AI and the Future of Skills

AI is transforming work as we know it. In the World Economic Forum 's Future of Jobs Report 2023, 75% of companies said they plan to adopt AI over the next five years, and employers estimate that 44% of workers’ skills will be disrupted with this shift.?

In this month’s edition of #TomorrowsWDAY, we’re exploring how businesses can leverage AI and ML to build a skilled workforce for the future of work. Subscribe to stay up-to-date on the latest trends and insights.?

How do you think AI will shape the future of skills? Share your thoughts in the comments.

How AI and Skills are Shaping the Future of Work

• In a rapidly changing world, adaptability is key to thrive. By creating a workplace culture where employees are given opportunities for skills building and career development, companies can build a workforce that can adapt to disruption and drive growth. Learn how HR leaders can use AI and ML to identify skills gaps, promote growth opportunities, and create personalized, engaging employee experiences.

• Skills-based hiring is on the rise as employers look to build an agile and adaptable workforce. To identify and attract top talent, talent acquisition teams need to take a trustworthy AI approach to sourcing and take a critical look at their current strategies to ensure they are bringing the needed skills through the candidate pipeline. Explore how the recruiting landscape is changing.

• A recent study from CFO Alliance found 38% of CFOs are prioritizing budget increases for improving skills and capabilities, up from 34% a year earlier. AI literacy and data analysis are top skills in demand for finance talent. Find out how CFOs are preparing their teams for the future and integrating technology to boost results.

Become a Skills-Based Organization

• For an organization to thrive and succeed through continuous change, they need people with the right skills. However, implementing a skills strategy requires a massive shift in mindset and many moving parts to make it a success. RedThread Research shares six key areas leaders should focus on as they plan their skills strategy.

• AI and ML are critical to analyze skills, understand their relationship to each other, and map that to a workforce at scale. Learn how the AI and ML applied to Workday Skills Cloud enables organizations to upskill, reskill, redeploy, and hire new talent with ease, and tune in on June 8th as our Workday Implementation Strategy speakers share insights.

普华永道 set out to reinvigorate skills tracking and capabilities with ML. Since implementation of Workday Skills Cloud, the percentage of recorded skills has increased by 90% in one year. Learn more about their journey, and join us on June 14th for tips on how to get started and pitfalls to avoid.

• How can IT and HR leaders partner to build a skills-based people strategy with AI? Don’t miss our next #WDAYChats on May 24th at 9:30am PT on LinkedIn Live for insights from our CTO Jim Stratton and GM of Talent Aashna Kircher.

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