Walmart and Google have recently announced a partnership to offer grants and awards of $5 million USD to a trio of non-profit enterprise testing solutions ventures that focus their work on the refinement and expansion of skills deemed necessary for success in the American workforce, while still linking those skills to meaningful roles and careers.
The three firms receiving the award packages will be Opportunity@Work, MIT Initiative on the Digital Economy, and The Drucker Institute. The grant money will go towards assisting their workers, business, job-seekers, adapting, and addressing the ever-changing tides of the workplace.
Walmart's Chief Sustainability Officer, Kathleen McLaughlin, Chief Sustainability Officer, spoke about her optimism regarding the project and hopes for the future of it:
"Helping people identify and easily acquire job-relevant skills—and helping employers recognize which prospective employees have the right skills—will unlock meaningful opportunities for advancement for people across the community, and strengthen the businesses that hire them. This is exactly the sort of innovation leading to opportunity that defines Walmart’s approach to workforce development."
Based out of the Claremont Graduate University of California is The Drucker Institute which was founded in 2006. The Institute's mission revolves around paying homage to Peter Drucker and his legacy as a great and famous management consultant, author, and educator who dedicated his life to improving organizational behavior and employment culture with a particular focus on the roots of the system that control it, such as seen in governments, corporations, and non-profit organizations.
The Institute will additionally be teaming up with IDEO in hopes of rebuilding and helping the city of South Bend, Indiana into flourishing as 'The City of Lifelong Learning', with a special endeavor to uplift those who are economically disadvantaged.
The MIT Initiative on the Digital Economy, meanwhile, has achieved recognition and accolades for awarding $1 million annually to aspiring entrepreneurial firms to help them in their quest to create and discover new solutions that benefit skill-building, income growth, job creation, and financial inclusivity for diverse populations.
Last but certainly not least is Opportunity@Work - a nonprofit social enterprise with a mission to expand access to career opportunities so that all Americans can work, learn, and earn to their full potential in a dynamic economy. They deploy novel approaches and models that test revolutionary solutions and successfully pinpoint much-overlooked talent and skills in the workforce, which they then share with employers who can utilize the information to incept new employment opportunities and promote skill-centric education for all.
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