Latest HCI and Cornerstone Research Explores Why New Skilling is Critical Right Now

Latest HCI and Cornerstone Research Explores Why New Skilling is Critical Right Now

CINCINNATI, OHIO – September 8, 2020 – The Human Capital Institute (HCI), and their partners at the Cornerstone People Research Lab, the research arm of Cornerstone OnDemand, Inc. (NASDAQ: CSOD), are releasing new research: “The Revolution is Now: New-skill Your Workforce to Catalyze Change.”

The business impacts from recent social and economic change is compounded by an emerging revolution in work.  The advancement of digital technologies and the integration of human and machine intelligence is radically re-shaping many occupations, creating new roles for needs we couldn’t anticipate, and requiring skills that are in short supply across the workforce.

Maintaining a competitive advantage means staying ahead of the demand for these hard-to-find skills through robust learning and development initiatives. But traditional approaches alone are unlikely to effectively fill the gaps in needed skill sets. Enter new skilling.

New skilling is an approach in which customized learning and ongoing development is extended to every level of an organization, building bench-strength for roles that may not yet exist within an organization. It relies on a combination of business processes and tools to project which skills will be needed most both now and in the future, assess the current inventory of skills within

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