And this skills gap will likely only get worse with time as these businesses evolve over the years and new skillsets become essential.
Enter skills development – the maybe not-so-obvious choice – and the opportunity to upskill, reskill and cross-skill existing employees to create the ultimate workplace dream team. Recruiting new employees from the outside is a costly and time-consuming effort, so hiring from within – by identifying employees to “hire” for open positions – will save a company those headaches and preserve their bottom line.
Closing the skills gap through skills development creates three opportunities for organizations:
CYPHER Learning’s new eBook - “Close the Talent Skills Gap to Open Up Big Opportunities” – discusses these three massive opportunities in depth.
It outlines the problems employers are facing and what can be done to remediate the situation – from implementing a holistic skills development strategy that encompasses a flexible and user-centric training program, to capitalizing on the “quiet hiring” trend to fill vacant positions, and more.