Closing the Talent Skills Gap - Attract, Retain and Grow vs. Fire and Hire
We are in a capabilities crisis. 87% of companies are either currently experiencing a skills gap or expect to in the next few years. In this session, Moses and Heather will discuss the value of continuous learning through upskilling and apprenticeship to both retain talent and ensure a future-ready talent pool. They’ll provide implementable ways for businesses to build capabilities at scale.
Learning Objectives:
Understanding the impact of today's talent gap: Today's talent gaps leave a lasting impact on a business that can be hard to overcome with mounting pressures to perform at high levels. A recent Korn Ferry study shows that by 2023 there will be a global human talent shortage of more than 85 million people. That talent shortage could result in roughly $8.5 trillion in unrealized annual revenues. The pace of technological change is only increasing, and if employees aren't able to adapt to new technologies and shifting consumer demand, their employers risk falling behind. The audience will leave with an understanding of why upskilling is so critical for their companies. How to cater to employee upskilling needs: Employees have the desire to upskill in order to advance their personal and professional careers. Gallup found that a perceived lack of growth opportunities is the top reason employees leave their jobs, and a PWC survey showed 77% of employees want to develop additional skills to keep their options open. Upskilling is a win-win solution for employees and employers alike, and attendees will leave the session with tactical ways to implement learning and development opportunities at their organizations that will help increase employee engagement. Ways to maximize and unlock potential: Upskilling efforts need to be targeted and aligned with both the company's and employees' needs to provide a strong ROI. While some employees may find value in generalized content libraries or other low-cost options, more find the ability to accelerate their growth through programs contextualized for the specific needs of the company and industry. The audience will leave understanding the different format options available when it comes to upskilling courses and how to choose which best fits their organization.
In-person session offerings are on a first-come, first-served basis.
To view all event accessibility & accommodations details visit here.
If a speaker has provided session materials, please visit https://presentations.shrm.org
Heather Stefanski
Heather Stefanski is the Chief Learning and Development Officer at McKinsey & Company where she is responsible for Learning & Development for 45,000+ colleagues globally. She built McKinsey’s Talent Management capability and she is currently leading the work to pivot the firm to a skills-focused development culture.
Throughout the past 19 years at McKinsey, Heather has held a broad range of People roles, including talent acquisition, professional development, and learning.
Prior to her People roles, Heather was a McKinsey consultant serving clients on various operational topics such as procurement, product development and supply chain.
Heather has an MBA and an MA in Education from Stanford University, and a BS in Engineering and Operations Research from Princeton University.
Moses Berkowitz
Moses Berkowitz is the Vice President of Enterprise Business and Workforce Development in the Americas. Emeritus is committed to teaching the skills of the future by making high-quality education accessible and affordable to individuals, companies, and governments around the world. It does this by collaborating with more than 70 top-tier universities like MIT, Columbia, Wharton, IESE, and Cambridge across the United States, Europe, Latin America, Southeast Asia, India and China. Emeritus’ short courses, degree programs, professional certificates, and senior executive programs help individuals learn new skills and transform their lives, companies, and organizations. Prior to joining Emeritus Moses spent over a decade with GLG, the world's leading b2b platform connecting professionals with insights and expertise, where he was most recently SVP and Head of New Business Development. Moses graduated from Columbia Business School in 2013 and Hamilton College in 2006. Moses lives in Fairfield, CT, with his wife and three children.