This report from the World Economic Forum reveals that 60% of businesses say that skills gaps in the local labour market hold back the transformation of their business – the top barrier globally. The research highlights how a skills-first approach - that focuses on an individual’s skills and competencies for a particular role, rather than how the skills have been acquired - can help employers tackle global skills and talent shortages, adapt to the digital transformation, and get ahead of the green transition. Drawing on an diverse set of Skills First examples, the report offers key takeaways regarding success factors in implementing skills first approaches.
