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Talent Shortage Concerns Drive Shift to Skills-Based Strategies, Workday Research Finds

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Workday (NASDAQ: WDAY) released 'The Global State of Skills' report revealing critical talent challenges facing businesses. The study shows that 51% of business leaders worry about future talent shortages, while only 32% are confident in their organization's skills for long-term success.

The research highlights a significant shift toward skills-based talent strategies, with 55% of organizations already transitioning to this model and 23% planning to start this year. 81% of leaders acknowledge these strategies drive economic growth through improved productivity and organizational agility.

Key findings show AI's dual role as both a catalyst and enabler of this transition, with 52% of leaders noting its impact on streamlining tasks and enhancing decision-making. However, human skills remain crucial, with communication, teamwork, resilience, and creativity identified as critical skill gaps. Major adoption challenges include reskilling time (43%), change resistance (38%), and infrastructure limitations (28%).

Workday (NASDAQ: WDAY) ha pubblicato il rapporto 'Lo Stato Globale delle Competenze', rivelando le sfide critiche legate ai talenti che le aziende devono affrontare. Lo studio mostra che il 51% dei leader aziendali è preoccupato per le future carenze di talenti, mentre solo il 32% è fiducioso nelle competenze della propria organizzazione per il successo a lungo termine.

La ricerca evidenzia un significativo spostamento verso strategie di talenti basate sulle competenze, con il 55% delle organizzazioni che stanno già passando a questo modello e il 23% che pianificano di iniziare quest'anno. L'81% dei leader riconosce che queste strategie stimolano la crescita economica attraverso un miglioramento della produttività e dell'agilità organizzativa.

I risultati chiave mostrano il duplice ruolo dell'IA come catalizzatore e facilitatore di questa transizione, con il 52% dei leader che ne notano l'impatto nel semplificare i compiti e migliorare il processo decisionale. Tuttavia, le competenze umane rimangono fondamentali, con comunicazione, lavoro di squadra, resilienza e creatività identificati come lacune critiche. Le principali sfide nell'adozione includono il tempo di riqualificazione (il 43%), la resistenza al cambiamento (il 38%) e le limitazioni infrastrutturali (il 28%).

Workday (NASDAQ: WDAY) publicó el informe 'El Estado Global de las Habilidades', revelando los desafíos críticos de talento que enfrentan las empresas. El estudio muestra que el 51% de los líderes empresariales se preocupa por la futura escasez de talento, mientras que solo el 32% confía en las habilidades de su organización para el éxito a largo plazo.

La investigación destaca un cambio significativo hacia estrategias de talento basadas en habilidades, con el 55% de las organizaciones que ya están en transición a este modelo y el 23% que planean comenzar este año. El 81% de los líderes reconoce que estas estrategias impulsan el crecimiento económico a través de una mejor productividad y agilidad organizativa.

Los hallazgos clave muestran el doble papel de la IA como catalizador y facilitador de esta transición, con el 52% de los líderes señalando su impacto en la simplificación de tareas y la mejora en la toma de decisiones. Sin embargo, las habilidades humanas siguen siendo cruciales, con comunicación, trabajo en equipo, resiliencia y creatividad identificadas como brechas críticas de habilidades. Los principales desafíos de adopción incluyen el tiempo de recualificación (el 43%), la resistencia al cambio (el 38%) y las limitaciones de infraestructura (el 28%).

Workday (NASDAQ: WDAY)는 '글로벌 기술 상태' 보고서를 발표하며 기업들이 직면한 중요한 인재 도전 과제를 드러냈습니다. 연구에 따르면 51%의 비즈니스 리더들이 미래 인재 부족에 대해 걱정하고 있으며, 단지 32%만이 장기적인 성공을 위한 조직의 기술에 자신감을 가지고 있습니다.

연구는 기술 기반 인재 전략으로의 중요한 전환을 강조하며, 55%의 조직이 이미 이 모델로 전환 중이고 23%는 올해 시작할 계획입니다. 81%의 리더들은 이러한 전략이 생산성 향상과 조직의 민첩성을 통해 경제 성장을 이끈다고 인정합니다.

주요 발견은 AI가 이 전환의 촉매이자 촉진자로서의 이중 역할을 한다는 것을 보여주며, 52%의 리더가 작업 간소화 및 의사 결정 향상에 미치는 영향을 언급했습니다. 그러나 인간의 기술은 여전히 중요하며, 의사소통, 팀워크, 회복력 및 창의성이 중요한 기술 격차로 확인되었습니다. 주요 채택 도전 과제로는 재교육 시간(43%), 변화에 대한 저항(38%), 그리고 인프라 제한(28%)이 포함됩니다.

