Miles Enterprise Solutions
Employers across various sectors face challenges in finding qualified workers, while workers are reconsidering career paths, emphasizing the need for digital skills amidst rapid technological advancements, although supply remains insufficient, leading to difficulties in managing digital transformation and filling digital roles, highlighting the growing importance of both digital and soft skills in adapting to evolving work environments, as recognized by organizations.
Companies globally, regardless of size or industry, are increasingly challenged by a shortage of skilled employees, with CEOs predicting it to be the major business disrupter of 2022, and studies projecting a global talent deficit of over 85 million people by 2030, potentially leading to $8.5 trillion in unrealized annual revenues.
Students are shifting towards prioritizing educational programs that offer high-demand skills and clear career outcomes, prompting a reevaluation of traditional institution-centric approaches in light of evolving market needs.
In today's digital-focused environment, the demand for digital skills is widespread. Proficiency in virtual collaboration, workflow automation, and AI-driven data utilization is essential for staying competitive. This underscores the vital importance of ongoing training. Companies that offer digital skills training have a better chance of attracting and retaining talent. Neglecting opportunities for employee growth can result in higher turnover costs, reduced retention, and lower morale. Therefore, it's crucial for businesses to prioritize investments in workforce training to address the digital skills gap and ensure continued success in the ever-evolving global workforce. The stakes are high, with trillions of dollars on the line.
The Miles 360 º Talent Accelerator delivers distinctive learning experiences designed to create economic prosperity for individuals, businesses, and communities; help companies expand, innovate, and thrive in a competitive global economy; and support their investment in talent that can keep pace with the latest industry advances. In addition to developing existing talent, The Miles 360º Talent Accelerator provides innovate go-to-market approaches for attracting new talent to fields with significant labor shortages. Talent attraction and development are more important than ever; by solving these problems, The Miles 360º Accelerator could become integral to a business instead of simply benefitting an employee.
These structured workplace development programs, lasting 3 to 6 months, provide hands-on learning experiences to equip individuals with the necessary knowledge and skills for specific tasks, offering a cost-effective solution for filling skilled positions and enhancing organizational productivity.
Flexible training strategy that can be customized to meet the need of every business. This is an employer-driven model that combines on-the-job learning with related classroom instruction that increases an employee’s skill level and wages. This training strategy is designed to meet the following challenges:
This competitive eight-week virtual summer learning opportunity equips participants with essential foundational and technical skills for future career success, offering a chance to adapt and evolve, with completion leading to a Miles digital certificate and potential internship consideration.
For HS or college students, Miles’ internship is designed to immerse learners in work environments relevant to their area of study and level up their technical skills, knowledge, and attitude towards work. Studies have shown that employers expect to boost their intern hiring by22.6% for the 2021-2022 academic year. This increase in intern hiring aligns with projections for full-time hiring with a significant number of employers say they expect to increase full-time hiring by 31.6%.
A skills gap analysis allows a business to detect any training requirements based on individual employees’ existing skillsets and identify where knowledge gaps exist within the organization. The tool helps employers determine the knowledge area where the employee excel and where they fall short. The result of the analysis is the development of an effective employee and training development program.
Offering stackable credentials with clear “on-ramps” and “off-ramps” that allow concurrent or sequenced work experience opportunities, programs could meet students’ unique needs and support their overall skill-building trajectory while keeping them engaged and driving completion rates. Stackable credentials aim to better prepare students for jobs or internships by helping them master specific job-related skills.
For additional case studies and insights into how Miles Enterprise Solutions can drive value for your business or browse through our resources.
Explore More
