The industry’s value-creating model can help schools prepare the next generation of critical thinkers and innovators.
Prior to the pandemic, one of the biggest inhibitors to growth was the availability of qualified candidates. The US economy had reached “full employment”, while the unemployment rate in the UK hit its lowest level since 1975. But at a portfolio company level, investors could appreciate the challenge wasn’t merely about finding people, it was in finding candidates with adequate skill sets to fill essential roles – positions upon which growth strategies were often premised.
Even for investors working with long-term capital, addressing the skills gap will be solved over decades rather than years. But PE’s model to discern value where others don’t, find efficiencies, and allocate capital to the highest impact areas can be co-opted to establish a foundation for educational reform.
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