Job-Skills Insights

3 Reasons Why You Must Leverage on Data to Plan Your Company’s Talent and Skills

by Alex Seo

August 27, 2021

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5 mins read

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Strengthening HR Management Tool


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3 Reasons Why You Must Leverage on Data to Plan Your Company’s Talent and Skills

COVID-19 forced many enterprises to quickly adapt to the new business operating environment and re-think their strategy for workforce planning.

According to the World Economic Forum, http://bit.ly/3bynnwF, enterprises were affected by the rapid acceleration of 3 major forces - deglobalisation, digitalisation and corporate consolidation. This resulted in a unique situation of high unemployment and evolving skill needs. Enterprises are experiencing a pressing situation of skills gap and skills shortage.

HR Guru John Bersin too reminded us that, http://bit.ly/3tbqjp7 HR is going through unprecedented speed of change, which signals the inevitable need for enterprises to take action.

A data-driven approach could be used to support and plan for a future ready workforce, and design a targeted HR strategy, whether in the form of talent development, manpower redeployment, upskilling or re-skilling. Watch SSG’s Feb 2021 Jobs-Skills Webinar https://bit.ly/3cgVPLs for available tools and usage.

Check out data analytics courses for HR professionals eligible under SkillsFuture Credit. https://bit.ly/3qytXaO

 
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Current skills in focus of existing reskilling/upskilling programmes

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Average reskilling needs

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Responses to shifting skill needs




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