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Singapore's Skills Union wants to close the skills gap via live video training

 1 year ago
source link: https://finance.yahoo.com/news/singapores-skills-union-wants-close-182049256.html
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Singapore's Skills Union wants to close the skills gap via live video training

Rita Liao
Thu, October 20, 2022, 3:20 AM·3 min read

The digital landscape is evolving so fast that one's four-year degree can hardly keep up with the myriad platforms and APIs emerging every day. That's why Skills Union wants to connect tech startup workers looking to level up with an array of field-specific experts over live video.

Online professional training isn't new; it's not uncommon to see medium-sized startups allocate several thousand dollars to individual employees each year to further their "personal development." But the existing options for acquiring professional skills just aren't very effective, argues Colin Mansell, founder and CEO of Skills Union. The company is exhibiting as one of the Battlefield 200 at Disrupt 2022.

The pace of technological changes means companies now expect their employees to be constantly learning and upgrading their on-the-job skills. Figma, for instance, went from an underdog to a widely used UX design collaboration platform in the space of just a few years.

Much of the skills training for high-growth startups is happening through pre-recorded videos on platforms like Coursera or Codecademy. The problem is that the completion rate for massive open online courses, or MOOCs, teeters around only 5-15%. Mansell, who ran a digital agency and helped build a coding school in Canada, believes the solution is to replace passive learning with more personalized and interactive lessons.

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Skills Union helps employees figure out how to get better at their job. Screenshot of Skills Union's training platform.

The Singapore-based startup offers an all-in-one platform for employers to manage their staff's career development. It has a network of consultants who help employees figure out what expertise they need to get better at their job. It then matches them to a pool of instructors, be it a leadership coach, digital marketing guru, sales expert, or Python master, upon which the student and teacher can arrange to meet over a video call.

The startup offers a freemium SaaS service to enterprises, which the founder believes can reduce "friction" for users, and charges for the training programs it offers. The model also enables more flexible learning. If an employee runs into a technical problem on a project and can't get internal help, they can instantly set up a call with an expert on Skills Union.


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