Nicholas Wyman

Nicholas Wyman on Business Rockstars

BUSINESS ROCKSTARS is an Entrepreneurial Business Community driven by Broadcast, Mobile, & Social.

Business Rockstars is the largest daily producer of entrepreneurial content, bringing together some of the world’s biggest and most accomplished CEO’s, Start-ups, and Entrepreneurs.

Business Rockstars reaches an audience of over 1 Million listeners and viewers.

Pictured: Nicholas Wyamn and Host Forbes Riley

for more information visit:

http://businessrockstars.com/

Think Outside the Cubicle: How to Nab Your Dream Job at Any Age

By Nicholas Wyman | Linked In | Nov 21, 2015

Anyone who thinks they’re too far along on their career path, or that it’s too late in life for them to seize the opportunities of a skills-based career, should be inspired by others; including many retirees or late-career professionals who have decided to take their lives in new, more satisfying directions. Ken Gilbert is one of them. By the time I met him, Ken was three decades into his career in high-tech sales and marketing and management consulting. At age fifty-eight, however, after many years of business travel, meetings, and chasing corporate goals, he was ready for a change.

“I thought about getting a master’s degree and staying in the industry, but if I was going to invest in something, I wanted it to be in something I would enjoy and be able to do for the rest of my life.”

Like many baby boomers, Ken didn’t feel ready to retire, and didn’t see why he couldn’t extend his working career well beyond the traditional retirement age. And like many boomers, he also knew that if he wanted to live comfortably, he’d need to find a way to supplement his pensions and savings with a steady paycheck.

Time to strike out a new path.

Ken looked into a learning institution located just a few miles away from his New England home. Founded in 1881 as a social service organization primarily serving immigrants, the North Bennet Street School has a rich history of providing vocational and prevocational training. NBSS follows a philosophy that hands-on skills are a necessary complement to academic conceptual skills. Today you find students from all over the country in its educational programs in “bench skills” that few other institutions offer: cabinet and furniture making, preservation carpentry, locksmithing, jewelry making and repair, bookbinding, even piano technician.

Many graduates open craft-based businesses; others land prestigious and highly coveted positions in specialized fields. One preservation carpentry graduate, for example, launched his own custom home design company, while another, a bookbinding alumna, today is the rare book conservator for the Library of Congress. Yet another has become a luthier, getting very well paid to repair high-end violins and other stringed instruments. Visiting the school, you see the current students are not just young people starting their careers; many students are late-career professionals, like Ken. It makes sense; after all, people in their forties and fifties and later are often in a great position to use their world and life experience to head off in a new direction. In many cases their kids have left the nest, they’ve saved some money, their mortgages are paid down.

A Perfect Fit.

After seeing the school, Ken knew instantly it was a perfect fit. He had the resources, the time, and the ability to go back to school and retrain as an artisan. Plus, working with his hands had always been one of his favorite pastimes–particularly woodworking and renovating an eighteenth-century house he owned. Ken has always liked making things, and he was good at it. So after talking with the school and considering his options, Ken decided to enroll in a two-year bookbinding program.

During those two years, Ken developed what he described to me as the three artisan essentials: “head, heart, and hands.” And so it was that upon graduating from the program in 2010, Ken found himself working full-time as a self-employed book conservator: making books from scratch, restoring old and rare books, repairing timeworn or damaged family heirloom volumes, and building leather-bound boxes in the shop he opened, Willow Bindery, in Shrewsbury, Massachusetts. Most of his customers today are book dealers and serious book collectors located all over the United States.

Ken Gilbert is engaged in a fulfilling occupation that he expects to continue for many more years. And he takes great satisfaction in what he does every day. “Restoring a cherished book, and then seeing the happy expression on the owner’s face, is extremely gratifying.

That’s Ken’s story. What about yours?

Are you at a place in life where you’d like to make a career shift? Perhaps your current line of work is being undermined by technological change. Or you’re simply tired of selling insurance, churning out accounting statements, or dispensing legal advice. Maybe you’ve had enough of PowerPoint presentations, Excel spreadsheets, conference calls, and windowless cubicles.

Whatever the reason, for many it’s a sign that now is the time to seize the opportunity to renew your working life by becoming good at something that gives you immense satisfaction while creating tangible value for others.

