Remove 2050 Remove Coaching Remove Recruiting Remove Training
article thumbnail

COVID-19, Manufacturing Skills Gap and the Connected Worker

Strategy Driven

By 2050, the world population is estimated to grow from 7.6 This aging workforce, coupled with a tight labor market, has resulted in critical skills and talent gaps impacting the ability of asset-intensive industries to recruit, train and retain a workforce with suitable competencies. billion to 9.6

article thumbnail

Mistaking performance for competence

TechCrunch

Consider that to develop a digitally native product like a surgical robot — and bring it all the way through to commercialization — costs will include both the classic and complex medical device innovation needs, but also investment in an entire ecosystem of services, support, training and market development. Fair enough.