NEW TECHNOLOGY
predictive analysis tools can examine vast amounts of labour market data, including job postings, hiring trends and economic indicators. Lifelong learning tools can also suggest upskilling courses, modules and certicates by studying a candidate’s prole, capabilities and experience. By harnessing machine-learning algorithms, educators can customise content delivery, adapt teaching strategies and oer personalised feedback to students. Such an approach can cater to individual learning needs, facilitate deeper understanding and improve overall learning and employment outcomes. EMBRACING AI TO FACE AN EVERCHANGING JOB WORLD From technical to soft skills, with AI becoming so prevalent, it is critical that students and faculty are open to its potential and willing to embrace its power. It’s not just about learning new skills; it’s also about cultivating a progressive mindset, which involves perceiving obstacles as opportunities for growth and lifelong learning. Students who adopt this perspective are better ready to overcome challenges and adapt to new conditions – critical in an ever-changing job world. This is the future where leaders are expected to take bold transformational decisions for growth, adaptability and willingness, to have a human outlook while collaborating with articial intelligence. In fact, the World Economic Forum recently highlighted this ‘skills-rst approach’, noting that the ability to exibly and eciently learn and apply knowledge across situations to bridge the demand-supply gap in industry will prevail, despite many uncertainties. Moreover, learning will extend beyond traditional upskilling programmes and encompass ‘everyday learning’ in unconventional ways. This approach will nurture curiosity, encourage questioning and foster aspirations, all while being immersed in the learning process. The time to re-engineer our way of engaging and executing tasks is now, as we ride the wave of AI development; think of this technology as your personal brainstorming colleague. Through embracing the age of AI, higher education institutions can support students to leverage the endless possibilities. Of course ‘evergreen’ skills such as integrity, transparency, communication, agility, risk management, innovation and being a good listener, will continue to be important in the future. But the biggest winner will be the ability to lead through disruptive dynamics with courage, empathy and innovative thinking.
As the workplace evolves, it’s increasingly important for students to have access to the tools and resources they need to navigate the job market successfully. By incorporating AI into career development programmes, it is easier to analyse data, predict trends and oer personalised recommendations. AI-powered career services can help students nd the perfect job match. To optimise their CV, tools such as resume analysis can be used. AI tools such as Big Interview can take recorded interviews, assessing various features of the face and body language along with pitch and tone to help students nesse their screen presence skills. Students can use case study simulations to analyse the situation and choose a course of action based on the possibilities presented. AI can then identify the optimal scenario and share the results. Platforms for skill assessments identifying competitive strengths, personality traits and opportunities for development can also set out the best set of roles for an applicant based on their skills, talents and qualications by examining an array of job roles. Through this, students gain valuable insights into the job market and learn how to promote themselves. AI-powered tools can analyse vast amounts of student data, including performance, learning preferences and progress, to provide adaptive learning experiences. In order to forecast future job prospects,
Uma Gunasilan is the associate dean of research and the chair of AI at Hult International Business School. With 25 years’ academic experience and 10 years working in IT consulting, her interests include the eective deployment of AI and progressive academic management models
Nikhil Soi is a career development advisor at Hult International Business School. He specialises in designing impactful career development learning experiences for students that incorporate lifelong learning and the future of work, with a focus on technology-driven solutions
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Business Impact ISSUE 3 2023
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