What Best Practices are Emerging to Understand and Measure Skills in the Talent Pool?

Abstract

[Excerpt] One of the largest problems facing companies today is the shortage of available and qualified talent. This skills gap is largely going unaddressed with 60% of executives reporting that they cannot keep their workforce current on necessary skills. In the future, this problem is likely to intensify as millions of workers are forced to reskill or change jobs or industries due to technical innovation. For these reasons, companies need to expand their understanding of qualified candidates both internally and externally. One way of doing this is to abandon the traditional signals such as experience and education in favor of a more direct approach.