Video: Internet of Things in the workplace explained

The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.

— -- Alvin Toffler

The ability to engage with employees and customers is increasingly becoming a strategic business solution that leaders must understand, embrace, and prepare to implement.

I recently joined Emma Chandra[1], news presenter and senior producer at Bloomberg TV[2], at a Bloomberg Next conference to discuss the impact of emerging technologies -- artificial intelligence, internet of things, cloud computing, mobile, social networking, blockchain, mixed reality (AR/VR), 3D printing -- on future of work in the Fourth Industrial Revolution[3].

To better understand tomorrow's talent, Bloomberg Next[4], in collaboration with Workday,[5] surveyed 200 corporate and education leaders to understand the strategies of leaders in terms of ensuring new recruits and existing talent have the right skills necessary to support the near-term company growth.

vala-bloomberg.pngEmma Chandra, news presenter and senior producer at Bloomberg TV and Vala Afshar at Bloomberg Next Tomorrow's Talent Conference. (Image: Bloomberg Next)

Here are five key takeaways of the B uilding Tomorrow's Talent: Collaboration Can Close Emerging Skills Gap Bloomberg Next surve[6]y:

Recruit/Student Preparedness Gap

A majority of respondents said new hires are not well-prepared to perform at a high level in a professional environment, primarily because of insufficient soft skills. Only 35 percent of corporations believe students are well-prepared with both hard and soft skill sets -- compared to 44 percent of respondents from academia.

Read also: Welcome to CNET@Work

Read more from our friends at ZDNet