A successful, flexible career is driven by two things: the skills we acquire, and the path we follow while using them. But while access to new skills is becoming increasingly ubiquitous, an Information Gap is limiting career direction and guidance to a few scarce channels.
Those lucky enough to have a mentor or supportive manager can collect, decide and execute on the options for advancing their career with relative ease. Whether changing roles, moving to a new place of work, or choosing an educational pathway, people with access to information and advice can be more confident in making decisions, and more successful in executing them.
But many people lack access to this information and the opportunities that come with it. Just 29% of U.S. organizations have a formal mentoring program, and 48% of millenials in developed economies say they have no one to turn to for professional development advice.
As increasing numbers of people, across all socio-economic groups, face displacement by technology, we must close this gap preventing people from identifying the talents they need to succeed.
We are addressing the Information Gap by helping people to discover their unique talents, ideal career path, and the skills, qualifications and experience required for success through our beta career development platform, TalentSpotter.
Our software intelligently collects data from users on their skills, experience, preferences and aspirations. Then, we use an Artificial Intelligence / Machine Learning (AI/ML) benchmarking framework to compare users to folks in comparable and aspirational roles. The resulting insights give direction and inspire reflection on strengths, gaps and opportunities, helping users to take control of their careers.
Our visually engaging reporting tool uses this information to provide actionable information and advice. The tool also provides users with the practical resources they need to succeed: resume and interview guides, educational suggestions, and job options are all possible with TalentSpotter.
Although our initial focus is individuals, the TalentSpotter software can be deployed towards others, most notably employers. After building a great user experience, we will deploy the power of our data for the benefit of enterprises and institutions. Our enterprise product, Talent Architect, will empower managers to become great coaches, and enable organizations to better match, grow and retain people with the skills needed for the future. Critically, employer demands will be aggregated and fed back to individual users, further closing the Information Gap.
With our technology, we intend to transform the way workers upskill, reskill, and retrain by connecting employees to the needs of current and future employers with unprecedented detail and clarity. And we hope to deliver insights which employers and policy makers can use to design the best possible interventions for employees and their communities.
As technology comes to affect every corner of the labor force, our mission is to keep workers competitive with technology, and to help everyone find fulfilling and rewarding work. Few things have such potential to change the world as these.