How Industry Can Upskill by Leveraging University Partnerships

The modern workplace is ever-evolving. With technology advancing at an unprecedented rate, it’s becoming increasingly important for businesses to keep up with the times. One of the best ways to do this is by leveraging university partnerships to upskill current employees.

Knowledge and Expertise

University partnerships can provide businesses with access to a diverse range of knowledge and expertise. Universities are often at the forefront of cutting-edge research and development, and they are well-equipped to provide businesses with the skills they need to stay competitive. By partnering with universities, businesses can tap into new ideas and innovative techniques to help them stay ahead of the competition. As reinforced by MITSloan, “Collaborations between companies and universities are critical drivers of the innovation economy [1].”

Training and Education

University partnerships can also benefit employees by providing them with the opportunity to gain new skills and knowledge. Harvard Business Review states that “when educational institutions partner with businesses for student employment, the relationship prepares students to be productive future employees [2].” By taking advantage of university partnerships, businesses can invest in their employees and provide them with the training and education they need to stay competitive in the job market. This can help employers to retain valuable talent and ensure their workforce is equipped with the most up-to-date skills and knowledge.

Access to Top Talent

On top of that, university partnerships can help employers to recruit top talent. By forging relationships with universities, employers can gain access to a larger pool of potential candidates and be better equipped to find the right person for the job. As well as this, universities can provide employers with valuable insight into the latest industry trends and how they can best leverage new technologies and innovations. In 2017, IBM and MIT committed to advance AI research, marking “one of the largest long-term university-industry AI collaborations to date [3].”

As such, university partnerships can be a great way for businesses to upskill their employees and stay ahead of the curve. By tapping into the knowledge and expertise of universities, businesses can invest in their employees and ensure their workforce is equipped with the skills and knowledge they need to succeed.

Want to learn more?

Check out this resource from VentureWell that details Four Ways to Engage Companies in Industry-University Collaboration.

Meet Amesite

Amesite is more than just a software provider or a vendor; we are a Partner. We’ve already collaborated with several universities, most notably the Wayne State University College of Engineering, with great success (read the case study here). Let us work with you, too, and be your advocate while fundraising to support your University’s digital learning strategy.