Rapid technological change and evolving job requirements have widened the gap between the skills organizations need and those employees currently possess. A LinkedIn report shows that since 2015, skill sets for jobs have changed by 25%, and this number could double by 2027. As a result, conducting a skills gap analysis is no longer optionalit has become essential for effective talent strategy.
Peer-based learning is one of the best motivators and accelerators in the corporate world. Not just because it inculcates exchange of ideas and promotes discussion, but also because it helps create great working relationships.
iMocha has the world's largest skills assessment library, with over 2500 questions across various domains.
In the olden days, people mastered one skill, which earned them their bread and butter for a lifetime. After working at the same company for several years, they were gifted a watch during their retirement – probably with their name etched on it.
Regardless of the type of organization, you're in, the importance of having a talented and efficient team in ensuring organizational success is huge. Getting learning and development (L&D) initiatives right is, therefore, crucial to achieving your corporate goals. It's an excellent way of keeping your staff engaged and motivated and enhancing the productivity of your company.
Prepping for an accurate and ROI-driven L&D budget? Don't fall for the trap and view "cost" merely as a tangible element—you need to factor in the non-tangible elements as well.
Learning/talent development and succession planning are two of the most critically important human resource management processes within any organization.
The need for employee upskilling is on the rise, thanks to the rising adoption of automation, AI, and other emerging technologies.
Creating an upskilling strategy without looking at employee data is like an accountant making a profit and loss statement without reading the journal entries—impractical in approach, inaccurate on paper.
For Learning and Development (L&D) professionals, the ability to align training with the business strategy and needs is a prized talent. Seasoned L&D professionals understand that upskill and reskill employees within an enterprise are equivalent to 'upgrading' the organization's shared goals, collective skills, and operational efficiency.
One of the biggest changes that the COVID-19 aftermath has led to is the acceleration of rapid technological advancements across industries. For IT professionals especially, this has compelled them to use technology to reimagine their operations and leverage new tech innovations for facilitating better development and efficient business models.
