International Business University (IBU) has launched the Future Talent Research Institute, an initiative aimed at addressing the skills gaps in Ontario’s workforce while shaping Canada’s economic future. The institute will focus on researching labour market needs and aligning IBU’s academic programs with employer demands to ensure graduates are prepared for an evolving economy.
Dr. Artie Ng, Dean of IBU, emphasized the role of the institute in bridging the gap between education and industry. “As Ontario’s economy continues to evolve and technological innovation accelerates, employers are seeking adaptable, effective and skilled talent,” said Ng. “The institute will serve as a hub for research to enhance understanding of these needs, not only in Toronto and Ontario but across Canada.”
The launch follows the findings of IBU’s inaugural research study, which surveyed 78 senior leaders across various industries in Ontario and Canada. The study revealed that employers face challenges in filling roles that require a combination of technical expertise and business acumen, particularly in fields such as data analysis, digital fluency, and cybersecurity.
Additionally, the rapid pace of artificial intelligence (AI) and automation is forcing businesses to adapt quickly. According to the study, employers are also prioritizing workforce well-being, with a growing emphasis on leadership that supports employee mental health and fosters emotional intelligence.
In response to these findings, IBU is adapting its curriculum to focus on the skills needed in today’s workforce. The university offers programs, including specialized MBA tracks in technology, innovation, financial analytics, and global business management, that aim to prepare graduates for key roles in Ontario’s and Canada’s growing sectors.
Gina Jeneroux, Director of the Future Talent Research Institute, highlighted the institute’s broader mission: “Employers are not just looking for cutting-edge technical skills. They’re seeking talent with leadership, adaptability, and problem-solving abilities.” According to Jeneroux, the institute’s research will continuously inform IBU’s curriculum, ensuring graduates meet the evolving needs of the business world.