Professional Documents
Culture Documents
The Urgent Need For Workplace Learning
The Urgent Need For Workplace Learning
3
Trends and challenges shaping Companies must urgently rethink their approach to securing the
skill sets necessary for digital transformation. Failure to do so will
today’s global workforce collectively cost those organizations trillions.
In the US alone, the skills gap will cost the economy $1.2 trillion in the next decade,1 The combined effects of the acute skills shortage, ‘Great Resignation’ and a
while in the UK, businesses are already spending £6.6bn each year2 on short-term potential recession ahead, underscore the case for reskilling from within as the
fixes, underpinned by inflated salaries and temporary staff. single-most sustainable talent strategy.
Compounding this challenge is the ongoing ‘Great Resignation’. Despite the current Through the lenses of five in-demand skill sets—web development, machine
economic climate,3 one in five workers plans to quit their job in 2022,4 following learning, database software, cloud computing, and mobile development—we
a string of record-breaking resignation levels around the world. In this context, explore why shaping more innovative, competitive businesses from within is more
organizations must invest in employees and demonstrate the value their business important than ever.
places on development, boosting retention and engagement.
And given that only 3% of today’s organizations6 at present always achieve their
What’s more, with the World Bank5 warning of global stagflation and a recession, desired objectives and business impact with their learning programs, we also
reskilling offers a way to retain talent that could otherwise be threatened with provide a guide for how learning and technology leaders can succeed in their
redundancies by moving them to more urgent business roles. And for organizations mission to transform their business through bespoke skills transformation tactics.
that have announced hiring freezes, reskilling also offers a cost-efficient route to
continue closing skill gaps.
5
Looking beyond
traditional talent pools
Roles that command in-demand skills
Learning and technology leaders must take rapid action to tackle the skills Web development Cloud Computing
shortage facing their organizations at present, and subsequently unlock the • Back-End Web Developer • Cloud Security Architect
innovation those skills enable. • Full Stack Developer • Cloud Security Engineer
• Object-Oriented Programmer
In Coursera’s Global Skills Report,7 leaders can discover potential skills shortages
• Front-End Web Developer
locally and globally, from Coursera data covering over 100 million learners. They
can use this with an eye to tapping into global talent pools, and to forecast gaps
before they impact their business. Machine learning Mobile Development
• Machine Learning Engineer • Mobile Software Engineer
While no two business have identical needs, a survey of over 18,000 developers8 • Computer Vision Engineer • iOS Developer
and 4,000 recruiters from 131 countries reveals that five of the most in-demand • TensorFlow Developer • Android Developer
tech skill sets today are:
1. Web development Databases
4. Cloud computing
• Data Analyst
2. Machine learning
5. Mobile development • Data Scientist
3. Database software • Data Engineer
Using Coursera’s Global Skills Report, below we explore the skills proficiency Cutting-edge
75-100%
levels recorded for the five skill sets identified: web development, cloud
computing, machine learning, mobile development, and databases, to gain a Competitive
clearer picture of the state of skills around the world. 50-75%
Machine Learning
France Germany United Kingdom United States Australia India Mexico Saudi Arabia
Australia United States United Kingdom Germany Saudi Arabia India Mexico France
Cloud Computing
France Mexico Australia Germany India United Kingdom United States Saudi Arabia
Mobile Development
Germany United States Mexico France United Kingdom India Saudi Arabia Australia
France Australia Mexico United Kingdom Germany India United States Saudi Arabia
The proficiency levels for these skill sets vary significantly in every market.
The increase in remote work in the wake of the pandemic spurred optimism that the skills shortage could be offset by
access to a wider talent pool.9 Yet for many in-demand skills, the talent pool, even at a global scale, is not sufficient to meet
business demands.
This missing talent poses the bigger question of whether, at a time of unprecedented uncertainty like today’s, taking a traditional
response to closing the talent gap—external hiring—is still the most feasible business strategy.
10
The skills shortage is a
global challenge What’s making it difficult to recruit workers?
According to research from Mercer,10 as the “Great Resignation” continues, remote work hasn’t
actually made hiring any easier. When employer’s were asked, “What’s making it difficult to
As demonstrated in the previous section, the current skills shortage is felt recruit workers?” here’s what they had to say:
globally, and the opportunity created by remote global hires is offset by a parallel
57%
rise in competition for those people. In other words, if talent can work from
anywhere, they can be hired by anyone, too.
