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ESCO - supports the digital labour market in Europe

7/31/2019

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Over the past two decades, the digital revolution has changed how the labour market matches people with jobs. Nowadays, people find their jobs mainly online. In addition, employers increasingly manage their HR and recruitment processes with IT. At the same time, modern job matching instruments put skills at the centre of their job matching processes. Talent platforms like job boards, social media platforms and crowdsourcing marketplaces have become the cornerstone for the functioning of the labour market. The European Commission has recently launched a video showing how ESCO can support employers and jobseekers facing these new digital labour market challenges. The video includes testimonials of professionals from small and major digital companies highlighting the current difficulties to recruit the right people with the right skills and how ESCO offers a multilingual effective solution, which helps both employers and jobseekers in their recruitment and job matching processes. Moreover, ESCO can be used for assessing big data from the labour market and on online job vacancies, thus facilitating the development of skills forecasting and improving skills intelligence gathering related to the labour market.

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Link to ESCO portal

TALENT 4.0 - Talent Management for Industry 4.0

The approach of talent management is in fact not really new in Europe, however, on the one hand it has so far not at all really entered the strategic and corporate training and development level of companies (especially SMEs) and on the other hand does not at all make use of potentials of
digitalisation at all. European companies do hardly use active talent management in their human resources policies at least not on a strategic level, however, the term “war for talents” is ubiquitous.

Visit Talent 4.0 on facebook
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Read more about Talent 4.0 on the project website.
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Can entrepreneurship be taught?

5/19/2018

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Can entrepreneurship be taught? Who is the right person to teach someone how to be an entrepreneur? The answers to these questions are vital for every young aspiring entrepreneur who wants to succeed. Opinions, however, vary depending on the person you might be asking.
Guest article by the Institute of Entrepreneurship - a member of the SME Academy Network
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Things you can or cannot learn

According to some people, entrepreneurship skills can be taught at higher education institutes and high schools. Others believe that entrepreneurship can only be taught to people by other entrepreneurs who have practical experience on the field. And finally there are people who believe that entrepreneurship cannot be taught by someone. It is something that every entrepreneur can learn only while doing it. And the question still remains. Can entrepreneurship be taught?

If you look at the matter from a spherical point of view, you will notice that the concept of entrepreneurship is divided in different stages. And although entrepreneurship, as a whole, might not be easy or possible to teach, some stages might be:
  • The Idea Stage. To be an entrepreneur you need an idea to build on. The original idea that will be giving birth to your company. And no one can teach you how to think and innovate. The idea will have to be something that you will come up with on your own.
  • Setting up a business plan is the second stage. You need funding and the right business plan will be able to give you that funding. Now this stage can be taught. Business departments in colleges and universities all around the world have classes that focus on teaching future businessmen and businesswomen how to create successful business plans.
  • Setting up the company, after you receive the funding is the next stage. This is where things get a little tricky. Although the way you are going to be choosing your employees might follow a certain pattern, you also need, what entrepreneurs call, critical way of thinking. The details will be based on the original idea as well as the future that you visualize, for your business. No one can teach you how to think and judge based on the needs of your company because no one knows them apart from you.
  • Last but not least we have the evolution stage. You have created your business plan. You got the funding you needed and you hired your employees. Now is the time for you to put your ideas into practice and start evolving them and here is where creativity comes in. Creativity skills cannot be taught in a classroom. They are acquired through experience and through creative thinking processes. One cannot learn to be innovative and entrepreneurial, while on desk duty.  You need to explore things, use your imagination, question assumptions and connect information in order for you to achieve the best result.

Some entrepreneurial skills can be taught and others cannot. “The key factor is motivation.” The teachers need to be motivated in order to teach important parts of entrepreneurship to students and students need to be motivated in order to understand the importance of the entrepreneurship skills and learn them. “Entrepreneurship can, partially, be taught.” But without imagination, innovation and a thirst to meet the unknown people will not be able to become true entrepreneurs.
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