For as long as we’ve all been at work, CEOs and boards have referred to people as their “most important asset.” But rarely have they acted in concert with this claim.
As a year of lockdowns, furloughs, and organizational upheaval have demonstrated, this must change. Why? Because organizations remain caught at the nexus of five seismic forces:
- Increasing complexities in business operations and work
- The constant—and constantly accelerating—pace of change
- Unprecedented demographic shifts that are shrinking talent pools and bleeding tacit knowledge out of the organization
- An increasing need for sustainable productivity to create a competitive advantage
- Changing employee expectations around work and the workplace
At the epicenter of these seismic forces is a simple truth: all organizations need to reskill their workforces on a constant basis. They need to become ‘learning organizations’.
Updated for 2021 with fresh insights from around the corporate world (and beyond), this white paper pinpoints the seismic forces that are compelling large organizations to reinvent Learning and Talent with an empathetic eye on their people. It also lists strategic actions required to align executive, HR, and L&D leaders on the shared goal of reskilling the workforce to close the gap between current and future capability—before it’s too late.