Globally, only 20% of employees have the skills needed both for their current roles and future careers as predicted by Gartner. To remain competitive in an increasingly digital world, organizations need to develop macro and micro talent development strategies.
Tomorrow’s most in-demand skills
GROWING DEMAND FOR:
- Leadership
- Communication & negotiation
- Critical Thinking
- Entrepreneurship
- Adaptability
- Interpersonal and empathy
According to McKinsey’s study Skill shift: Automation and the future of the workforce tomorrow’s most in-demand skills are technological, social and emotional skills. It is not surprising that physical, manual and basic cognitive skills will be needed less.
But what does this mean for the Asia-Pacific region specifically?
The study “Agility & Ability- to enable business growth” focuses on the above-mentioned skill “Adaptability”.
Results indicate that 2 in 3 businesses in APAC are not prepared to quickly adapt their employees’ capabilities to meet urgent business needs. Are you one of them?
Workforce agility is an organisation's ability to swiftly adapt its workforce capabilities to the peaks and troughs of highly uncertain business environments and strengthen their resilience amidst emerging disruptions.
The study presents four major business trends for the Asia-Pacific Region which will make Agility the most important differentiator between companies that will thrive in highly-uncertain business environments and those that will sink.
I compiled for you a quick overview of four business trends with findings in a regional breakdown.
- Automation
2. Workers changing preferences
3. The Contingent Workforce
4. HR of the Future
But how to attract and retain the most in-demand talents? One size does not fit all.
It is important to understand and respond to the different value setups of your multi-generational workforce. Benefits that excites a Millennial might not go well with your Generation X employee. One size does not fit all! Get a quick overview of benefits for Baby boomers, Generation X and Millennials.
HRM Asia provided a good overview of the different expectations, values and priorities of the three working generations which I visualized for you here:
About Timeo-Performance
We were founded with a vision to improve the world of work for everyone
We are in the Skills Business!
Through recruitment, training and consulting, Timeo-Performance provides solutions for increased performance of companies, teams, and individuals. As our clients are in the center of global business and often serve the APAC region, our solutions need to be sustainable in a multicultural and remote context.
Our joint venture with Akteos, the European leader in intercultural training, and partnership with digital learning solutions provider CrossKnowledge have therefore been organic and logical additions to our service. Timeo-Performance has been helping companies in APAC increase business performance since 2008 with offices in Singapore, Malaysia, and Hong Kong.
We love what we do, feel the Timeo-Performance experience!
As busy professionals, our schedules are often filled to the brim with meetings and tasks to complete. We can get so caught up with work that we might even forget our all-important lunch and power through dinner as well. Alas, we can only do so much given the 24 hours we have in a day. While time management is vital, being productive is another matter in its entirety.Enter time batching.
