The implication of the signal to organizations in Thailand
Productivity loss due to skill shortage and mismatch
From noise to signal
2-3 Year
Impact to organization
H
H
M Large /MNC
M
Medium
Small/Micro
Not-for-profit
Signal #4
Key questions for the organization to consider
Have organization conducted a comprehensive assessment of the current skills gap within your organization, considering the evolving needs of the digital economy? How is your talent acquisition strategy adapting to incorporate alternative work arrangements, such as gig workers, human-machine augmented roles, and outsourcing?
Is recruitment process valid to identify the right fit for the organization?
Instead of leaving L&D to solely own initiative, are HR systems integrated around the skill shortage issue?
Is performance management designed in a way that encourages and recognizes skill enhancement ?
How does your organization ensure knowledge transfer and retention of institutional knowledge, particularly when engaging with gig workers and outsourcing partners? Are there established transition paths for individuals in alternative work arrangements to move into more traditional roles or vice versa, promoting career development?
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