Inability to find the right skills at the right price in the market
Digging deeper into budgets and aggressively pursuing hires may only address
the problem in the short-term, and be too resource-intensive, given today’s state
50%
of skills. It doesn’t solve the underlying lack of skills.
The global challenge of skills shortages requires a more strategic approach. New competitors for talent, given flexible working practices of companies
outside of normal geographic scope
48%
Fewer qualified employees available to hire
Explained through the lenses of the five skill sets selected, among the most
expensive roles to hire in tech today are:14 enterprise cloud architects, security
Deep Deep Deep Deep
architects and data scientists; all of which require at least one of the five in- expertise expertise expertise expertise
demand skill sets earlier identified—database, cloud computing and more.
Age Age
25 75 25 75
Source: Nick van Dam, Learn or Lose, Breukelen, Netherlands: Nyenrode Publishing, November 2016
highest value moves to make. To tackle this, learning programs should offer a mix of learning formats, suited to
different skill requirements, learning abilities, and time constraints. For example,
programs might include shorter-form content, hands-on learning, and specialist
courses. This enables learning and technology leaders to flex around employees’
busy schedules while also maximizing engagement in learning.
McKinsey & Company,
Managing Tech Transformation, May 2022
Degrees
Your employees have the ability to choose from a wide variety of online Master’s and Bachelor’s programs to elevate their
careers to the next level.
15
Matching existing talent to internal
skill gaps
How Coursera fast-tracks talent-matching
Building an internal strategy for reskilling requires aligning existing talent with LevelSets evaluate skills proficiency, with bite-size assessments quickly revealing an individual’s
the skill gaps that need to be plugged in order to create the most value. This proficiency in specific tech skills and providing content recommendations to maximize learning.
In doing so, businesses can target upskilling and employees can focus on leveling up their
process of ‘talent-matching’ helps organize a business’s learning program, fast-
existing skills.
track results, and ensures existing skills are maximized.
SkillSets offer job-based learning programs that target skill proficiencies like databases, machine
The process of “talent matching”—particularly at scale—can be challenging. learning, web development and many more. These help learning leaders to rapidly reskill or
upskill employees for in-demand roles.
Coursera helps organizations in their talent matching process in several ways.
Academies feature the most relevant SkillSets to make deploying a job-based learning program
even simpler. The Tech Academy, for example, provides a complete skill development solution
for technology teams, with beginner, intermediate, and advanced learning options across over 80
different SkillSets.
Skills Dashboards provide insights into how a learning program is performing, by tracking both
technical and human skills—including business, data, and technology—across four proficiency
levels. Learning leaders can easily identify where individuals are excelling or struggling, and
match them with additional relevant learning.
Bartosz Zieleznik,
Head of Online Learning at Prosus
Talent matching also enables organizations to tap into existing talent pools Career academy from Coursera: become a career
in new ways. Workers of frontline-heavy organizations account for 80% of the
global workforce, or 2 billion people.17 Traditionally, workers in these jobs face
destination for frontline workers
low wages and poor benefits, meaning insecure employment and high turnover.
Yet over 60% of frontline workers18 in the US alone say the prospect of upward • Enable incoming frontline talent to build in-demand skills associated with higher mobility—
from web development to data analysis—with flexible, compact and job-relevant professional
mobility would be the chief reason to join an organization and stay there. By
certification
matching this vast pool of talent to relevant learning, organizations can plug skill
gaps, provide a pathway to economic mobility for employees, and show that • Leverage the power of leading industry brands—including Google, Salesforce, and IBM——to
engage employees with career development
costly churn is not inevitable in frontline-heavy industries.
• Train your team on the latest technologies with Guided Projects
The bottom line: long-term upskilling and reskilling strategies are the best
solution to overcome the talent shortages. Macroeconomic disruption and • Track, measure and benchmark your team’s skill development with the Skills Dashboard to
technological acceleration will only exacerbate the urgency. make reporting on the ROI of learning easier
By unleashing the potential of existing talent and building a highly-skilled and • Accelerate internal mobility with features for employees to easily showcase their skills,
credentials, and project portfolios
highly-engaged workforce, businesses can deliver on digital transformation
goals and achieve ambitious business objectives, even in turbulent times.
