5 Ways Companies Are Addressing Skills Gaps in Their Workforce

We’re in an unusual economic situation, one where recession fears are high but the job market is tight. As training budgets inevitably come under pressure, organizations will need to find more targeted ways to address their skills gaps. The author examines five of the biggest developments in this space: 1) digital apprenticeships that are helping fill jobs in the digital and tech sectors; 2) tuition-assistance programs aimed at frontline workers; 3) learning-experience platforms with features like skills assessments, algorithmic-driven recommendations about what to learn next, and internal social networking; 4) the democratization of coaching; and 5) the rise of cohort-based courses.