#FIB-RW-23000359Reading & Writing: Fill in the BlanksCore & AcademicMedium

Talent

Official Question Material
Prep: Varies

The demand for workers in the US is [blank] the supply, and finding the best talent is going to be increasingly difficult as the world navigates a period of heightened economic uncertainty. Despite the need for revamping our existing talent strategies [blank] keep pace, employers have been slow to move on to what we see as the most sustainable way to hire and grow a more effective, engaged workforce: hiring for skills, instead of just relying on pedigree. In this age of uncertainty, [blank] companies prioritize skills (not degrees or "who you know"), they can build a more agile workforce that has gained experience via many different routes, which can help to avoid "group-think" and lead to more dynamic teams. Recognizing the diverse ways skills are acquired and [blank] a skills-first approach to talent will bring greater transparency, efficiency and equity to the labor market, making it easier for anyone from anywhere to achieve anything.

Sample Answer & Audio Transcript

The demand for workers in the US is outpacing the supply, and finding the best talent is going to be increasingly difficult as the world navigates a period of heightened economic uncertainty. Despite the need for revamping our existing talent strategies to keep pace, employers have been slow to move on to what we see as the most sustainable way to hire and grow a more effective, engaged workforce: hiring for skills, instead of just relying on pedigree. In this age of uncertainty, when companies prioritize skills (not degrees or "who you know"), they can build a more agile workforce that has gained experience via many different routes, which can help to avoid "group-think" and lead to more dynamic teams. Recognizing the diverse ways skills are acquired and adopting a skills-first approach to talent will bring greater transparency, efficiency and equity to the labor market, making it easier for anyone from anywhere to achieve anything.
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