Josh Bershin writes that we are becoming a power skills economy.

In other words, automation did not eliminate work at all – it created new jobs, better jobs, and an acceleration of our workforce into what we now call the “service economy.” We are essentially shifting to the right in this model.

💬 Josh Bershin

BTW, in case you are wondering, ‘Power Skills’ is the 'new' name for ‘Soft Skills’. To be fair, it did need a new name. It’s also fair to say that whilst he’s not wrong, he fails to mention that in the last 15 years (where he references 2007) no mention that the average income of people is flat and that real income is declining.

But that's a different opportunity.

Oh - and maybe not so 'new' Josh was talking about this back in 2019 - and gave us a few clues as to what he was talking about, this is one of his graphics.

What Are Power Skills

Here's My Take

1) Becoming? I think it is really more like that we are starting to recognize these skills. They have always been there - and though not necessarily recognised or even understood - I bet if you find successful people in that 'old' economy - they would demonstrate a lot of these traits.

2) Josh is not alone in highlighting these skills and their importance. What nobody is doing is organizing these skills into a taxonomy - much less an ontology. (What's the difference you may ask) Stan Garfield has a very simple explanation)

Taxonomy

Ontology

... except now there is.

More of this to come, but have to say, very excited by a company I have been talking to that has not only done a lot of research into these skills, but also which skills are most important - and why, depending on what you are trying to do.

Not only that, but they are releasing an app that will allow anybody to

As I said - more to come. Just to say - the cavalry is on its way.


Featured Image by Tim Mossholder on Unsplash