By Leah Belsky, Chief Enterprise Officer at Coursera
In the face of a global talent shortage, learning and technology leaders are under immense pressure to source the critical skill sets needed to drive business impact. Failure to do so will cost their organizations trillions in the next decade.
Compounding the challenge is the ongoing ‘Great Resignation’, following a worldwide string of record-breaking resignations—as employees call for greater investment in their development. Alongside this, the World Bank has warned of global stagflation and a recession ahead, shifting the focus of talent towards improving performance whilst reducing costs.
What’s more, up to 50% of employers find that the opportunity created by remote global hires is being offset by a parallel rise in competition from abroad, posing the question of whether external hiring is still the most straightforward strategy for closing the skills gap.
The combined effects of these phenomena underscore the case for reskilling and upskilling from within as the single-most sustainable talent strategy. But creating skills transformation programs that deliver business impact is broad and complex. From identifying and forecasting skills gaps to talent matching and delivering an end-to-end learning program, knowing where to start and scaling rapidly can be overwhelming.
That’s why we’re excited to launch Coursera’s new ebook, Evolving Your Talent Strategy: The Urgent Need for Workplace Learning—and How to Execute on It.
This piece is built from the ground up to give learning and technology leaders everything they need to transform their approach to talent and secure the skill sets their organization urgently requires. It’s our new one-stop shop, designed for businesses of all shapes and sizes, to kick-start their journey to upskilling and reskilling their talent from within.
Coursera for Business now provides 3,500 companies worldwide with job-based skills development featuring world-class content, hands-on learning, and the ability to track, measure, and benchmark skills through a single, unified platform. With over 275 university and industry partners, Coursera’s offerings range from over 10,000 bite-sized videos called Clips for “just in time” foundation learning in 5-10 minute chunks to Professional Certificates that can get your employees job-ready in completely new roles and professions in as little as six months.
In the ebook, I’m proud that we’ve set out to share our expertise with learning and technology leaders worldwide to discover:
- The latest on the global skills gap in the current global climate and an analysis of the risk that continuing with business-as-usual talent strategies presents.
- A guide to creating competitive capabilities from within through the process of talent matching—looking beyond traditional talent pools to “build” internal talent pipelines.
- An end-to-end approach to building successful skills development programs that can demonstrate the ROI of upskilling and reskilling, bolstering the case for investment.
- Skill maps that illuminate some of the ways learning leaders can start building a learning program tailored to their needs using various learning formats – from short-form Clips to Courses, Specializations, Certificates, and Degrees.
I’m excited to continue our mission to bring the best learning to every corner of the world by empowering leaders everywhere to transform their talent strategies, delivering the critical skills their businesses need for the rocky road ahead. Download the full ebook here.