COVID-19 Is Accelerating the Skills Gap and Employers Aren’t Helping, Finds Study

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Over the last decade, experts have been trying to prepare HR professionals for the challenges brought on by the digital revolution. Despite years to get ready, COVID-19 forced reluctant HR pros into the virtual space and new research is revealing just how ill-prepared everyone was for the fourth industrial revolution.

A new IBM Institute for Business Value (IBV) study reveals less than 4 in 10 HR executives surveyed report they have the skills needed to achieve their enterprise strategy. Pre-pandemic IBM research in 2018 found as many as 120 million workers surveyed in the world’s 12 largest economies may need to be retrained or reskilled because of AI and automation in the next 3 years.

Inadequate Skills for Success

That challenge has only been exacerbated in the midst of the COVID-19 pandemic—as many C-suite leaders accelerate digital transformation, they report inadequate skills as one of their biggest hurdles to progress.

Ongoing IBM consumer research also shows. . .

Source: HR Daily Advisor

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