"Only 10% of human resources (HR) and learning and development (L&D) professionals believe their teams possess the necessary skills to meet business goals within the next one to two years. That's the conclusion of Skillsoft's Global Skills Intelligence Survey . Conducted by an independent market research firm, the research surveyed 1,000 global HR and L&D professionals whose organizations have a talent development program in place."
"More than a quarter (28%) of professionals said skill gaps limit their ability to expand into new markets, and over a third (37%) fear losing top employees to competitors offering stronger development opportunities. Orla Daly, CIO at Skillsoft, told ZDNET that the research shows business leaders must keep pace with the changing requirements for capabilities in different operational areas. "Significant percentages of skills are no longer relevant. The skills that we'll need in 2030 are only just evolving now," she said. "If you're not making upskilling and learning part of your core business strategy, then you're going to ultimately become uncompetitive in terms of retaining talent and delivering on your organizational outcomes.""
Only 10% of HR and learning and development professionals believe their teams currently have the skills required to meet business objectives in the next one to two years. The finding comes from a global survey of 1,000 HR and L&D professionals at organizations with talent development programs. Twenty-eight percent report skill gaps limit market expansion, and 37% fear losing top employees to competitors with stronger development offerings. Many existing skills are becoming irrelevant while skills needed for 2030 are still emerging. Technology, particularly AI, is positioned as the key enabler for rapid upskilling, though many AI initiatives fail to deliver measurable results due to poor integration into workflows.
Read at ZDNET
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