Corporate America faces an acute shortage of skilled workers to fill vital jobs. That may explain why companies like Amazon and Google have begun upskilling and reskilling their current employees rather than trusting that incoming college graduates will be capable of the tasks at hand. But for businesses unaccustomed to teaching new capabilities, this may itself prove…
A report by McKinsey indicates that 62 percent of executives believe they will need to either replace or retrain a quarter or more of their staff within the next five years. Though digitization and automation are often assumed to be good for firms’ bottom lines, in practice, many organizations face a shortage of employees with the skills needed to…