Private companies rise to reskilling

The speed of technological change in the workplace has caused many organizational leaders to examine how their teams adapt and learn for future growth. One key way private companies are adjusting to this new reality is by actively confronting the skills gap in their factories, offices, studios, and shops.

The reskilling of workers was the No. 1 approach for executives pushing to augment their workforce through technology, according to Deloitte’s 2018 survey of mid-market private company leaders on technology trends. Executives also cited the hiring of new talent and the redesigning of jobs for better human-machine collaboration as popular ways to boost competitive advantage through technology.

The survey responses come as workers experience some of the most favorable economic conditions in recent history. In the first six months of 2018, U.S. companies added nearly 1.3 million jobs, the strongest showing in three years, and 92 percent of survey respondents were optimistic of the business outlook over the next 12 months.

Yet, as the organizations in our survey enjoy the progress of economic expansion, the trends put a spotlight on the need to prepare workers for major shifts in the workplace.

Click here to read Chris Jackson’s complete article published on the Biz Journals website.

About Timmothy Boettcher

Business Career Originally recruited in 1998 as a software engineer to design and develop cutting edge technology for new products, Mr. Boettcher assumed leadership for Research and Development and then Engineering before being named President of Realityworks in 2005. Responsible for total operations, he has driven significant understanding of market opportunities, gatekeepers, and funding in education, healthcare, and public service markets; bolstered production and supply chain efficiencies; acquired and launched new age technology; rebuilt leadership competencies; led growth into the Company’s over 65% US school system and over 90 country presence; and led the implementation of the Company’s ESOP to build on the societal mission of the Company and further the family oriented culture to reward employees for their success in achieving the mission and efforts to drive growth. Focused on high market growth, he has led the Company’s turnaround and achieved double-digit top line growth simultaneously with dramatic profit and cash flow improvement. Mr. Boettcher brings more than twenty years of engineering, product development, and global operations experience in education, advanced technology, manufacturing, and distribution industries. Prior to joining Realityworks, he held positions at Cray Research, a leading manufacturer of the world’s fastest supercomputers and Wal-Mart Distribution, the world’s leader in distribution and logistics. Professional & Community Activities Mr. Boettcher is passionate about building effective connections between our countries workforce development system, economic development programs, and education infrastructure. A solid connection between these systems is needed to ensure our youth and workforce are prepared to be global competitive and ready to take on the challenges and needs faced by industry. In delivering on this passion Mr. Boettcher: - has presented workforce development strategies on the national level for Harvard’s Pathway’s to Prosperity, U.S. Department of Labor, and at many Career and Technical Education events. - established and currently chairs the Industry Workforce Needs Council (IWNC), a national level group of industry leaders that works directly with education to increase support for Career and Technical Education in the country in alignment with industry needs. - served on the Board of Directors for the Association for Career and Technical Education. - chaired the Western Wisconsin Workforce Development Board (Chair) to help establish and lead regional workforce development initiatives. - established and led the Innovation Foundation of Western Wisconsin (Chair) to help bring critical C-level talent to start-ups and small to mid-sized companies to help them grow. - served on the Board for the Eau Claire Economic Development Corporation (President). - and provides guidance to institutions like the International Business Programs Advisory Council of the University of Wisconsin (Eau Claire). Mr. Boettcher also holds seven U.S. and foreign patents.

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