A Dearth of Investment in Young Workers

nytlogo152x23Tyler Cown, a professor of economics at George Mason University, wrote a New York Times article, with the same title as this post (http://www.nytimes.com/2013/09/08/business/a-dearth-of-investment-in-young-workers.html?_r=0).  What  is troubling is his argument that due to a slow economic recovery, that much of our nations youth are being bypassed.  Suggesting that these workers will not attain the economic status of their parents or achieve the desire of being middle-class.

Mr. Cown’s article makes the following points:

  • Businesses have been and are expected to continue to be unwilling to invest in teaching skills to their new staff.
  • That these same businesses are investing in information technologies that eliminates dependency on staff, and,
  • Staff can expect to have more of their training and education delivered to them online.

The article is a bit sobering and does not point to a rosy outlook.  Reading is does, however, provide opportunities for companies who wish to take an alternative path to success.  It also creates opportunities for firms delivering affordable solutions to these companies to provide the training that they remain willing to deliver.

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Bryant Nielson is heavily involved in the Corporate Training and Leadership and Talent space. He currently is the Managing Director for CapitalWave Inc and the training division, Financial Training Solutions. He brings a diverse corporate experience of organizational development, learning and talent development, and corporate training, that also includes personal coaching of top sales individuals and companies of all sizes. For the prior 4 years, Bryant was the Managing Director and Leadership and Talent Manager for Lengthen Your Stride! LLC. In this position, Nielson was the developer of all of the courses for MortgageMae University (MMU), the Realtor Development Center (RDC), and of Lengthen Your Stride! (LYS). In that position, he developed material, refined over many years of use and active training, and condensed the coursework and training to be high impact, natural learning, and comprehensive. Bryant has over 27 years of Senior Management experience encompasses running his own Training and mortgage firm, in New York City. He strongly believes that the corporate training is not to be static but should 'engage and inspire' students to greater productivity and performance.