How to Rightskill your workforce FAST with Simply and TTRO
In a recent collaborative effort with TTRO, Simply CEO Simon Haines addressed the alarming concerns surrounding the global skills crisis in a webinar that shed light on the critical issues affecting businesses worldwide.
According to PwC, a staggering 74% of CEOs express deep concerns about the availability of key skills, while The Guardian reports that two in ten CEOs fear the viability of their global firms within the next decade due to escalating skill gaps. This paints a grim picture of a pervasive skills crisis affecting every company in the contemporary business landscape.
As the global workforce undergoes a significant contraction, talent shortages have surged to a 17-year high, as reported by the Manpower Group. Looking ahead, over 1 billion workers will need to be reskilled by 2030, and the gaps in essential skills are projected to worsen. This issue is fundamental and inescapable, affecting every employer, large or small.
The acute nature of talent shortages presents a formidable challenge for organizations striving to achieve sustainable growth while remaining cost-effective. The unsustainable practice of hiring at any cost is no longer a viable solution. However, a prevalent issue is that many companies are grappling with the fundamental questions:
- What skills do they need?
- What skills do they currently possess?
- Where are the skill gaps?
- How can these gaps be effectively closed?
The webinar, spearheaded by Simon Haines, delved into these crucial questions, covering key topics that are central to navigating the skills crisis:
1. Definition and Importance of Skills-Based Organizations:
Simon Haines and TTRO explored the concept of skills-based organizations and discussed why such an approach is essential in the current business landscape.
2. Current Skill Gap Challenges in the Business Landscape:
The webinar provided insights into the existing challenges organizations face concerning skill gaps, examining the broader business landscape to contextualize the severity of the issue.
3. Best Practices and Strategies for Closing Skill Gaps:
Attendees gained valuable insights into proven best practices and effective strategies for addressing and closing skill gaps within their organizations.
4. How Data-Driven Insights Can Close Skill Gaps:
Recognizing the pivotal role of data-driven insights, the session explored how leveraging data can be a powerful tool in identifying, understanding, and ultimately closing skill gaps.
In summary, the webinar offered a comprehensive exploration of the skills crisis, providing attendees with actionable insights to navigate the challenges ahead. With Simon Haines at the helm, the collaborative effort with TTRO exemplified a commitment to addressing the pressing issues surrounding skill gaps and fostering a resilient, adaptable workforce for the future.
Check it out below:
