The Year 2021 for Skilling: A Pulse Survey

In recent years, skilling has become one of the top priorities for many CEOs, which according to a Wall Street report, had always been among the least of them. This has necessitated CHROs to relook at their overall L&D function and strategy.

People Matters in partnership with Skillsoft conducted a pulse survey, “Responding to the new normal’ with 51 leading Indian organizations from the industries– BFSI, IT/ITeS, Automation & Manufacturing, Professional Services, and Health, Pharmaceuticals, & Life Sciences in order to understand the strategic imperatives of the industry, with a focus on their vision, digital strategy, talent management, operations, and resilience.

We present to you the insights from the study which aims at providing meaningful insights to our leaders. We expect our findings to help India Inc. to design its short-term and long-term skilling strategy.

Key Findings

• 96% of Organizations rated strengthening soft-skills is the biggest requisite
• 94% of Organizations rated digital learning as “important to very important
• 88% of Organizations rated building skills and capabilities are going to be the topmost priority
• 61% of Organizations rated motivation & engagement level of employees being the biggest roadblock in the development and skilling of employees
• 55% of Organizations rated investment in skilling technology will see a rise in 2021