While COVID-19 created a crisis for many businesses, it certainly was not unprecedented. This article written largely about the business created in the “greed is good” era (of the 80’s), gave large companies that survived the 1997 stock market (mini) crash a way to thrive until the tech bubble burst a couple of years later (in 2000). However, by then businesses learn to adapt. The ones that didn’t fell victim to natural selection and were either eaten or died a slow and painful death. Then we had the CFG 10 years before COVID-19, caused (generally) by reputable financial institutions bundling up poor quality products that would actually cost money (known as sub-prime loans) with a facade of high-quality products. It was not illegal, and people didn’t know what to look for. After all, it was a safe as houses, that didn’t exist, more so customers that didn’t exist when the housed needed to be sold. And the government would not let them fail… until they did. Back to the future, after COVID-19, add in the term “Sub-prime learning”, then see if you can pick where the formal, non-formal, and informal learning segments of the VET sector are in this process?
Do you feel let down by the professional development you did for your trainer and assessor upgrade to the equivalent TAE40116 standard? Are you disappointed that you have been told by your employer that they don’t believe you have the skills and knowledge required to design and to develop assessment tools? Are you worried about keeping your job, particularly if you must deliver the new BSB training package units? Don’t worry, you are not alone, and there are a number of ways to get help. It doesn’t have to cost you extra to get what you have already paid for.