QUTeX INSIGHTS

Whitepaper

Skills and Credentialing: Implications for the Future Workforce

By Dr Peter Beven

The skilling challenge has been influenced by multiple forces in the global economy:

  • the disruptive impacts of new and emerging technologies on jobs and the ways of working;
  • changing population demographics;
  • globalisation; and
  • the cumulative effects of long periods of sustained economic growth.

The building of skills has become a key component of industrial policy by governments globally and is widely recognised as an essential component of a firms' ability to absorb and use ideas and technologies from elsewhere.

Moreover, skills are a major driving force of growth through their specific effect on labour productivity. They are essential for new entrants to the labour market, the ability to access good-quality jobs and embark in successful careers.

They are also crucial for adults to keep abreast of technological developments and maintain their employability in a rapidly changing and inter-dependent world.

In this QUTeX INSIGHTS whitepaper, Dr Peter Beven explores:

  • the ongoing skilling challenge, and the education-skilling paradox;
  • the emergence of the micro-credential; and
  • QUT's response to address the needs of employers, individual learners and the university through its micro-credentialing approach.

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