Traditional training methods are failing tech teams, with 78% of organizations abandoning projects due to a lack of necessary IT skills. By 2030, 39% of existing skills will be outdated, impacting competitiveness and revenue. To bridge these skill gaps and foster a culture of innovation, tech firms need to implement real-time learning strategies like stretch projects and microlearning sessions. These methods help teams learn through practical experience while meeting project deadlines, ultimately creating stronger, more agile teams capable of adapting to rapid industry changes.
After leading cross-functional technology through 25 years of rapid industry shifts, I've seen what works. Two practical strategies have consistently helped mid-sized tech firms build stronger, future-ready teams without massive budgets.
It's jarring to know that 78% of organizations abandon projects partway through because they didn't have employees with the necessary IT skills. Today, skill gaps are considered the biggest barrier to business transformation.
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