The faster midsize businesses grow in competitive landscapes, the more they realize the critical importance of talent intelligence. This repository of workforce data and derivative insights – such as the skills, strengths, and aspirations that people have, need, and desire – enables organizations to upskill and reskill based on what’s best for the individual and the business.
As evidenced in IDC's global survey of midsize companies, now couldn’t be a better time to adopt this skills-based talent development mindset. Responding HR managers from midsize companies rank “increasing employee productivity and efficiency” as critical to driving business growth. Supporting their efforts is a mix of experiential and technological initiatives, including talent management, software adoption and automation, and employee training and upskilling.