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As the world's economy develops into a more dynamic, fast-moving, and unpredictable entity, it is crucial that the workers who create wealth have the ability to assess and respond to new and unforeseen challenges. In other words, the future will require a more competent workforce. What, though, does this mean in practice? In this fully revised second edition, a variety of researchers from around the world provide an international perspective on the issue. Helping to redefine the term competence, they present competence as having the ability to assess new situations and then adapt one's response accordingly, particularly in collaboration with others. The book explores the concept of competence in industry and vocational education, in schools and colleges, in small businesses and companies, and in universities.