The “confidence gap” and you
Overall, organizations believe they can develop their people and provide the relevant skills training needed to be successful, but employees don't share that same confidence. And this “confidence gap” is growing.
Cornerstone People Research Lab
Addressing the global skills shortage
Learn how successful organizations worldwide are using skills to navigate uncharted territory and help themselves and their people thrive in a new world of work.
Venturing into the wilderness
The new realities of work are creating long-term impacts — good and bad — for your organization and people. The organizations finding their path through the wilderness are succeeding because they focus on developing the skills of their people.
#1
“Skills” and “talent shortage” ranked as most urgent concerns
74%
Of employees worldwide want tailored, career guidance
40%
Of employees are looking in an LMS to develop their skills
A vast divide
The gap between the percentage of employers and employees that strongly agree and agree that they’re confident in their organization’s ability to develop employee’s skills is massive — 30%.
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Skills are your compass to success
The more closely aligned an organization and it's people are on how well it prioritizes quality skill-development opportunities, the more successful everyone is.
High-performing organizations
11%
Confidence gap*
Low-performing organizations
48%
Confidence gap*
*The difference between how aligned people and organizations are when they rate the organization's quality skill-development opportunities.
What a high-performing organization looks like
Both employers and employees at high-performing organizations (HPO) agree their HPO is doing well when it comes to these fundamentals of skills development:
- Employee training/development – 96%
- Profitability – 98%
- Business/franchise expansion – 98%
- Employee retention – 100%
- Regulatory/environmental compliance – 100%
95%
Of employees say their HPO helps them develop their career
97%
Of HPOs utilize multiple forms of learning and development
95%
Of HPOs prioritize creating guided, personalized career paths
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The new realities of work are creating long-term impacts — good and bad — for your organisation and people. The organisations that aren't struggling to navigate this uncharted wilderness succeed because they focus on developing the skills of their people.