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The US has had an extended historical past of being house to a number of the brightest minds in know-how and innovation. The continued development and growth of Silicon Valley and different tech hubs throughout the nation have continued to strengthen the extent of innovation and progressive considering that drives its highly effective economic system.
Nonetheless, for contemporary companies, leaning on previous successes isn’t sufficient to maintain tempo with necessary international shifts in know-how availability and workforce growth. To remain aggressive and related on this area, US companies have to increase the scope of their very own data and begin studying from different well-developed and educated nations making strides in their very own native areas.
An incredible instance of that is Lithuania, a small Baltic nation in Northern Europe. Few nations have developed as rapidly when it comes to know-how and innovation as Lithuania, and US companies can be taught many necessary classes from its success in constructing and enhancing its academic programs.
Early Publicity Is Important
Lithuania has positioned a excessive precedence on creating an lively and diversified workforce, resulting in a considerable pool of expert professionals in areas like STEM (science, know-how, engineering, and arithmetic). The nation at the moment holds the highest spot within the EU for using younger ICT specialists between the ages of 15 and 34 and ranks first globally in digital talent availability.
This early publicity has been key to bringing the nation to the forefront of technological innovation, with native IT expertise swimming pools now steadily rising at a mean annual fee of 13%. On a extra progressive notice, in 2022, Lithuania additionally boasted the very best proportion of girls employed in science and know-how (64%) in comparison with different EU member states.
Lithuania’s success in early business publicity to younger professionals is attributed, partly, to the continual assist from native governments and the community of universities and analysis establishments accessible. A major instance is the launch of the Nationwide Reskilling/Upskilling Programme by the Lithuanian Public Employment Service. This initiative appears to reskill/upskill 20,000 new specialists in ICT, engineering, and life sciences by the top of 2026.
Develop Extra Downside-Fixing Abilities
An OECD’s PISA 2022 survey confirmed {that a} key energy in Lithuania’s training system is its capability to assist college students develop and keep artistic considering abilities. The outcomes from the survey revealed that 15-year-olds particularly ranked impressively excessive on this space, outperforming the OECD common and demonstrating a powerful capability to generate authentic concepts, consider options, and assume critically throughout areas comparable to writing, visible expression, and problem-solving.
With 26% of Lithuanian college students reaching the very best ranges of artistic considering, it’s clear that the nation’s training system is successfully nurturing these important abilities. A majority of Lithuanian college students polled confirmed their entry to topics like artwork, drama, artistic writing, and pc programming, which have all allowed them to develop their abilities additional.
US companies can be taught from Lithuania’s instance by recognizing that problem-solving abilities should not nearly discovering the “proper” reply however about creating the proper surroundings for workers to discover artistic retailers that organically assist higher crucial considering. By encouraging workers to chase new concepts and experiment with completely different approaches, all companies can set up a workforce that’s not solely expert in what they do however can also be outfitted to deal with the rising challenges of a fast-moving tech business.
Present Extra Palms-On Expertise
Lithuania’s strategy to tech training locations the added significance of hands-on studying. The nation has invested closely in offering college students with labs, and know-how hubs the place they’ll experiment, construct, and convey their concepts to life. This sensible expertise not solely reinforces theoretical ideas but additionally creates extra important abilities.
US companies can mimic this hands-on philosophy by permitting workers to use their abilities in sensible settings. For instance, having workers take part in hackathons, coding competitions, or inner innovation challenges can all be nice methods to construct extra skilled abilities.
Moreover, partnering with academic establishments to supply internships may give college students beneficial real-world expertise whereas giving companies entry to a pipeline of gifted, creating professionals.
By prioritizing hands-on studying, companies can create a workforce that’s not solely educated but additionally adaptable and able to thriving in a quickly altering tech-driven panorama.
Take Benefit of Obtainable Authorities Packages
Lithuania has been identified for its dedication to sustainability in recent times – particularly in relation to new developments in its tech sector. Its authorities has acknowledged that inexperienced initiatives and technological innovation go hand-in-hand, actively supporting companies which can be creating and implementing sustainable options and inspiring extra academic development in these areas. This assist is available in completely different varieties, together with tax breaks for corporations investing in energy-efficient applied sciences, subsidies for renewable vitality initiatives that energy tech infrastructure, and grants for analysis and growth in areas like inexperienced know-how training and sustainable manufacturing processes.
US companies can draw inspiration from Lithuania’s strategy by actively researching and leveraging authorities packages that assist each the training of their workers and the implementation of extra sustainable practices inside their organizations. Companies may also proactively have interaction with authorities companies, academic programs, and their business associations to advocate for higher insurance policies that additional assist sustainability within the tech sector.
Collaboration and Innovation Go Hand in Hand
US companies have ample alternatives to accomplice with and be taught instantly from varied Lithuanian organizations to higher their tech capabilities. Teams like InnoHub Lithuania, for instance, play an necessary function in serving to to create one of these enterprise ecosystem by facilitating strategic collaborations and connecting companies throughout borders.
InnoHub Lithuania supplies mentorship packages that join startups with skilled professionals who can provide steerage on creating newer applied sciences and increasing their market attain whereas additionally serving to them navigate the complexities of creating new worldwide partnerships. The group additionally hosts networking conferences, workshops, and investor pitch occasions all year long to open up beneficial alternatives for companies to showcase their services, acquire necessary insights from business leaders, and safe extra funding.
Growing and Rising Your Enterprise With the Proper Partnerships
US companies can be taught loads from Lithuania’s give attention to early business publicity and its proactive strategy to tech training. By following the examples mentioned and on the lookout for extra alternatives to create strategic partnerships with Lithuanian organizations, US-based companies can proceed to enhance their capabilities whereas enjoying an necessary function within the ongoing growth of a tech-driven ecosystem.
Writer Info
Writer Title: Diana Placiakiene
Writer Bio: Diana, the Enterprise Group Supervisor at InnoHub Lithuania, brings over a decade of expertise in advertising and marketing, gross sales, occasions, and neighborhood constructing. Her profession spans work with early-stage startups, authorities initiatives, and small companies.
From 2013 to 2015, Diana represented Innovation Company Lithuania in Silicon Valley, appearing as a bridge between Lithuanian tech corporations and the dynamic Silicon Valley ecosystem. She additionally led the San Francisco American Lithuanian neighborhood for over three years, launching progressive packages and initiatives to attach and empower professionals.
Diana holds an MBA from Mills Faculty in Oakland, California.
LinkedIn: https://www.linkedin.com/in/dianaplaciakiene/
Photograph by Dmitriy Ok. on Unsplash
