In a fast changing world, talent development is a business imperative.
In a business climate defined by relentless disruption, economic uncertainty and technological change, arming your workforce with the skills and capabilities to adapt to the need for near-constant reinvention is critical. Done well, talent development and retention acts as a strategic lever during such volatile times, powering recruitment, boosting retention, driving innovation and creating value.
For today’s CEOs, the stakes on talent are high and sharp. Companies increasingly need “bilingual” workforces, by which we mean the workforces are able to fluently navigate both business and technology, equipped with traditional skills but also conversant in areas like AI, engineering and analytics. Meanwhile, demographic trends, such as a declining birth rate and longer lifespans, along with rising higher education costs are requiring companies to take an even more active role in worker learning and development…