The modern, global economic climate has changed significantly over the last couple of years. But some things remain the same: and the need for a skilled workforce is one of them.

Why? Because the market-led economic model that the world adheres to depends on one central premise to sustain itself: continuous improvement. And in order to see year-on-year increases in their profits, businesses are going to be expecting increased productivity from their employees. For this to happen, the average worker will need to increase their skillset.

Increasingly Technologised World

It almost goes without saying that we also live in an increasingly technologised world. Increasing numbers of people may well see the value in re-training and moving into a more technologically-slanted area - whether it's just through improving their IT skills, or taking a more radical change in direction and looking into the variety of information science degrees online.

Competition for Jobs from Elsewhere

India, China and Eastern Europe all have increasingly well-educated workforces who are willing and increasingly able to contribute to the world of work in Western Europe and the United States. The clincher, of course, is that they're prepared to do so for much lower wages and fewer obligations with regards to employment law. So the temptation to outsource to cut costs is likely to become even more considerable as time goes by.

Again, though, this is far from merely a threat to people's jobs: position yourself right, and there are likely to be considerable opportunities. Because with outsourcing comes the need for a whole other set of personnel with different skills - increasing numbers of people might well find themselves in a position where they have to manage a workforce remotely and be accountable for their performance.

Business administration degrees are likely to become ever more in demand as even middle managers are expected to have a strong grasp of everything from accounting (managing the payroll, say) to human resources.

Opportunities Provided by Re-training

Across the board, there are significant opportunities inherent in both the current economic climate and the pre-existing economic model. If employers aren't actually prepared to invest in their workforce and pay for training in order to facilitate grpwth - as ever greater numbers seem prepared to be these days - then sabbaticals and educational breaks are always there as an alternative option.

Because, ultimately, when it comes down to it, very few businesses don't see the value in their employees looking to become better at their jobs. And that, after all, is what looking to educate yourself  - whether it's a short task-specific course, or a full-time degree - will result in.

About the Author

UK-based writer Paul Collins specialises in travel and education. With a background as both a private English teacher, a freelance writer and an online marketer, though, he had always made it his business to keep a close eye on the very best business administration degrees and information science degrees online.

(ArticlesBase SC #2027760)

Article Source: - Why The Modern World Of Business Needs An Increasingly Highly Educated Workforce