Browsing by Author "Bodibe, Lerato"

Filter results by typing the first few letters
Now showing 1 - 1 of 1
  • Thumbnail Image
    Item
    Addressing The 4IR Skills Gap for South Africa’s Economy
    (University of the Witwatersrand, Johannesburg, 2023) Bodibe, Lerato; Venter, Robert
    The widespread enthusiasm and hysteria for Artificial Intelligence (AI) todays not only encourages but forces us to approach the future with a combination of childlike aw and mature concerns. A new and evolving set of skills is vita and needed, because automation and robotisation powered by AI is simultaneously creating and eroding jobs. The so-called digitally enabled jobs, AI-driven jobs, indisputably needs a skilled cadre of graduates. This is especially true for the ICT sector in South Africa, which is plagued by a serious skills shortage. The research conducted for this MBA social entrepreneurship project led to the aim of establishing an eSkills institute, specifically targeting the youth in Orange Farm. This community was chosen for its demographic and social condition where it faces high levels of youth unemployment, drug abuse, and lack of access to educational facilities by the youth. The proposed business model offers a promising approach for the eSkills Institute to achieve both its social and financial goals, bringing meaningful change to disadvantaged communities through digital skills training. This would enable the eSkills institute to achieve long-term viability and make a positive impact with its underlying primary objective of providing digital skills training to disadvantaged communities, thereby bridging the digital divide and increasing their access to economic opportunities. Basing our analysis on market research and stakeholder engagement has helped identify key areas of opportunity to generate revenue and create social value. These opportunities include offering paid digital skills training programs to corporate clients, partnering with government agencies to provide subsidised training to low-income individuals, and establishing a social enterprise arm that offers software development and design services to small businesses and their ecosystems