Workday (NASDAQ: WDAY) a publié le rapport 'L'État Mondial des Compétences', révélant les défis critiques en matière de talents auxquels les entreprises font face. L'étude montre que 51% des dirigeants d'entreprise s'inquiètent des futures pénuries de talents, tandis que seulement 32% ont confiance dans les compétences de leur organisation pour un succès à long terme.

La recherche met en évidence un changement significatif vers des stratégies de talents basées sur les compétences, avec 55% des organisations qui passent déjà à ce modèle et 23% qui prévoient de commencer cette année. 81% des dirigeants reconnaissent que ces stratégies stimulent la croissance économique grâce à une productivité améliorée et une agilité organisationnelle.

Les résultats clés montrent le double rôle de l'IA en tant que catalyseur et facilitateur de cette transition, avec 52% des dirigeants notant son impact sur la simplification des tâches et l'amélioration de la prise de décision. Cependant, les compétences humaines restent cruciales, avec la communication, le travail d'équipe, la résilience et la créativité identifiées comme des lacunes critiques. Les principaux défis d'adoption incluent le temps de reconversion (43%), la résistance au changement (38%) et les limitations d'infrastructure (28%).

Workday (NASDAQ: WDAY) hat den Bericht 'Der globale Stand der Fähigkeiten' veröffentlicht, der kritische Talentherausforderungen für Unternehmen aufzeigt. Die Studie zeigt, dass 51% der Unternehmensleiter sich um zukünftige Talentengpässe sorgen, während nur 32% zuversichtlich in die Fähigkeiten ihrer Organisation für den langfristigen Erfolg sind.

Die Forschung hebt einen signifikanten Wandel hin zu fähigkeitsbasierten Talentstrategien hervor, wobei 55% der Organisationen bereits zu diesem Modell übergehen und 23% planen, in diesem Jahr zu beginnen. 81% der Führungskräfte erkennen an, dass diese Strategien das Wirtschaftswachstum durch verbesserte Produktivität und organisatorische Agilität vorantreiben.

Wichtige Erkenntnisse zeigen die doppelte Rolle von KI als Katalysator und Ermöglicher dieses Wandels, wobei 52% der Führungskräfte deren Einfluss auf die Vereinfachung von Aufgaben und die Verbesserung der Entscheidungsfindung bemerken. Dennoch bleiben menschliche Fähigkeiten entscheidend, wobei Kommunikation, Teamarbeit, Resilienz und Kreativität als kritische Fähigkeitslücken identifiziert werden. Zu den größten Herausforderungen bei der Einführung gehören die Zeit für die Umschulung (43%), der Widerstand gegen Veränderungen (38%) und infrastrukturelle Einschränkungen (28%).

Positive
  • 81% of leaders confirm skills-based approach improves productivity and innovation
  • 78% adoption rate (55% current + 23% planned) for skills-based talent model
  • AI integration enhancing operational efficiency and decision-making
  • Strong market positioning in AI-driven talent management solutions
Negative
  • 68% of organizations lack confidence in their long-term skills readiness
  • 46% of organizations lack visibility into current workforce skills
  • 43% face significant time constraints in reskilling employees
  • 28% lack proper infrastructure for skills-based management

Leaders Turn to Skills-Based Talent Strategies to Navigate Uncertainty and Boost Productivity in the Age of AI

PLEASANTON, Calif., March 5, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), the AI platform for managing people and money, today released "The Global State of Skills", revealing a pressing challenge for businesses worldwide: More than half (51%) of business leaders are worried about future talent shortages, and only 32% are confident their organization has the skills needed for long-term success.

As AI transforms industries, the skills required to thrive in the workforce are evolving fast. However, many organizations lack visibility into the existing capabilities of their people – only 54% of leaders say they have a clear view of the skills within their workforce today.

This growing uncertainty is exposing the limitations of traditional talent management approaches that focus on job titles, degrees, and previous companies worked for. In response, organizations are accelerating a shift to skills-based talent strategies, which prioritize an individual's capabilities over traditional credentials and provide a more agile, data-driven approach to hiring, developing, and deploying talent.

