The Skills Imperative: Transforming Talent Strategies for Tomorrow's Workforce

With the rapid advancement of AI, accelerated digitalization, the greening of the economy and workforce demographic shifts, businesses are grappling with the nature of work and the skills needed for the jobs of the future. Skills profiles across industries have already changed dramatically and will continue to do so. In this month’s newsletter, we share our latest research into the current skills landscape, which revealed a surprising disconnect between the perspectives of employees and employers. It’s time for talent leaders to embrace skills-based strategies to ready their workforces for the future—the resources below will give you the roadmap you need to help your organization become more skills-centric.?

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New Research Report: The Skills Crisis Countdown ?

A new research report from PeopleScout and Spotted Zebra, The Skills Crisis Countdown, reveals that nine in 10 HR leaders believe that up to 50% of their workforce will need new skills to perform their jobs in the next five years. Yet, only 7% say they are actively investing in reskilling programs. The report provides a detailed picture of the current skills landscape and the disconnects between the employees and their employers.

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Upcoming Webinar: The Ticking Talent Clock: Is Time Running Out to Address the Skills Crisis??

Want the research but short on time? Join PeopleScout’s Global Head of Talent Advisory Consulting Simon Wright and Spotted Zebra’s Chief Customer Officer Nick Shaw for a Talking Talent Webinar, The Ticking Talent Clock: Is Time Running Out to Address the Skills Crisis? They will delve into the key findings from the research, lay bare the skills crisis and show why the clock is ticking for talent leaders.? ?

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Research Recap: What Our Latest Research Tells Us About Skills Gaps?

The very meaning of "skills" is shifting beneath our feet. However, companies still rely heavily on degrees and experience over skills in hiring decisions. No wonder we're careening towards a global skills crisis. This article covers some of the key findings from our research including how HR leaders are preparing for the future of work, the tech skills gap and how employees feel about their skillsets going into a new era of AI and automation.?

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In Case You Missed It: ?

• Tech & Digital Skills: 5 Recruitment Strategies for Closing the Skills Gap: As organizations try to reinvent their business models to keep up with new and emerging technologies, employers in all sectors must prepare their workforce for digital-first employment. This article explores how taking a skills-based approach to talent acquisition can help you find talent with the right skills and competencies regardless of their degree or job history.???
• Green Job, Green Skills: Hiring for a Renewable Future: The future of work is green—in fact, the United Nations predicts that the “greening” of industries like energy, transportation and construction will create 24 million jobs globally by 2030. In this article, we explore the drivers for green jobs, the need for green skills and how employers can find and hire top green talent.?
• Soft Skills in the Workplace: Why They Matter and How to Hire for Them: In the era of skills gaps, soft skills matter. When choosing between two seemingly equal candidates, organizations are now prioritizing “soft skills” as the key differentiator. In this article, we define and explain the importance of soft skills in the workplace and how organizations can best assess candidates for them during the hiring process.?