From geopolitical tensions to the accelerated pace of digital innovation, several powerful forces of change are converging to mount an existential threat to businesses everywhere. Most leaders hear today’s siren calls to reinvent how their workforces operate, but far too many executives are ill-equipped to take action.
With new disruptions always on the horizon, businesses need data-driven insights that will enable them to make smarter, faster, and more proactive talent decisions that are fully aligned with business goals.
Up until now, executives haven’t been able to glean this information in real-time so they can respond accordingly—but that’s all about to change. Our team at Gloat just unveiled Skills Planner and Studio, two groundbreaking solutions that will take strategic talent management and workforce planning to the next level and empower organizations to respond swiftly to whatever challenges come their way.
Change is the only constant: inside today’s disruptive working world
Leaders’ confidence in their organizations’ long-term success is hitting rock bottom, as evidenced by a recent PwC finding that 45% of CEOs believe their organizations won’t be viable in the next decade if they stay on their current paths. While most executives understand that they need to change the way they manage work and talent, a lack of data surrounding existing and future skill needs prevents many leaders from making proactive talent decisions. The report also finds that CEOs perceive enormous inefficiencies across a range of their companies’ routine activities—but are missing out on the intel needed to make tangible improvements.
Many executives look to GenAI as a potential antidote for subpar productivity levels—but without strategic, data-driven upskilling and reskilling pathways, most workforces will fail to use these tools to their full advantage. The World Economic Forum predicts that 60% of the global workforce will need retraining by 2027, meaning companies must start implementing development opportunities before it’s too late. Yet for these training programs to be effective, leaders need in-depth insight into the types of skills their workforces have and need in order to contend with future challenges and the ability to match skilled talent to business-critical work—and this has proven to be a barrier for organizations to adapt to the current pace of change.
Turning disruption into opportunity with Gloat Skills Planner and Studio
GenAI presents both a once-in-a-lifetime challenge and an unprecedented opportunity. It has the potential to automate roles, improve operational efficiencies, and power innovations. However, if leaders fail to keep pace with the disruptive nature of these innovations, the consequences could prove dire: misaligned talent and business priorities, expensive hiring processes, and ultimately loss of competitive advantage.
We believe the best way to stay one step ahead of these seismic changes is by anticipating evolving talent demands and devising plans to counteract them. Driven by our mission to help businesses turn talent challenges into strategic opportunities, we created Skills Planner and Studio to equip leaders with deep insights into workforce capabilities and offer the solutions needed to take immediate action.
What is Skills Planner?
Skills Planner is designed to help organizations visualize skill gaps and skill adjacencies. This AI-powered solution offers a comprehensive view of your organization’s skills and roles, identifies whether specific positions are critical, stable, or at risk, and uncovers optimal talent pools for upskilling into business-critical areas. The benefit? A blueprint for building a future-ready workforce that is equipped to meet evolving business needs.
With Skills Planner, leaders can…
- Visualize skill gaps: Get a clear picture of the gaps between at-risk and critical roles
- Map skill adjacencies: Understand which employees are prime candidates for upskilling or reskilling, reducing reliance on external hires
- Develop talent pipelines: Proactively create a pipeline of talent that can be mobilized out of at-risk roles into critical ones, ensuring your workforce is aligned with strategic business initiatives.
What is Studio?
Once leaders identify emerging skill gaps and talent needs through Skills Planner, they can use Studio to turn these insights into strategic actions. Whether it’s creating upskilling boot camps, onboarding programs, or hackathons, Studio offers the flexibility to build and deploy tailored initiatives that target specific employee groups within the talent marketplace. This helps organizations foster a culture of continuous learning and development, ensuring employees are always equipped to handle future challenges.
With Studio, leaders can…
- Build programs on the fly: Rapidly launch bespoke, targeted talent initiatives within the Gloat Talent Marketplace such as early career programs, lunch and learns, rotational programs, and more
- Personalize learning experiences: Design guided programs with tailored content and activities like videos, mentorships, learning opportunities, critical projects, and more
- Assess talent impact: Gain real-time visibility into program participation and skill development and outcomes, enabling data-driven decisions and hassle-free, in-the-moment program adjustments
A future-ready workforce, powered by Gloat
As the pressure to transform mounts and the stakes rise, leaders must go the extra mile to ensure their organizations are equipped to pivot ahead of the curve. The data-driven insights Skills Planner delivers combined with Studio’s strategic talent activation are the game-changers that will enable businesses to outpace their competitors.
Our Chief Product Officer Danny Shteinberg sums up the unique value these two innovations deliver best, noting, “With Skills Planner and Studio, we are empowering HR leaders to anticipate evolving talent demands, accelerate employee development, and drive agility in a constantly shifting environment. Our goal is to ensure businesses not only adapt to change, but stay ahead of it, fostering a more competitive and resilient workforce.”
Want to learn more about our latest innovations? Find out how Skills Planner and Studio work and get the inside scoop on the value these tools can deliver for your business.