Webinar: How to Activate a Skill-Based Workforce Approach

Developing a skills-based approach is becoming increasingly important for executives, considering  Deloitte found 98% of business executives say they plan on moving to a skills-based approach, and over 20% of organizations are making major changes to align with this approach. In December 2022, Talent Tech Labs hosted a webinar on this exciting topic of skill-based workforce development with Rana Fatima, Talent Management Research Analyst at TTL, and Scott Hunter, VP of Sales at TTL. 

Rana Fatima and Scott Hunter of @TalentTechLabs hosted an intriguing webinar (regarding skill-based workforce approaches. Find out more in TTL’s recent blog: Share on X

Webinar Highlights

Rana Fatima and Scott Hunter take the opportunity in this webinar to unpack the methodologies necessary for a successful skill-first workforce approach.


 

 

 

Agenda

  • The Journey to a Skill-Based Approach
  • Common Challenges with Skills-Based Approaches
  • An Introduction to Skills
  • An Ideal Skills Strategy
  • The Checklist
  • Vendor Considerations
  • How does TTL help?


 

 

 

Their enlightening and productive conversation provides the audience with: 

  • Insights from industry experts on leveraging your technology in new ways
  • Knowledge of new strategies for creating a workforce built for change
  • An understanding of the evolution of internal talent marketplaces
  • Helpful guidance for gaining internal buy-in


TTL’s on-demand webinar about skill-based workforce gives you the tools you need to understand new strategies for creating a workforce built for change. Find out more in @TalentTechLabs’ blog: Share on X

 

 

 

Skill-Based Workforce Development Stats

  • 87% of professionals see skills gaps in their company. (Source)
  • 64% of companies agree that skills testing initiates faster candidate screening. (Source)
  • Companies that follow skill-based workforce development practices experience a 1% to 2% increase in revenue for every 10% increase in intersectional gender equity. (Source)
  • 82% of companies use some form of the pre-employment assessment test. (Source)
  • Companies using pre-employment skills assessments report a 39% lower turnover. (Source)
  • 77% of business executives agree their organization should help their workers become more employable with relevant skills. (Source)
  • Only 5% of executives strongly agree they are investing enough in helping people learn new skills to keep up with the changing world of work. (Source)
  • Only 14% of business executives strongly agree that their organization is using the workforce’s skills and capabilities to their fullest potential. (Source)
  • 75% of executives and workers alike say skills-based pay and transparency regarding what skills are worth would be a positive development. (Source)
  • 93% of employers term soft skills as either “very important” or “essential.” (Source)
  • 55% of CFOs agreed that the greatest challenge of hiring professionals in accountancy is how to choose a candidate with the right soft skills. (Source)
  • Only 31% of employers actually provide soft skill development training to their employees. (Source)