Skillsoft, a leader in transformative learning experiences, has released research that highlights the current state of workplace skills and talent development programs. Surveying 2,500 full-time employees from the U.S., U.K., Germany, and India, the findings underscore concerns around skill gaps and job security, as well as the growing demand for leadership and AI/machine learning skills.
- Key Findings on Workplace Skills:
- 35% of employees lack confidence in their skills for succeeding in their roles.
- 41% express concerns about job security due to skill gaps.
- Leadership skills are rated as the most critical, followed by soft skills, technology, and AI/machine learning.
- Leadership and AI Skills in Demand:
- While leadership skills are highly valued, 31% of employees cite it as their largest skill gap.
- 43% say their biggest shortcoming lies in AI/machine learning skills, critical for today’s tech-driven workplaces.
- Ineffective Talent Development Programs:
- Although 95% of organizations have talent development programs, only 25% of employees find them highly effective.
- Major obstacles include lack of time (42%), poor learning formats (30%), and insufficient leadership support (26%).
- Blended Learning Solutions Preferred:
- Employees seek a combination of online, on-demand courses (39%), interactive opportunities (37%), and live, instructor-led training (37%) for skill-building.
- A multimodal approach that includes hands-on practice can improve job performance and boost confidence in emerging technologies like GenAI.
- Gaps in AI and Leadership Training:
- 62% of respondents feel their organization’s AI training program is average or poor.
- Only 28% find their leadership skills training to be excellent, while 31% rate soft skills training similarly.
- Transition to Skills-Based Talent Development:
- 82% of respondents say their organizations are beginning to transition to a skills-based model.
- Common steps include offering skill-based learning paths (28%) and performing skill gap analyses (16%).
- However, only 19% of employees receive regular skill assessments, which are vital for the success of skills-based strategies.
Skill gaps are evident in today’s workplace, particularly in leadership and AI skills. To drive workforce agility and performance, organizations must adopt blended, skills-based talent development programs that link competencies directly to business objectives.