An advanced industrialized nation’s labor force disparity with global tradeable services can become more favorable if mentoring is adapted and recognized as a competitive advantage.
In the global labor force a computer programmer with 10+ years’ experience is equal in abilities. However, only the advanced industrialized nations have many computer programmers with 35+ years’ experience. That holds true in many tradeable service sector industries.
Having mentoring programs as a means of transferring experience and wisdom to the younger labor force, dramatically improves their critical thinking skills. This is something that cannot be duplicated by their counterparts in less advanced industrialized nations, they don’t have the widespread experience in their labor force to mentor.
Having a mentoring program places more value on the human element. The global labor force may appear to have the same skills sets however, by using mentoring the advanced industrialized nations domestic labor has critical thinking skills that would take their counterparts years to achieve.
Unless tradeable services is regulated and controlled by governments, it will be the human element that determines the level of penetration tradeable services has on advanced industrialized domestic economies. Bottom line mentoring enhances a workers skills and abilities, helping to reduce advanced industrialized domestic labor assault from global labor tradeable services.