Skills Gap

The ASTD report: Bridging the Skills Gap: new Factors compounding the growing skills shortage covers the growing importance of talent to organisational performance and the growing skills gaps that threaten many organisations today. A Skills gap is identified as a significant gap between an organisation’s capabilities and the skills it needs to achieve its goals. Communities, regions and nations pay a heavy price when they cannot find or equip workers with the right skills for the right jobs.

Jobs are changing and educational attainment is lagging; current global economic challenges may result in a jobless recovery where organisations may put off new hires and achieve productivity gains with existing employees. Such situations may provoke the social fabric prevailing in many developing and emerging economies.

Each individual is responsible for his or her own learning if they want to gain high pay or keep their jobs.

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