For talent development, this is no different.The fields of artificial intelligence and talent development have been on a collision course for decades, and their convergence has already occurred. On the horizon, AI-powered innovations are transforming the workplace and the role of the talent development professional, affecting recruiting to training to compensation.
Respondents are fairly split as to how they expect their organizations to perform in five years. Nearly half (46 percent) say their organizations will fare better than most competitors, and equally as many say their organizations will perform about the same as most competitors.
To effectively prepare for the future of work, approach talent strategy with humility, an open mind, and a lot of questions.
Learning leaders need to focus on building skills for the future, rather than just for today. According to LinkedIns 2018 Workplace Learning Reportwhich surveyed 4,000 professionals, including 1,200 talent development professionals and 200 executives around the worldmany executives are already thinking about the skills gaps.
Use boot camps and apprenticeships to address skills gaps. Likewise, research from HR consultancy Randstad Sourceright finds that companies expect to hire extensively in the coming year41 percent will add workers, compared with 32 percent in 2016.
While these concerns are understandable, dont panic. These concerns dont separate automation from augmentationor innovations that create new markets and new opportunities, but will still require humans to be successful.
More education and training are required of a larger number of jobs. According to Pew, more jobs today reward social, communications, and analytical skills, prodding many workers to think about lifetime commitments to retraining and upgrading their skills.
Randstad has developed career-readiness programs for underserved women and teens. We found an opportunity to use our specialized skills to help people in the community in a way that aligns with Randstads mission of shaping the world of workwe work with students and underserved women to prepare them to enter the workforce and achieve financial independence.
Martha Soehren discusses important emerging trends in talent development: generational shifts, technological advances, increasing competition, and skills gaps.
Jacque Burandt discusses the most important trends in talent development: the skills gap and accountability performance.
The Workforce Innovation and Opportunity Act (WIOA), signed into law in 2014, makes approximately $4 billion available for training during each of the next six years. This raises the question: Are you partnering with your local public workforce system to take advantage of training funds that may be available to you?
A new ATD whitepaper offers insight into what it takes to close the skills gap. The skills gap has garnered significant attention in the United States and globally in recent years.