With 85 million jobs predicted to be displaced and 97 million new jobs emerging by 2025, organizations must catch up by adopting skill-based models. Companies like Unilever, General Motors, and IBM are leading the way by redefining roles based on skills rather than degrees or job titles.

Skills are the new business currency, yet most organizations struggle to measure, track, and use them effectively. Without accurate skills intelligence, companies face talent shortages, inefficient hiring, and missed business opportunities.

A successful skills transformation requires more than just HR data—it demands business-wide insights. Relying solely on HR data creates blind spots, as nearly half of workforce skills are captured in business data rather than HR records.

Many organizations have a wealth of skill data, but fragmented systems prevent them from using it effectively. A resilient skill ecosystem enables companies to gain a real-time, unbiased, and actionable view of workforce skills, improving agility, internal mobility, and workforce planning.

Building a future-proof workforce requires more than just occasional reskilling. Companies must continuously monitor skills health—a real-time measure of how well employee capabilities align with business needs.