How organisations manage their shifting skills need - Deepstash

How organisations manage their shifting skills need

Most organisations use one of two approaches to ensure employees have the necessary skills:

  • Reactive: Organisations often scramble to build new skills as needs arise. By the time HR can put together a learning solution, the business has moved on.
  • Predictive: Over 50% of HR leaders attempt to predict the business' future skills need, but it may lead to misplaced investments in wasted training or outdated skills.

A third approach is a dynamic approach. Organisations that use a dynamic skills approach can apply 75% of the new skills they learn, as opposed to only 37% of the predictive system.

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lucy_d

Investing and saving is not the same thing.

The skills needed for today's working environment are changing rapidly. The current strategy to reskill and upskill is too slow. It requires organizations to rethink the boundaries of solutions to skills gaps.

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