My company provides massive re-skilling and workforce development programs for financial institutions undergoing digital transformation. I'd like to find large (F1000) companies who have launched formal programs to either hire new technical and d...

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My company provides massive re-skilling and workforce development programs for financial institutions undergoing digital transformation. I'd like to find large (F1000) companies who have launched formal programs to either hire new technical and digital talent, or re-skill their legacy talent into new, more relevant roles.

Introduction

Technology skills are important for workers and employers alike in our connected, digital world. In order to keep up with technological platforms and solutions, major companies such as BlackRock, Cisco, or Fidelity provide digital reskilling or upskilling programs for workers or potential workers to keep them up to date with technology competence. Below you will find a list of companies that have these programs as well as links to the programs if available. Note that this list isn't exhaustive. I have also included, a minimum of the CEO as a key stakeholder for each. If you would like a more comprehensive list of stakeholders we would be more than happy to do a follow up request. I hope that this helps you!

List of Companies With Digital Retraining

1. BlackRock has a "Student of Technology" program that aims to embed technological literacy across its business. They have a "reverse mentoring program" where tech savvy juniors are paired up with less technologically literate workers to teach them basics as well as more advanced topics. BlackRock also contributes to third party technology training systems such as Code.org.
Stakeholder: Larry Flink, CEO

2. Visa desires a diverse workforce that's equipped with "high tech skills." Visa created Visa University which has an internal Technology College that trains workers to be proficient with new technologies as well as learn about topics such as Big Data or Hadoop or learn software programming.


3. AT&T has spent more than $250 million on employee education programs since 2013. More than 140000 employees are engaged in some way in AT&T's training programs. The program is called Workforce 2020 or WF2020. AT&T identified technological skills that would be needed in the future as well as where they had gaps as part of the WF2020 program. WF2020 would train workers in those skills.

4. General Motors has a retraining program for technology workers who have been out of the field for two years. Take 2 is a 12-week internship type program which refreshes workers on changes and mentors them to get up to date on current technology.

5. Booz Allen partnered with General Assembly to train workers in data science. Booz Allen's website on the partnership notes that anyone can retrain into a data scientist as available tools makes it easier. Partnering with a skilled training service such as General Assembly takes the "guesswork" out for workers of figuring out which skills are required.

6.Capital One has a "Tech College" designed to train workers in varied technology fields such as machine learning or cybersecurity. (This is in addition to CODA)

7. Moody's Analytics' Technology Rotation program allows graduates and workers to continue their technology oriented education while learning the ins and outs of Moody's business. The program is a wide-ranging training system which teaches affiliates how to code in Java, build scalable systems, develop Software as a Service, work with industry standard technologies such as Node.js and others.

8. Akamai is not strictly a F1000 company, but it is the largest content delivery network (CDN) that accounts for 15% to 30% of all internet traffic. Akamai has a Technical Academy that trains participants in the skills needed to function as an employee in their tech heavy business.

9. JP Morgan's Tech Connect program trains employees in Java programming as well as other computer skills in a multi week boot camp. Tech Connect leads into JP Morgan's Technology Analyst Program which provides further training into more intense topics.

10. UnitedHealth Group's Technology Development program trains workers in several areas such as quality assurance, application development, infrastructure, IT security, and others.

Conclusion

As you can see, digital retraining or upskilling services and academies are prevalent across the big business world. These programs aim to train workers and potential workers in the skills that modern businesses need to thrive in a digital world.

Did this report spark your curiosity?

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