More CEOs have now voiced concerns that their workforce is not ready for the implications of digital business transformation trends. Few believe that their HR team is capable of reimagining the future of work to drive high-performance across the organization. Just imagine, 45 percent of managers say they don’t feel confident in their ability to develop the skills employees need to succeed. In addition, managers lack time to coach their direct reports -- they're spending on average 9 percent of their time on skills development. Bridging the Digital Skills Gap Employee skill development challenges are particularly problematic in a multi-generational work environment. Millennials report wanting feedback 50 percent more often than other employees -- a Gartner survey found that more than 70 percent of HR executives believe that managers should get more involved in coaching employees compared with three years ago. "Today’s organizations are undergoing a digital transformatio...
TMT Market Research and Analysis