IBM's Ginni Rometty on the Urgent Need to Reskill Workers
Retraining workers for jobs in the digital economy has been a focus of IBM’s Ginni Rometty for a long time. Now, with coronavirus driving unemployment sky high, the need for reskilling is even more urgent. On this episode of Leadership Next, Rometty – who recently transitioned from CEO to Executive Chairman of IBM – tells Alan Murray why corporations, not the government, are best positioned to make this happen. The two also discuss the Business Roundtable. The group represents nearly 200 companies, and in August announced it believed business has a duty to serve all stakeholders, not just shareholders. This was a big deal, and Rometty was part of the group that pushed for the change. She explains why she believes this is essential for economic success, and how she has instituted a commitment to all stakeholders at IBM. Also shedding light on how this change from the Business Roundtable came to fruition, Alan speaks with Rick Wartzman of the Drucker Institute.