Putting Skills to Work as an Executive
Skills are everywhere. They always have been, but now we have the technology and know-how to leverage the data and make actionable business decisions. Thus, skills-based strategies and skills-based organizations began rising in popularity.
But when it comes to tracking, analyzing, and growing the skills across your business, leaders have a different role than mid-level HR, L&D, and talent professionals. What you do with skills today can determine your business success tomorrow.
In this guide, we’ll give you the need-to-know context for the transition, along with steps to make skills work for your business—in more ways than one. Expect a quick-hit read that includes:
- Research on skills-based approaches and why it matters
- Steps with a succinct bottom line on what to do and why
- Checklists that outline your role in prioritizing skill strategies
Based on takeaways from the five-part Putting Skills to Work at Ericsson masterclass, led by Ericsson CLO Vidya Krishnan and Head of Global Learning Ecosystem Peter Sheppard.
Why skills?
According to 2022 research from Deloitte, skills-based organizations are:
107%
more likely to place talent effectively
98%
more likely to retain top performers
52%
more likely to innovate
57%
more likely to anticipate change and respond efficiently and effectively