Employee development: A skills-based approach

Organizations that focus on employee development generate benefits for all. Tech-enabled capability building and skills-based hiring are great places to start.

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A capital idea

Human capital development undoubtedly benefits employees. Early-tenure workers at organizations that prioritize skill development are more likely to advance.

Report - MGI Research

Human capital at work: The value of experience

Win–win

Investing in workers is good for organizations, too—to the tune of $1 billion in economic profit for those that focus on both performance and people.

Report - MGI Research

Performance through people: Transforming human capital into competitive advantage

The capability advantage

Organizations can create business value by developing capability-building programs that are tech-enabled and focus on the skills needed for the future—such as resilience and adaptability.

Video - McKinsey Quarterly

Capability building in 2030

Skills, not credentials

Employers can expand and retain their talent pools through skills-based hiring—moving beyond degrees and job titles on résumés to attract a broader and more diverse set of applicants.

Article

Taking a skills-based approach to building the future workforce

Seeing stars

Adopting a skills-based approach could introduce organizations to an untapped talent pool of workers who are STARs (skilled through alternative routes).

Podcast - MGI Research