It's not enough to just worry about how your revenues are going to look at the end of this quarter, and it's also not enough to be thinking about how your business is going to adapt to new realities in the coming years. We need to take a serious step back and also analyse the state of education, and what it's going to mean (and look like) in the future.
None of us are going to have any modicum of success if we can't hire, develop and nurture the right talent out of school. It's also going to be increasingly challenging if those young people are not prepared for the new realities of the new workplace.
While in New York City recently for a series of meetings, I was introduced to a senior publishing executive who was intrigued by the topic of my forthcoming book (Six Pixels of Separation, expected in September). It turns out said executive has a son who is about to complete his MBA at an Ivy League school. The problem (according to this industry executive) is: "Where is he going to work? All of those jobs are either gone, or people with tons more experience are willing to do them for a fraction of what they were paying only six months ago." It's not an uncommon concern, and the obvious fear in this father's tone of voice is becoming much more apparent in conversations with other business professionals who have young adult children about to enter the workforce.