create new revenue streams, innovate products and services, and ultimately redefine businesses.
  • To quantify generative AI's potential impact on productivity and the future of work, Cognizant partnered with Oxford Economics to create an economic model that explores three scenarios of U.S. businesses' generative AI adoption.
  • This model considered 18,000 tasks that drive the U.S. economy, and carefully examines the impact Generative AI may have on the jobs that ladder up to these tasks.

How Organizations Can Avoid Layoffs With a People-First Approach: Research From HR Firm McLean & Company

Retrieved on: 
Thursday, November 30, 2023

As a significant number of organizations announce layoffs and restructurings, McLean & Company, the global HR research and advisory firm, suggests for those evaluating the same path to instead consider reskilling and redeployment where possible.

Key Points: 
  • As a significant number of organizations announce layoffs and restructurings, McLean & Company, the global HR research and advisory firm, suggests for those evaluating the same path to instead consider reskilling and redeployment where possible.
  • McLean & Company acknowledges that there are situations in which layoffs are the only clear path forward for an organization.
  • Regardless of the solution, the research bundle from McLean & Company offers tactical guidance HR and organizational leaders can follow to support organizations and employees during a turbulent economic period.
  • In addition to industry resources, McLean & Company also offers workshops to HR professionals to support them in program building and navigating other nuances of their roles.

New Research Finds 36 Million U.S. Workers Are Stuck in High-Churn, Low-Pay Jobs

Retrieved on: 
Thursday, September 28, 2023

NEW YORK, Sept. 28, 2023 /PRNewswire/ -- With more than 36 million U.S. workers stranded in high-churn, low-pay jobs, the status quo U.S. education and training system is failing to deliver mobility for workers and is limiting the supply of quality, skilled talent for employers to stay competitive in today's labor market.

Key Points: 
  • The most common occupations in this category include delivery/sales workers and truck drivers; retail salespersons; cashiers; janitors and building cleaners; and cooks.
  • "Front-line workers are like stem cells, with many of the capabilities needed for higher-value work.
  • "Millions of U.S. workers skilled through alternative routes possess the skills that are required for the target jobs identified in this research," said Rebecca Agostino, VP of Learning at Multiverse.
  • Organizations that adopt apprenticeships can improve economic equity and mobility for disadvantaged communities by improving access to quality jobs.

Deloitte: Travel Leaders Embrace Automation and Tech as Workforce Challenges Continue to Weigh on Industry

Retrieved on: 
Thursday, September 21, 2023

NEW YORK, Sept. 21, 2023 /PRNewswire/ --

Key Points: 
  • Although air travel passenger volumes and hotel occupancy rates continue to rebound from pandemic lows, the travel industry continues to face a shortage of frontline workers.
  • At the same time, a shift toward greater automation and technology integration is set to fundamentally alter the travel experience and work environment.
  • Nearly half of leading tech adopters among airport (57%) and hotel (43%) leaders expect automation to decrease labor costs.
  • Staffing challenges impacted what it is like to be a traveler, just as much as it impacted being a travel industry employee.