Should Business Skip Depending On Colleges & Begin Training Its Own Skilled Employees?
Colleges are proving to be too expensive and their output capacity too limited to provide all the needed high-skill workers.
By David Grace (www.DavidGraceAuthor.com)
Business Has Historically Relied On Others to Train Its Workers
American business has traditionally depended on third parties to train its workers. Until at least the last third of the 20th Century, a high-school education was sufficient to perform a majority of American jobs.
Whether you were working on a factory floor, a farm, a warehouse, or a retail outlet, most employees could be trained in a few days or, at most, a couple of weeks. For those specialist jobs — engineers, doctors, lawyers, accountants, chemists — American universities turned out enough graduates to fill most employers’ needs.
Higher Job Skills Are Needed In The Technological Age Than In The Industrial Age
But as the economy transitions from the Industrial Age into the Technological Age, things are changing.
Good-paying manufacturing jobs that used to be filled by blue-collar, high-school graduates are disappearing in big numbers…
