
Revolutionize your workforce with "The Skills-Powered Organization," the 2024 Goody Award finalist that's reshaping 140-year-old job models. What if skills - not titles - were your company's currency? Discover how AI-powered skill matching has slashed attrition while boosting inclusion and productivity.
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The modern workplace is experiencing a seismic shift. For 140 years, we've organized work around rigid job descriptions within functional hierarchies. This industrial-age model is now crumbling under the weight of technological acceleration and changing workforce expectations. What's emerging instead? A revolutionary approach where skills - not jobs - serve as the fundamental currency of work. This transformation couldn't be more timely, arriving as organizations desperately seek new talent management models amid unprecedented disruption. Consider how quickly skills are becoming obsolete: 37% of the average job's skills have been replaced in just five years. When the pandemic hit, organizations with rigid job structures struggled while those with skills-based architectures pivoted rapidly. Verizon redeployed thousands of retail employees to virtual customer service within days. Bank of America shifted 30,000 employees to new functions based on their underlying skills. The evidence is overwhelming - traditional boxes are disintegrating under multiple pressures. This shift is gaining momentum across industries. IBM removed degree requirements from over 50% of their positions, championing "new collar jobs" that prioritize relevant skills over formal education. A Deloitte study shows 90% of executives are experimenting with skills-based approaches, with such organizations 63% more likely to achieve results across key metrics. The World Economic Forum estimates a "skills-first" approach could add over one hundred million people to the global talent pool by removing arbitrary barriers like degree requirements.
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