How to launch a skills-forward talent strategy

Developing a skills-forward talent strategy can help you unite people?growth?with business success. Cornerstone's guide outlines four key steps involved in this strategy

It’s been said that 2020 brought about three years of digital transformation in three months. Initially, the transformation centred on adapting to the dramatic and sudden changes thrust upon us with the expectation that life would go back to 'normal' soon. However, we know now that this change is far more permanent than many expected.

The world of work has changed forever, and your employees are painfully aware of the effects. Organisational talent leaders have the power to make a difference in the lives of their people.

Developing a skills-forward talent strategy can help you unite people growth with business success. 

Here are four key steps involved in this strategy:

Embed learning into your culture

Learning must be part of who you are as an organisation; that means encouraging the behaviours that lead to success. 68 per cent of employees in high-performing organisations say their employer understands their unique skills and interests compared to 26 per cent in low-performing organisations. 

Help employee identify new skills

Employees need to understand how new skills are applied to the present and future of their organisation and the broader aspects of how it impacts their industry. Enable better conversations about skills with your people. 77 per cent of adults would learn new skills now or completely retrain to improve their future employability.

Let AI do the heavy lifting

The value of AI in the workplace isn’t just about taking over mundane tasks and uncovering statistical trends, it’s about using innovative technology to help your people be better at their jobs and grow in their careers. And in turn, help your organisation uncover better insights about the business, make predictions, and effectively respond to dynamic market changes.

Demonstrate organisational impact

Consider adjusting your organisation’s approach to skill development to reduce barriers and improve outcomes across the future ready workforce. What are the skills you have today and what are the top skills you’ll need in the future to adapt to accelerated change in your market?

Enabling your people to be in the driver’s seat of their own learning, growth, and career helps engage and inspire your people to be the best versions of themselves. Cornerstone powers the future-ready workforce with adaptive HR solutions designed to unite technology, data and content and inspire a work environment of growth, agility and success for all. 

Want to take a deeper-dive into the four steps of a skills-forward strategy? Download the full e-book to learn more.