19
Designing a learning program for a To demonstrate the ROI of learning, leaders must build programs that set the
business up for success from start to finish, addressing any lingering reservations
successful talent strategy on behalf of employees or senior stakeholders. The best way to do this is to make
sure there is a clear, end-to-end approach to skills development.
22
Essential skills map for machine learning
The skills map below shows the different building blocks that can make up an employee’s learning journey to machine learning
expertise, from bite-size Clips to certifications.
Examples:
Teach a tool • Unsupervised Machine Learning for Customer Market Segmentation (Beginner)
Guided Projects
< 2 hours • Tweet Emotion Recognition with TensorFlow (Intermediate & Advanced)
The skills map below shows the different building blocks that can make up an employee’s learning journey to web development
expertise, from bite-size Clips to certifications.
Examples:
The skills map below shows the different building blocks that can make up an employee’s learning journey to database expertise,
from bite-size Clips to certifications.
Examples:
The skills map below shows the different building blocks that can make up an employee’s learning journey to cloud computing
expertise, from bite-size Clips to certifications.
Examples:
Get them job ready • IBM Full Stack Software Developer Professional Certificate (Beginner)
Certificates
3-12 months • Preparing for Google Cloud Certification: Cloud Architect (Intermediate & Advanced)
The skills map below shows the different building blocks that can make up an employee’s learning journey to mobile
development expertise, from bite-size Clips to certifications.
Examples:
Teach a lesson
Clips
5-10 minutes
• Java: Classes and Objects, an overview (Beginner)
Teach a tool • Android Programming for Beginners - A simple BMI calculator (Beginner)
Guided Projects
< 2 hours • Intermediate Object-Oriented Programming with Java (Intermediate & Advanced)
The Skills Dashboard for machine learning mastery below showcases how learners at one company are
progressing skill development within the machine learning competency over time. Leaders can see how many Why is tracking the ROI
employees have reached the intermediate and advanced levels of mastery over time in skills such as applied
of learning in real-time
machine learning, deep learning, and machine learning algorithms.
important?
• See if your learners are mastering the skills
they need
29
Securing the skills your
business needs
Macroeconomic risks are looming, and the current skills gap is felt globally— While in this paper, some of the guidance is framed around five specific in-
acute shortages can be identified across different markets. Specific sectors, demand skill sets, the processes outlined are universal and can be used by
regions and businesses face unique challenges. These should be addressed learning leaders to build any range of programs.
through targeted development programs. What is ubiquitous is the pressure
Ultimately, by investing in learning holistically, businesses will gain the skills
caused by skills shortages and the urgency to relieve it.
to power the innovation necessary to drive competitive advantage in an era of
Approaching this problem by outsourcing skills, or chasing talent on the open macroeconomic uncertainty.
market, are resource-intensive paths with unreliable results. Learning and
technology leaders must instead commit to internal reskilling and upskilling
through a clear end-to-end approach and long-term strategy.
Trends and challenges shaping today’s global workforce Creating competitive capabilities from within
1. American Action Forum, ‘Projecting Future Skill Shortages Through 2029’, (2019) 10. Mercer, ‘The truth about what employees want’, (2021)
2. Open University, ‘Employer webinar: Embracing a changing skills landscape’, (N/A) 11. The Undercover Recruiter, ‘The True Costs of a New Hire in the UK’ (N/A)
3. BBC, ‘World Bank warns of recession risk due to Ukraine war’, (2022) 12. LinkedIn, ‘Can you wait 49 days? Why getting hired takes so long in engineering’, (2021)
4. World Economic Forum, ‘The Great Resignation is Not Over’, (2022) 13. Workable, ‘How to calculate and reduce new hire turnover rate’ (N/A)
5. World Bank, ‘Slowing Growth and the Risk of Stagflation’, (2022) 14. Stack Overflow, ‘The three top-paying tech roles in 2022 and the skills you need to land them’ (2022)
6. McKinsey, ‘How companies can close the capability gap’, (N/A) 15. McKinsey, ‘Managing tech transformations’, (2021)
9. Deloitte, ‘Where will your employees work in the “next normal”?’, (2020) 18. Harvard Business School, Building From the Bottom Up, (2020)