logo image

TD Magazine Article

Member Benefit

Workforce Development

By

Thu Dec 01 2005

Loading...

The article focuses on the changing nature of workforce development in organizations. With markets and needs constantly changing, companies must also anticipate the supply and demand of human infrastructure and skilled workers. According to Brian Kramer, program director for workforce development at IBM, skilled people are a critical raw material. Further, with the aging of the workforce, the impact of baby-boomer retirement and the need to retain their knowledge and skills, the sense of urgency has grown. IBM has been providing workforce development services to national, state, and local governments for about six years and the company also participates in public-private workforce development partnerships to train and deliver skilled workers for deliberately identified needs. According to a recent analysis of data from participating countries by the Organization for Economic Cooperation and Development during a 35-year period, investments in human capital, such as education and skills training, produce three times more economic growth than do investments in the physical infrastructure.

You've Reached ATD Member-only Content

Become an ATD member to continue

Already a member?Sign In

ISSUE

Workforce Development

Advertisement

Download

Workforce Development

View

Copyright © 2024 ATD

ASTD changed its name to ATD to meet the growing needs of a dynamic, global profession.

Terms of UsePrivacy NoticeCookie Policy