Renewed focus on data literacy
2020 will witness a renewed focus on data literacy. Organizations will be on the lookout for professionals who can read and analyze volumes of data to facilitate deeper insights and informed decisions about the organization’s workforce. Reskilling will be a priority for existing employees. Data suggests that there will be 29 million skills in deficit by 2030. The bulk of these missing skills will be soft skills, with two-thirds of the jobs created between now and then expected to be strongly reliant on skills like communication and empathy. To address this skills shortage, recruiters are shifting their focus to hiring professionals with the ability to adapt to changing roles inflexible organizational structures. Since huge numbers of Gen-Z professionals will be entering the workforce over the coming years, the current workforce will have to reskill itself extensively to stay relevant.