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Exploring the Future of Skill-based Organisations

By | Andreas De Neve | David Green | www.myhrfuture.com

According to PwC, three-quarters of CEOs are concerned about the availability of key skills and how this could constrain them from acquiring, developing, and retaining the talent they need to drive growth. This is prompting an increasing number of companies to transition towards a ‘skills-based organisation’. The effort to do so should not be underestimated especially as the consequence of this shift is that the dominant structure of work for the past century – the job – is increasingly being disrupted.

 We are still in the early stages of the transition with research by Deloitte finding that fewer than one in five organisations are currently adopting skills-based approaches to a significant extent. However, the same study found that 90% are moving towards a skills-based approach. This tallies with our research at Insight222, which found that nearly all companies (90%) expressed a desire to build a skills-based approach to workforce planning but that only a quarter are currently doing so. 

As such, I was pleased to recently meet up with co-founder and CEO of Techwolf, and recently named by Forbes in their Top 30 Under 30, Andreas de Neve. We took this time to discuss how HR leaders can make an impact on their business this year by addressing skill shortages and creating the foundation of a skill-based organisation.

Skill shortages are one of the biggest concerns for business leaders, and HR leaders potentially hold the solution to this problem. Andreas will share his insights on how to consolidate skills data, build a skills framework, and leverage AI to transform unstructured skills data into an actionable, structured skills framework. So, let’s dive in and discover how HR leaders can build the foundations of a lasting skill-based organisation.

It’s an interesting, yet challenging time to be a HR leader. What advice can you give someone looking to make an impact on their business this year?

The single biggest workforce concern for business leaders’ centres around skills, or a lack of. Over half (52%) of CEOs feel that skill shortages will impact the profitability of their business in the next decade. HR leaders hold the solution. If they have a clear overview of current skills, future skill needs, and skill gaps, they can be the strategic leader the organisation needs to survive and thrive.

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www.myhrfuture.com
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