Key Findings:

  • Skills-based strategies are no longer a "future of work" concept – they're a competitive advantage. 81% of leaders agree that adopting a skills-based approach drives economic growth by improving productivity, innovation, and organizational agility.
  • The movement is already underway. More than half (55%) of organizations worldwide have begun the transition to a skills-based talent model, with an additional 23% planning to start this year.
  • Beyond business impact, skills-based strategies can help close opportunity gaps. Leaders cite increased access to job opportunities for employees (82%), higher workforce equity (72%), and lower unemployment (61%) as key benefits.

AI Boosts the Shift to Skills-Based Talent Management
AI is both a catalyst for and an enabler of this shift. While the rise of AI is transforming jobs, it is also helping organizations build more agile, skills-driven workforces. According to the research, AI is playing a pivotal role in the transition by:

  • Streamlining routine and repetitive tasks (52% of leaders agree)
  • Enhancing decision making with data-driven insights (52% of leaders agree)
  • Personalizing learning and development programs (47% of leaders agree)
  • Predicting future skills needs (45% of leaders agree)

"At Ferring, we are committed to a culture of continuous learning where employees can connect with new skills, opportunities and projects that align with their ambitions," said Lynn Van Oossanen, Global Head of People Solutions, Ferring Pharmaceuticals. "With AI-powered technology, we can now identify skills gaps in real-time, enabling employees to seek out growth opportunities while helping managers connect with the right talent more effectively."

AI is Accelerating, but Human Skills Remain Irreplaceable
While technical skill sets are in high demand, today's research highlights an equally critical need for uniquely human skill sets. Social skills like communication and teamwork, and individual skills like resilience and creativity are listed as the most impactful skill gaps in organizations today, followed by digital fluency, including AI and software proficiency.

This aligns with findings from Workday's "Elevating Human Potential: The AI Skills Revolution" report, which found that relationship-building, empathy, conflict resolution, and ethical decision making are critical for success in an AI-driven economy.

"AI is reshaping the workplace, but the human element has never been more essential," said Chris Ernst, Chief Learning Officer, Workday. "Organizations that embrace a skills-first mindset will not only unlock AI's potential but also harness human ingenuity in new and transformative ways."

Challenges to Adoption – and the Path Forward
Despite the momentum behind skills-based strategies, business leaders cite several key challenges:

  • The time required to reskill employees (43%)
  • Resistance to change (38%)
  • Lack of infrastructure to support skills-based talent management (28%)
  • Inadequate skills measurement tools (28%)

Technology alone isn't the solution, the research finds. Overcoming these challenges requires a shift in mindset – one that includes clear communication of the benefits (48%) and effective change management (48%) to drive adoption across organizations.

The Future of Talent is Skills-First
For years, skills-based talent strategies were seen as an aspiration. Today, thanks to AI and data-driven insights, they are a business imperative. Workday believes organizations that embrace this shift will not only outmaneuver the competition but also future-proof their workforce in an era of rapid transformation. As the relationship between AI and human talent deepens, the skills movement will only accelerate, creating a smarter, more resilient, and more inclusive world of work.

For Additional Information:

About the Report
These findings are based on a global study of 2,300 business leaders in director positions or above from organizations employing at least 100 people worldwide. The survey was administered by Hanover Research on behalf of Workday in November 2024. All respondents were employed full time across the following regions: North America, EMEA, and Asia Pacific and Japan. Workday leaders and employees were not included in the survey set.

About Workday
Workday is the AI platform that helps organizations manage their most important assets – their people and money. The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 11,000 organizations around the world and across industries – from medium-sized businesses to more than 60% of the Fortune 500. For more information about Workday, visit workday.com.

© 2025 Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders.

Forward-looking Statement
This press release contains forward-looking statements including, among other things, statements regarding Workday's leadership, innovation, transformation, and potential. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission ("SEC"), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law.

Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available.

 

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SOURCE Workday Inc.

FAQ

What percentage of organizations are transitioning to skills-based talent models according to Workday's research?

55% of organizations have already begun the transition, with an additional 23% planning to start in 2025.

How many business leaders are concerned about future talent shortages according to WDAY's report?

51% of business leaders express concerns about future talent shortages.

What are the main challenges in implementing skills-based strategies according to Workday's study?

Key challenges include time required for reskilling (43%), resistance to change (38%), lack of infrastructure (28%), and inadequate skills measurement tools (28%).

How is AI contributing to skills-based talent management according to WDAY's research?

AI contributes by streamlining routine tasks (52%), enhancing decision-making (52%), personalizing learning programs (47%), and predicting future skills needs (45%).

What percentage of organizations have clear visibility into their workforce's current skills according to Workday's report?

54% of leaders say they have a clear view of the skills within their workforce.

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