Trane Technologies’ Post

This is so needed, especially if we are going to compete on a global level.

I have thoughts. Thank you to Stand Together for posting this provocative piece. As you can expect, I agree and disagree. I agree: the cost of college is not tied to its value, full stop. The root of this decoupling can be debated, but the end result is clear: mountains of student debt, lack of equity in opportunity for jobs, and a misunderstanding of the role of continued education. Every young person should be prepared to enter society as an adult in meaningful ways, for themselves and others. We are missing the mark as the existing post-secondary system is a leaky ship, letting the most vulnerable of us sink. I disagree: the value of a liberal arts education as a means of economic mobility, civics, and self-empowerment is proven, time and time again. 18, 19, 20, and 21 year olds - especially those from low-access, opportunity-poor backgrounds - benefit from the increased choice that comes from self-exploration. This empowers young learners to seek out who they want to become and what they want to do with their time, which betters themselves, the communities they belong to, and society overall. We all become better when we adopt a #growthmindset and developmentally, young adulthood is critical to that process. The solution is simple in theory: it comes down to #access and #choice. Expanding access and choice - to degrees, credentials, jobs, continued learning opportunities etc. - should be the goal of public and private institutions in the education space. This explains the biggest hurdles we face today. - Not enough young people can explore life in all of its grandeur - Not enough young people can feel engaged in the communities that they often don't choose to be a part of - Not enough young people can find pathways to jobs that build generational wealth Overcoming these hurdles is within reach, it always will be, with determined effort, investment, and time. Every moment is an opportunity to change everything for the better. #access #choice #education #workforcedevelopment

Learn about the "paper ceiling" and how it is blocking millions from jobs that employers NEED to fill.

This very interesting article covers topics like #sustainability, #climatechange, #economictheories, #marketfailures, #beyondthemarket, the role of governments, and diversity of thoughts in #Businessschools. I particularly enjoy these paragraphs: "Back in the classroom, my MBA students vote for the article that best reflects their own views. Many are surprised to see half the class raising a hand for socialism. Some who voted socialist seem a bit embarrassed, perhaps concerned that they aren’t thinking like future business leaders are supposed to. They rush to add caveats about the practical obstacles to a fully socialist system and express openness to more modest steps. But something wonderful has happened. My students have made a leap to a much more nuanced understanding of both capitalism and socialist alternatives. And I believe that new understanding will make them more effective as business leaders and as citizens".

For students pursuing higher education, two imperatives stand out: graduating with less debt and more skills. Conversations surrounding student debt and the cost of college have grown in recent years. This is also happening while the workforce is seeing an increased need for employees who possess not only the right education credentials, but the necessary skills. At the ASU GSV Summit today, BCG's Lane McBride discussed these topics in his session, "Graduating Students with Less Debt and More Skills." He sat down with leaders Geordie Hyland, Nivine Megahed, Steve Taylor, D.B.A., and Dan Fisher to discuss these issues, including how to navigate them amidst the changing landscape of the green transition and GenAI. Learn more about the rise of skills-based hiring in a new report by BCG and Cara Plus: https://lnkd.in/gmFYPRBv

Great article from Tom Blomfield @t_blom on taking risks. Tom poses an interesting question, "Young people who consider starting businesses are discouraged and the vast majority of our smart, technical graduates take “safe” jobs at prestigious employers. I am trying to figure out why that is." As parents, wanting the "best" for our kids could push them to choose the "safe" option. I think a paradigm shift as parents could be a significant factor to help the next generation not be risk adverse. Would love to hear your thoughts on this one!  https://lnkd.in/gx8EFnW9

High-demand skills continuously change and evolve. Yet, the study of traditional liberal arts: humanities, social sciences, math, and science can continue to play a vital role in enabling the future of work. According to the BCG study below, high-demand skills will include interpersonal communications, holistic security, creativity, and continuous learning that begins with a community’s early schooling. In my view, these are capabilities that are well developed at most liberal arts colleges. #skills #futureofwork #liberalarts https://lnkd.in/eV7DMexY

“We need to make our pie bigger.” This is the biggest mindset shift any founder / company / country needs to make to thrive, as Tom expands on in the article. This is the biggest difference I experience in my interactions with those in the UK, USA, KSA, UAE etc. Honestly, I wish I’d embraced this 10-15 years ago myself. Last week two examples… We proposed a merger collaboration to grow the value of a company 2-3x overnight. “But we would get diluted”, said one UK company owner. When discussing a similar partnership to a US owner… “Great, how can we do lots of these together? Perhaps we help you get wider distribution and take a share in the HoldCo?” Totally different tone. Totally different outcomes. What about you? Are you focused on growing the pie? Or protecting the slice you have?

📝"Embracing a Skills-Based Approach for the Future Workforce" by John Woods, Chief Academic Officer and Provost, University of Phoenix. This article speak so the importance of filling gaps in the workforce through higher educational offerings. Read here: https://bit.ly/3yPccxx

Adults in the US don’t trust college. (according to a Gallup poll) Only 36% of US adults have "A Great Deal"/"Quite A Lot" of confidence in higher education. The stat underscores the pivotal role of education in shaping our society. ↳ And highlights the importance of continuously enhancing educational experiences. A few questions: →  What strategies will bolster confidence in higher education?  →  Will this accelerate skills-based learning initiatives?  →  What role do digital credentials play in educational trust? The opportunities for higher ed to transform and thrive are huge. (If leaders are bold.) 1. Better alignment to the jobs to be done. 2. Assessments to match student to the right careers. 3. Incremental credentialing. 4. Scalable programs for experiential work. What’s your list? ********* P.S. Repost to share with your followers ♻️ P.S.S. Let’s connect if we haven’t already!