Nicholas Wyman is the CEO of the Institute of Workplace Skills and Innovation. He is the author of “Job U: How to Find Wealth and Success by Developing the Skills Companies Actually Need.” This week, Job U won ‘Best Business: Careers Book 2015’ USA Book News Awards. Check it out at www.jobubook.com

https://www.linkedin.com/pulse/think-outside-cubicle-how-nab-your-dream-job-any-age-nicholas-wyman

How Apprenticeship Will Save the American Economy

by Nicholas Wyman | Forbes | November 4, 2015

President Barack Obama has proclaimed this week – November 1 though November 7 – as National Apprenticeship Week. States the President, “during National Apprenticeship Week, we recognize the ways apprenticeships foster innovation and prosperity, and we recommit to encouraging and supporting those who offer and partake in them.”

Apprenticeship is the western world’s oldest form of occupational training, and for good reason. By learning first-hand from an experienced tradesperson, an apprentice acquires mastery of a trade, inside and out. It is a hands-on method that equips participants with exactly the right skills and experience to transition directly into a particular job. Modern apprenticeships have countless advantages for employers and the economy as a whole, as well as for anyone at any stage of life, looking to launch a successful, well-paid, and fulfilling career.

This year, the Obama Administration committed $175 million to encourage and expand apprenticeship across the U.S., and in his FY 2016 budget the President asked Congress for another $2 billion to establish an Apprenticeship Training Fund.

The timing is not accidental. The recent recession has made it difficult for many low-skilled workers to get jobs that pay enough to keep themselves and their families above the poverty line. Even many college graduates do not have the skills for jobs in the modern economy. At the same time, many jobs stay vacant because employers can’t find qualified people to fill them.

Apprenticeship training offers a lifeline to both workers and employers. As the President notes in his proclamation, “apprenticeships help people upgrade their skills and keep pace with the demands of the 21st century.”

We all know that work has changed – the type of work we do, the skills required to do it, and the people doing the work. Apprenticeships have changed as well. Traditionally, apprenticeships were focused in the construction trades (and occupied mostly by men), whereas modern apprenticeships encompass a broad range of career areas – including IT, healthcare and finance.

Even older fields, such as manufacturing, are undergoing modern makeovers. No longer is factory work a low-skilled assembly line job. Instead, highly skilled technicians work to install, adjust and maintain complicated machinery and computer systems that run the modern plant. And all of these fields are equally open to both men and women.

To work in any of these fields requires skills. But not necessarily a four-year degree. Imagine coming out of high school – or undergoing a job transition, voluntary or involuntary – and being able to land a well-paying job in computer programming or health care systems after only two years of paid, on-the-job training and classroom instruction. Imagine assisting in the operating room or installing and maintaining complicated factory machinery. You might also get a college credential – a Certificate or an Associate’s Degree – with no student debt.

States have already committed to apprenticeship programs. South Carolina has been running Apprenticeship Carolina for several years, bringing together employers, community colleges and the state Department of Labor to design high-quality apprenticeships that meet employer needs and give workers in-demand skills and training. Over the last seven years, apprenticeships in South Carolina have grown from less than 100 to over 10,000.

And in Minnesota, the state legislature recently passed MN PIPELINE, an initiative that brings employers, local colleges and state officials together to develop occupational skill standards in four areas where job growth is expected to be high: advanced manufacturing, healthcare services, IT and agriculture. The state also allocated money for education grants for the classroom training part of their apprenticeship.

These are high-quality programs, with carefully thought out standards that lead to well-paid jobs. Many people who gain skills via apprenticeship continue to learn and advance throughout their careers; and with recognized, transferable skills, can easily change careers. Others go back to college and get four-year degrees, or even advanced degrees.

What has already begun in some states is now backed by the President, senior policy makers and industry. The major Democratic candidates for President back apprenticeship and skills training as well – although this is not a partisan issue. South Carolina has a solidly Republican state legislature and Minnesota has a split legislature – Republican House and Democratic Senate. Both parties can see the value of creating opportunities for people who need and want skills training, while helping employers fill the technical jobs that power their businesses.

I believe we are on the cusp of a skills-based revolution. For low-skilled workers who need training; college graduates who find they lack the skills for today’s technical jobs; or anyone who is sick of the cubicle life and wants hands-on, concrete work that rewards both the soul and the bank account, an apprenticeship can launch you into a rewarding and well-paid career.

Individual workers, employers and the U.S. economy can only benefit.

