Mona Mourshed - CEO of Generation - Tackling Global Youth Unemployment
Worldwide, more than 75 million young people are unemployed, despite the fact that many employers can’t find people with the skills they need for entry-level jobs. Today, we learn how Mona Mourshed and her team at Generation help youth (and recently, older, displaced workers) to gain these skills in countries from Kenya, to Brazil, to the United States.
On the 12th episode of the Skill Podcast, Micah shares a conversation with Mona Mourshed, President and CEO of Generation, a non-profit incubated and spun-out of global management consulting firm, McKinsey & Company. In addition to her role at Generation, Mona leads McKinsey’s global social responsibility agenda and the non-profit McKinsey.org.
Throughout this conversation, Mona and Micah cover the following topics:
- A shared connection over Egypt and the Middle East
- The powerful personal story that connects Mona to the education sector
- The failed connection between students, employers, and educators
- The “80% are above average” problem in higher education
- How to connect industry to education (hint: it’s not industry advisory councils!)
- The genesis of Generation
- The 7 factors standing in the way of connecting students, educators, and employers
- The Generation Way
- The difference between "skills" and "activities"
- How mastering activities leads to qualified workers
- The importance of employer involvement
- The amazing student outcomes that Generation has achieved in the last 5 years
- How Mona envisions Generation scaling in the future
- How Generation handles affordability and student access
- What’s next for Generation?
- 2 Key Performance Indicators that anyone in higher ed can use to make better decisions for students