Are You Ready for the Skills-Based Economy?
In today’s business world, success hinges on one crucial factor: skills. Advances in technology are moving at such a rapid pace that, to keep up, companies need to prioritize skills development and learning as critical investments in long-term growth. The future belongs to skills-based organizations that focus on the skills of team members rather than degrees.
The shift to a skills-based approach to talent management requires leaders to revisit traditional operating structures. This includes a reframing of functional hierarchy, hiring focused on a candidate’s earned knowledge, and an overhaul of organizational processes that can slow down innovation. Download Are You Ready for the Skills-Based Economy? for insights on how to help your company evolve into a skills-based organization.