Employer Preferences for Essential Skills

The World Economic Forum just revealed the top skills for 2030 in their Future of Jobs Report. Spoiler: the ones rising fastest are the ones we’ve been ignoring 👀 Here’s what the data from 1,000 top employers (representing 14M workers across 22 industries) tells us: 📍 Analytical thinking is the #1 skill employers value most. 📍 Career growth is shifting from credentials to capabilities. Employers care less about degrees and more about how you think, adapt, and solve real problems. 📍 Soft skills are rising faster than technical ones, including programming and design. If you want to stay relevant by 2030, these are the skills to master: 1) Analytical Thinking → Choose one business decision this week and list 3 things you're assuming to be true. Then challenge each with data before moving forward. 2) Creative Thinking → Take a current work challenge and ask, “How would a completely different team solve this?” 3) AI & Big Data Literacy → Pick one business workflow and explore how AI could reduce time, cost, or complexity. Then test it in a low-risk area. 4) Resilience & Flexibility → Write down the last thing that frustrated you. How could you respond differently next time? 5) Motivation & Self-Awareness → Track your energy for 3 days. Note when you're most focused vs. drained. Move one key task to match your peak zone. 6) Curiosity & Lifelong Learning → Set a 30-minute calendar block to explore a trend that will affect your industry but isn’t on your roadmap yet. 7) Technological Literacy → Pick one tool your team uses and explore a feature you’ve never touched. 8) Empathy & Listening → In your next 1:1, ask: “What’s something you’ve been holding back from saying?” Then listen without interrupting. 9) Leadership & Influence → In your next team meeting or Slack update, highlight a quiet win from someone who usually flies under the radar. 10) Systems Thinking → Pick one process that causes repeated friction. Map it end-to-end, and eliminate the one step that slows everything down. WEF’s data is clear: The skills rising fastest aren’t technical, they’re human. AI is already mastering the hard skills. But it still can’t lead a team, rethink a broken process, or earn trust in a room. 🤝 By 2030, those who master soft skills with strategy won’t just survive the shift, they’ll lead it 

The Microsoft and LinkedIn 2024 Work Trend Index Annual Report is out, and unsurprisingly, AI is rapidly transforming the global workforce. Based on a survey of 31,000 people across 31 countries, here are the highlights, and what it means for education. Key Highlights: - AI usage has more than doubled in the last 6 months, with 75% of global knowledge workers reporting using GenAI tools. - 79% of leaders agree their company needs to adopt AI to stay competitive, but 60% worry their organization lacks a plan and vision to implement it. - 78% of AI users are bringing their own AI tools to work (BYOAI), cutting across all generations. - Leaders say they would not hire someone without AI skills (66%) and would prefer a less experienced candidate with AI skills over a more experienced one without them (71%). - AI power users are experimenting frequently with AI, getting support and encouragement from leadership, and receiving tailored AI training. They are seeing significant benefits in productivity, creativity, and job satisfaction. What does it mean for education? - Experience with AI is becoming a key hiring criteria, in part due to research that shows that GenAI use can significantly decrease skill gaps. - 77% of leaders say early-in-career talent will be given greater responsibilities due to AI. This has major implications for how schools and universities prepare students for the job market. - Only 39% of people who use AI at work have received AI training from their company, and only 25% of companies plan to offer training on generative AI this year. This gap between need for training and availability is similarly playing out in schools and systems right now. - As AI reshapes work, the skills required for jobs are projected to change significantly. Educational institutions will need to adapt curricula to focus on the uniquely human skills that will be most valuable in an AI-enabled work world, such as creativity, critical thinking, and relationship building. The rapid rise of AI is transforming the workplace and the job market and the entire education ecosystem has an essential role to play in equipping students and workers with the AI skills and aptitudes that are and will be most in-demand. For the full report, visit: https://lnkd.in/eyfSRzNj AI for Education #aiforeducation #aieducation #durableskills #GenAI #AIliteracy

Companies will need a robust internal recruiting motion based on skills. That's becoming clearer each day.   Josh Bersin's new HR predictions for 2024 list (see link in the comments) points out that companies are feeling the need to "hoard talent" and "grow through productivity."   At the same time, companies need to adapt and pivot products and services using an ever-changing mix of skills (and are only sometimes able to acquire those skill sets externally).   One exception is that some skill sets are available 'on loan' using flexible, freelance talent. But, for many companies, it'll pay to have processes and systems that make it easier to identify skill gaps and develop new skills as work demands shift.   How will these trends impact hiring strategies?   - Insight: Selection methods will need to include measures of foundational skills and abilities such as problem-solving and learning agility. - Insight: People analytics and TA specialists will focus on predicting retention as a key hiring success outcome. - Insight: Organizations that model work at a skill level will be best equipped to have the talent they need when they need it.

In another sign that more employers are shifting toward a "skills-first" hiring strategy, mentions of experience requirements in job postings have declined in recent years. In April, about 30% of US job postings on Indeed asked for a specific number of years of experience, down from almost 40% in April 2022. The pullback is most pronounced in sectors most likely to require higher levels of education, with the share of postings with experience requirements dropping from 66% in April 2022 to 44% last month. For more on this trend, check out Cory Stahle's research brief. The link is in the comments.