How To Prepare Youth Entrepreneurs For The Digital Transformation Era?

Entrepreneurs are the among the job creators and contributors to the national GDP. Digital entrepreneurship concentrates on the creation of digital businesses as well as the implementation of digital technologies by entrepreneurs.

This holds the potential for helping to make entrepreneurship more inclusive and to alleviate the high levels of unemployment. While digital transformation entails the adoption as well as  integration of information and communication technologies (ICTs), leading inevitably to an increasingly digital society, in addition it can create much uncertainty and unforeseen consequences.

In South Africa, youth entrepreneurs face challenges in terms of participating in the digital space. For these young people to receive the correct type of support in order to help them grow and thrive, we have to acknowledge that most youth in disadvantaged communities lack the relevant skills and access to ICT infrastructure to engage with the Fourth Industrial Revolution (4IR).

The Skills Needed To Thrive In The Fourth Industrial Revolution

Active Listening

Active listening is a soft skill which is expressed by those who pay specific attention to what they are been told. This is a very important skill that assists to enhance communication between employees and employers, between parents and children, or between teachers and students. It’s a vital aspect for youth entrepreneurs to adopt if they want to succeed with digital transformation.

Active listening, such as every other skill, necessitates time and practise in order to become proficient at. If developed well, active listening offers benefits such as trust-building, rapport in addition to communicating empathy. Just as with other skills, active listening is a skill that you are able to develop and improve upon.

Complex Problem Solving

The Fourth Industrial Revolution is awash with sophisticated products and services, in addition to a rapidly changing environment. You find that success in the marketplace needs the ability to solve complex problems.

Regarded as one of the most essential skills for today’s workforce, complex problem-solving abilities allows workers to respond swiftly to corporate threats. Not just that but responses that assist managers handle big sets of data and information as well as technological, and human issues.

Although Artificial Intelligence (AI) is utilised by firms to gather and analyse large chunk of data, such systems have their limits. There are situations which necessitate the usage of complex problem-solving capabilities to solve.

Coordinating With Others

The ability to organise extraordinarily well is a necessary skill for today’s working professionals. One very important concept which best captures the term ‘coordinating with others’ is your capacity to work with a team. This is as the team leader or as a crucial member of the team.

By the way, most applicants include ‘ability to work with teams’ in their CVs. However, not many can pass the test when they find themselves in uncomfortable situations. In order to help with developing your ability to coordinate with others, here are some actionable tips to use.

Get in touch with the Digital School of Marketing

If you would like to discover additional information about entrepreneurship in the media then you need to do our Entrepreneurship in the Media Course. Follow this link to learn more.