Higher education is facing twin crises: a lack of affordability and an insufficient relevance to the workforce.
Talent shortages are driven by a shortage of skills rather than a shortage of people.
Craft utilizes a dynamic platform to convert work experience and employer-prescribed training into relevant degree and apprenticeship pathways, using predictive analytics.
“The demand for skilled talent in the US will outpace supply by more than 4 million people in the next decade. In the United States, 95% of business leaders today report challenges finding skilled workers. Such skilled-talent shortages created risk and cost for business and economic growth across geographies, industries, and sectors.”
— The Talent Shortage: Someone Else’s Problem
CRAFT provides employers with a customized solution in three specific, tangible ways:
Provides employers with the ability to access and navigate state and federal tax credits as well as education and workforce training programs.
Opens career pathways for employees by allowing them to translate what they learn on the job into college credit and industry credentials
Builds a robust internal talent pipeline via thoughtful upskilling.