Tag Archive | skills

HR Role in Digital Skills Learning and Development

HR Role in Digital Skills Learning and Development

Digital transformation is accelerating as COVID-19 shifts business models, adding to the already widespread demand for digital skills. The imperative for HR is to acquire the right digital skills, but how do you know what to prioritize? Here’s the answer.

via Gartner

Human ROI: A Framework for Appraising Tangible Talent

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“An accounting framework for human capital that incorporates these guiding principles needs to go beyond existing metrics. We propose a three-part framework that can help companies better understand how work and talent can create value in a post-COVID-19 workplace:”

via World Economic Forum

Can a Distributed Workforce Ease the IT Talent Shortage?

Can a Distributed Workforce Ease the IT Talent Shortage?

An IT talent shortage already beleaguers 69% of enterprises. According to Everest Group, 75% of enterprises believe there will be a talent shortage for key roles in IT, analytics and special skills areas post-COVID-19 and that the current recession will not create a surplus of technology talent. In fact, 67% of enterprises think new skills gaps will emerge.

via Everest Group

Reskilling Talent: Preparing for The Future of Work

Reskilling Talent: Preparing for The Future of Work

Demand for physical and manual skills in repeatable tasks will decline by 30 percent, while demand for literacy and numeracy skills would fall by 20 percent. In contrast, the demand for technological skills will rise by more than 50 percent, and the need for complex cognitive skills will increase by one-third.

via McKinsey

Why Upskill Initiatives Gained Momentum in 2020

Why Upskill Initiatives Gained Momentum in 2020

“Recent studies show that nearly 30% of employees feel their skills will be redundant within the next two years. Nearly 50% of those in Gen-Y and Gen-Z think their skills will be irrelevant in the next four to five years.”

via Futurum

Digital Growth: Why the BoD Technology Skills Matter

Digital Growth: Why the BoD Technology Skills Matter

As companies are innovating, implementing new technologies and entering into new markets, their business models may call for a board of directors with new skill sets. But boards shouldn’t focus on adding a director with just a singular new skill set.

via Spencer Stuart

Lessons Learned from The Most Innovative Companies

Lessons Learned from The Most Innovative Companies

“Committed innovators” have the winning hand, the report says, with almost 60% reporting an increased proportion of sales from products and services launched within the past three years, compared to just 30% of “skeptics”.

via World Economic Forum

Future of Work: Survey Finds Digital Skills Shortfall

Future of Work: Survey Finds Digital Skills Shortfall

In a recent Gartner survey of 113 learning and development leaders, 71% said that more than 40% of their workforce has needed new skills due to changes to work brought on by COVID-19. Furthermore, organizations need resilient leaders more than ever.

via Gartner

Remote Work: The Productivity Benefits are Proof Positive

Remote Work: The Productivity Benefits are Proof Positive

“More than three-quarters of the respondents said their organization’s overall productivity has increased in the current COVID-19 period. The average improvement in productivity was just over 13 percent, as compared to before the pandemic period.”

via Everest Group

How Remote Work is Enabled by Just-in-Time Learning

How Remote Work is Enabled by Just-in-Time Learning

“When wide swaths of the global workforce had to quickly pivot to working from home, skills gaps emerged. In March and April 2020, LinkedIn Learning experienced its largest spike in history, as employees spent 130% more time learning than they had in the first two months of the year.”

via LinkedIn