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Digital Talent Gap

Digital Talent Gap

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The War for Talent Has Gone Digital ...

The War for Talent Has Gone Digital

The shortage of digital skills in the current marketplace is unprecedented. It is estimated that over 4.4 million IT jobs will be created around Big Data by 2015; however, only a third of these new jobs will be filled.

Martha Lane Fox, the UK’s digital inclusion champion, believes over 16 million people in the UK lack the basic digital skills to fully benefit from the Internet.

Even Millenials are a matter of concern. In a survey comprising over 800 middle to upper management executives from over 50 industries, nearly one in five Millenials in the modern workplace are perceived to be lacking in analytic skills.

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    Digital Talent Gap Digital Talent Gap Infographic Transcript

    • The Digital Talent Gap The War for Talent has gone Digital The impact of digital technologies is now felt across the entire organization, creating a huge demand for digital skills. 4.4 million IT jobs will be created >16 million people in the UK lack around Big Data by 2015; with only the basic digital skills to fully benefit from the Internet. a third of these being filled. Organizations are beginning to recognize the magnitude of the problem. 77% of companies considered missing digital skills as the key hurdle to their digital transformation. Current Approaches to Developing Digital Skills are Broken Existing training efforts to develop skills are out of sync Only 4% of companies align their training efforts with their overall digital strategy. No company spends $ >20% Companies Continue to Use Traditional methods to Source Digital Skills of its training budget on digital. Only 20% >63% of of companies use traditional methods to source digital talent. companies’ workforce benefits from training on digital. Skill Evolution for the Digital Age Emerging Technologies are forcing employees to acquire new skills >50% >80% 75% 13% Only of companies use innovative methods. of companies realize mobile is a key skill for digital transformation and of them face a talent shortage in mobile. of executives say that it is challenging to source Analytics talent. 13% Only of companies described their social media efforts as advanced. "Successful leaders are going to be true hybrid professionals" - Markus Nodlin, CIO Zurich Insurance Technical talents need a strong understanding of business By 2015, 90% Business professionals must understand the language of IT of all jobs will require Information and Communication Technology (ICT) skills. Plugging the digital skills gap Organizations need new methods to bridge the skills gap. Initiate training programs on digital tools Employee Exchange programs Innovative recruitment methods L’Oréal gamified its recruitment process. Engage with the startup community Nike has partnered with Techstars — a startup accelerator — for their Nike+ Accelerator program. Targeted acquisitions Walmart made several acquisitions of Mobile, Social and Technology firms. Sources 1. Gartner, “Gartner Says Big Data Creates Big Jobs: 4.4 Million IT Jobs Globally to Support Big Data By 2015”, October 2012 2. Capgemini Consulting – MIT Center for Digital Business Research, “Digital Transformation: A Roadmap for Billion Dollar Organizations”, 2011 3. Capgemini Consulting Digital Transformation Review No. 4, "Interview with Martha Lane Fox", May 2013 4. Capgemini Consulting, "The Digital Advantage: How Digital Leaders Outperform Their Peers in Every Industry", 2012 5. Capgemini Consulting, Digital Maturity Assessment Survey, 2012 6. Capgemini Consulting, Digital Skills Survey, 2013 7. New Vantage Partners, “Big Data Executive Survey 2013”, 2013 8. Ragan.com, “Structuring A Social Media Team”, January 2013 9. IDC, “Post Crisis: e-Skills Are Needed to Drive Europe's Innovation Society”, November 2009 10.IDC, “IDC Releases Chief Marketing Officer Top 10 Predictions for 2013”, January 2013 Reach out: Interested in reading the full report? Head to http://www.capgemini-consulting.com//the-digital-talent-gap-developing-skills-for-todays-digital-organizations Follow us on Twitter @capgeminiconsul or email dtri.in@capgemini.com #digitaltransformation