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. 

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Something big is happening in the world of business. CEOs increasingly say their jobs have become less about giving orders, more about inspiring, motivating, setting a north star. They are taking the lead on big issues like climate change, worker retraining, and diversity and inclusion. They are under pressure from employees, customers and investors not just to turn a profit, but to prove they are doing good in the world. And in the process, they are fundamentally redefining the relationship between business and society. Join Fortune CEO Alan Murray and Editor-at-Large Michal Lev-Ram as they probe the best of these leaders for insight into what they're doing, why they're doing it, and what impact it is having.