At a recent convention of the World Economic Forum (WEF), business leaders stated how retaining the human capital has become doubly critical in the ongoing digital age. A clear talent gap needs to be filled in technological positions by most organizations. Adequate corporate training needs to be provided to most of the present employee strength. While this war for talent is not new, the workforce is changing so the existing personnel need the additional training. According to this WEF report, two-thirds of children growing up today will be in jobs that are non-existent today. About three-fifths of existing professionals lack the necessary skills. This is true across industries. Four-fifths of digital leaders are exploring newer ways of working. 57% of present jobs are at risk of not surviving due to automation. Lifelong employability has now become the buzzword, away from the security of lifelong employment as was the case earlier.

Source:https://www.bain.com/insights/building-a-workforce-for-digital/

Uploaded Date:26 September 2018