The global talent shortage is a persistent and rising challenge with significant economic implications. Fourteen G20 countries could miss out on $11.5 trillion in cumulative GDP growth due to this shortage. Addressing the disparity between the demand for skilled professionals and the available workforce with the necessary competencies is crucial for sustained growth, both for individual businesses and the larger economy.
Emerging Strategy extensively researched the essential skills required in AI-driven industries. This initiative included comprehensive interviews with Learning and Development (L&D) professionals across various STEM fields, highlighting the vital soft and hard skills needed by today's workforce.
