Nine in ten executives admit that their organisation is already facing skill gaps or expect to see these gaps become more paramount in the coming years. Add to this, the Great Resignation and leaders find themselves at a crossroads.
We know that digital and AI technologies are transforming the world of work and that today’s workforce will need to learn new skills and learn to continually adapt as new occupations emerge. We also know that the COVID-19 crisis has accelerated this transformation. The need for manual and physical skills, as well as basic cognitive ones, will decline, but demand for technological, social, and emotional, and higher cognitive skills will grow. Therefore, the priorities of leaders for the year ahead must shift to ensuring top talent not only stays with the company but that their skills can evolve quickly enough to stay competitive. In this article, we explore the changing conversation around skills, how power skills are replacing soft skills and why they are the key to future-proofing your company, how to empower employees with tactical skills to gain competitive advantage and why tech skills are intrinsic to modern-day business strategy. The purpose of this piece? To reframe the conversation, showcasing that fostering an ‘always on’ learning culture is essential to addressing skills gaps and creating productive, high achieving and, most importantly, sustainable workforces of the future.
POWER SKILLS: Bye, bye soft skills, welcome to the era of the power skill
“In a labour market that is more automated, digital, and dynamic, all citizens will benefit from having a set of foundational skills” - McKinsey & Company: Defining the skills citizens will need in the future world of work
What are power skills?
Communication Time management Teamwork Research Goal setting Leadership Creative thinking Positive mindset
Why power skills are the key to future-proofing your company
Add value beyond what can be done by automated systems and intelligent machines Operate in a digital environment Continually adapt to new ways of working and new technologies
TACTICAL SKILLS: Tactical skills to empower non-technical employees
“Nearly nine in 10 (88%) executives say their company is experiencing higher turnover than normal.” PwC survey
What’s the big deal about tactical skills?
Business intelligence Design and UX Finance and accounting HR and talent development Marketing Project management Customer experience
The importance of ‘always on learning’ channels
TECHNICAL SKILLS: The technical skills demand
40% of CEO’s today recognise their tech leaders and chief information officers are key to driving future business strategies. Deloitte Intelligence Survey
Tech strategy is business strategy
Tech skills are no longer exclusive to tech roles
Google Cloud Microsoft AZ-500 Microsoft Azure Amazon AWS Google Cloud Professional Cloud Architect
In conclusion: A learning culture provides a competitive edge
Morson has helped clients navigate the challenges of the recruitment market for over 50 years. We give our clients experts on hand to find the right people for every type of role, from specialist technical staff to office support. But more than that, together we take a bird’s eye view of your talent, allowing us to keep spend consistent, track trends within your workforce, build diverse teams, and forecast and prepare for future skills issues and opportunities. It’s a collaboration that fuses your ambitions, objectives and intelligence with our talent expertise and market knowledge.
If you would like to find out more about our recruitment offer or want to outsource and simply don't know where to start, get in touch with Director David Lynchehaun, email@example.com