This report by the CIPD explores how best to develop the next generation to meet business and learner needs. It explains that when identifying the best development methods to plug skills gaps, employers should take into account the need for a blended approach - while a significant proportion of development will be gained from on-the-job experience, innovative methods such as business problem exercises or upward mentoring can be complementary. The report highlights a range of considerations for HR and L&D professionals and business leaders, noting that in determining the right approaches, having an awareness of generational learning preferences is essential. The research shows that young people are keen to learn from practical, hands-on experiences, combined with having the right support in place. While formal learning and qualifications have a place, they need to incorporate the opportunity to translate theory into practice.