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In fact what he is setting up is very much similar to the German Mittelstand apprenticeship model; however to get similar results requires managers to change th
by tankenmate 10y ago
In fact what he is setting up is very much similar to the German Mittelstand apprenticeship model; however to get similar results requires managers to change their ways, most apprenticeship trained staff in Mittelstand companies have a turnover of 2.7% (rather than up to 30% in entry level employees in US / UK).[0] This means that managers need to realise that you need good, technically solid training, and interesting work for these employees, a defined career path, and persistence and engagement rather than a fire them if I think they're even slightly off / not a good culture fit. A good cultural fit typically requires training too! Think of medieval type apprenticeships; not just on the job training but also training in how to be a productive, respectable adult.
If the Dyson IoT does these things that other employers claim they want (soft skills etc) but aren't willing to train or pay for then Dyson's new venture will probably succeed handsomely in the long run.
[0] http://www.economist.com/news/business/21606834-many-countries-want-mittelstand-germanys-it-not-so-easy-copy-german-lessons http://www.economist.com/news/business/21606834-many-countri...
EDIT: fixed typos
- walshemj 10y agoIn a formal trade apprenticeship you signed (a binding contract) for a number of years and if they made you redundant you could sue your master for breach of contact
- akhatri_aus 10y agoUnfortunately today people are fickle and will change jobs if they're just paid more. There's loyalty and cash. In Germany they still have control on their wages.