New research finds that, at a time when skills are one of the most valuable currencies for businesses, in-house training is imperative for businesses and preferred over going to market to find people with the right fit.
A Korn Ferry survey of 105 CHROs and senior leaders in the Gulf Cooperation Council (GCC) finds most companies stuck in pilot mode, with IT holding the keys and workforce readiness lagging.
"We started having conversations around moving from a career ladder to a career playground," said Ginnie Carlier, chief talent and culture officer at EY about the growing demand from the workforce to move laterally instead of always up.