Education for Employment: Why Models Are So Difficult to Build?
Everyone loves a good theory. In this difficult job market, the idea that one can conceive an education closely aligned with what the employers need sounds like a good idea. It works for the employers too, who are having to look harder and harder for the right talent and frequently blame the education process for this problem. All too often, this does not work. McKinsey believes that this is because the employers and educators have different priorities. For many educators, getting the students to successfully complete the courses and earn the requisite credentials are good enough. For many employers, the requirements are very very specific and they want to do as little educating as possible themselves. Besides, the employers' requirements are always evolving whereas education remains a long process: Even if a perfect solution could be found to bridge the gap of understanding - through, for example, building corporate universities - the time lag still remains a significant ch...