While the employment marketplace remains relatively slow, there are signs of a gradual improvement. Recent economic indicators reflect an increase in consumer confidence which is normally a leading indicator of an improving employment climate. Whether these initial positive signs continue is anyone’s guess however this is a good time to try to pinpoint segments of the employment marketplace that may rebound first or represent new opportunities. Based on our reading of the economy and recent government actions and conversations with clients, here are just a few to consider:
Learning and development to reflect new ways of doing business – the recent collapse of the financial services sector has resulted in new rules and regulations for how these corporations will function going forward. Some of these new practices are in direct response to new and yet to be announced government edicts, others will be required based on corporate operations improvement initiatives. Either way, both front and back office personnel will need to be trained in the new ways that business will be conducted.
Learning and development to ensure that these new ways of doing business are being followed – look for corporate ethics and compliance areas to undertake major learning and development initiatives to ensure that operating units are complying with government and corporate standards and guidelines.
Learning and development within the healthcare sector – it remains to be seen how the healthcare reform movement will actually take hold however some type of healthcare reform seems inevitable. With reform comes new learning and development requirements and opportunities. We are keeping a close eye on areas that address billing and claims and the electronic health records (EHR) and electronic medical records (EMR) groups.
Learning and development within the clean energy sector – all signs point to increased spending and focus on clean energy. This should result in greater employment within this market sector which will create learning and development opportunities. Additionally, I envision corporations in this sector needing to invest in community outreach and client education programs to aid in building market awareness and demand.