Emerging Skills: The Secret to Future-Proof Your Workforce

With emerging technologies and shifting market dynamics, the demand for new skills is constantly on the rise. From data analytics and artificial intelligence to sustainability and remote collaboration, emerging skills are shaping the future of work in profound ways.

But what exactly are these emerging skills, and how can we prepare our teams to thrive in this rapidly changing environment? That's the question we'll be exploring in this edition of the People Leaders Newsletter.

However, our exploration extends beyond these boundaries. Within the expansive realm of talent management, talent pools emerge as invaluable assets, serving as guiding lights for organizations navigating turbulent waters plagued by skill shortages and talent gaps. By cultivating a diverse pool of talent, organizations can harness the power of emerging skills to drive innovation, foster growth, and stay ahead of the curve.

Join us on this journey of discovery as we navigate the intersection of emerging skills and talent pools. Through practical insights, best practices, and statistics, we aim to empower you to lead your organization towards a future of sustainable growth and success. Enjoy the reading! ??

Picked From Our Library

Deploying Emerging Skills for Organizational Success

From AI's impact on industries to the rise of remote work, industries are evolving swiftly, demanding new skill sets. Emerging soft skills like critical thinking, along with digital proficiencies such as data literacy, are becoming indispensable. Investing in emerging skills isn't just smart—it's essential for organizational success in the digital age.

Find out more on our blog

Talent Pools: Maximizing Talent Acquisition Efforts

Talent pools offer a strategic advantage in talent acquisition by proactively cultivating relationships with potential candidates. They reduce time-to-hire, cut costs, aid in succession planning, and enhance agility. Discover more in our latest article.

Find out more on our blog

?? Tips from HR Superstars

In this edition, we've found insightful Karen Wilson's post, in which are discussed the latest skills stats that highlight a rapidly evolving work environment where 50% of current skills will be outdated in 2 years, with 50% of future skills unknown.

Karen Wilson is the Global Director of Talent Development at Booking.com where she oversees learning and leadership initiatives for over 14,000+ employees. She shapes strategies to ensure employees possess the necessary skills, knowledge, and behaviors, aligning with the company mission and global business goals.

?? Hand-picked Articles We Loved

Adobe: How digital credentials unlock emerging skills in the age of AI

Traditional qualifications like college degrees are no longer enough. In the era of AI, digital credentials are redefining the recognition of skills. They offer portable, verifiable proof of emerging skills, like creative thinking and digital fluency, empowering individuals to showcase their expertise beyond traditional qualifications.

Explore the full article on Adobe

SHRM: Emerging Tech Skills That Should Be on HR's Radar

"Just because you may not be in an IT or technology role doesn't mean you don't need skills in the realms of data, security, automation and design thinking. These skills are needed in any function within an organization to help streamline processes and maximize data for good decision-making.” - Charlie Schilling, president of enterprise business and workforce development at Emeritus

Find out more on SHRM

LinkedIn: Building a Talent Pool for the Future: The Skillset Approach

The skillset approach emphasizes agility and adaptability in talent acquisition. It involves identifying critical skills, assessing candidates based on their ability to learn and adapt, fostering continuous learning, and offering skill-based career paths. Benefits include future-proofing the workforce, accessing diverse talent, and enhancing employee engagement.

Explore the full article on LinkedIn

Indeed: What Is Talent Pooling? (With Benefits, How-To Guide and Tips)

Talent pooling involves collecting information on qualified candidates for potential positions, organizing them in a database. It includes internal pools for advancing employees and external pools for external candidates. Benefits include motivating employees, improving hiring time, and lowering costs. To develop a talent pool, align with organizational goals, assess existing talent, establish training procedures, and manage pools effectively.

Find out more on Indeed

???In the Spotlight

Nestor at Unleash America 2024: Let’s meet there!

?? Nestor is gearing up for an electrifying presence at UNLEASH America 2024, set to ignite Las Vegas ?? from May 7th to 9th. We're thrilled to be among the event sponsors, ready to fuel innovation and collaboration in this dynamic arena!

Come join us at the world's largest HR conference, expecting over 10,000 attendees. This event offers three days packed with unmatched learning, networking, and innovation opportunities, promising a fusion of innovative ideas and cutting-edge technology that will reshape the future of work.

??But before you set foot in the vibrant city of Las Vegas, allow us to be your guide. In anticipation of this event, we've curated a comprehensive list of must-know tips and must-do activities to ensure you make the most of every moment. Join us for this unforgettable journey—we're eager to connect with you there! ??