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Skills shortages are the biggest risk to Organizational growth in 2024 and 2025, but clear Talent Agility strategies can close skills gaps!

By | Nicolas BEHBAHANI | Global People Analytics Leader @ Future of Work | Leading Global HR Analytics, Driving Business Growth

💡 Only 11% of L&D staff believe employees have the skills they need for future roles.

Adapting quickly to changing environments, navigating career transitions flexibly, and enthusiastically mastering new technologies like Generative AI is becoming increasingly important in today’s career environment.

📈 The total number of skills required for a single job is increasing at 5.4% annually

⚠️ So 83% of HR leaders struggling to find enough talent with the skills they need…and Boards of directors overwhelmingly cite skills shortages as the top risk to organizational growth in 2024 and 2025.

💥 To meet the need for scarce and emerging skills across knowledge domains, CHROs must increase Talent Agility by strengthening five pillars, according to a new interesting research published by Gartner using data from a survey of 270 nonexecutive board of directors.

✅Traditional skills training is not enough for employees

Average skills per job posting 2019 VS 2024

Researchers noticed that the total number of skills required for a single job is increasing at 5.4% annually and 33% of the skills that were present in an average job posting in 2019 will not be needed by 2024.

As skills needs change quickly, traditional training doesn’t always provide skills solutions fast enough. Plus, technology innovations shorten the half-life of skills and create net new skills

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