Enterprises need to adapt quickly to fluctuating markets and rapidly changing technology. Groundbreaking products change the workforce landscape, and executives are challenged to not only stay ahead, but thrive in today’s quick-moving industries. Reskilling and upskilling your workforce to maintain productivity has become the cornerstone of many companies’ success. But maintaining visibility into your workforce’s skills and career goals is a paramount challenge.
How do enterprises innovate fast enough to keep up with changing markets? When product innovation relies heavily on skill innovation, how do companies keep up with both? New products and services require new skills from your workforce to drive success, and these skills need to be fostered prior to a surge in demand for them.
Talent Mobility As Core Competency Of Transformation
The talent operating models that have been used for decades are becoming obsolete because they are slow to track workforce skills and predict talent bench strength. A new era of talent management is upon us, and it is agile, open and transparent. If an organization wants to function at full operating capacity, it has to maintain a talent marketplace and share skills across departments.