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Don’t Let the Skills Gap Swallow Your Organization

Degreed

Maybe I’m a little dramatic, but the skills gap is really rocking the talent development space lately — and it’s only getting worse. trillion in unrealized revenue from the skills gap and talent shortage by 2030. As with anything in talent development and workforce planning, an analysis is needed.

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CHROs, here are 5 opportunities to lead the future of work

HRExecutive

A September 2024 IBM Institute for Business Value and Oracle report —which surveyed 1,000 C-suite executives across 20 countries and industries—mines areas of opportunity where HR can positively impact the organization’s overall future of work strategy. Here are areas where CHROs and their teams can have an impact.

Oracle 123
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A Holistic Guide to Workforce Planning: Importance & Steps for Implementation

Empuls

Using surveys and workforce management software, you can identify patterns and trends in your workforce. A talent management program helps you nurture talents until they can assume key positions in your organization. This could be through weekly reviews, surveys, productivity records, 360 degrees feedback, etc.

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7 Predictions for the New (Ab)normal Workplace

Kazoo

Given that 85% of the jobs in 2030 may not exist yet,” she says, “ongoing learning is not a nice-to-have but a must-have to stay relevant in the fast-changing world of work. This requires an entirely new approach to talent development and career progression, especially as the hierarchies become flatter.”. Innovation soars.

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7 Predictions for the New (Ab)normal Workplace

Kazoo

Given that 85% of the jobs in 2030 may not exist yet,” she says, “ongoing learning is not a nice-to-have but a must-have to stay relevant in the fast-changing world of work. This requires an entirely new approach to talent development and career progression, especially as the hierarchies become flatter.”. Innovation soars.

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13 Tried-and-Tested DEI Initiatives To Implement [in 2023]

AIHR

Thirdly, the right DEI programs can boost your employer brand , which can help you attract top talent to your organization and also increase employee performance and retention rates. A survey by CNBC found that almost 80% of workers state they wish to work for a business that values workplace diversity, equity, and inclusion.

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What is Employee Training (+ How To Develop an Employee Training Program)

AIHR

The Association for Talent Development (ATD) revealed that companies offering a formalized training program increase their profitability per employee by 218%. alone will miss $1.748 trillion in revenue by 2030. HR’s role in employee training and development HR plays a crucial role in training and developing the workforce.