Closing The Employability Skills Gap via Deloitte

Closing The Employability Skills Gap

The answer is simpler than you may think

Deloitte: 1.28.2020

Advances in AI, cognitive computing, and automation mean employers should equip workers with more than technical skills. Skills such as creativity, leadership, and critical thinking might be more important than ever.

MOST organizations are well aware of what economists are calling the Fourth Industrial Revolution and what it could mean for the future of work. Up to an estimated 47 percent of US jobs face potential automation over the next 20 years, driven primarily by rapid advances in AI, cognitive computing, and automation of repetitive, rule-based tasks. Other disruptive forces seem to be shaping the future of work as well—many organizations are shifting to more team-based structures; workplaces are increasingly virtual, flexible, and geographically agnostic; the overall workforce is becoming more diverse, multigenerational, and dispersed; and most careers are morphing from following predictable road maps to constant reinvention. In the face of this, various leaders across industries are reimagining their workforce models to explore how they can use technology, expanded work settings, and alternative talent to address these disruptive forces. In addition, many are reevaluating their talent profiles, including how they measure the skill sets required for success in the future.

Now, possibly more than ever, there appears to be an impetus for employees to bring their “soft” skills—such as creativity, leadership, and critical thinking—to work. While traditionally referred to as "soft skills," in reality these capabilities are critical to delivering business value and adapting hard skills as workforce needs change. However, many employers continue to overemphasize digital fluency and skills such as coding as a reliable way to futureproof our workforce, when in reality, even coding is not immune to automation. The value proposition of humans in the workforce is shifting to essentially “human capabilities,” such as curiosity and empathy. In this scenario, employers would also need to consider not only how to attract top talent, but also potentially rethink learning and development and better cultivate the social and emotional skills that their workforce needs to add value in the future.  READ MORE ➤➤

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