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Fosway Group: Workforce Agility – HR’s role in powering the future of business and work
Business as usual is simply not an option anymore — not for businesses and definitely not for HR teams. As the pace of change accelerates, reinvention is central to survival. And workforce agility is central to reinvention.
While 70% of organizations report significant skills gaps, only 7% have a fully integrated approach linking skills across their people experience. Skills and strategic workforce intelligence are the real powerhouse for workforce agility. Without this intelligence, it’s difficult to seamlessly connect people with new work and emerging roles, resulting in the inability to power workforce agility.
Download this Fosway Group report to learn how to become an intelligence-led HR team and assess your existing software ecosystem to determine if it enables or inhibits workforce agility.
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Lighthouse Research & Advisory: 2024 Workforce Agility Infographic
Rapid technological advancements and unpredictable market dynamics create an incredible challenge for organizations — the workforce readiness gap. The gap — an inability of a workforce to adapt to the pace of change — lowers companies' capacity to identify and develop essential skills, address the evolving development needs of their workforce, and leverage critical employee insights.
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Lighthouse Research & Advisory – The Workforce Readiness Gap: New Data Shows Accelerating Pace of Change Requires Workforce Agility
Workforce agility is a concrete concept tied to workforce behaviors that we can influence, support, and develop. And it has now become mission-critical for top-performing organizations today.
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IDC Research: The Critical Role of Agility and Employee Development for the Future of Work
The fast-paced adoption of automation technologies designed to drive productivity has also amplified the need for agile and continuous upskilling, cross-skilling, and reskilling. According to IDC’s research, only 15% of global leaders can access the required digital skills for all their digital initiatives while 49% also report that employees will need to be reskilled and/or retrained to meet evolving needs.