Challenging economic conditions coupled with the race to harness the possibilities of Generative AI are ramping up the pressure on costs and productivity for today's organisations. This new environment is accelerating the need for digital transformation and creating immediate and large-scale workforce and skills challenges.
Automation, data analysis, artificial intelligence (AI) and other emerging technologies can deliver productivity. But technology is only as good as the leaders who identify its opportunities, the technologists who deliver it and the people who work with it every day. That’s where some companies are coming up short: the right mix of skilled and adaptable people, aligned to the right culture and with the right mindset and behaviours can help power their business.
Many leaders are finding that their existing upskilling efforts are not fit for purpose: programmes don’t deliver the return on investment (ROI) organisations want or the change they need. It’s a problem that should be solved urgently.
Employers who make good-faith efforts to upskill their people build trust - and that in turn can enhance the organisation’s reputation in a world where trust is an increasingly valuable commodity. Business leaders are in the spotlight.
In this short documentary, academics, NGOs, policymakers and business leaders explain why upskilling for a digital world has become a priority for society, organisations and governments.
"There is an upskilling dividend benefiting companies as they face an uncertain economy and rapidly expanding technological possibilities. Retaining the right talented people and enhancing their skills can help them survive today's challenges and drives competitive advantage in the future."
Assess current and future business needs. Identify the size and nature of an organisation’s skills gaps and mismatches, where to start and what to prioritise.
PwC's Carol Stubbings and Bhushan Sethi discuss workforce strategy and the importance of scenario planning, future skills planning and making the most of tech investments so they have a workforce fit for the future of work.
PwC and UNICEF have launched a global, strategic collaboration to upskill young people around the world.
PwC's Carol Stubbings at the World Economic Forum 2020, in Davos, talks about the importance of upskilling everyone everywhere for a digital world so the number of people excluded from the digital economy doesn't get bigger. And why we must work collectively to do this.
PwC partners, Carol Stubbings and Ben Higgin discuss the challenge for organisations and people to upskill for a digital world.
A skills-first approach can help build efficient and equitable labour markets
Recurrent problems that reduce productivity spiked in the remote working world. Here are four ways to ensure creative juices keep flowing, whatever the working environment.
An industry that has lagged in talent development faces a significant challenge to keep competitive. Here are three no-regrets moves that will help bridge the skills gap.
A new study finds that VR-led soft-skills training can be engaging, fast, and cost-effective.