Read on Forbes:
http://www.forbes.com/sites/nicholaswyman/2015/11/04/how-apprenticeship-will-save-the-american-economy/

3 Reasons to Skill Up this National Apprenticeship Week

By Nicholas Wyman | 6 November 2015 |

President Obama has used the launch of the first National Apprenticeship week to shine the spotlight on the value and opportunity that exists with the expansion of modern Apprenticeship.

The week, he proclaimed, recognizes the ways “Apprenticeships foster innovation and prosperity”. Without encouragement and support for Apprenticeships, the President said the American worker risks falling behind. He said Apprenticeships help people upgrade their skills, to keep pace with the demands of the modern workforce.

For decades, countries like Switzerland and Germany have reaped the rewards of Apprenticeship and there is no question of its impact on keeping unemployment rates low and economies humming in those countries.

Here is three reasons why Apprenticeship Work.

Reason #1: Apprenticeship makes good dollars, and cents.

Let’s start with what drives most businesses: the bottom line. Apprentices give employers a return on their investment. A recent study shows that for every $1 invested in apprenticeship, employers get back $1.47 in benefits. It’s also good news for the broader economy. Each $1 that government invest in apprenticeships, there is a flow on through $27 in economic growth.

And it’s not just industry and economy who see a good business case. With the rising cost of traditional education pathways, Apprenticeships offer a viable alternate. Since apprentices do not carry tuition debt, it’s a start toward chipping away at the more than $1.2 trillion owed to the United States government in student loan debt. Rather than borrowing money, apprentices earn while they learn, so that instead of inflating the debt bubble, they are putting that income to work and contributing in a number of ways to a buoyant economy.

Reason #2: Apprentices are trained with the exact skills your company needs.

The middle skills gap is leaving many jobs unfilled due to lack of a technically trained workforce. Many employers report that in addition to having trouble finding technically skilled candidates, they can’t find candidates with the soft skills they need – like the ability to problem-solve, communicate effectively with clients, or work well in. Hiring apprentices solves this problem. Apprentices are specifically trained in the very skills their employers need, both the soft and the more technical varieties. Apprentices have been mentored, challenged, taught, performed and paid in a real workplace, over the course of several years. As a result, they are completely job-ready and posses not just the practical skills but the work ethic, communication abilities, and the experience in problem-solving that hiring managers are finding lacking in so many candidates coming straight from 4 year college.

Reason #3: Types of Apprenticeships are Expanding

Apprenticeships work in a wide variety of professions – and not just the ones you’d expect. Although apprenticeships may be traditionally associated with skilled trades like construction, they work just as well in other industries.

In fact, in the U.K., where apprenticeships have boomed in recent years, the majority of new apprenticeships are in fields such as business administration, retail, management, and hospitality. There is also evidence that the apprenticeship model translates well to IT, health care, the arts, and even the hard sciences. More and more, smart employers are realizing they can reap the benefits of apprenticeship in just about any profession or field of study.

Despite all its proven benefits the Apprenticeship hasn’t been as fully embraced everywhere, and that needs to change. As echoed by President Obama, on-the-job training provided through an Apprenticeship is an easy way to help ‘skill up’ the next generation that is so vital to our social and economic future. “Our country thrives when all our citizens play a role in driving it forward,” Obama said, “Let us support and encourage apprenticeship programs that will help rebuild our middle class…educating more of our people, retraining our workforce, and renewing our Nation’s promise to put the American dream within the reach of the determined.”

Read online:

http://www.huffingtonpost.com/nicholas-wyman/3-reasons-to-skill-up-thi_b_8469378.html?ir=Australia

Wyman delivers compelling argument on the mistakes we are making around skills

The Edge Annual Lecture 2015 – Nicholas Wyman delivered the keynote speech and it was followed by a panel discussion.

Wyman argues:

“A big part of the problem is that we are looking to the wrong institutions to develop and train workers. Most of the positions that remain unfilled – and that offer meaningful, rewarding, and well-paid work – do not require a university degree.”

“Instead, the labour market needs more people with good school qualifications plus an apprenticeship, professional qualification or foundation degree.”

Wyman’s lecture drew parallels between the growing skills gap in the American labour market and challenges here in the UK – particularly, stubbornly high youth unemployment at the same time as thousands of roles remain unfilled. In his best-selling book, Job U, Wyman describes this phenomenon as “people without jobs and jobs without people”.

https://youtu.be/NZMbW-y-qdo