The traditional one-size-fits-all approach to learning is no longer effective as the shelf-life of skills has decreased to just 3-5 years. To remain competitive, leaders and businesses need to embrace dynamic learning, unlearning, and relearning throughout their careers. This requires a shift from static learning to dynamic growth as the world of work has changed. Internal talent mobility programs are crucial for employee retention and businesses need to move away from a static job architecture to a skills-based architecture. Skills mapping, or matching skills to roles and the type of work people are doing, underpinned by AI, can help find, hire, and grow talent. Skills mapping and intelligence also help businesses execute their strategy while helping employees continue to learn and grow. Skills are the new currency and it’s critical to understand who employees are and provide them with clear pathways for growth. To succeed in this new normal, businesses need equal pillars of people, processes, and technology. Ultimately, leaders need to decide whether to remain in the status quo or evolve to meet employee and business needs.
Mapping skills to workforce gold in under 150 characters through effective skill recognition and utilization strategies.
