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In today’s competitive labor market, attracting and retaining skilled workers has become a critical operational challenge. According to McKinsey research, a staggering 87% of companies are either currently experiencing a skills gap or expect to face one soon.
The growing demand for skills and workforce agility is magnified by the transformative shifts brought on by artificial intelligence (AI). As a result of these shifts, 90% of executives surveyed by Deloitte said their organizations are actively experimenting with skills-based hiring practices, weighing capability over educational pedigrees.
Despite enthusiasm for the concept, few companies are successfully implementing a skilled-based hiring