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How STEM Education Drives Business Innovation

How STEM Education Drives Business Innovation

More and more companies these days are embracing the concept of STEM education and including it as a part of their corporate social responsibility programs. Cisco, PepsiCo, Microsoft, Google and each have their own initiatives to encourage STEM education and skills development globally. So, what exactly is STEM and why is it so important for future growth?

The Logic Behind STEM

STEM is an approach to learning and development that includes the four disciplines of science, technology, engineering, and mathematics. The skills developed through STEM include problem solving, creativity, critical analysis, teamwork, independent thinking, taking initiative, communication, and digital literacy.

See Also: Encouraging Career Advice from 9 Women in Tech

Why Is STEM Education Important?

With the constant and rapid technological advancements, it is critical to have skills to accommodate and meet the requirements of a demanding workforce. A STEM education not only helps students develop key skills and stand out from the crowd, but also contributes to improving productivity, innovation, and success for our community and the economy.

A STEM education not only helps students develop key skills and stand out from the crowd, but also contributes to improving productivity, innovation, and success for our community and the economy.

Decades ago, innovators were thought to be traditional scientists that made great breakthroughs, but today, that mindset has changed as STEM education is becoming more accessible, inclusive, and engaging for anyone who is interested.

STEM In the Workplace

Many traditional jobs are in the process of being replaced by automation, and companies in today’s competitive technology market are finding it difficult to predict the occupations of the future. STEM education aids this problem by teaching students skill sets that can be used for a variety of different careers across the spectrum.

STEM-based learning is becoming more important as it builds and encourages the mindset of being innovative and creative, which is a better long-term strategy than training and educating individuals on occupation-specific skills.

Closing the STEM Gap

Encouraging diversity in STEM brings forward new ideas and experiences for approaching and solving problems in the workplace. Innovative technology makes it possible to work on solving problems never attempted before. By including different perspectives and skill sets to shape the direction and rate of innovation, we can find even more efficient ways to solve problems. By not including a more diverse group in STEM, there is a risk of losing out on a competitive advantage.

By including different perspectives and skill sets to shape the direction and rate of innovation, we can find even more efficient ways to solve problems.

Geotab and STEM

Geotab encourages men and women in STEM to be excited about the work they are doing. We have recently developed programs that are geared towards the development of STEM skills. Some of these include:

  • Geotab Research and Development Program: A free program for undergraduate and graduate students, and university faculty who are looking to integrate real-time and real-world telematics data Geotab GO devices into their research endeavours, design projects, or theses.
  • Students and Internships: Geotab hires summer students for university co-ops, internships, and graduate degree candidates. Those selected have the opportunity to work alongside full-time Geotab employees and be involved with the day-to-day activities at our head office.

As an organization, we are constantly working and building on these types of programs to help shape a better future and open doors to students for lifelong learning.

Conclusion

While STEM awareness and education is critical to the development of key skills for our youth, it is important to not overlook building soft skills from an early age. A majority of a workers day involves collaboration, teamwork and most importantly, effective communication. It is essential for employers and educators to incorporate soft skill development into programs to help shape individuals for their careers. Geotab is continuously looking for ways we can can improve and support the way we impact the youth.

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