What is The Fourth Industrial Revolution?
The Fourth Industrial Revolution is in full swing and it’s not slowing down. But what does that mean? What is the Digital Skills Gap? What impact will it have on women, their careers and flexible working? ‘4IR’ as it’s also known is the term for the way disruptive technologies are radically changing our lives. It’s the merging of our biological, physical, digital and technological worlds. Artificial intelligence (AI), Robotics, The Internet Of Things (IOT) and Virtual Reality (VR) are fast becoming an essential part of our social and economic lives.
These changes are disrupting the business sector at an unprecedented pace. There is no denying these technologies will provide immense benefits to society. Conversely however they present huge challenges.
There is a fear that technology such as AI and robotics are replacing humans in the workplace. However, there will be strong demand for technical skills like programming, app development and skills that aren’t so easy for computers to master. Skills such as creative thinking, problem-solving and negotiating. Let’s explore this further.
The Digital Skills Gap
Here is the problem. Technology is advancing fast. Faster than many businesses can keep up with. The Digital Skills Gap is a real concern. As new categories of jobs emerge, they will partly or wholly displace others. Technology is only as good as the people developing and managing it. Businesses need to have people with the right digital skills to maintain business growth.
Nearly 50% of companies in the WE Forum Study, expect that automation will lead to some reduction in their full-time workforce by 2022. 38% of businesses expect to extend their workforce to new productivity-enhancing roles. More than a quarter expect automation to lead to creation of new roles in their enterprise.
A large study by EDF and the Social Market Foundation (2017) state that there will be 142,000 new jobs in science, research, engineering and technology from now until 2023. Demand for software engineers is rising quickly. Machine learning and data science fields, recorded 191% and 136% growth respectively since 2015. However another study, People Power by The City & Guilds Group (2018) found that 32% of employers struggle to recruit for specialist roles such as engineers, marketing and IT Staff, digital analysts.
The WE Forum Future Of Jobs (2018) found that technology adoption features highly in the growth strategy of companies. But the skills gap features heavily as a barrier.
The following are considered by (2018) and The WEF Future Of Jobs (2018) to be amongst jobs with the largest hiring growth.
- Software engineers
- Project managers,
- Marketing specialists
- Data Analysts and Scientists,
- Software and Applications Developers
- Ecommerce specialists, (such as FastSpring)
- Social Media Specialists
Essentially they are roles that significantly involve technology. Yet the skills required to perform these jobs are also identified as ‘skills amongst the skills gaps’ by Linkedin.
How Do We Address The Digital Skills Gap?
So what do we do about this digital skills gap? Who is going to fill the gap? Do we focus on children and encouraging interest in STEM fields? How can we help schools prepare our future workers with skills in emerging technologies. Consider numerous roles within the technology sector didn’t exist when many of us where at school.
Do we focus on the massive pool of parents. In particular the women who have so much to potential in terms of talent and commitment. The same women who wish to acquire the digital skills in demand. Parents that need support and guidance with career changes. The same people that seek flexible working opportunities. Let the demand from workers seeking flexible working meet the demand to plug the digital skills gap.
Remote working and other flexible working options are becoming increasingly popular and manageable. Thankfully, for parents who have put a career on hold because of crippling childcare costs and the nine to five inflexible working day; there is a future. However more work is needed to help businesses cope with these changes. They need to be equipped with the resources to manage a flexible working team.
The Winners Changing The Future Of Women Globally
The percentage of women in STEM related careers is low. The tech industry offers opportunities for in demand flexible working conditions. It seems clear that this is an area for businesses to make positive developments.
It’s early days in terms of changes. But there are companies running successful schemes for returners. Returner programmes aim to encourage those who have had career breaks to return. People who have years of experience but just need to up skill and build on their confidence.
There are forward thinking organisations such as the BBC. The ‘Step Into Tech Programme’ proving a huge success. No previous experience needed just a thirst for learning and tech.
Lots of new companies such as Tech Pixies, 23 Code Street, Digital Mums and Tech Returners have emerged in recent years. They are helping train women in tech skills such as coding, programming and social media management. Then there is The Tech Talent Charter. This industry collective are supported in the government’s policy paper on the UK Digital Strategy. They aim to bring together industries and organisations to drive diversity and address gender imbalance in technology roles.
The technology is there. The desire and passion is there. Career returners and career changers are willing. We just need to connect the dots.
Look out for more posts on this subject as we discuss ‘Women in tech’, ‘The future of the technological workplace’, ‘Coding for mums – by 23 Code Street’ and more.
Whilst you’re waiting for these fabulous reads, why not check out our flexible tech roles on our flexible working jobs board?