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Improved job prospects, new skill requirements, and shifting employee expectations all pose a threat to the availability of critical skills and capabilities. To address the skills gaps that threaten their organization, HR leaders must employ the right mix of talent strategies. For more detail visit: https://bit.ly/3Em0WXa
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Talent Strategies to Fill Skill Gaps
Upskill: Enhance existing or adjacent skills.
Reskill: Develop new skills to transition from an out-of-date skill set to an in-demand one.
Outsource: Pay external partners on a contingent or contractual basis to perform skills.
Use rotations or temporary assignments: Transfer existing employees with needed skills to new roles or teams on a short-term, time-bound basis.
Automate: Create or purchase technology to supplement skills.
Redeploy: Transfer existing employees with the necessary skills to new roles or teams.
Redesign work: Change the structure, workflows, role designs, and networks so that existing (or accessible) talent can perform work that requires needed skills more effectively.