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Reskilling and Upskilling Employees

"90% of S&P 100 companies are recruiting for the same 37 roles."             —Gartner

According to the World Economic Forum Future of Jobs Report 2018, over the next five years, 78 million jobs will be lost and 133 million jobs will be created as we move from a “job” market to a “skills” market with the evolution of artificial intelligence, big data, blockchain verification, the gig economy, video AI and facial recognition, and virtual reality.

"74% of high potential employees indicated they would join an organization for better career development opportunities." – IBM

I had the opportunity to meet with Sunita Navile, Global Offering Go-to-Market Strategy Leader for Watson Talent and Kenexa during the Skillsoft Perspectives 2019 user conference.

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Do You Have These Four Power Skills?

A very interesting roundtable discussion at Skillsoft's Perspectives 2019 user conference. The discussion was hosted by Ron Hovsepian, Executive Chairman, Skillsoft. Participants included Xi Xi Jia, Global Head of Learning and Development CoE, RELX Group, Heber Sambucetti, V.P. Learning and Development, Accenture, and Jennifer Rinck, V.P. Learning, Hilton.

They discussed how learning is a critical part of each organization given the need to attract, keep, and reskill employees. RELX, the parent of Reed Elsevier, Lexis Nexis and more, has 30,000 globally distributed employees in 40 countries. Accenture has gone from 40,000 to 275,000 employees in the past five years and has 40,000 employees participating in their Skillpoint learning portal every month. Hilton has 17 brands and 400,000 employees and uses curated, global content to train employees worldwide. All three are delivering learning to team members on a continuous basis with compliance and inclusion being a big issue.