Embracing MOOCs Will Close the Skills Gap

Unemployment is at record lows, and skilled jobs are increasingly going unfilled. Bain & Company estimates that between now and 2030, between $5 and $8 trillion will be invested in the digitization of the American economy. And the biggest constraint on its ROI will be a shortage of skills. One possible solution is effectively harnessing MOOCs (or massive open online courses). Why aren’t conventional training methods sufficient? Why haven’t MOOCs been more widely used, to-date? And, what can management do to turn MOOCs into a highly cost-effective .....