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Friday, February 2nd
๐ The Future of Work: Embracing Skills in the AI Era
Whatโs In This Email
The future of work is skill-based
Essential retirement planning for entrepreneurs
January recap of events, but make it musical
The Barbie adaptation we need
Notable Spotlight: Par-Tee Putt
Notable Plug ๐ (we added a new gem)
โ๏ธ TAKE NOTE
The Future of Work: Embracing Skills in the AI Era ๐
Generative AI is rapidly transforming roles, and the traditional approach to employment is undergoing a seismic shift. The auto industry's pivot to electric vehicles is just one example of how technology is rendering certain jobs obsolete while simultaneously creating new opportunities. This dynamic environment demands a fresh perspective on talent management, moving from a job-centric to a skills-centric approach.
Key Takeaways:
Skills Over Roles: Progressive companies are now focusing on employees' diverse skills rather than confining them to rigid job descriptions. This shift allows for greater flexibility and adaptability in a fast-changing market.
Understanding Current Skills: Organizations are encouraged to catalogue existing skills within their workforce, enabling them to identify gaps and opportunities for reskilling or upskilling rather than defaulting to hiring new staff.
Anticipating Future Needs: With the help of predictive models, businesses can forecast which skills will be in demand, ensuring they remain ahead of the curve and prepared for future challenges.
Investing in Development: Reskilling and upskilling initiatives are crucial. Companies like PepsiCo, Walmart, and Amazon lead the way, offering employees access to training that equips them for tomorrow's roles.
Why This Matters: Adopting a skills-based approach is about staying competitive and fostering a more resilient, innovative, and inclusive workforce. By focusing on skills, companies can unlock the full potential of their employees, reduce turnover, and create a culture of continuous learning and growth. For individuals, it means greater job security, career mobility, and the chance to thrive in the digital age.
As we stand on the brink of a new era in the workforce, the message is clear: the future belongs to those who are ready to learn, adapt, and grow. ๐
Read the full article here.
As an entrepreneur, your business is your baby, but have you considered your financial future beyond the hustle? Retirement planning often takes a backseat amidst the thrill of growing a business, yet it's crucial for ensuring long-term security and peace of mind. Here's a quick guide on what entrepreneurs need to consider for a comfortable retirement:
Reality Check: Retirement is Inevitable ๐
Despite the passion driving your business, retirement isn't just an option; it's a future reality. Planning ensures you, your employees, and your successors are prepared for this transition.Three Pillars of Entrepreneurial Retirement Planning:
Start Saving Now: The power of compounding interest must not be underestimated. Begin saving for retirement early to build a substantial nest egg.
Donโt Skimp on Insurance: Protect your personal and business finances against unforeseen events with life and disability insurance.
Craft a Succession Plan: Ensure your business and personal legacy with a solid plan for your company's future leadership.
The Future is Now: Embrace the journey of retirement planning as part of your entrepreneurial journey. Seek professional advice to navigate this complex but essential aspect of business ownership.
Remember, it's never too early to start planning for retirement. By considering these essential steps, you're not just securing your future but also safeguarding the legacy of your business and the well-being of those who depend on it. ๐
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๐ AROUND THE INTERWEBS
Letโs catch you up real quick because January has alreay been a crazy year. @mrgrandofficial recaps the past month in the most entertaining way.
@mrgrandeofficial one month deep into 2024โฆ WHY DID JANUARY FEEL LIKE 3 MONTHS? ๐ญ๐ญ๐ญ drop your February predictions and follow for more! โฌ๏ธโฌ๏ธโฌ๏ธ #2024 #recap #rap
This is the Barbie adaptation we need. The Devil Wears Prada Barbie would be a guaranteed sell-out collab. Whoโs with us?
@my_miniature_things The Devil Wears Prada #merylstreep #thedevilwearsprada #annehathaway #runway #fashion #movie #movieclips #parody #imadethis #artist #funny... See more
๐ฆ NOTABLE SPOTLIGHT ๐ฆ
Valentineโs Day Special!
โ Includes: $40 round of golf for two, 27 holes & sparkling wine on arrival.
๐ NOTABLE PLUG
๐๏ธ Get Into It: Three Bean Salad podcast. A podcast from comedians Mike Wozniak, Henry Paker and Benjamin Partridge. The three beans tackle a different theme each week, suggested by the listening audience. Listen on Apple or Spotify.
๐ Notable Hires: Digital Marketing Manager @ The Jane Goodall Institute of Canada (remote)
๐ Hope This Helps: Chaturdata.com Build and train a custom AI Assistant for your database without writing a line of code. Chat with it, embed it, or integrate with it via API. We train your assistant by generating embeddings of your database and exposing them via functions that it can use to answer questions. The assistant can run SQL queries, build charts, send e-mails and more. Sign up for early access.
(New) ๐ Notable Destinations: Toronto to Barbados ($372 - $550)
Dates: March-April. Click on this link to see the deal.
๐ง Today We Learned: A couple bought a home in an Edmonton suburb in 1974 after hearing talk about a potential train line from their realtor. The 13km light rail connecting their community to downtown in 30 minutes finally opened in 2023.
Tell us what you want to see in 2024!As the year winds down and we start to look to 2024, we want to serve you more of what you want. Let us know what you want to see in the Notable Daily in 2024! |
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Notable Life is Canadaโs hub for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.
Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.