CEO of Royal Bank of Canada: We must do more now to prepare young people for the future of work | MIT J-WEL

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CEO of Royal Bank of Canada: We must do more now to prepare young people for the future of work

The Globe and Mail recently published an opinion piece by Dave McKay, the CEO of the Royal Bank of Canada, describing efforts by RBC—and in Canada more widely—to address workforce preparedness. From the piece:

On Vancouver Island, TimberWest is searching for foresters who can harvest data as well as trees. In Alberta, Suncor is working with First Nations peoples to build a new pipeline of talent, with aboriginal youth who can work with new technologies such as self-driving trucks. And in Toronto, Saint Elizabeth Health Care is looking to advance digital and communications skills to assist patients where they want – in their homes or remotely.

Across the country, we’re seeing Canadians and Canadian companies embrace the next generation of technology like never before. Unfortunately, the way we go about educating and employing the next generation of Canadians isn’t keeping pace.

It’s our quiet crisis and it’s about to get a lot louder if we don’t take the future of work more seriously.

Canada is at a historic crossroads, with the largest generation of young people now coming fully in the workforce at the very same time as a revolutionary age of technology, from artificial intelligence to the Internet of Things, is starting to affect every job in the country. Read more.

J-WEL brings MIT’s unique expertise in the technologies and disciplines that are both disrupting the workplace and revolutionizing education—including artificial intelligence, IoT, digital learning, and brain and cognitive science—to our member community to transform how the world educates both traditional students and working professionals. Learn more about the Workplace Learning Collaborative at J-WEL.