Aberdeen Group, with the support of support of relevant data, discuss the challenges faced by organisations in managing their existing workforce to bridge the skills gap in their report titled, “Bridging the Skills Gap – Taking the Internal Approach” published in October 2016.
Overall, Aberdeen Group’s report highlights:
- ‘23% of best in class organisations are focussing on hiring roughly equal amounts of employees internally as externally’
- ‘Best in class companies are 32% more likely than all others to use assessments to establish high quality talent criteria’
- ‘58% of organisations feel like the skills gap is depreciating workforce quality’
- ‘78% of best in class companies see low levels of innovation as a top pressure facing organisations’
- ‘71% of employees at best in class companies stay because they can chart a career track’
- ‘Best in class companies are 56% more likely than others to engage wellness solutions to manage employee health with regards to outcome levels’
Ultimately, this insightful report concludes that overcoming the skills gap comes down to strategic workforce planning and discusses how employing workforce analytics can accurately inform investment in specific areas of the workforce.
The full report can be viewed here.