The Edge of Tomorrow: Solutions for the Future World of Work

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1 The Edge of Tomorrow: Solutions for the Future World of Work October 9, 2018 Mary Michael Pontzer, PhD Vice President, ACT Product Group Ashley Mannka Director, ACT Learning Products

2 The Edge of Tomorrow The world of work is changing before our very eyes. Employees and job-seekers alike must reskill and upskill to be successful in the new digital economy. This session will highlight new ACT workforce product offerings designed especially for corporations and individuals on the front lines of the future world of work. Key Takeaways Understand how the world of work is changing Learn about ACT s deep knowledge and expertise in workforce solutions Future proposed solutions on how you can do to prepare your employees 2

3 The World is Changing 3

4 Science Fiction or Fact? 4

5 5

6 The World of Work is Changing 6

7 The New World of Work Nearly 1 million Americans will see their occupations vanish entirely by % of safety valve jobs will be eliminated due to automation.

8 Pause and Discuss: How many in your workforce will be impacted? 8

9 The New World of Work Workers must reskill or upskill and they expect their employer or the government to assist. Virtual and augmented reality are becoming common workplace training tools.

10 Pause and Discuss: What are you currently doing to support employees to upskill and reskill? 10

11 LinkedIn 2018 Workplace Learning Report 11

12 Pause and Discuss: Today, how are you supporting employee growth in soft skills or essential skills? 12

13 Why ACT? 13

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15 ACT WorkKeys: Over 25 Years of History 1992: WorkKeys Assessments introduced 2006: ACT NCRC introduced 2017: ACT Launches WorkKeys 2.0 Assessments and Curriculum 1998: Career Passport introduced 2011: ACT acquires Workforce Curriculum provider, Keytrain 2018: ACT Stack 15

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17 The Business Roundtable Blended Digital Professional Digital Economy AI / Data Science and Analytics Big Data and Data Management Software Development Programming Information security Business Enabling Workplace Skills Domain Knowledge Project management Decision making Visualization Critical thinking Analytical reasoning Writing Communications Economics Finance Marketing Communications 17

18 Digital Economy ACT Holistic Business Framework Enabling Cross-Cutting Skills Workplace Skills Education and Career Navigation Domain Knowledge Behavioral Skills Core Academic Skills BRT Blended Digital Professional Digital Economy Business Enabling Workplace Skills Domain Knowledge 18

19 Introducing A proposed solution for the workplace of tomorrow 19

20 The Solution An assessment and credentialing ecosystem driven by data science that allows corporations to identify, hire, train, and retain top talent. Allows corporations to continually reskill and upskill their workforce to meet the demands of the jobs of tomorrow Assessments for foundational skills, career sector specific and soft-skills. Validated against job performance and employment outcomes

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22 NCRC: WorkKeys Assessments 22

23 Micro-Credentials: 300+ Assessment Modules for Industry- Specific Skills

24 Soft/Essential Skills Assessment Integrity Collaboration Creativity Resilience Leadership Work Ethic Intervention Reporting 24

25 The Platform A highly versatile and customizable assessment platform that features integrated automated proctoring, live support, and 100% cloud deployment allows truly Anywhere Anytime Testing. Best in class assessment capability & technology with full suite of assessment product across industries An intelligent system that efficiently matches people to jobs and training to ensure top talent is able to continually upskill and reskill to fill the jobs of tomorrow

26 Enter job/position you wish to assess View recommended assessments to provide to current employees or prospective talent Create job specific assessment!

27 Send stacked assessments to prospective talent

28 Review results!

29 A comprehensive solution produces benefits 60% 4x 36% 25% 1,000+ reduction in hiring costs. more inclusive and diverse hiring pool. improvement in productivity. reduction in turnover. positions filled in record time.

30 Questions and Discussion

31 Thank you! Mary Michael Pontzer, PhD Ashley Mannka 31

32 Additional Slides 32

33 The Workforce Ecosystem & ACT Stack How does ACT Stack fit into the Workforce Ecosystem?

34 The Workforce Ecosystem & ACT Stack ACT Stack Initial focus How does ACT Stack fit into the Workforce Ecosystem? ACT Stack Secondary focus

35 The Platform