Tuesday, January 12, 2010

Skills Gap

Does your organization have a skills gap? If so, you're not alone. In a recent American Society for Training & Development survey that was published in the new white paper Bridging the Skills Gap, 79.2 percent of organizations admitted that the skills of their current workforce did not match the changes in their business strategy.

The education system and organizations in the United States, along with the local, state, and federal government, bear equal responsibility in closing this skills gap. According to the Bureau of Labor Statistics, almost 75 percent of the job growth in the future will come from three occupations: computer and math, healthcare practictioners and technical, and education, training, and library.

Have you assessed the skills and compentencies needed by your workforce now and in the future? Do you know how to bridge that gap?

There is no time to waste. Organizations will be left behind if they can't drive their business strategies forward.

6 comments:

Paul said...

Please repost the link to the whitepaper, it is broken. Thanks.

TD Editorial Staff said...

It should work now. Thanks Paul!

Nevin said...

Nice post.
Thanks for sharing
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Cheryl McNeil said...

Businesses need to keep up with the times and keep their employees learning try Re-allocating funds from other sources to enhance your training initiatives for 2010. Locate extracurricular funds that are not increasing your ROI and Re-allocate them to a worthwhile initiative in training that has been proven to show a return within the first year.

Neo said...

Thanks a lot for sharing the info with us.

Megan said...

Due to the economic downturn, many NE Ohio businesses have seen a tremendous shift in the labor pool. A lot of applicants and new hires are coming from the auto and manufacturing industry, and lack very basic job skills for our positions. However, their ability to transfer some of those skills has allowed them to be somewhat successful. What we look for in potential candidates is fit and their willingness and aptitude to be trained. This makes it easier to bridge the gap and create a more engaged workforce. Also we are looking into web-based sources for training programs and events to help with bridging the gap too.