When discussing the issue of the skills gap, the conversation typically revolves around hard technical skills. However, just as there is a notable chasm in the technical field, there exists a substantial soft skills gap. This gap has far-reaching implications and is just as critical, if not more so,…
Addressing the Skills Gap: The Imperative for Organizations to Monitor Continuously
In today’s dynamic business landscape, organizations globally face a persistent challenge – the ‘Skills Gap’. The phenomenon of the skills gap – a disparity between the skills that employers need and the skills that employees possess – is not just a hindrance to organizational growth but poses a significant…
Transitioning from a Resource-Based Economy to a Talent-Driven One: An In-depth Analysis of the Global Economy in the Technology Age
In this new era, the skills and capabilities of the workforce, commonly referred to as “labor talent,” have taken center stage. Technological innovation, coupled with globalization, has given birth to an economy that thrives on a unique resource – human talent. In the past, the value of a nation’s economy…