Companies that are using this current moment to upskill and reskill workers so that they can adapt to the new normal are most likely to be successful once the crisis passes.
A future skills framework takes that one step further to identify emerging skills and help enterprises build new capabilities, as well as guide them on how to create comprehensive training roadmaps.
Candidates used to find jobs based on the institutions they attended and the social networks they developed, but skills are the new metric for assessment.
Enterprises must know the state of play in their workforces well so that they can provide employees with the appropriate training and upskilling opportunities to continuously succeed in their jobs.
The pace of change in skills, regardless of the line of work, is so rapid today that workers must constantly retrain and upskill to make sure they stay at the top of their game.
Skills ontology is a categorization of skills that builds a common language of skills, defining the aspects of a specific job rather than relying on blanket terms and vague descriptions.