The global skills shortage has been well documented over the last few years, and more and more companies are now realising they can’t possibly hire all the new skills they need.
Developing the talent they already have.
According to a recent study by KPMG, 66% of executives are prioritising upskilling their people to manage the impact of AI (and related technologies) on the workforce.
This approach to recruiting is not only faster and cheaper, it also builds a strong internal culture that sends a clear message that hard work is rewarded, further boosting your organisation’s attractiveness to potential recruits.
A strategic performance management and training program, backed by intuitive technology, is essential for this approach to work. An integrated HR platform will enable you to proactively build succession plans by providing high-performing employees with a clearly defined career path.
This will not only strengthen your internal talent pipeline, it will also help you hit your broader organisational goals.