May 2023 roundup: HR strategies, talent management, and skills development for workforce success

Hello fellow subscribers!?

In the May roundup, we explore different aspects of HR strategies, talent management, and skills development and address workforce challenges. Learn the importance of adapting to changing workplace dynamics, leveraging technology, and implementing proactive approaches to enhance employee satisfaction, performance, and organizational success. But first, check out these sizzling summer 2023 workshops:

Here's a glimpse of three exciting workshops we've lined up just for you:?

?? On June 27, visit the “Skills and Competency Audit: From Supporting to Driving Business Strategy” workshop.?

In collaboration with BDO and TASK experts, we’ll delve into the power of skills data in evaluating operational and financial risks. Learn how big data can pave the way for successful strategic workforce planning.?

?? On June 28, visit the “Enhancing your people strategy with smartData market insights” workshop.?

We’ll present the latest technology that gives access to a unique, global data pool tailored for business success. Get actionable insights into the people strategy you can apply in your company.?

?? On June 29, visit the “No one should be left behind – the importance of strategic workforce planning on a skills basis” workshop.?

See how to prepare your organization for future success through data-driven skills planning. Learn from examples of companies that have emerged stronger from previous crises thanks to their data-driven approach to skills planning.?

Register now?

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Global labor market insights: April 2023 edition - Exploring the race for skilled heat pump professionals

In this month's edition, we delved into the global labor market and examined the decline in job postings worldwide, focusing on the cooling-off of the US labor market. Additionally, we explored the rising demand for skilled labor in the heat pump industry, as evidenced by the recent surge in job opportunities related to managing, installing, and maintaining heat pumps. Learn more about the research results here.

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Now, let’s get back to HR strategies.?

Unlock the power of job crafting: Comprehensive insights and benefits for companies?

Job crafting is individuals’ physical and cognitive changes in their work tasks or relational boundaries. It involves employees proactively reshaping their roles and responsibilities to enhance job satisfaction and performance. Check out how companies can benefit from implementing job crafting strategies.

Explore the evolution of HR: Embrace the hybrid cloud for a strategic edge

Did you know that 94% of businesses today operate in de facto hybrid environments with a mix of public cloud, private cloud, traditional IT, and countless SaaS applications? Learn about the benefits, challenges, and considerations of adopting a hybrid cloud model for HR operations in our recent study.

Ready to revolutionize your learning and development (L&D) strategy?

See what would happen with your organization if you tried an intelligent approach to skills-based matching to identify the right training for the right people. We share our recent research on unlocking the power of content intelligence in learning and development (L&D), explaining how organizations can leverage data-driven insights and intelligent technologies to enhance L&D strategies, improve content creation and delivery, and drive impactful learning outcomes.

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We did some research on skills management in May. Let’s talk about it.

Get insights into a skills-based talent strategy?

As job requirements rapidly evolve, studies predict that by 2025, 50% of employees will need reskilling, and the core skills of 40% of the current workforce will undergo significant changes. Get insights into developing a skills-based talent strategy, highlighting the importance of identifying and nurturing essential organizational skills to drive business success and adapt to changing workforce dynamics.

Unlock the power of cross-skilling?

Gain insights into what cross-skilling is, explore the benefits of cross-skilling through real-world case studies, and discover budget-friendly strategies for successful implementation. We share how acquiring diverse skills can enhance career growth, employability, and adaptability in today’s rapidly changing work environment.

Overcome the tech skills paradox: Implement HR strategies for success today

A Gartner survey conducted in November and December 2022 found that 86% of CIOs saw increased competition for qualified candidates, while 73% expressed concerns about IT talent attrition. Check out HR strategies to navigate this challenge successfully, including reskilling and upskilling initiatives, talent acquisition strategies, and leveraging technology to bridge the skills gap in the tech industry.

Consequences of the widening STEM skills gap for business?

Science, Technology, Engineering, and Mathematics (STEM) disciplines have emerged as pivotal catalysts for global economic expansion and innovation. According to a report by the National Science Foundation, STEM-related occupations offered a median annual wage nearly twice that of non-STEM jobs.?

Discover practical strategies to secure a competitive edge. Learn how to attract, develop, and retain top talent to fuel your success, foster innovation, and promote diversity and inclusion in STEM fields.?

What’s behind the UK and EU HGV driver shortages? Reasons and solutions

The heavy goods vehicle (HGV) industry in the United Kingdom is facing a crisis due to a severe shortage of drivers. This has led to delays, increased costs, and supply chain disruptions, affecting businesses nationwide. But the impact extends beyond the UK, with European countries heavily relying on HGV transportation also feeling the strain.?

Check out possible solutions to secure the HGV industry's future and safeguard supply chain stability.?

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