2 out of 3 people in the workforce in developing countries lag behind in at least one of these three skills. The educational institutions are lagging behind in most of these countries. That means having a degree is no guarantee of employability. The skills required to do most jobs are evolving quickly. The employers in every country need to invest in upskilling, reskilling, and deep-skilling the employees on a continuous basis.
People are the greatest competitive advantage. Yet most companies struggle to recruit, train and retain capable workers. Nothing seemed to have changed since 2008. Here is what NYTimes found in 2008"Managers surveyed by the firm blamed everything from short-term financial pressures — which keep them from investing in talent development — to less-than-capable human resource departments for the persistence of the problem."
Advertising agencies are judged on two parameters. The clients evaluate them on the impact they had on the additional sales and trust in the brand. The peers compete on the number of awards won. The industry judges the agency on the thought leadership and breakthrough thinking. The senior leaders are judged on the number of awards the team members have won under their leadership. If work is going to be all about creative output, maybe it is time for performance management to be designed along with people who have figured out how to evaluate and nurture creativity – the mad men.
Joshua shares his business secrets. Try out BOLD ideas. Don't crave for every idea to get mass approval. You will never disrupt yourself if you are truly doing something new and original. Like Salvador Dali ...
We often ask children what they want to be when they grow up. 85 per cent of the jobs that will exist in 2030 haven't even been invented yet. There were no jobs called Data Scientist, YouTube star, Sports Psychologists, even a few years back. The educational institutions have to stop being credentialing machines. My take on the Adobe Education Leaders Seminar 2019 ...
“Personality is related to every meaningful individual difference. Scientifically validated personality assessments can predict substance use and abuse, longevity, relationship satisfaction, job performance, criminality, and occupational choice, just to list a few examples. Beyond these applications, well-validated personality assessments provide individuals with insights into their own motives, reputations and destructive behaviours, many of which they may not be aware.
In APAC, 59 percent of respondents said they have hired for a specific skill set even if there is not an existing role for the candidate. 78 percent said they’re hiring for roles today that didn’t even exist a year ago. Twelve months from now, there will be 3 million jobs in finance and business services. How do you hire for a job that does not exist yet.
Technology is a tool to solve the business vision. Start by asking why you are doing this. If the discussion is about features and costs, then the project is about cost saving and not employee experience. Ask yourself what are you trying to achieve. Why are you doing this. Having that clarity within the sponsor team or CEO/CHRO is a good sign.
