The Rules of the Talent Game are Changing Before Our Eyes
When the pandemic struck, we saw essential workers—a.k.a. STARs (talented individuals who are Skilled Through Alternative Routes, versus four-year degrees)—rapidly work to reconfigure supply chains, safety protocols, and business processes with adaptability, courage, and skill.
Let’s not forget what we saw; let’s believe our own eyes. STARs are not low-skill; they are low-wage. And, as we work to build back from COVID-19, employers who do not take note of this, and continue to “require” a four-year degree, will lose out on the skilled, diverse talent.
It’s a time of confusing signals, with millions still unemployed while employers struggle to hire according to their old models, and with uncertainty as to whether large-scale public investments might change the landscape in the years ahead, as Opportunity@Work’s Cheston McGuire notes in in the latest Opportunity Wrap:
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As we continue to see news reports of “labor shortages” and “skills gaps” hobbling companies’ competitiveness, the good news is that smart employers can look beyond the degree, tap into previously overlooked STARs talent for the skilled roles they need, and are beginning to win in the post-pandemic economy. Unfortunately and unnecessarily, employers who keep looking backwards through a pedigree lens, aiming for a pre-pandemic “normal,” are being left behind.
All the best,
Byron
Creating work + learning environments where teams thrive
3yI hope that this is going to move more businesses to invest in developing talent internally. I think this will also lead to expanding the equity of access and success #workinglearners have to skill development opportunities.
Former Chairman and CEO of IBM, Co-Chair at OneTen, Author of Good Power.
3yWith challenges come opportunities. The need for more workers provides businesses with an opportunity to hire based on aptitude, rather than degrees, and develop talent internally.