Companies, universities must collaborate on skills gap: study

Companies skills

Moreover, only half of young people believed that paying for higher education would improve their chances of finding a job.

McKinsey said countries needed to review their education systems to see if employers in a particular industry seeking certain skills could work more closely with educators.

It said limited financial or staff resources, lack of hands-on training opportunities and employers' reluctance to fund training unless it is very specialised could all be barriers to better cooperation.

But these could be addressed by better use of the Internet for practice situations and to ensure consistency at a low cost and by introducing an improved standard curriculum that would be complemented by top-up training with employers.

Please read our terms of use before posting comments
TERMS OF USE: The views expressed in comments published on are those of the comment writer's alone. They do not represent the views or opinions of The Indian Express Group or its staff. Comments are automatically posted live; however, reserves the right to take it down at any time. We also reserve the right not to publish comments that are abusive, obscene, inflammatory, derogatory or defamatory.